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
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
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
Norway’s Odfjell Oceanwind and its compatriot Prodtex have set up a joint venture, named Windsteel Technologies, to establish the production capacity necessary to meet the need for hundreds of floating wind foundations per year in Europe. The joint venture is planning to have its first facility oper
Written by: Diego Morbini – Faccin Wind Tower Division Manager ”With only the first Faccin rolling line we were able to witness their excellent capabilities in meeting our challenges, this is why it was an easy choice to have FACCIN as our trusted partner once again,” CS WIND PT said. ”With the succ
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
A business and academic consortium has kicked off collaboration on the future of floating offshore wind. The TAILWIND project, launched in January 2024, will deliver advanced station-keeping technologies, designed to maintain the position of floating offshore wind farms, according to NKT, which rece
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
The Connecticut Wind Collaborative has been launched with the formation of an initial board of directors. The collaborative is part of the state’s offshore strategic roadmap, announced last October, which calls for the new nonprofit to work collaboratively with various parties and stakeholders to ad
Norway-headquartered Deep Wind Offshore has entered into a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind. EU has set a target of 200 million tonnes of hydrogen produced from renewable energy by 2030. The European Commission launched an action plan that could
Plenitude, a Benefit Corporation company of the Italian oil and gas major Eni, has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of wind projects offshore Spain. The agreement with Plenitude bolsters the join
The Dutch offshore wind foundation manufacturer, Sif, and its compatriot Ballast Nedam have signed a memorandum of understanding (MoU) as part of the process of developing a joint venture that specialises in the decommissioning of obsolete and aged offshore wind farms. Named BNS Decom, the joint ven
Eversource Energy expects to record an impairment charge of between USD 1.4 billion and USD 1.6 billion related to three offshore wind projects in the United States the company owns in partnership with Ørsted. The New England utility is currently in the process of divesting its 50 per cent ownership
Northland Power has closed the transaction with Gentari International Renewables through which Gentari acquired 49 per cent of Northland’s ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest in the overall project and will continu
