Finland’s Suomen Hyötytuuli will conduct a full demerger, transferring its wind farms to a new firm of the same name, while Tahkoluoto Offshore Oy will take ownership of the Tahkoluoto demonstration and extension project as part of efforts to strengthen offshore wind production. To prepare for a sig
Following a retrofit campaign, TDI-Brooks’ new research vessel has arrived on the US East Coast where it will perform offshore wind work. The RV Nautilus, formerly known as Nautical Geo, reached the shores of the East Coast on 3 March after undergoing a six-month retrofit in Las Palmas. The 75-metre
Denmark’s Copenhagen Infrastructure Partners (CIP) through its Growth Market Funds, has signed a Memorandum of Understanding (MoU) with Vietnam’s oil, gas, and renewable energy group, PetroVietnam to launch a collaboration on renewable energy and offshore wind. Under the MoU, the two companies will
Spanish renewable energy giant Iberdrola, which owns around 81.6 per cent of its US subsidiary Avangrid, has launched an offer to acquire the remaining 18.4 per cent in the Connecticut-headquartered company for USD 2.48 billion (EUR 2.28 billion). Iberdrola says it wants to increase exposure to the
The UK government has revealed the budget of over GBP 1 billion (approximately EUR 1.2 billion) for this year’s Contracts for Difference (CfD) Allocation Round 6 (AR6) with the majority of it, GBP 800 million (around EUR 936 million), earmarked for offshore wind. The Department for Energy Security a
EOLOS Floating LiDAR Solutions has been awarded three of the four lots in the Dutch government’s tender for wind and ocean site assessments at two new offshore wind areas. This is the largest single project award for EOLOS to date, according to the Spain-based company, which recently also secured a
Netherlands-based company BV Twentsche Kabelfabriek (TKF) has produced its first power cores in its new cable factory in Eemshaven. The company produced three power cores for the type test cable, which were provided with the welded aluminum screen and PE outer sheath. The investment in the new fact
Elia, through its subsidiary WindGrid, has acquired a 35.1 per cent stake in the US company energyRe Giga, a subsidiary of energyRe, the co-developer of the 2.4 GW Leading Light Wind offshore wind project in New Jersey. The transaction, which closed at the beginning of February, is worth USD 400 mil
Copenhagen Infrastructure Partners (CIP) has signed a preferred supply agreement with LS Cable for the supply of offshore and onshore cables to Feng Miao 1, the company’s third offshore wind project in Taiwan. Under the agreement, Korea-based LS Cable will supply offshore export cables, inter-array
COWI has been awarded a contract by Thistle Wind Partners (TWP), a partnership between DEME, Qair, and Aspiravi, to conduct pre-front-end engineering design (FEED) studies for the Ayre and Bowdun offshore wind farms in Scotland. Under the contract, COWI will carry out a Pre-FEED study for TWP’s Ayre
WindEurope and the Azerbaijan Renewable Energy Agency signed a Memorandum of Understanding (MoU) to advance the deployment of onshore and offshore wind energy in Azerbaijan and the wider Caspian Sea area. By signing the memorandum WindEurope and the Azerbaijan Renewable Energy Agency pledge to coop
The Nautical SUNRISE consortium partners have commenced the project whose goal is to facilitate research and development of offshore floating solar systems and its components. The project aims to integrate a 5 MW offshore floating solar system within RWE’s OranjeWind, a wind farm to be built 53 kilo
Abu Dhabi-based Masdar has completed its acquisition of a 49 per cent shareholding in the 3 GW Dogger Bank South (DBS) offshore wind project in the UK. RWE will lead the project’s development, construction, and operation with a 51 per cent stake over the entire term. Masdar and RWE signed an agreeme
Offshore ship-owning group Atlantic Oceanic (UK) has acquired an advanced DP2 multi-purpose supply vessel (MPSV) as part of its ongoing fleet growth programme. The vessel, named Atlantic Spirit and previously known as Tek-Ocean Spirit, is an 87-metre-long specialist MPSV equipped with a DP2 dynamic
