Siemens Gamesa minority shareholders have approved a capital reduction for the remaining 2.21 per cent of shares not held by Siemens Energy in the Extraordinary General Meeting of Shareholders, paving the way for a full integration of both companies. The capital reduction was approved by 98.21 per c
The Crown Estate and the Offshore Wind Industry Council (OWIC) have launched a GBP 3.5 million research project to test the effectiveness of strategic environmental compensation measures around offshore wind developments. Led by OWIC, the study aims to improve the shared understanding of environment
Ørsted and Vestas have entered into a partnership that will see Ørsted using low-carbon steel towers and blades made from materials obtained through the newly developed recycling process in all of its future offshore wind farms which will feature Vestas wind turbines. When ready for commercial manuf
Denmark has approved a new Marine Plan which will abolish the open door offshore wind auction scheme and terminate 24 out of the 33 offshore wind projects proposed under the scheme. Under the new Marine Plan, Denmark plans to increase the sea area reserved for the development of renewable energy pro
A new report from Invest in Pomerania, a Polish investment promotion initiative in the Pomerania region, has been published with a focus on the region’s maritime sector and, within it, the region’s growing offshore wind industry and supply chain capabilities have taken centre stage. “When we decided
SouthCoast Wind, the developer of an offshore wind lease area off the coast of Massachusetts, has started discussions with this US state’s representatives and utilities to terminate its existing Power Purchase Agreements (PPAs) citing ”material and unforeseen supply chain and financing cost increase
Norwegian Offshore Wind teams up with the Polish cluster of Composite Technologies to strengthen the cooperation between Poland and Norway in offshore wind. Together with Rosenberg Worley, the University of Stavanger, and Fundacja Partnerstwa Technologicznego, a research institute, the clusters have
Corio Generation is partnering with the Portuguese renewable energy developer, Hyperion Renewables, to explore opportunities to build offshore wind projects off the coast of Portugal. The two companies have signed a Memorandum of Understanding (MoU) to work together in preparing applications for off
Offshore wind and hydrogen developers and organisations in Germany have called on the federal government to set clear targets for offshore hydrogen in the update of the country’s National Hydrogen Strategy, with an additional 10 GW of offshore electrolysis capacity to be added by 2035. On 26 May, se
Ørsted and Eversource have marked the sail away of the first American-built offshore wind substation, which departed a Texas fabrication facility and is en route to the US East Coast. The substation is transiting across the Gulf of Mexico and then up the East Coast for installation at the South Fork
Great news! Tickets for Offshore Energy Exhibition & Conference 2023 (OEEC) are now available for purchase! OEEC takes place on 28 & 29 November 2023 in RAI Amsterdam. Benefit from the Early Bird price and buy your ticket here to get a 25 % discount by using the code EARLYBIRD2023. OEEC is a premier
Equinor will postpone a further development of the Trollvind offshore wind initiative off Norway indefinitely. The company said the decision was based on several challenges facing the project, including technology availability, rising costs, and a strained timetable to deliver on the original concep
Sharing infrastructure, services and supply chain between wind and wave energy projects can reduce the levelised cost of energy (LCOE) for wind by up to 7% and by up to 40% for wave energy, while the combined LCOE of a shared project can be up to 12% lower than in separate developments, according to
Ireland’s Minister for Enterprise, Trade and Employment, Simon Coveney, has announced plans to develop a National Industrial Strategy for Offshore Wind which will set out how Ireland can maximise the economic opportunity arising from the production of offshore wind energy. Ireland’s Offshore Energy
