Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies
Ørsted has 6.7 GW of offshore wind under construction in 2024 across several projects worldwide, more than ever before in the company’s history, according to a recent newsletter from the global offshore wind developer. The capacity the company has under construction this year is significantly contri
New York State Energy Research and Development Authority (NYSERDA) has selected Equinor’s Empire Wind 1 and Ørsted and Eversource’s Sunrise Wind projects in the state’s fourth offshore wind solicitation. Both projects secured agreements with the state earlier and re-bid in this procurement round to
The work on the vertical lay-up machine (VLM) for JDR’s new cable factory in the UK is now well underway in Klaipeda, Lithuania, where Norway-headquartered PASSER Group recently opened a new fabrication facility. The Group has revealed that, besides expanding its production capacity, it is also look
James Fisher and Sons and Tokyo Gas Engineering Solutions (TGES), owned by Tokyo Gas Group, have signed a collaboration agreement to jointly provide construction and operations and maintenance (O&M) services in Japan’s offshore wind market. Under the agreement, James Fisher and TGES will support the
Ørsted’s Group Executive Team will see Trond Westlie and Patrick Harnett joining on 1 April following Ørsted’s Board of Directors appointing Westlie as the next Group Chief Financial Officer (CFO) and member of the Executive Board, and Harnett as the Chief Operational Officer (COO) on 27 February. T
Wando Geumil Offshore Wind, the company developing the 600 MW Wando Geumil offshore wind farm in South Korea, whose majority shareholder is KOEN (Korea South-East Power Company), has awarded a contract for operations & maintenance (O&M) strategy consultancy services to Yooshin Engineering Corporatio
Iberdrola Deutschland and O2 Telefónica have signed a long-term power purchase agreement to supply renewable power from the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. Under the 15-year agreement, Iberdrola will supply 3,000 GWh of renewable energy to O2 Telefónica from the Balt
ScottishPower Renewables, Iberdrola’s company in the UK, is getting the East Anglia One North and East Anglia Two offshore wind projects ready for the upcoming auction round for Contracts for Difference (CfD). This is according to project updates Iberdrola published as part of its financial results
Moray East Offshore Wind Farm, a joint venture between Ocean Winds, Diamond Green Limited, and China Three Gorges, has concluded the transfer of its transmission assets to Transmission Capital Partners (TCP), a consortium comprising Transmission Investment, Amber Infrastructure, and INPP. The transm
Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has reached an agreement with Dominion Energy to acquire a 50 per cent interest in its 2.6 GW Coastal Virginia Offshore Wind (CVOW) project in the US through the formation of an offshore wind partnership. “Havi
Ørsted has signed a Memorandum of Understanding (MoU) with Incheon Metropolitan City, South Korea, to cooperate on developing a regional offshore wind sector. The aim of the agreement is to establish a local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon
Swedish floating wind developer Hexicon and Shell have signed an agreement under which Hexicon will acquire Shell’s 80 per cent stake in the MunmuBaram floating wind project. Once the transaction is closed, Hexicon, which currently holds the remaining 20 per cent stake, will fully own the South Kore
Eolus and Simply Blue Group have agreed to transfer the full ownership of the joint venture SeaSapphire to Eolus. The joint venture SeaSapphire, owned 50/50 by Eolus and Simply Blue Group, was established in 2022 to jointly develop offshore wind projects in the Nordics, based on floating technology.
