UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combin
Japanese shipping major Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from compatriot classification society ClassNK for the basic design of specialized vessels for subsea power cable jointing and burial. MOL is working with Sumitomo Electric Industries, Furukawa Electric, and N
Ørsted has signed an agreement with Cathay Life Insurance, and its affiliate Cathay Power, under which Cathay will acquire a 55 per cent ownership stake of Ørsted’s 632 MW Greater Changhua 2 offshore wind farm. Located approximately 50–60 kilometres off the coast of Changhua County, the Greater Chan
A federal judge has struck down the US President Donald Trump’s indefinite halt of all federal approvals and permitting for new wind energy projects. In a ruling on 8 December, Judge Patti Saris of the US District Court for the District of Massachusetts ruled in favour of 17 US states and the Distri
The European Investment Bank (EIB) has approved a EUR 300 million financing package for Prysmian that will support the Italian cabling giant’s research and development (R&D) activities with the ultimate goal of accelerating energy security and digitalization in Europe. The financing will support Pry
Taiwan-based Dong Fang Offshore (DFO) has signed a shipbuilding contract with Norwegian shipyard Westcon for the delivery of a subsea and cable laying vessel (CLV), a move said to come due to the need for installation capacity in Taiwan, as another DFO vessel will be working in Europe until the end
UK-based Enshore Subsea has secured three initial projects for offshore grid systems in Germany under a six-year framework agreement with French cable systems designer and manufacturer Nexans. Enshore Subsea is responsible for installing the Wadden Sea sections of the submarine cable system for the
A joint venture (JV) between Danish power cable manufacturer and installation firm NKT and Taiwanese cable company Walsin Lihwa has inaugurated Taiwan’s first offshore power cable factory. Operated by the JV Walsin Energy Cable System (WECS), the factory was inaugurated on Saturday, 6 December, in K
China’s Mingyang Smart Energy has signed a Memorandum of Understanding (MoU) with BuhaWind Energy Northern Luzon Corporation (BENLC) for a joint feasibility study on BENLC’s planned 2 GW offshore wind project in the Philippines. Under the MoU, the two companies will jointly explore the suitability o
The China Merchants Heavy Industry shipyard has begun the construction of a DP 2 cable-laying vessel (CLV) ordered by Greece’s Asso.subsea for the offshore wind market. The steel-cutting ceremony for Althea was held today, 5 November, at the CMHI shipyard on Mazhou Island, Shenzhen, China. “The firs
Japan’s Kansai Electric Power (KEPCO) has signed a Share Subscription Agreement with Ireland-headquartered Simply Blue Group’s offshore wind development arm, Simply Blue Energy OSW (SBE OSW). This marks KEPCO’s first investment involving management participation in an offshore wind developer. SBE OS
The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and Nippon Kaiji Kyokai (ClassNK) have signed a Memorandum of Understanding (MoU) to explore technology development cooperation in the field of floating offshore wind. FLOWRA is a technical research association that w
UK-headquartered Acteon and Taiwan-based marine solutions provider Wynnergy Marine have signed a strategic Memorandum of Understanding (MoU) to jointly deliver renewable energy projects across the region. The partnership supports offshore wind growth in Taiwan by providing integrated solutions that
U-Ming Marine Offshore, a subsidiary of the Far Eastern Group (FEG), and Purus have formed a joint venture, named UPO, aimed at expanding offshore wind operations in Taiwan and the region. “UPO is more than just a partnership; it’s a commitment to shaping the future of clean energy in the Asia-Pacif
