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Business & Finance

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Contracts & TendersSupply ChainWind TurbinesFixed-BottomOperations & MaintenanceProject UpdatesWind Farm UpdateAuthoritiesPlanning & PermittingBusiness developmentResearch & DevelopmentPorts & LogisticsCablesGrid ConnectionFloating WindInnovationMarket OutlooksOutlook & StrategyR&D
Seaway7 Takes on More Work at Dogger Bank Wind Farm
Business & Finance

Seaway7 Takes on More Work at Dogger Bank Wind Farm

Dogger Bank Wind Farm, a joint venture between SSE Renewables, Equinor, and Vårgrønn, has signed a vessel reservation agreement with Seaway7 to charter a second turbine installation vessel to support the ongoing delivery of the offshore wind farm off the coast of England. Starting in 2026, the Seawa

about 1 year ago
A photo of Ocean Winds' Moray East offshore wind farm in Scotland
Business & Finance

Ocean Winds Hires Føn Energy Services in Scotland

Ocean Winds, a 50/50 joint venture between EDP Renewables and ENGIE, has contracted Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service programme for the Moray East and Moray West offshore wind farms in Scotland. The contract is valid for

about 1 year ago
Orsted Greater Changhua 1 and 2a
Business & Finance

Ørsted Sells Half of Changhua 4 Offshore Wind Farm to Taiwan’s Insurance Company

Ørsted has sold a 50 per cent ownership share in the Greater Changhua 4 offshore wind farm to Taiwanese insurance company Cathay Life Insurance, and its affiliate Cathay Wind Power Holdings, for approximately DKK 11.6 billion (around EUR 1.55 billion). The 583 MW Greater Changhua 4 is part of the 92

about 1 year ago
Estonia and Latvia to Jointly Develop 1 GW Offshore Wind Farm
Business & Finance

EU Clears EUR 2.6 Billion Support Scheme for Offshore Wind in Estonia

The European Commission (EC) has approved a EUR 2.6 billion scheme to support the development of renewable offshore wind energy in Estonia. The scheme was approved under the State Aid Temporary Crisis and Transition Framework (TCTF) adopted by the Commission on 9 March 2023. The measure aims to supp

about 1 year ago
ScotWind Leasing Applicants Get Final Technical Update
Business & Finance

The Crown Estate Awards GBP 5 Million in First Supply Chain Accelerator Round

The Crown Estate has awarded nearly GBP 5 million in funding to 13 organisations across England, Wales, and Scotland in the first round of its Supply Chain Accelerator. According to The Crown Estate, the funding will help kick-start projects drawing down from a GBP 50 million fund established in May

about 1 year ago
First ScotWind Floating Project Submits Both Onshore and Offshore Consent Applications
Business & Finance

First ScotWind Floating Project Submits Both Onshore and Offshore Consent Applications

The Muir Mhòr Offshore Wind Farm, a joint venture between Vattenfall and Fred. Olsen Seawind, has submitted applications for both offshore and onshore consents to the Scottish authorities for review. The project is the first fully floating offshore wind farm from the 2022 ScotWind leasing process to

about 1 year ago
Nexif Lucena permit
Business & Finance

Nexif Ratch Receives Fast Permit Lane for 475 MW Philippine Offshore Wind Farm

The Lucena offshore wind project in the Philippines, developed by Nexif Ratch Energy, has been awarded the Green Lane Certificate by the Philippine Board of Investments (BOI). On 26 November, Nexif Ratch Energy, owned by Singapore’s Nexif Energy and Thai Ratch Group, secured Green Lane Certificates

about 1 year ago
China’s Dajin to Store Offshore Wind Components in Denmark
Business & Finance

China’s Dajin to Store Offshore Wind Components in Denmark

China’s Dajin Heavy Industry has signed a reservation agreement with Danish Odense Port for 100,000 square metres of the port area to store offshore wind components, which will later be installed on European wind farms. In the coming years, the Chinese manufacturer plans to deliver a “substantial” n

about 1 year ago
Dogger Bank Wind Farm first power
Business & Finance

Proserv Wins More Work on World’s Largest Offshore Wind Farm

Proserv has been awarded a contract by DEME Offshore to de-risk offshore wind operations at Dogger Bank C, the third phase of the 3.6 GW Dogger Bank Wind Farm project in the UK. According to Proserv, the company will utilise its Electro Cable Guard (ECG) system to identify signs of transmission cabl

about 1 year ago
BP, JERA Forming ‘One of Largest Global Offshore Wind Developers’
Business & Finance

BP, JERA Forming ‘One of Largest Global Offshore Wind Developers’

BP and Japanese global renewable energy developer JERA have signed an agreement to combine their offshore wind businesses to establish a new standalone company. The two partners say the new company will become one of the largest global offshore wind developers, owners and operators with 13 GW in ope

about 1 year ago
Great Yarmouth East Anglia Two
Business & Finance

ScottishPower Renewables Picks Port for East Anglia Two Pre-Assembly

ScottishPower Renewables, Iberdrola’s UK arm, has selected Peel Ports Great Yarmouth as the staging ground for pre-assembly works for its 960 MW East Anglia Two offshore wind project. The companies have signed a reservation agreement that will see the Siemens Gamesa turbine components and sections c

about 1 year ago
Sarens Prumo Brazil
Business & Finance

Sarens Signs Its First Offshore Wind Agreement in Brazil

Prumo Logística, the Port of Açu, and Belgium’s Sarens have signed a Memorandum of Understanding (MoU) to study logistics solutions for moving offshore wind components in the port-industry complex in São João da Barra, in the north of Rio de Janeiro state, Brazil. The MoU was signed on 28 November,

about 1 year ago
Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Business & Finance

Offshore Wind and Marine Energy Projects Get USD 18 Million Boost from US

The US Department of Energy (DOE) has allocated over USD 18 million for 27 research and development (R&D) projects to advance marine energy and offshore wind technologies. According to the US DOE, these initiatives, which will be undertaken across 17 universities, including five minority-serving ins

about 1 year ago
Argeo-gets-govt-OK-for-multi-client-program-at-first-Utsira-Nord-offshore-wind-project
Business & Finance

Fred. Olsen Seawind-Hafslund Consortium Abandons Utsira Nord Auction Plans

A consortium comprising Fred. Olsen Seawind and Hafslund has decided not to participate in the Utsira Nord tender, which is planned to be launched in 2025. The partners, who did not provide an explanation for their decision, said they will still consider offshore wind on the Norwegian continental sh

about 1 year ago
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