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MOL Forms Another Offshore Wind Pact
Business & Finance

MOL Forms Another Offshore Wind Pact

Japan’s Mitsui O.S.K. Lines (MOL) and Toyo Construction have signed a Memorandum of Understanding (MoU) to evaluate potential collaboration with the aim of commercializing vessels used in the construction of offshore wind projects in Japan and overseas. The companies said they will meet the demand f

about 4 years ago
A photo of the Gwynt y Mor offshore wind farm in the uk
Business & Finance

RWE Enters India’s Offshore Wind Market

RWE Renewables and India’s integrated power company Tata Power have entered into a partnership to explore the potential for a joint development of offshore wind projects in India. The partnership was forged after Tata Power Renewable Energy Limited, a wholly owned subsidiary of Tata Power, and RWE R

about 4 years ago
Edda Wind Shareholder Buys Into Reach Subsea to Scale Up Remote Subsea Ops
Business & Finance

Edda Wind Shareholder Buys Into Reach Subsea to Scale Up Remote Subsea Ops

Norwegian maritime group Wilhelmsen, which holds ownership stakes in Edda Wind and NorSea Wind, has acquired a 21 per cent stake in the compatriot subsea contractor Reach Subsea to position itself in the renewable value chain and explore the remote subsea concept. As disclosed, Wilhelmsen and Reach

about 4 years ago
IJmuiden Ver
Contracts & Tenders

RVO to Launch Morphological and Scour Assessment Tender for IJmuiden Ver Wind Farm Zone

The Netherlands Enterprise Agency (Rijksdienst voor Ondernemend Nederland; RVO) will open a tender for morphological and scour assessment of the IJmuiden Ver Wind Farm Zone in March, according to a prior information notice RVO issued on 14 February. The successful candidate will conduct a study into

about 4 years ago
UK Company Wins Major Two-in-One Deal for Onshore Cable Works
Contracts & Tenders

UK Company Wins Major Two-in-One Deal for Onshore Cable Works

UK-based engineering and construction company J. Murphy & Sons (Murphy) has been awarded a multi-million-pound contract for onshore civil works on the export cables for both the 1.4 GW Sofia offshore wind farm and 1.2 GW Dogger Bank C. Although the two large-scale offshore wind farms are being built

about 4 years ago
GRI Renewable Industries
Business & Finance

Another Offshore Wind Tower Factory Announced in Poland

Following the news that Spanish wind turbine tower manufacturer, Windar, will build a factory in Poland, Polish Offshore Wind Energy Society (PTMEW) said via social media that there was another agreement for a factory of this kind in the country between its supporting member Agencja Rozwoju Przemysł

about 4 years ago
An image rendering Brayton Point subsea cable plant
Business & Finance

Prysmian Buys Massachusetts’s Former Coal Power Plant Site to Build Offshore Wind Cable Factory

Italy-based subsea power cable supplier, Prysmian, has signed a purchase agreement with Commercial Development Company (CDC) for a site at Brayton Point in Somerset, Massachusetts, which housed a now-closed coal-fired power plant and will soon be home to a USD 200 million offshore wind cable factory

about 4 years ago
Windar to Build EUR 80 Million Offshore Wind Tower Factory in Poland
Business & Finance

Windar to Build EUR 80 Million Offshore Wind Tower Factory in Poland

Spain-based company Windar Renovables has decided to invest EUR 80 million to build a new offshore tower factory in Poland to serve the emerging offshore wind industry in the Baltic Sea. Construction works are slated to begin this year, while the production is expected to start in early 2024, as of

about 4 years ago
Kincardine floating wind farm
Business & Finance

Floating Wind LCOE to Drop Below USD 40/MWh by 2050, Installed Capacity to Reach 264 GW

Floating wind technology development will enable the levelised cost of energy (LCOE) to drop below USD 100/MWh by 2025 and under USD 40/MWh in 2050, which will further drive, together with some other factors, an increase in cumulative installed capacity to 264 GW by 2050, according to a report from

about 4 years ago
A photo of the Block Island Wind Farm's turbine with a US flag visible on the right
Business & Finance

Natural Power, Keystone Engineering Team Up Offshore US

Renewable energy consultancy and service provider Natural Power and offshore wind engineering company Keystone Engineering have formed a partnership to pursue and collaborate on technical consulting and advisory business opportunities in the US offshore wind market. According to Natural Power, their

about 4 years ago
Iberdrola and DP Energy Power Ahead with Large-Scale Irish Floater
Contracts & Tenders

Iberdrola and DP Energy Power Ahead with Large-Scale Irish Floater

Iberdrola and DP Energy have appointed Royal HaskoningDHV together with Mott MacDonald to lead the production of an Environmental Impact Assessment Report (EIAR) for the Inis Ealga Marine Energy Park project offshore Ireland. The 1GW Inis Ealga Marine Energy Park is located off the South Coast of Ir

about 4 years ago
Two Co-Founders of Australia’s First Offshore Wind Farm Eye Building 4 Floating Wind Projects
Wind Farm Update

Two Co-Founders of Australia’s First Offshore Wind Farm Eye Building 4 Floating Wind Projects

A company founded in 2020 by two of the co-founders of the Star of the South, Australia’s first proposed offshore wind farm, is planning to build five offshore wind projects in the country and three in New Zealand. Oceanex Energy, which says on its website that it is “progressing the development and

about 4 years ago
Fugro to Investigate Hornsea Three and Four Offshore Wind Sites
Contracts & Tenders

Fugro to Investigate Hornsea Three and Four Offshore Wind Sites

Fugro has won a contract by Ørsted to carry out geotechnical site investigations at the Hornsea Three and Hornsea Four offshore wind projects in the UK. The site investigations will include downhole cone penetration testing (CPT), seismic cone penetration testing (SCPT), downhole sampling and high-q

about 4 years ago
A photo of the Yangjiang Shapa Phase 2 offshore wind farm in China
Business & Finance

WFO Says China Connected 12.7 GW of Offshore Wind in 2021

A report just released by World Forum Offshore Wind (WFO) states that China connected 12.7 GW of new offshore wind capacity to its grid last year. This is 4.2 GW less than reported last month based on data from China’s National Energy Administration. China grew with 12,689 MW of newly installed capa

about 4 years ago
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