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Business & Finance

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RWE Port of Karlshamn
Business & Finance

RWE, Swedish Port Join Forces to Explore Baltic Sea Offshore Wind Hub Potential

Global offshore player RWE and the Swedish Port of Karlshamn have signed a Memorandum of Understanding to explore the potential for Baltic Sea offshore wind hubs. The goal of the collaboration is to explore whether the Karlshamn Port could be a suitable harbour for the logistics, installation, opera

about 2 years ago
Chemical Major to Run on Offshore Wind in Belgium
Business & Finance

Japan’s Chubu Completes Ecowende Buy-In

The Japanese company, Chubu Electric Power, has completed the acquisition of 30 per cent of equity shares of Ecowende, a joint venture between Eneco and Shell that is developing a large-scale offshore wind farm at the Hollandse Kust West Site VI in the Netherlands. This follows the agreement Chubu s

about 2 years ago
Greater Changhua 1 and 2a
Business & Finance

Ørsted Selects ABL for Greater Changhua 2b & 4 MWS Services

Ørsted has appointed energy and marine consultancy, ABL, to provide marine warranty survey services (MWS) for the offshore transportation and installation (T&I) of wind turbines and cables package for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. ABL’s scope of work includes re

about 2 years ago
RWE Hitachi Aibel
Business & Finance

RWE Awards HVDC Contracts to Hitachi and Aibel

German energy company RWE has signed framework agreements with Hitachi Energy and Aibel for the joint supply of three high-voltage direct current (HVDC) systems for the company’s offshore wind farms. The agreements are long-term as the secured HVDC systems are designated for offshore wind projects f

about 2 years ago
Siemens Gamesa Commissions Motion Comfort Monitoring Tool
Business & Finance

Siemens Gamesa Restructuring, Offshore Business Area Goal to Ramp Up Production Capacity

Siemens Gamesa has initiated comprehensive measures for the operational restructuring of the company with the aim of achieving break-even by 2026 and then returning to profitable growth. As part of the long-term strategic development plan, the company will streamline its onshore business and focus o

about 2 years ago
Floating Wind Project in California’s State Waters Lays Foundation for Power Purchase Agreement
Business & Finance

Floating Wind Project in California’s State Waters Lays Foundation for Power Purchase Agreement

CADEMO Corporation, established by Floventis Energy, and California Community Power (CC Power) have entered a Memorandum of Understanding (MOU) to advance the 60 MW CADEMO floating wind project off the California coast. The collaborative engagement under the MOU could ultimately lead to the two part

about 2 years ago
East Anglia ONE
Business & Finance

Macquarie to Sell Stake in 714 MW East Anglia One

Macquarie Asset Management has reached an agreement to divest a 10 per cent stake in the 714 MW East Anglia One offshore wind farm to NTR, on behalf of the L&G NTR Clean Power (Europe) Fund and the Development Bank of Japan. Following this transaction, Macquarie Asset Management will retain a 10 per

about 2 years ago
Metocean Survey Starts Offshore Ireland
Business & Finance

Ireland Charts Course for 37 GW Offshore Wind Development

Irish Minister for the Environment, Climate and Communications, Eamon Ryan, has launched the Future Framework for Offshore Renewable Energy, which provides a roadmap for Ireland to deliver 37 GW of offshore wind by 2050. The framework sets out the pathway Ireland will take to deliver 20 GW of offsho

about 2 years ago
Masdar Bapco Energies
Business & Finance

Masdar, Bapco Energies Eye 2 GW of Wind Projects Offshore Bahrain

UAE-based Masdar has signed an agreement with Bahrain’s Bapco Energies to explore the development and investment in wind projects in Bahrain with a potential of 2 GW capacity. Marking a strategic entry into the Bahrain market for the UAE’s clean energy company, the agreement for near-shore and offsh

about 2 years ago
Akrocean Wins French Offshore Wind Data Collection Gig
Business & Finance

Akrocean Wins French Offshore Wind Data Collection Gig

Operating for the Directorate General for Energy and Climate (DGEC), Météo-France has selected Akrocean to collect offshore wind, wave, and current data for potential offshore wind farm sites in France. The framework contract won by Akrocean includes several measurement campaigns that will be conduc

about 2 years ago
Balmoral Hornsea 3
Business & Finance

Ørsted Selects Balmoral to Shield Hornsea 3 Cables

Balmoral Comtec, a Balmoral Group company, has been awarded a multi-billion-pound contract for the supply of cable protection systems for Ørsted’s Hornsea 3 offshore wind farm in the UK. The scope of work includes design engineering which will take place at Balmoral Comtec’s Aberdeen facility, suppl

about 2 years ago
Seaonics Windward Offshore
Business & Finance

Norwegian Company Secures Crane Deal with Windward Offshore

Norway-based Seaonics has been chosen to deliver 3D Electric Controlled Motion Compensated (ECMC) cranes to the German shipowner Windward Offshore. The cranes are set for installation of Windward Offshore’s two commissioning service operation vessels (CSOVs). The 87.5-metre vessels will be delivered

about 2 years ago
OWGP Launches GBP 1 Million Offshore Wind Innovation Grant for UK Companies
Business & Finance

OWGP Launches GBP 1 Million Offshore Wind Innovation Grant for UK Companies

The Offshore Wind Growth Partnership (OWGP) has launched a GBP 1 million Innovation Grant funding competition aimed at boosting the local offshore wind supply chain. Innovation Grants between GBP 25,000 and GBP 200,000 are available for projects that focus on future cables, electrical systems, next-

about 2 years ago
Ocergy Octopus Energy
Business & Finance

Octopus Energy Invests in Floating Offshore Wind Tech Company

Octopus Energy’s generation arm has invested in US-headquartered Ocergy to boost the development of floating offshore wind farms globally. According to Octopus, Ocergy has an innovative approach to designing and manufacturing floating foundations, reducing the time and cost of building them. Ocergy

about 2 years ago
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