Global Underwater Hub (GUH) has launched a new initiative to tackle subsea cable reliability, a critical factor in offshore wind development, as the UK pushes to meet its clean energy targets. The industry body, representing the UK’s GBP 9.2 billion (around USD 11.3 billion) underwater sector, has p
Les Eoliennes Flottantes du Golfe du Lion (EFGL), a consortium comprising Ocean Winds and the Banque des Territoires which is developing the 30 MW floating wind pilot project in the French Mediterranean Sea, has selected Euroports’ Port-La Nouvelle as the site for its operation and maintenance (O&M)
The developer of the Inch Cape offshore wind farm has awarded a contract to UK-based Granada Cranes to provide 72 davit crane units on one of Scotland’s largest offshore wind projects. Granada Cranes has been contracted to design and supply two separate types of davit cranes, each to suit the mixed
Aker Solutions has signed a contract with Spain’s Dragados Offshore to deliver the steel substructure for the 2 GW BalWin1 converter station in the German North Sea. The contract also includes an option for the BalWin2 steel substructure. The contract is worth between NOK 1.5 billion (approximately
Source Galileo, developer of the PortWind project in the English Channel, has signed a non-exclusive memorandum of understanding (MoU) with Portland Port to work together to maximise opportunities for offshore wind development off the Dorset coast. Under the MoU, Source Galileo and Portland Port wil
Ocean Winds and Cadeler have signed a vessel reservation agreement for the installation of the turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the reservation agreement is estimated to be between EUR 48
The global capacity of fully operational offshore wind farms has reached 80.9 GW, according to RenewableUK, whose new report also shows China is leading in total operational capacity, new capacity installed in 2024, as well as in the capacity of the project pipeline. The global operational offshore
Norway’s Olympic Subsea has signed an agreement to build two offshore construction vessels, which the company claims will be the most energy-efficient in their category worldwide. The vessels will be built at the China Merchants Heavy Industry (CMHI) shipyard in Shenzhen and are scheduled for delive
Ørsted will reduce the investment programme the company planned to implement by 2030 by around 25 per cent, saying the reduction was in line with its commitment to ensure a capital structure that can support a solid investment grade credit rating. The slimmed-down strategic investment programme will
Ørsted has reported 2024 earnings from its operational offshore wind farms of DKK 23.8 billion (approximately EUR 3.2 billion), up by 20 per cent compared to 2023. The global offshore wind developer said on 6 February the increase was mainly due to the ramp-up of generation at Greater Changhua 1 and
Seaway7, part of the Subsea7 Group, has awarded Houston-headquartered Helix Robotics Solutions a contract for the burial of inter-array cables at the Hornsea 3 offshore wind farm site in the UK. The contract is expected to last over 300 days and is scheduled to commence in the third quarter of 2026.
Elia Transmission Belgium (ETB) has decided to temporarily postpone the signing of the high-voltage direct current (HVDC) contracts for Princess Elisabeth Island due to the price increase for the HVDC infrastructure, according to the Belgium transmission system operator (TSO). Princess Elisabeth Isl
