Scotland’s national economic development agency, Scottish Enterprise, and Japanese conglomerate Marubeni Corporation have signed a Memorandum of Understanding (MoU) to jointly explore opportunities in floating offshore wind and green hydrogen. The new partners have identified three key areas of coll
Edda Wind, owned 50/50 between Wilhelmsen and Østensjø, has launched an initial public offering (IPO) on the Oslo Stock Exchange with plans to use the proceeds to support its existing offshore wind vessel newbuilding programme, as well as to back potential further newbuild opportunities. “This listi
Vestas has selected Global Wind Service (GWS) to provide wind turbine pre-assembly services for the 114-turbine Seagreen offshore wind farm in Scotland. Technicians will be based at the Able Seaton Port in the UK and GWS will provide support across all key pre-assembly activities which include tower
Ørsted has awarded Boskalis with the inter-array cable installation contract for the Borkum Riffgrund 3 and Gode Wind 3 offshore wind farms in the German North Sea. The contract includes the transport, installation, and burial of a combined total of 106 inter-array cables, the Netherlands-based comp
GE’s Renewable Energy business segment will become part of a standalone GE Renewable Energy and Power company as GE plans to form three separate public companies focused on aviation, healthcare, and energy. GE Renewable Energy and Power will be established by combining GE Renewable Energy, GE Power,
Ørsted has announced a multi-million pound agreement to be the first and lead customer for monopile foundations manufactured at the planned UK facility of SeAH Wind Limited, a UK-based subsidiary of SeAH Steel Holdings. The deal, subject to securing a Contract for Difference and Final Investment Dec
A consortium of the London-based Equitix Limited and Japan’s TEPCO Power Grid has been selected as the preferred bidder for the offshore electricity transmission link connecting the 857 MW Triton Knoll wind farm to the UK grid. Valued at approximately GBP 577 million (EUR 675 million), the new offsh
Offshore wind construction company Eneti announced on 8 November that it would issue USD 200 million (around EUR 173 million) in shares of its common stock for public offering and would use the net proceeds to fund the construction of its offshore wind installation vessel programme. Scorpio Holdings
Ørsted is proposing to build a large-scale offshore wind project in Vietnam which would have an installed capacity well beyond the offshore wind farms currently under construction or in development and would require an investment of over EUR 10 billion. The developer has introduced its plan to a loc
Nexans has officially opened its high-voltage subsea cable plant in Charleston, South Carolina, the first such facility in the United States. From the new facility, Nexans will deliver subsea cables up to 525kV HVDC and 400kV HVAC, covering the full range of needed products for export cables for off
Combined market losses in offshore wind grew from GBP 124 million (around EUR 145 million) in 2010-2015 to GBP 500 million (around EUR 585 million) by 2020, with the average insurance claim nearly doubling from GBP 1.67 million (around EUR 2 million) to GBP 3.08 million (around EUR 3.6 million) in t
Six European and Japanese companies have established Japan’s Floating Offshore Wind Group to actively promote floating offshore wind in the country. The newly launched group – set up by Equinor, Shell, Ocean Winds (a joint venture between EDP Renewables and ENGIE), Sumitomo Corporation Global Metals
GE Renewable Energy’s Haliade-X offshore wind turbine prototype installed in Rotterdam, the Netherlands, has been operating for two years, making it the first 10+ MW offshore wind turbine to achieve this milestone, the turbine maker said. The prototype was first commissioned in November 2019 at 12 M
“Our strategic decision to invest in the new Faccin plate rolling system, is in line with our growing plan that guarantees the realization of our current and future production objectives. Its rolling automation system, so easy to use, allows us to reach our desired rolling capacity in a very short t
