According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estimated total investment of USD 20 billion (approximately EUR 18.6 billion). According to the report, over 120 substations will be installed bet
Brazilian state-run oil company, Petrobras, has signed a Protocol of Intentions with the Rio de Janeiro state government to conduct joint studies to assess the feasibility of implementing an offshore wind pilot project. According to Petrobras, the agreement establishes cooperation mechanisms, aligns
UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developments. London-headquartered 2H provides structural, hydrodynamic, geotechnical engineering and related digital and integrity services for fixe
The Netherlands’ Pondera Consult and ENMARO (Energy Market Observer sp. z o.o.) have signed an agreement to jointly source, define, and target potential offshore wind project opportunities in Poland, leveraging their combined products and services as a consortium. The agreement was signed in Świnouj
South Korean Taihan Cable & Solution has opened the first phase of its submarine cable plant that will supply the offshore wind industry. The submarine cable plant, covering around 44,800 square metres behind Godae Pier at Pyeongtaek’s Dangjin Port, is being constructed in two phases. The first phas
OEG Renewables and Sojitz Machinery Corporation (SOMAC) have signed a Memorandum of Understanding (MoU) to offer renewable service solutions to the growing offshore wind market in Japan. Under the MoU, the companies will provide pre-construction, operations and maintenance (O&M), and vessel services
RWE and Smålandshamnar AB, which operates the Swedish Port of Oskarshamn, have signed a Memorandum of Understanding (MoU) to explore the port’s potential to become a Baltic Sea offshore wind hub. The aim of the collaboration is to explore whether the port could be a suitable harbour for the logistic
Deep Wind Offshore and the Swedish electric power distribution company, Ellevio, have entered into a long-term partnership to connect offshore wind power to the grid. The collaboration aims to explore new models for onshore and offshore grids, and new solutions that can accelerate climate adaptation
Cyan Renewables, a portfolio company of Seraya Partners, has signed a Memorandum of Understanding (MoU) with DRS KWP to support the offshore wind industry in South Korea. South Korea’s DRS KWP, a subsidiary established by the Dae-Ryuk Shipping (DRS) Group, is currently serving as a provider of crew
Cyan Renewables, a portfolio company of Seraya Partners, and Ocean Infinity have teamed up to provide geophysical and geotechnical services for offshore wind projects in the Asia-Pacific region. The companies have formalized their partnership through the signing of a Memorandum of Understanding (MoU
A letter of intent has been signed between the City of Szczecin and Windar Polska, strengthening the company’s cooperation for the construction of its new facility in Poland. “The signing of the letter is another important step for the economic development of Szczecin. We want to be actively involve
Corio Generation and Bord Gáis Energy have joined forces to explore offshore wind opportunities in Ireland. The agreement represents Bord Gáis Energy’s entry into the offshore wind market while Corio Generation is already involved in the sector and is currently developing the 450 MW Sceirde Rocks wi
Venterra Group company, Gavin & Doherty Geosolutions (GDG), and India’s ABAN Power have entered into a strategic partnership aimed at accelerating the development and implementation of offshore wind projects, marine and offshore structures, and related initiatives in India and the Asia-Pacific regio
Hy2gen USA, the US subsidiary of global green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a Memorandum of Understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind. The MoU formalizes a collaboration between the two co
