German logistics company DHL Group has signed a long-term power purchase agreement (PPA) with RWE Supply & Trading for electricity generated at the 342 MW Kaskasi offshore wind farm, located in the German North Sea. Under the ten-year agreement, DHL will be offtaking around 104 GWh of electricity pr
Ørsted has unveiled that it is pulling out of an offtake agreement with the State of Maryland for its 966 MW Skipjack Wind offshore wind project in the US. Following consultation with the State of Maryland, Ørsted has withdrawn from the Maryland Public Service Commission Orders approving the Skipjac
Community Offshore Wind, a joint venture of RWE and National Grid Ventures, has submitted a proposal to the New York State Energy Research and Development Authority (NYSERDA) to develop 1.3 GW of new offshore wind capacity in response to New York’s expedited fourth competitive offshore wind solicita
Equinor and BP have reached an agreement to restructure the ownership of their joint US offshore wind projects which, following completion, will result in BP taking ownership of Equinor’s 50 per cent stake in the Beacon Wind 1 and 2 projects and Equinor taking ownership of BP’s 50 per cent stake in
The Humboldt Bay Harbor, Recreation, and Conservation District will receive USD 426.7 million to build a terminal that will serve the construction and maintenance of floating offshore wind farms. The grant is for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project and was awarded by the
Cyan Renewables, a Singapore-headquartered offshore wind vessel owner established in 2022 by investment management company Seraya Partners, has acquired a majority stake in Sentinel Marine to strengthen its position in the UK offshore wind market and boost its local content. Cyan Renewables has acqu
Scotland’s First Minister Humza Yousaf has revealed that three offshore offshore wind projects have been invited to move to Stage 2 of the Strategic Investment Model (SIM) process. The announcement was made at the Scottish Renewables and Offshore Wind Conference in Glasgow. In addition, INTOG offsho
Ørsted has signed an agreement with Eversouce to acquire the company’s 50 per cent share of the 924 MW Sunrise Wind offshore wind farm, a project that would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York fourth solicitation for o
TotalEnergies and European Energy have entered into a partnership to develop offshore wind projects in Denmark, Finland and Sweden. The tie-up will see TotalEnergies acquiring stakes in European Energy’s two Danish offshore wind farms and the partners bidding jointly in the upcoming tenders in Denma
The US State of Massachusetts has extended the deadline for submitting bids in its ongoing offshore wind energy solicitation until 27 March. Connecticut and Rhode Island, Massachusetts’s partner states under an agreement signed last year that allows for the procurement of multi-state offshore wind p
After winning development rights for the Liivi 2 site, Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) have now also secured the second offshore wind area offered in Estonia’s first offshore wind tender, having placed the highest bid of EUR 1.16 million for the Liivi 1 site. The part
Inch Cape Offshore Wind Limited (ICOL) has signed capacity reservation agreements with Chinese manufacturers Dajin Offshore Heavy Industry (Dajin Offshore) and CNOOD-Wenchong Heavy Industries (CWHI) for XXL monopile foundations for the Inch Cape offshore wind farm. The agreements secure the supply,
US-based investment company, BlackRock, has agreed to buy compatriot independent infrastructure fund manager, Global Infrastructure Partners (GIP), in a USD 12.5 billion cash and shares deal. Under the deal, the world’s largest asset manager will take over GIP for USD 3 billion in cash and approxima
Australian Minister for the Environment and Water, Tanya Plibersek, has rejected the application for the Victorian Renewable Energy Terminal submitted by the Port of Hastings Corporation, which plans to establish the terminal at the Old Tyabb Reclamation Area (OTRA), located within an existing port
