South Korea has selected five offshore wind projects with a combined capacity of 1,786 MW in its first-half 2026 competitive auction for fixed-price contracts, following bids from nine projects totalling 3,656 MW. According to the Ministry of Climate, Energy and Environment (MCEE), the round achieve
Aker Solutions has secured what the company says is a substantial contract under which it will deliver an HVDC substructure for an undisclosed offshore wind project in Europe. The contract covers engineering, procurement and construction (EPC) work and will be booked as order intake in the second qu
Føn Energy Services Poland has signed a long-term, multi-million-euro agreement with the joint venture between Orlen Group and Northland Power to provide integrated operations and maintenance (O&M) services for the 1.2 GW Baltic Power offshore wind farm in the Polish Baltic Sea. Under the agreement,
DEME has completed the installation of the jacket foundations at the Dieppe-Le Tréport offshore wind farm in France, developed by Eoliennes en Mer Dieppe Le Tréport (EMDT), a joint venture between Ocean Winds, Sumitomo Corporation, and Banque des Territoires. The first of the 62 wind turbine foundat
The Norwegian Geotechnical Institute (NGI) and Japan’s OYO Corporation have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects, research and knowledge sharing, marking a step in NGI’s expansion into the Japanese offshore wind market. The agreement was signed on 3 Jun
Haizea Wind Group has started manufacturing monopiles for the Norfolk Vanguard West offshore wind farm in the UK, owned and developed by RWE. RWE secured a Contract for Difference (CfD) for the 1,380 MW Norfolk Vanguard West in Allocation Round 7 (AR7) in January, together with CfDs for the 1,380 MW
Norwegian Offshore Wind (NOW) and Humber Marine and Renewables (HMR) have signed a memorandum of understanding (MoU) aimed at strengthening cooperation between their members and supporting offshore wind and supply chain development across the North Sea. The agreement was signed on 16 June during the
The inter-array cable installation campaign at the Nordseecluster A offshore wind farm in Germany has been completed, with 48 cables laid, buried, terminated, and tested. “Cables rarely draw the attention that foundations, substations, or turbines do. Yet this package – laying, burial, termination,
Palfinger has delivered its PK 25.001 M offshore crane for Korea’s first locally built crew transfer vessel (CTV). The vessel, named KWINDS 1, was constructed by Eunsung Heavy Industries and is fitted with Palfinger’s foldable knuckle boom crane designed specifically for offshore environments and cr
Europe’s offshore wind sector supported around 180,000 full-time equivalent (FTE) jobs and generated approximately EUR 26 billion in gross value added (GVA) in 2025, according to an analysis by Menon Economics and TGS | 4C. The study found that around 55,000 jobs were supported directly through comp
