Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and Energia Renewables have formed a partnership to develop offshore wind projects in Ireland, with the potential to deliver up to 1.8 GW of new capacity by 2030. The partnership said that it will initially focus on Ireland’s south a
Technip Energies has signed a Memorandum of Understanding (MoU) with the yard infrastructure provider, Young Chang, and heavy lifting solutions provider, Sarens, to collaborate on floating offshore wind projects offshore South Korea. Carl Sarens, Managing Director of Sarens Projects, said: ”We are l
Fugro has reported a revenue of over EUR 1 billion for the first half of 2023, representing a 24.1 per cent growth from EUR 833 million in the first half of 2022, said to be due to continued high client demand in energy markets, in particular for offshore wind site characterization solutions and rel
Nexans is investing in a new third-generation cable-laying vessel in order to, as the company says, support a record project backlog and meet future needs of offshore wind and interconnector projects. According to Nexans, building upon the cutting-edge technology featured on the flagship vessel Nexa
Offshore Wind Consultants (OWC) has been awarded a global master services agreement (MSA) by Equinor to provide owner’s engineering, technical, and advisory services to support the development of Equinor’s offshore wind and low to zero carbon solutions. The MSA is valid for a period of five years, w
Corio Generation has signed cooperation agreements with local companies, based in Busan, for the development of offshore wind projects in South Korea. Corio announced it had signed a Memorandum of Understanding (MoU) with GS Entec on 19 July and with Chokwang-Jotun on 20 July, respectively, for its
Abu Dhabi-based Masdar has signed a strategic partnership with Iberdrola to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. According to the terms of the deal, the Baltic Eagle wind farm is valued at approximately EUR 1.6 billion. Under the agreement, Iberdrola will
Vattenfall has stopped the development of the Norfolk Boreas offshore wind power project in the UK and will review the way forward for the entire 4.2 GW Norfolk Zone, the Swedish energy company revealed in its interim report. The developer said that the decision to stop the project was made due to ”
The Offshore Wind Consultants (OWC) has entered into a partnership with Portugal-based WavEC to jointly offer services to the Portuguese offshore wind market. The partners said that this collaboration pools OWC’s global capabilities and track record in more than 50 floating wind projects with WavEC’
UK-based Jee Limited (Jee) and the Dutch consultancy IX Renewables have agreed to join forces on the development of a series of offshore wind projects, including floating wind farms. IX Renewables will set up and manage the developments while Jee will provide engineering services throughout the life
Equinor and RWE are to continue their collaboration on the development of a bottom-fixed offshore wind farm in the Sørlige Nordsjø 2 zone offshore Norway after Hydro Rein decided not to participate in this competition round. Hydro Rein has justified its decision by saying that it will be setting oth
Semco Maritime is expecting the first floating offshore substation to happen by 2030, however, there are still some challenges to overcome before this becomes a reality, according to Jacob Øbo Sørensen, Senior Vice President for Renewables at the Danish company. Semco Maritime, together with ISC Con
France’s BW Ideol and its compatriot ADEME Investissement have entered into a final agreement for a funding injection to set up a new floating offshore wind company. Under the contract, BW Ideol will transfer its co-development project portfolio to BW Ideol Projects Company with ADEME investing an i
US-headquartered Amogy and Southwind have signed a Memorandum of Understanding (MoU) to explore joint opportunities in the offshore wind market. According to Amogy, under the terms of their MoU, the two parties will establish a foundation for future collaboration and will explore joint opportunities
