California-based floating wind technology developer, Aikido Technologies, has secured USD 4 million (approximately EUR 3.7 million) in seed funding to advance its platform technology and establish pilot projects. The financing was led by Azolla Ventures with participation from Propeller Ventures, Sa
Ocean Winds (OW) has signed a Memorandum of Understanding (MoU) with Monash University to work together on establishing a sustainable supply chain for Australia’s offshore wind sector and to explore methods for conserving the nation’s biodiversity. As Ocean Winds expands to Australia with its High S
The Albanese government in Australia has offered Norway’s Equinor and its partner Oceanex Energy a feasibility licence for the Novocastrian Wind offshore wind project in the Hunter region. If the feasibility for the Novocastrian Wind Pty Ltd project is proven, the developer can then apply for a comm
Principle Power and South Korea’s HSG Sungdong have agreed to a non-exclusive Memorandum of Understanding (MoU) to jointly advance engineering efforts for the scalable production and assembly of WindFloat technologies. According to Principle Power, the agreement furthers the development of a sustain
Belgium’s transmission system operator (TSO) Elia has awarded contracts to several companies for high-voltage alternating current (HVAC) components of Princess Elisabeth Island, the world’s first energy island. The artificial energy island will be built some 45 kilometres off the Belgian coast, with
India’s Union Cabinet has approved the viability gap funding (VGF) scheme for offshore wind energy projects totalling Rs. 7453 crores (approximately EUR 833 million). This includes about EUR 765 million for the installation and commissioning of 1 GW of offshore wind projects – 500 MW each off the co
Skyborn Renewables has signed an updated Master Supply Agreement with Siemens Gamesa for the delivery of 63 SG 14-236 DD wind turbines, with a power boost of 15 MW, for its 945 MW Gennaker offshore wind project in the German Baltic Sea. The agreement strengthens the long-term partnership between the
The first Siemens Gamesa SG 11.0-200 DD wind turbine has been installed at the 913 MW Borkum Riffgrund 3 offshore wind farm in Germany. Located approximately 72 kilometres off the coast of Lower Saxony, the Borkum Riffgrund 3 offshore wind farm will feature a total of 83 Siemens Gamesa wind turbines
The US Bureau of Ocean Energy Management (BOEM) is seeking ideas for baseline environmental and socioeconomic studies to inform its decisions on potential offshore wind energy activities in the US territories. To formally request ideas for baseline environmental and socioeconomic studies, the bureau
Global energy consultancy Xodus has established a new dedicated offshore renewables engineering arm, named Evolv Energies, to strengthen its capabilities in the offshore markets. Evolv Energies has been created to deliver broader engineering services as the development of renewables projects ramp up
The construction of the DolWin4 and BorWin4 offshore grid connection projects in northern Germany has commenced, Amprion said on 18 June. Work on the DolWin4 and BorWin4 offshore grid connections, which will transport power from offshore wind farms in the North Sea to the mainland, has started in Li
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
Singapore-based Mooreast has revealed that its wholly-owned subsidiary, Mooreast Asia, intends to acquire a 98,919 square metres facility from a subsidiary of Seatrium, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector. Mooreast expects to complete the
