The UK government has set a total budget of GBP 1.08 billion (approximately EUR 1.24 billion) for offshore wind and floating wind in the Contracts for Difference (CfD) Allocation Round 7 (AR7) renewables auction. A total of GBP 900 million has been set for fixed-bottom projects in Pot 3, with delive
The two developers that the Crown Estate selected this year to build floating offshore wind farms in the Celtic Sea, Equinor and a joint venture between EDF and ESB, have now entered into lease agreements for their floating wind projects with the UK seabed manager. Equinor and the EDF-ESB joint vent
Subsea7 and Saipem have signed a binding merger agreement, kicking off the process of combining the two companies, which is expected to be completed in the second half of 2026 and result in a new offshore energy player named Saipem7. The companies revealed plans to merge in February this year, when
A new project has been launched in the UK to improve the effectiveness of mooring lines and dynamic cables on floating offshore wind farms. Historically, mooring repair costs for oil production assets have exceeded GBP 400 million (approximately EUR 461 million) for a single incident, while cable fa
Cierco Energy and Marine Power Systems (MPS) have signed a Memorandum of Understanding (MoU), which is said to be the first step towards deploying MPS PelaFlex technology at one of the Llŷr demonstration project sites in the Celtic Sea. Cierco Energy was chosen to build the Llŷr 1 and Llŷr 2 floatin
The UK government has opened a window for registrations for the Allocation Round 7 (AR7) of the country’s Contracts for Difference (CfD) scheme, ahead of the call for applications which is expected to be launched next month. The registration period is currently scheduled to close on 27 August, accor
The Trump administration has warned the UK government about security risks as Mingyang Smart Energy plans to build a factory in Scotland to manufacture wind turbines for North Sea offshore wind farms, according to a report by the Financial Times, citing a US official. A Chinese analyst has commented
The Crown Estate has selected Equinor and Gwynt Glas, a joint venture between EDF Renewables UK and ESB, as preferred bidders in the seabed leasing round for floating wind projects in the Celtic Sea. Selected on 12 June, each of the two developers was awarded 1.5 GW of capacity in their respective p
NorthConnect has been acquired by the developers of the Cenos Offshore Windfarm, a 1.4 GW floating wind project in Scotland led by Flotation Energy and Vårgrønn. In a recent social media post, Vårgrønn said that the acquisition of NorthConnect marks a key milestone in the development of the floating
Renewable energy consultancy OWC and Empire Engineering have been selected to provide owner’s engineering services for the 1 GW Ayre and 1 GW Bowdun offshore wind farms in Scotland. The companies will support Thistle Wind Partners (TWP), a consortium of DEME, Qair, and Aspiravi, from concept selecti
The UK government has published an indicative timeline for the Contract for Difference (CfD) Allocation Round 7 (AR7), stating that it expects to open the auction in August and announce the results between late 2025 and early 2026. The timeline for offshore wind projects is now separate from that fo
A consortium led by UK company Morek Engineering has unveiled a design concept for a new class of low-carbon installation vessel for the floating wind market, after the concept completed the first feasibility stage. The consortium, which gathers Morek Engineering, naval architects Solis Marine Engin
UK-based Offshore Solutions Group (OSG) has signed a two-year Exclusivity Agreement with Crown Estate Scotland for areas in the Moray Firth to develop its FLOW-Park. The Moray FLOW-Park aims to provide temporary safe anchorage (wet storage) for floating offshore wind foundations, optimising risk man
