The Trump administration has warned the UK government about security risks as Mingyang Smart Energy plans to build a factory in Scotland to manufacture wind turbines for North Sea offshore wind farms, according to a report by the Financial Times, citing a US official. A Chinese analyst has commented
The Crown Estate is setting up a new Supply Chain Investment Programme worth GBP 350 million (approximately EUR 410 million) to invest in the construction of new port and supply chain infrastructure that will support accelerated delivery of UK offshore wind projects, the UK seabed manager said on 17
NorthConnect has been acquired by the developers of the Cenos Offshore Windfarm, a 1.4 GW floating wind project in Scotland led by Flotation Energy and Vårgrønn. In a recent social media post, Vårgrønn said that the acquisition of NorthConnect marks a key milestone in the development of the floating
Europe’s aim of achieving 300-400 GW of offshore wind by 2050 means more than 10,000 wind turbines need to be installed at sea, as well as other necessary infrastructure—and this is likely to be out of reach unless the offshore energy construction industry is at the forefront of government plans, ac
The UK’s NR Marine Services has commissioned its compatriot Chartwell Marine to design a new crew transfer vessel (CTV), which will be capable of supporting older generation assets, now referred to as legacy turbines. The CTVs will be built and outfitted with modern technology to maximise vessel fue
British Parliament has passed legislation for the new publicly owned energy company, Great British Energy (GB Energy), which will invest in clean power projects across the UK as part of the government’s Plan for Change. GB Energy will make available GBP 8.3 billion (approximately EUR 9.9 billion) in
RWE plans to sell a stake in its 1.4 GW Sofia offshore wind farm next year, which is currently under construction in the UK. In a press conference call speech published on 15 May, Michael Müller, CFO of RWE AG, said that the company intends to sell stakes in the Sofia offshore wind project next [&he
Ørsted has discontinued the development of the UK’s Hornsea 4 offshore wind farm in its current form. The developer said the 2.4 GW project has faced rising supply chain costs, higher interest rates, and increased construction and delivery risks since the Contract for Difference (CfD) award in Alloc
Ørsted has divested a 24.5 per cent stake in the 389 MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. The value of the transaction is GBP 456.1 million (approximately EUR 534 million) on a debt-free basis. The transaction closed on 30 April 2025. Ørsted will retain
The UK government has announced GBP 300 million (approximately EUR 350 million) of funding through the country’s publicly owned clean energy company, Great British Energy, to invest in domestic offshore wind supply chains. The funding, which was brought forward by the UK Prime Minister Keir Starmer
The UK’s energy regulator Ofgem has opened an investigation into whether Moray Offshore Windfarm (East) Ltd was charging excessive prices for reducing power output on the request of the National Energy System Operator (NESO) as part of the grid-balancing mechanism. The Moray East offshore wind farm,
ScottishPower Renewables, part of Iberdrola, has awarded an engineering, procurement, construction, installation, and commissioning (EPCIC) contract to the Dutch company HSM Offshore Energy for the offshore substation and jacket foundation for the East Anglia Two offshore wind farm in the UK. HSM Of
Octopus Energy has acquired a 10 per cent stake in the 714 MW East Anglia One offshore wind farm in the UK, which was fully commissioned in 2020. Octopus acquired this latest wind farm stake from Macquarie Asset Management on behalf of Vector, Octopus’ offshore wind fund, which invests in fixed and
DeepOcean has been awarded framework agreements by Vattenfall for the provision of subsea cable operations and maintenance (O&M) services, now valid for Vattenfall’s operational European offshore wind portfolio. The framework agreements are valid for a period of four years and apply to Vattenfall’s
