Diamond Transmission Partners has signed an agreement with the owners of the Race Bank offshore wind farm to acquire the project’s transmission assets. Diamond Transmission Partners, a partnership of Diamond Transmission Corporation Ltd and HICL Infrastructure PLC, was selected as the preferred bidd
Ideol and Taisei Corporation have signed a Memorandum of Understanding (MoU) for joint development and promotion of concrete foundations for floating offshore wind in Japan using Ideol’s Damping Pool technology. According to Ideol and Taisei, floating offshore wind is a promising market in Japan as
Tekmar Group has signed a sale and purchase agreement for the acquisition of Pipeshield International from its founder Steven Howlett. Tekmar said this is its third acquisition since the admission to AIM in June last year and will continue buying offshore energy businesses with synergies that have a
The Crown Estate has held a Bidders Information Day for the recently launched Offshore Wind Leasing Round 4. The event hosted more than 130 industry representatives who are potential participants in the Round 4 leasing round and their advisors. Participants were provided with details on the tender p
JERA is set to acquire a 49% equity interest in the Formosa 2 offshore wind farm in Taiwan, the Japanese utility revealed shortly after it had secured joint control over the project with Macquarie and Swancor. Macquarie will hold a 26% stake and Swancor will hold 25% of the 376MW wind project locate
Organizations from Ireland, Wales and Cornwall have signed a collaboration agreement to work together on progressing floating offshore wind projects in the Celtic Sea. The deal, signed by the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP), Marine Energy Wales and Marine Renewables I
MMT and CSA Ocean Sciences (CSA) have joined forces to provide combined services for the American offshore industry, including the offshore wind sector. MMT and CSA said they plan to offer combined geophysical/geotechnical and environmental services on a high specification survey vessel. The vessel
Fugro’s Board of Management has appointed Erik-Jan Bijvank as Group Director for Europe and Africa. With this latest appointment, Fugro said it completes its new executive leadership team, which was established as of 1 May, consisting of the Board of Management, four regional Group Directors and sev
The UK is expected to account for 35% of the growth in the offshore wind sector over the next five years, according to the latest report by WindEurope. The central scenario in the Wind Energy in Europe: Outlook to 2023 report says that between 2019 and 2023 offshore installations will represent 18.2
The New York State Energy Research and Development Authority (NYSERDA) has completed a three-week open house tour about the state’s recent awards for 1,696MW of offshore wind. NYSERDA presented details on the 816MW Empire Wind project, owned and developed by Equinor, and the 880MW Sunrise Wind, owne
Germany and the Netherlands have signed a Joint Declaration of Intent on the energy transition, which includes cooperation on the development of cross-border offshore wind projects. Germany’s Federal Ministry for Economic Affairs and Energy and the Dutch Ministry of Economic Affairs and Climate Poli
The Offshore Wind Growth Partnership (OWGP) has issued its first funding calls for projects that have an aim of improving the UK offshore wind supply chain. OWGP is allocating GBP 400,000 in two calls for projects that aim to improve the competitiveness of the existing UK supply chain and encourage
The European Commission has awarded a EUR 530 million grant for the Celtic Interconnector electricity link between Ireland and France. The decision comes after Taoiseach (Irish Prime Minister) Leo Varadkar and President of France Emmanuel Macron sought financial support from the Commission in May fo
The European Commission has approved the acquisition of joint control by JERA, Macquarie and Swancor over the Formosa 2 offshore wind project in Taiwan. The 376MW Formosa 2 offshore wind project is currently owned by Macquarie and Swancor. The Commission concluded that the proposed acquisition would
