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
Ingka Investments, the investment arm of Ingka Group, which owns retailer IKEA, has invested in Source Galileo’s portfolio of offshore wind projects in Ireland and the UK. Ingka Investments has secured a 20 per cent stake in the offshore wind project portfolio of Source Galileo. The London and Dubli
Volvo Cars and Eolus Vind have signed a letter of intent to collaborate on the Västvind offshore wind power project off the coast of Gothenburg, Sweden. The partnership is based on an ambition that the wind farm will supply electricity to Volvo Cars’ operations at Hisingen. The partnership involves
Norwegian ports investing in offshore wind can generate NOK 8.4 billion (about EUR 727 million) in annual value and employ approximately 6,400 people by 2030, according to a new report from Menon Economics. The study has identified 14 installation and assembly ports with plans to facilitate projects
Liechtenstein-based Sea Wind has entered into a strategic partnership with Triconti Windkraft Group for the development of two offshore wind projects in the Philippines. Sea Wind joins the consortium to fast-track the development of two offshore wind projects, namely Frontera, located outside Manila
Norwegian Offshore Wind has strengthened its collaborative efforts in the Polish market by signing two agreements (MoU) in Gdansk. The first memorandum of understanding (MoU) was signed between the Norwegian Offshore Wind and the Polish Offshore Wind Energy Society (PTMEW). According to Norwegian Of
Japan’s Marubeni has signed a memorandum of understanding (MoU) with the Department for Business and Trade of the UK Government on comprehensive cooperation in clean energy projects, including offshore wind and green hydrogen businesses in the UK. According to Marubeni, the MoU affirms the partnersh
UK-based Aventus Energy has partnered with Horizon Ocean Management (HOM) in support of Japan’s growing offshore wind sector. While HOM offers advisory, consultancy, and IMR services for the Japanese offshore wind sector, Aventus is said to bolster this partnership by providing a wide range of techn
Growing the UK’s supply chain for offshore wind represents a GBP 92 billion (approximately EUR 106 billion) opportunity to boost the UK’s economy by 2040, according to a report by the Offshore Wind Industry Council (OWIC) and the Offshore Wind Growth Partnership (OWGP). The report, titled “Supply Ch
This is a guest article by Anne Haase, Renewables Director at Aquaterra Energy. Europe is currently driving plans forward to significantly decarbonise industry and accelerate its journey to a low carbon economy. Hydrogen is core to that decarbonisation strategy, with infrastructure projects being d
The global floating offshore wind project pipeline has grown significantly in the last twelve months in terms of capacity from 185 a year ago to 244 GW now, which represents a 32 per cent increase, according to a new report published by RenewableUK. The pipeline includes projects at any stage: fully
The ORLEN Group has received the Minister of Infrastructure’s final decision awarding licences for five new offshore wind farm development sites in the Polish Baltic Sea. The decision marks the initiation of the project’s preparatory phase. The ORLEN Group’s forthcoming five offshore farms are plann
Japan-based Mitsui O.S.K. Lines (MOL) and EDF Renewables have signed a memorandum of understanding (MoU) to cooperate on offshore wind and green hydrogen business development. With this MoU, both partners agree to collaborate and bring together their respective and complementary knowledge and experi
Belgian transmission system operator (TSO) Elia has secured the environmental permit for the construction of Princess Elisabeth Island, the world’s first artificial energy island. A consortium comprising Belgian marine construction companies DEME and Jan De Nul has already started preparing the site
