German renewable energy developer RWE has stopped all its offshore activities in the US for the time being, said Marcus Krebber, CEO of RWE, in a transcript of a speech planned to be delivered to shareholders at the company’s annual general meeting on 30 April. Krebber added that the US stands out f
The Ministry of Energy of Azerbaijan has signed two agreements with Chinese companies for the development of an offshore wind project in the country. A Memorandum of Understanding (MoU) was signed between the Ministry of Energy, SOCAR Green, China Datang Overseas Investment, and PowerChina for the d
The UK government has announced GBP 300 million (approximately EUR 350 million) of funding through the country’s publicly owned clean energy company, Great British Energy, to invest in domestic offshore wind supply chains. The funding, which was brought forward by the UK Prime Minister Keir Starmer
Iberdrola has closed a strategic agreement with Japan’s Kansai Electric Power Co., Inc. (Kansai) to co-invest in the 315 MW Windanker offshore wind farm in the German Baltic Sea. After obtaining all the necessary regulatory approvals, Iberdrola will have a majority stake of 51 per cent in the assets
Denmark-based CS Wind Offshore has announced it is contemplating the layoff of approximately 220 employees at its Odense Port facility due to recent offshore wind project cancellations and market challenges. According to the company, several offshore wind projects are being either postponed or cance
Google has signed a power purchase agreement (PPA) with Denmark’s Copenhagen Infrastructure Partners for electricity generated at the 495 MW Fengmiao 1 offshore wind farm in Taiwan. The agreement in Taiwan is not only Google’s first offshore wind PPA in the country but also its debut in the Asia Pac
Prysmian’s new cable laying vessel (CLV) Monna Lisa has been loaded for the first time with submarine cable, destined for what will become the largest US offshore wind farm once operational. Prysmian reported two days ago that the submarine cable for Dominion Energy’s Coastal Virginia Offshore Wind
Ocean Winds has awarded P&Q a contract to build the onshore substation for its 390 MW BC-Wind offshore wind project in the Polish Baltic Sea. The contract covers the design, construction, installation, and commissioning of an onshore substation for integration into the national power system in the C
TenneT Holding is setting up a new funding structure to facilitate the separation of its Dutch and German operations by establishing two standalone companies, each operating and funded separately, the holding company said on 18 April. “The new funding structure is part of TenneT’s exploration of str
US renewable energy industry organisations and New York state agencies, as well as the Governor, have responded with criticism to the decision of the US Department of the Interior (DOI) to halt construction on Empire Wind 1. The move has been called a “chilling signal” to investors in the US market
Following an order to halt construction activities issued by the US government, Equinor said it will suspend the offshore construction “in waters of the outer continental shelf for the Empire Wind project.” Empire Offshore Wind LLC (Empire), the project company owned by Equinor, received a notice fr
The US Department of the Interior (DOI), through the Bureau of Ocean Energy Management (BOEM), has paused the building of the Empire Wind 1 offshore wind farm, which is currently under construction in federal waters off New York. According to community and mariner updates issued by the Empire Wind p
Dutch Fugro has realigned its operations in the Americas by reducing its workforce and scaling back operations due to expected lower revenues caused by a pause in new offshore wind projects. In the financial update for the first quarter of 2025, Fugro stated that rapidly increased geopolitical and e
Adira Renewables, the wholly-owned subsidiary of Singapore’s offshore services provider Kim Heng and Soiltech Engineering Co Ltd Korea (STE), has launched a geotechnical survey vessel, rebuilt/converted in 2024, into the water. Kim Heng announced today, 15 April, the completion of the christening ce
