Cadeler has taken delivery of its first A-class vessel, Wind Ally, which will begin operations installing foundations at Ørsted’s Hornsea 3 offshore wind farm in the UK North Sea following mobilisation. The new vessel has been under construction for two years at the Cosco shipyard in Qidong, China.
Entrion Wind has signed a memorandum of understanding (MoU) with Global Maritime to advance its Fully Restrained Platform (FRP) monopile foundation technology through a planned demonstration project in the UK waters. Under the MoU, Global Maritime will provide transportation and installation (T&I) e
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
Ørsted has finalised contracts for vessels and helicopters that will support the construction of the 2.9 GW Hornsea 3 offshore wind farm in the UK. A newbuild service operation vessel (SOV), Esvagt James Blythe, currently under construction, is one of ten transportation vehicles that will work on th
The Export and Investment Fund of Denmark (EIFO) is providing a GBP 500 million (approximately EUR 576 million) finance guarantee to support the development of ScottishPower Renewables’ East Anglia Three offshore wind farm in the UK. EIFO was invited exclusively by Iberdrola to participate in the of
JERA and BP have completed the formation of JERA Nex bp, which holds a portfolio of operating assets and development projects with a net potential generating capacity of 13 GW. The new 50:50-owned joint venture is a global offshore wind developer, owner, and operator. The portfolio includes around 1
UK energy sector construction, maintenance & enhancement solutions player Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including the Port of Nigg, a multi-sector energy port and green freeport. In addition to the Port of
UK-headquartered Acteon, through its marine foundations business line, MENCK, has secured a contract to supply pile-driving equipment and operational services for the installation of the 2.9 GW Hornsea 3 offshore wind farm. Acteon will supply its MENCK MHU4400S hydraulic hammer, along with a pile sl
Subsea7 and Saipem have signed a binding merger agreement, kicking off the process of combining the two companies, which is expected to be completed in the second half of 2026 and result in a new offshore energy player named Saipem7. The companies revealed plans to merge in February this year, when
Cierco Energy and Marine Power Systems (MPS) have signed a Memorandum of Understanding (MoU), which is said to be the first step towards deploying MPS PelaFlex technology at one of the Llŷr demonstration project sites in the Celtic Sea. Cierco Energy was chosen to build the Llŷr 1 and Llŷr 2 floatin
Spanish renewable energy developer Iberdrola and UAE clean energy company Masdar have signed an agreement to co-invest in the 1.4 GW East Anglia Three project in the UK through what the partners say is the largest offshore wind transaction of the decade. Under the agreement, after the closing of the
The UK government and Japan’s Sumitomo Corporation have signed a memorandum of understanding, under which the company plans to invest GBP 7.5 billion (approximately EUR 8.7 billion) into infrastructure and renewable energy projects across the UK by 2035. The investment will be focused on key offshor
Denmark’s Cadeler has received a notice of termination from Ørsted in relation to the long-term agreement for one of its wind farm installation vessels. A long-term charter agreement for an A-Class wind farm installation vessel was disclosed by Ørsted on April 8, 2024, securing operational capacity
