Octopus Energy’s generation arm has launched a dedicated fund with Japan’s Tokyo Gas to invest GBP 3 billion (approximately EUR 3.5 billion) in offshore wind globally by 2030. The fund, set up with a GBP 190 million (about EUR 217 million) cornerstone investment from Tokyo Gas, will invest in the de
The Ventyr Energy consortium has submitted the application to prequalify for the development of an offshore wind project in the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy
The Meyer Group, which includes Neptun Werft in Warnemünde, Germany, is joining forces with the Belgian company Smulders to build offshore converter platforms at the Warnemünde site. The two companies will jointly form Neptun Smulders Offshore Renewables and Neptun Smulders Engineering, which will t
RWE and Hyundai Engineering & Construction (Hyundai E&C), a subsidiary of South Korea’s Hyundai Motor Group, have signed a memorandum of understanding (MoU) to cooperate in the field of offshore wind and green hydrogen. The partners said they will work together to jointly develop offshore wind proje
Deep Wind Offshore has joined forces with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. “The combination of offshore wind and hydrogen has got massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewa
Vattenfall and TKF have signed a multi-year partnership for the supply of inter-array cables for offshore wind farms in Europe. The agreement covers the supply of 66 kV inter-array cables and will apply to all fixed-bottom European offshore wind farms developed by Vattenfall in the coming years. The
A new partnership between the UK and German governments has been agreed on 3 November to help secure safe, affordable, and clean energy for consumers in both nations for the long-term and bolster energy security. Both countries commit to strengthening cooperation in renewables, notably offshore wind
Iberdrola has signed a strategic agreement with Abu Dhabi-based Masdar to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. According to the terms of the transaction, the valuation of 100 per cent of the project amounts to around EUR 1.6 billion. Following confirmatio
Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and Flotation Energy have signed exclusivity agreements for two floating offshore wind developments under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. Once completed, the Green Volt and Cenos flo
The Netherlands-based Huisman has signed a partnership agreement with ESD to expand its cable-lay product portfolio, with the aim of increasing its position in the offshore wind market. According to Huisman, the agreement will see the combination of ESD’s expertise in designing smart cable-lay solut
RES, GEV Wind Power, Outreach Offshore, and Rix Renewables have launched the Offshore Wind O&M Partnership (OWOP) to supply a complete package of long-term operations and maintenance (O&M) services to offshore wind asset owners. The Partnership aims to reduce the complexity and resource intensity as
Energinet has awarded Semco Maritime an eight-year framework agreement for the provisioning of technical consultants within the design, supervision, testing, commissioning, and maintenance of onshore and offshore technical facilities. The collaboration commences this month and solidifies Semco Marit
Windward Offshore; a joint venture consortium led by SeaRenergy Group in collaboration with Blue Star Group, Diana Shipping, and SeraVerse; has ordered two hybrid Commissioning Service Operation Vessels (CSOVs) from VARD to establish maritime asset services focusing on bolstering the offshore wind i
TotalEnergies has partnered with Corio Generation and Rise Light & Power (Rise), a New York-based electricity producer, for the joint development of the Attentive Energy offshore wind project off the coast of New York and New Jersey. Corio and Rise took respective stakes of 27.7 per cent and 16.3 pe
