Equitix has decided to invest in the 330 MW Gode offshore wind farm in Germany by acquiring a stake in the project from the Renewables Infrastructure Group (TRIG). TRIG announced on 1 August the sale of a 15.2 per cent equity interest in the project for a consideration of EUR 100 million to funds ma
The European Investment Bank (EIB) has initiated a EUR 5 billion programme to support the wind energy sector, starting with a EUR 500 million counter-guarantee to Deutsche Bank. The transaction is said to enable Deutsche Bank to set up a portfolio of up to EUR 1 billion of banking guarantees for new
Several universities from Australia have teamed up to launch the Australian Centre for Offshore Wind Energy (ACOWE), aimed at tackling key challenges in the country’s offshore wind sector. The Centre involves collaboration between the University of Melbourne, Deakin University, Federation University
New technologies have the ability to massively close the huge skills gap and shortage of workers that is looming over the offshore wind industry, allowing 10 to 17 times more work to be done by one person, according to Brian Allen, CEO of Rovco, a UK company focused on automating offshore wind servi
MOL Drybulk, part of Mitsui O.S.K. Lines (MOL) has signed a contract with China’s Taizhou Sanfu Ship Engineering for the construction of a module carrier that the company says is Japan’s first coastal module carrier to transport components for offshore wind turbine foundations. The vessel is schedul
UK-headquartered Intertek has been re-appointed by the Dutch-German transmission system operator (TSO), TenneT, to provide long-term client representation services in support of North Sea offshore wind grid connections. Intertek Metoc has been selected for the full framework contract scope that incl
Twin Brothers Marine (TBM), a provider of heavy steel fabrication for the oil and gas, infrastructure, and renewable energy industries, has joined a major infrastructure development project to support multiple renewable energy initiatives, including offshore wind, along the Northeast Coast in the US
The US Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) has launched the Offshore Wind National and Regional Research and Development Funding Opportunity, allocating USD 48.6 million to projects designed to address several key needs in offshore wind development. The areas includ
The breakage of the blade on one of GE Vernova’s Haliade-X wind turbines at the Vineyard Wind 1 offshore wind farm in the US was caused by a manufacturing deviation, the company’s CEO Scott Strazik revealed during an earnings call on 24 July. Strazik also pointed out that a blade event that happened
The US Port San Luis Harbor District has entered into a project evaluation agreement with Clean Energy Terminals (CET), a developer of offshore wind port facilities across the US, to jointly evaluate the feasibility of an offshore wind operations and maintenance (O&M) port facility in California’s S
RWE and TotalEnergies have entered into an agreement under which TotalEnergies will acquire a 50 per cent stake in RWE’s OranjeWind offshore wind farm in the Netherlands. TotalEnergies said it would use its share of the electricity from the 795 MW OranjeWind to produce green hydrogen. The new partne
Ocean Winds and Martifer Renewables & Energy have formed a strategic partnership to jointly participate in Portugal’s first tender for offshore wind farms, set to take place this year. As the industry anticipates the final criteria for the tender, Ocean Winds, a joint venture between EDP Renewables
Norway’s Vard has signed a contract with its compatriot Rem Offshore to design and construct another commissioning service operation vessel (CSOV). The VARD 4 19 design CSOV, developed by Vard Design in Ålesund, will be the third vessel Vard delivers to Rem Offshore. The first two, REM Power and REM
