The Formosa 2 consortium, consisting of Synera Renewable Energy (SRE) and JERA Nex BP, has reached financial close on what the project shareholders say is the first offshore wind refinancing in both Taiwan and the broader Asia-Pacific region. Supported by SMBC Group as the financial advisor, the con
Cadeler’s dedicated service platform, Nexra, has been awarded a new contract for an operations and maintenance (O&M) campaign in Taiwan. The scope covers two offshore wind farms in Taiwan and will be executed using Cadeler’s new wind turbine installation vessel (WTIV) Wind Maker, with the campaign s
Vestas, KEPCO Plant Service & Engineering (KPS) and KMC Line have signed a Memorandum of Understanding (MoU) to support Korea’s offshore wind sector, specifically, the operation and maintenance (O&M) segment of the market. According to Vestas, the MoU aims to accelerate the development of a skilled
Cadeler’s offshore wind service platform Nexra has secured a firm operations and maintenance (O&M) contract in Japan, with the work scheduled to begin this spring, Cadeler revealed on 20 March, leaving the client and the contract undisclosed. The campaign, expected to run for approximately one to tw
The County Administrative Board of Västra Götaland County has recommended that the Swedish government grant a permit for part of the Västvind (Westwind) offshore wind project, proposed to be built in the waters west of Gothenburg by Eolus. The authority assessed the section of the project situated w
Polish offshore wind tower manufacturer Baltic Towers has signed a cooperation agreement with Siemens Gamesa for the supply of the largest batch of wind turbine towers for the Baltica 2 offshore wind project in Poland, jointly developed by PGE Polska Grupa Energetyczna and Ørsted. Baltic Towers was
All 76 transition pieces (TPs) have been installed on the Baltic Power project, a 1.2 GW offshore wind farm being built in the Polish sector of the Baltic Sea. The work is being carried out by Van Oord, which is utilising the SAL heavy lift vessel MV Lone for transporting and installing transition p
Digital Catapult, in partnership with the Offshore Renewable Energy (ORE) Catapult and Ørsted, has selected two UK companies to develop artificial intelligence (AI)-driven solutions aimed at improving offshore wind operations and maintenance (O&M). The companies, AIM Group and Entopy, were chosen th
Japan’s Floating Offshore Wind Power Technology Research Association (FLOWRA) and Lloyd’s Register have entered into a collaboration agreement to explore joint work on floating offshore wind development. Under the agreement, structured as a Memorandum of Understanding (MoU), the two parties will exp
Marco Polo Marine has secured a 15-year charter contract in Taiwan for the provision of emergency towage and salvage services within Taiwan’s territorial waters and the surrounding offshore wind farm areas. The contract was awarded by the Marine Port Bureau to the company’s subsidiary, PKR Offshore,
Q Energy has acquired a stake in the capital of Pennavel, a project company established by a consortium composed of Elicio and BayWa r.e., which is developing a floating wind project in France. Q Energy, a subsidiary of the South Korean industrial group Hanwha, joins the existing shareholders in dev
Acadia, the first US-flagged, Jones Act-compliant subsea rock installation vessel (SRIV), owned by Texas-headquartered Great Lakes Dredge & Dock Corporation (GLDD), has begun its sea trials, with operations to start soon. GLDD ordered the vessel from Philly Shipyard, Inc. in 2021, with the first ste
