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Business & Finance

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Ørsted vs. Trump Administration: Revolution Wind JV Initiates Legal Action Against Stop-Work Order
Business & Finance

Ørsted vs. Trump Administration: Revolution Wind JV Initiates Legal Action Against Stop-Work Order

Revolution Wind, a joint venture (JV) between Ørsted and a consortium led by Skyborn Renewables, filed a complaint in the US District Court for the District of Columbia on 4 September, challenging the stop-work order issued by the US Department of the Interior’s (DOI) Bureau of Ocean Energy Manageme

about 1 year ago
Bornholm Siemens Energy
Business & Finance

Siemens Energy Secures Major Converter Station Contract

The transmission system operators (TSOs), Energinet and 50Hertz, have placed a joint order with Siemens Energy for the construction and turnkey delivery of four converter stations and other technical components that will connect the Bornholm Energy Island project to the mainland grids of Denmark and

about 1 year ago
A photo of an offshore wind farm
Business & Finance

Virtus Data Centres Buys Power from UK Offshore Wind Farms

UK data centre provider Virtus Data Centres has agreed to purchase electricity generated from the 194 MW Lynn and Inner Dowsing (LID) offshore wind farms in the UK. The tri-party corporate power purchase agreement (CPPA) was signed between Virtus, an energy and sustainability advisory company, Inspi

about 1 year ago
Bornholm Energy Island Energinet 50Hertz
Business & Finance

NKT Wins EUR 650 Million Power Cable Contract for Bornholm Energy Island

NKT has signed a contract with the Danish transmission system operator (TSO) Energinet to deliver a high-voltage direct current (HVDC) power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand in Denmark. NKT’s scope of work includes the deliv

about 1 year ago
Jeonnam 1 south korea
Business & Finance

South Korea Awards 689 MW of Offshore Wind Projects, Favours Domestic Turbine Technology

South Korea has awarded 689 MW of offshore wind projects in the competitive tender for fixed-bottom offshore wind organised in the first half of 2025, the Ministry of Trade, Industry and Energy (MOTIE) and the Korea Energy Agency (KEA) said on 1 September. Earlier this year, KEA announced that the t

about 1 year ago
SPIE TPC Phase II
Business & Finance

SPIE Lands Offshore Cable Work for TPC Phase II Project in Taiwan

SPIE Wind Connect, a subsidiary of SPIE Global Services Energy, has been awarded a contract for the termination and testing of inter-array cables for the Taipower Offshore Wind Project Phase II (TPC Phase II) in Taiwan. Under the contract awarded by Shinfox Far East Energy, SPIE Wind Connect will ex

about 1 year ago
Sofia monopiles EEW SPC
Business & Finance

Foundation, Inter-Array Contractors Selected for Gennaker Offshore Wind Farm

Skyborn Renewables has signed preferred supplier agreements (PSAs) for monopiles, transition pieces, foundation installation and inter-array cable supply and installation for the 976.5 MW Gennaker offshore wind project in the German Baltic Sea. EEW Special Pipe Construction (EEW SPC) has been select

about 1 year ago
monopile Sif Empire wind
Business & Finance

Full Production Ramp-Up at Sif’s New Monopile Mega-Factory Delayed Until First Half of 2026

Dutch offshore wind foundation manufacturer, Sif Group, is facing a delay in the ramp-up of production at its new monopile production facility at Maasvlakte 2 in Rotterdam and expects to achieve this in the first half of 2026, instead of this year. Also in this article: In its half-year results for

about 1 year ago
Verti-Go Project Awarded EUR 15 Million for 2 MW Floating Vertical Axis Wind Turbine Demo
Business & Finance

Verti-Go Project Awarded EUR 15 Million for 2 MW Floating Vertical Axis Wind Turbine Demo

A consortium behind a project called Verti-Go has secured EUR 15 million from Horizon Europe to demonstrate SeaTwirl’s floating wind technology with a 2 MW turbine, including the design, fabrication, installation and operation. The project was selected as the successful applicant for funding under t

about 1 year ago
Northern Offshore Services Adding Twelve New Hybrid CTVs to Its Fleet
Business & Finance

Northern Offshore Services Adding Twelve New Hybrid CTVs to Its Fleet

Northern Offshore Services (N-O-S) has ordered a total of twelve E-class crew transfer vessels (CTVs), with four already on the way and eight more now on order. N-O-S said via social media that this was one of the largest CTV orders in history, with the agreement also including several options for a

about 1 year ago
Arthur Kill Terminal
Business & Finance

US Transportation Dept Cancels Funding for 12 Offshore Wind Port Projects to ‘Invest in Real Infrastructure’

The US Department of Transportation (USDOT) has withdrawn or terminated funding for twelve offshore wind-related port projects, totalling USD 679 million (approximately EUR 580 million). These funds will be used, where possible, “to invest in real infrastructure, restoring American maritime dominanc

about 1 year ago
A photo of Equinor headquarters in Stavanger, Norway
Business & Finance

Equinor to Participate in Ørsted’s Rights Issue as 10 Pct Shareholder

Equinor plans to participate in Ørsted’s upcoming rights issue, worth around EUR 8 billion, and maintain its 10 per cent ownership stake in the Danish offshore wind developer. On 1 September, Equinor said that, subject to the final terms of the rights issue, it intends to subscribe for new shares at

about 1 year ago
Dansk Polyglas Nordlicht 1
Business & Finance

Danish Company to Supply TP Covers for Vattenfall’s Nordlicht 1 Offshore Wind Farm

The Danish company, Dansk Polyglas, has been awarded a contract by CS Wind Offshore to supply transition piece (TP) covers for Vattenfall’s Nordlicht 1 offshore wind farm in the German North Sea. Under the contract, Dansk Polyglas will deliver TP covers for all 68 transition pieces, manufactured by

about 1 year ago
Green Volt
Business & Finance

OWC Wins Green Volt Cable Engineering Contract

The renewable energy consultancy OWC has been awarded a contract to provide cable engineering support to the Green Volt floating offshore wind farm in Scotland, developed by Flotation Energy and Vårgrønn. OWC’s scope of work includes cable engineering for both offshore and onshore cables. The subsea

about 1 year ago
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