Haventus, the owner of the Ardersier Port in the Moray Firth, Scotland, has taken a final investment decision and kicked off construction work on redeveloping the port to serve both fixed-bottom and floating offshore wind projects. The revamped port is expected to open in the second half of 2025. Th
Iberdrola and Avangrid have signed an agreement under which the Spanish company will acquire the stake which it previously did not own in its US subsidiary for USD 2.55 billion (approximately EUR 2.35 billion). Iberdrola, which owns around 81.6 per cent of Avangrid, launched an offer to acquire the
Vestas has signed a conditional agreement for the supply of wind turbines for a large-scale offshore wind project in Europe. The company did not disclose the name of the client or the project. In an update on 17 May, the Danish wind turbine manufacturer said that the offshore wind project was locate
Hy2gen USA, the US subsidiary of global green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a Memorandum of Understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind. The MoU formalizes a collaboration between the two co
Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 me
Dutch manufacturer of offshore wind foundations, Sif, has revealed plans to build a monopile recycling factory as part of a goal to make monopiles fully circular. With the same aim, the company has also signed an addendum to its existing framework agreement with Dillinger to secure access to its low
Føn Energy Services has unveiled its plans to acquire Dutch offshore wind farm services company, C-Ventus, as part of a merger expected to bolster its offshore wind operations and maintenance (O&M) capabilities. Føn Energy Services will acquire 100 per cent of the shares in C-Ventus from current own
Ports from across Scotland have launched the Scottish Offshore Wind Ports Alliance (SOWPA) which aims to optimise the opportunities from offshore wind. The alliance comprises 13 ports, including Kishorn Port, the Port of Nigg, Ardersier Port, Port of Cromarty Firth, Port of Inverness, and Scrabster
Maryland Governor Wes Moore signed a new offshore wind bill on 9 May, under which the State will create a schedule for offshore wind solicitations until 2031 and revise previous solicitations. The latter will allow the State to re-allocate the support awarded to Ørsted’s Skipjack project, from whose
Cyan Renewables has signed a Memorandum of Understanding (MoU) with Seoul-headquartered Hyundai Asset Management to facilitate the strategic investment in South Korea’s offshore wind supply chain. Under the MoU, Cyan Renewables and Hyundai Asset Management seek to build vessel capacity and strengthe
Denmark’s Cadeler has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., special purpose companies owned by Polenergia and Equinor. According to Cadeler, the aggregate potential value of the vessel reservation agreements is expected to be between
UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to sup
EDP Renováveis, S.A. has revealed that Ocean Winds, its joint venture with Engie, has completed the sale of a 16.6 per cent stake in the 950 MW Moray East offshore wind farm to funds managed by Equitix Infrastructure Investment Management (Equitix). With this transaction, Moray East implies an estim
