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Business & Finance

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GEG J-tube frames Moray West
Business & Finance

SOWEC Unveils Stage 2 SIM Projects

The Strategic Investment Model (SIM) Working Group of the Scottish Offshore Wind Energy Council (SOWEC) has selected three projects to move into Stage 2 of its programme. The Port of Cromarty Firth Expansion and the Port of Nigg Deepwater Quay Expansion projects will move into Stage 2 of the SIM pro

about 2 years ago
IWS Windwalker launched
Business & Finance

TenneT Charters IWS Newbuild CSOV

The Norwegian company Integrated Wind Solutions (IWS) has, through its subsidiary IWS Fleet AS, entered into a time charter contract for a commissioning service operations vessel (CSOV) at market terms with the Dutch transmission system operator (TSO) TenneT. The charter contract has a minimum durat

about 2 years ago
Sears Island
Business & Finance

Sears Island to House Maine’s Floating Offshore Wind Port

Maine Governor Janet Mills has revealed that the state has selected a section of state-owned Sears Island reserved for port development as its preferred site for a port facility to support the floating offshore wind industry. Based on technical and engineering analyses, and input from port and offsh

about 2 years ago
Offshore Wind Accounts for 45 Pct of NKT’s High-Voltage Order Backlog
Business & Finance

Offshore Wind Accounts for 45 Pct of NKT’s High-Voltage Order Backlog

Subsea power cable manufacturer NKT has reported a record-high order backlog for high-voltage cables for 2023, with 45 per cent of orders coming from offshore wind. At the end of last year, NKT’s order backlog was at EUR 10.8 billion, more than double the company saw at the end of 2022. In its full-

about 2 years ago
BayWa r.e. Joins ScotWind Floating Wind Consortium
Business & Finance

BayWa r.e. Has Plans for Over 9 GW of Floating Offshore Wind in Italy

BayWa r.e. AG has a development portfolio of over 9 GW in floating wind power projects in Italy, underlining its ambition to become an established player in the offshore wind industry, said the company. Integrated into a global offshore wind team, a dedicated offshore project development team has be

about 2 years ago
A photo of RWE's Kaskasi offshore wind farm
Business & Finance

RWE Inks Several New PPAs for 342 MW Kaskasi Offshore Wind Farm in Germany

RWE has signed six new Power Purchase Agreements (PPAs) with major German industrial customers for the supply of around 1,000 GW/h of green energy per year from its Kaskasi offshore wind farm, starting from 2026. PPAs have been signed between RWE Supply & Trading and DHL Group, Ensinger, Evonik, Inf

about 2 years ago
Seatrium to Build Third Offshore Wind Project in Netherlands for TenneT
Business & Finance

Seatrium to Build Third Offshore Wind Project in Netherlands for TenneT

A consortium led by Seatrium and GE Vernova will be constructing its third offshore wind project in the Netherlands for Dutch transmission system operator (TSO) TenneT, with the construction work commencing on 1 June 2024. In March 2023, Seatrium was awarded a five-year framework cooperation agreeme

about 2 years ago
Sif Group Skybox. Photo, Navingo.
Business & Finance

Equinor, Polenergia Finalise 100-Monopile Order with Sif

Netherlands-headquartered Sif Group has signed the final contracts with Polenergia and Equinor for the supply of 100 monopiles for the Bałtyk II and Bałtyk III offshore wind farms in the Polish Baltic Sea. Manufacturing of the monopiles is scheduled for the second quarter of 2025 with completion in

about 2 years ago
Merkur Offshore Wind Project Germany MCS OEG
Business & Finance

OEG Completes Acquisition of Dutch Marine Services Firm

OEG Energy Group (OEG) has completed the acquisition of Netherlands-based Marine Coordination Services (MCS), a specialist provider of marine coordination and offshore project services. MCS will join the OEG Renewables (“OEGR”) division, further expanding OEG’s marine coordination capabilities and o

about 2 years ago
Siemens Gamesa 236 DD
Business & Finance

Polenergia and Equinor Opt for Siemens Gamesa 14 MW Offshore Wind Turbines

Equinor and Polenergia have selected Siemens Gamesa as their wind turbine supplier for the Bałtyk II and Bałtyk III offshore wind farms located in the Polish Baltic Sea. The two energy companies have signed final contracts for the production, delivery and service of 100 SG 14-236 DD wind turbines. T

about 2 years ago
Fugro Settles in South Korea
Business & Finance

Fugro Settles in South Korea

Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy

about 2 years ago
Jumbo Awarded More Wind Work Offshore Taiwan
Business & Finance

Jumbo Awarded More Wind Work Offshore Taiwan

Jumbo Offshore has been awarded a contract by Yunneng Wind Power Company (YWPC) for the removal of monopiles at the 640 MW Yunlin offshore wind farm in Taiwan. The contract award represents an expansion of the company’s existing scope, which has involved transport and installation of the project’s t

about 2 years ago
Cyan Renewables Siemens Gamesa
Business & Finance

Vard to Build Hybrid SOV for Singaporean Company

Vard has signed a contract for the design and construction of a hybrid power service operation vessel (SOV) for Singapore-headquartered Cyan Renewables. The 85.5-metre-long vessel will be built, outfitted, commissioned, and delivered from Vard Vung Tau in Vietnam, with the delivery scheduled for the

about 2 years ago
Principle Power Aker Solutions Haewoori
Business & Finance

Aker Solutions, Principle Power Win FEED Deal for 1 GW South Korean Floater

Haewoori Offshore Wind 2 and 3, Copenhagen Infrastructure Partner’s (CIP) floating offshore wind projects in South Korea, have awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations. Haewoori 2 and 3 are planned to have a capacit

about 2 years ago
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