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Business development

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MOL Hokutaku
Business development

Japanese Shipowner Invests in Wind Turbine Maintenance Company

Japanese shipowner Mitsui O.S.K. Lines (MOL) has signed an agreement to form a capital alliance by acquiring most of the outstanding shares of its compatriot Hokutaku. According to MOL, Hokutaku is the largest third-party wind turbine maintenance company in Japan covering about 80 per cent of the ap

about 2 years ago
RWE Names Its US Floating Wind Project, Plans to Open California Office
Business development

RWE Names Its US Floating Wind Project, Plans to Open California Office

RWE has released the official name of its floating wind project in California and revealed that the company will open an office in the city of Eureka in early 2024. The project, named Canopy Offshore Wind Farm (Canopy), is being developed at a site located 45 kilometres (28 miles) off the coast of H

about 2 years ago
Ellevio OX2 Galene
Business development

OX2 Pushes Ahead with 400 MW Swedish Offshore Wind Project

OX2 and its partner Ingka Investments have signed a cooperation agreement with the Swedish electric power distribution company, Ellevio, and submitted applications for connection of the Galene offshore wind farm in Sweden. The 400 MW Galene, the northern part of the 1.7 GW Galatea-Galene project, wi

about 2 years ago
BOEM New York Bight
Business development

BOEM Opens Public Consultation on New York Bight Lease Areas

The US Bureau of Ocean Energy Management (BOEM) has launched a public consultation on the potential development of six wind lease areas offshore New York and New Jersey, in an area known as the New York Bight. In February 2022, BOEM held an auction that brought in over USD 4.3 billion for the rights

about 2 years ago
‘World’s First’ Subsea Power Hub for Floating Wind to Be Tested in Norway
Business development

‘World’s First’ Subsea Power Hub for Floating Wind to Be Tested in Norway

Aker Solutions and the Marine Energy Test Centre (METCentre) in Norway have signed a front-end engineering and design (FEED) contract for a pilot project which will see Aker Solutions testing its new power transmission technology at the METCentre’s offshore test area that houses demonstration floati

about 2 years ago
A photo of an offshore wind farm
Business development

Northland and Gentari Finalise Hai Long Offshore Wind Deal

Northland Power has closed the transaction with Gentari International Renewables through which Gentari acquired 49 per cent of Northland’s ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest in the overall project and will continu

about 2 years ago
Greece’s Largest Power Utility Buys Into Offshore Wind
Business development

Greece’s Largest Power Utility Buys Into Offshore Wind

The Public Power Corporation S.A. (PPC), the largest electric power company in Greece, has agreed to acquire the developer of a 216 MW wind farm located in the offshore area of Alexandroupolis. PPC Renewables, the utility’s renewables arm, and the Copelouzos and Samaras Groups have signed an agreeme

about 2 years ago
Australian Govt Seeks Input on Offshore Wind Regulatory Framework
Business development

Australia Advances Offshore Wind Plans in Gippsland

Australia’s Minister for Climate Change and Energy has made preliminary decisions on the granting of feasibility licences for offshore wind projects in Commonwealth waters off the Gippsland region in Victoria. The government received 37 feasibility licence applications for the 15,000 square kilometr

about 2 years ago
Tahkoluoto, Finland's first commercial offshore wind farm.
Business development

Permitting Milestones for Finnish Offshore Wind Project’s Demo Phase

The demonstration phase of the Tahkoluoto offshore wind farm extension project, being developed by Suomen Hyötytuuli in Finland, has been granted water and building permits. Tahkoluoto extension offshore wind farm will be located 4-22 kilometres off the coast of Pori, in Western Finland. In the demo

about 2 years ago
Gazelle Wind Power and Tugdock to Develop Offshore Wind Modular Assembly System
Business development

Gazelle Wind Power and Tugdock to Develop Offshore Wind Modular Assembly System

Gazelle Wind Power, the developer of a next-generation floating wind platform, and Tugdock have signed a Memorandum of Understanding to co-develop a modular offshore wind assembly system that is expected to dramatically drive down costs and increase production of floating offshore wind farms. Tugdoc

about 2 years ago
A photo of the Borssele 1 & 2 with several wind turbines close up
Business development

AFRY to Support Colombia’s Offshore Wind Commercialisation

Swedish supplier of engineering, design, and advisory services, AFRY, has revealed that it will support the Colombian Government in the identification of offtake mechanism for commercialisation of offshore wind energy in the country. According to AFRY, the company’s support will allow the Colombian

about 2 years ago
POWER Philippines
Business development

Six Energy Companies Unite to Accelerate Offshore Wind Development in Philippines

Six energy companies have joined forces and formed the Philippine-based offshore wind industry organisation to provide expertise and technical resource to accelerate the development of offshore wind projects in the country. The organisation, named Pilipinas Offshore Wind Energy Resource Inc. (POWER)

about 2 years ago
Sceirde Rocks Green Rebel
Business development

Ocean Surveys Completed for 450 MW Irish Offshore Wind Project

The Sceirde Rocks Windfarm, developed by Irish Fuinneamh Sceirde Teoranta (FST), a joint venture owned by Corio Generation and global infrastructure investor, Ontario Teachers’ Pension Plan, has completed geophysical and metocean surveys that will inform its forthcoming planning application. The sur

about 2 years ago
Eolus Vind Najaderna offshore wind project
Business development

Eolus Pushes Ahead with 1+ GW Offshore Wind Project in Sweden

Swedish company Eolus Vind has submitted an application for the Najaderna offshore wind project outside Tierp, Sweden with a planned capacity of 1 GW-1.7 GW. The fixed-bottom Najaderna offshore wind project is located approximately 17 kilometres off the coast within Tierp municipality in Uppsala Cou

about 2 years ago
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