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Business & Finance

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Iberdrola's Wikinger offshore wind farm in the German Baltic Sea
Business & Finance

Swiss Energy Investor Buys Into German Offshore Wind Farm

Spanish energy company Iberdrola has signed an agreement with Energy Infrastructure Partners (EIP) for the sale of a 49 per cent stake in the 350 MW Wikinger offshore wind farm in the German Baltic Sea. The transaction is valued at around EUR 700 million, and Iberdrola will maintain a majority stake

about 3 years ago
Ørsted’s UK Offshore Wind Operations Workers to Go on Strike Over Rates of Pay
Business & Finance

Ørsted’s UK Offshore Wind Operations Workers to Go on Strike Over Rates of Pay

The National Union of Rail, Maritime and Transport (RMT) Workers has called on all RMT Ørsted members to take strike action this month over rates of pay and conditions of service. The members who will go on strike are working in Ørsted’s offshore wind operations team. The trade union has instructed

about 3 years ago
Thor Wind Turbine
Business & Finance

Bouygues Travaux Buys OO-STAR Floating Offshore Wind Foundation Technology

France’s Bouygues Travaux Publics is expanding its range of infrastructure solutions for offshore wind farms with the exclusive acquisition of the OO-STAR floating foundation technology, owned by Floating Wind Solutions. Bouygues Travaux Publics, which already owns the gravity-based foundation techn

about 3 years ago
Thor Wind Turbine
Business & Finance

Record Wind Turbine Orders in Q2 2022, China Driving the Increase

Global wind turbine order intake reached 43 GW in the second quarter of this year, 36 per cent higher than in the same period in 2021. The main driver of this new record is the strong activity in China, both in onshore and offshore wind, according to the latest report from Wood Mackenzie. The 43 [&h

about 3 years ago
Thor Wind Turbine
Business & Finance

Seaway 7 Raising Cash to Finance Newbuild Vessels

Seaway 7, part of the Subsea7 Group, plans to raise USD 650 million through the issuance of new equity and debt, primarily to finance its two newbuild vessels, Seaway Alfa Lift and Seaway Ventus. Both vessels are anticipated to be delivered during 2023 and to enter operations in the first half of 20

about 3 years ago
Thor Wind Turbine
Business & Finance

Baltic Power Contracts Foundation & OSS Dream Team for 1.2 GW Polish Offshore Wind Farm

Baltic Power, a joint venture between Polish Orlen Group and Canadian Northland Power, has signed reservation agreements for the manufacture and installation of foundations and offshore substations (OSS) for their 1.2 GW offshore wind farm. Monopile foundations will be manufactured and delivered by

about 3 years ago
Thor Wind Turbine
Business & Finance

Van Oord’s Boreas to Sport MacGregor Deck Cranes

MacGregor has been chosen to supply two auxiliary telescopic cranes for a new generation wind turbine installation vessel (WTIV) that is being built at Yantai CIMC Raffles Shipyard in China for Dutch contracting company Van Oord. MacGregor’s scope of supply consists of two auxiliary offshore telesco

about 3 years ago
Belgian Offshore Wind Transmission Specialist Joins New Jersey Project
Business & Finance

Belgian Offshore Wind Transmission Specialist Joins New Jersey Project

NextEra Energy Transmission MidAtlantic (NEETMA), a subsidiary of NextEra Energy Transmission, and WindGrid, a subsidiary of Elia Group, have signed a Memorandum of Understanding (MoU) on cooperation on a New Jersey offshore wind transmission project. Under the MoU, the companies will work together

about 3 years ago
GE Haliade-X
Business & Finance

GE Banned from Selling Haliade-X Offshore Wind Turbine in US, Two Projects Exempted

A US federal judge in Boston has barred General Electric (GE) from ‘‘making, using, offering for sale, selling, importing (into), or installing in the United States” the Haliade-X offshore wind turbine after the jury found in June that the wind turbine infringed upon a patent held by Siemens Gamesa

about 3 years ago
Rhode Island Seeks Feedback on Draft Offshore Wind RFP
Business & Finance

Rhode Island Seeks Feedback on Draft Offshore Wind RFP

Governor Dan Mckee has opened a 30-day public comment period about Rhode Island Energy’s draft request for proposals (RFP) for creating more offshore wind energy in the state. Rhode Island Energy, the state’s primary utility, is administering the RFP and will issue the procurement to the market no l

about 3 years ago
Vena Energy
Business & Finance

Vena Energy to Launch 1.8 GW Wind Projects Offshore Taiwan

Vena Energy, a portfolio company of Global Infrastructure Partners (GIP), has announced that it will launch two offshore wind projects with a total capacity of 1.8 GW to participate in auctions under Taiwan’s Phase 3 offshore wind zonal development. The first offshore wind project, called Wei-Na, wi

about 3 years ago
Thor Wind Turbine
Business & Finance

Maersk Supply Service, Stiesdal to Offer Combined Solutions to Floating Wind Developers

Maersk Supply Service and Stiesdal Offshore have entered into a strategic partnership to combine their expertise and offer integrated engineering, procurement, construction and installation (EPCI) solutions for foundations and moorings to floating offshore wind project developers. The new partnershi

about 3 years ago
Western Australia Offshore Wind Project Set in Motion
Business & Finance

BlueFloat, Energy Estate to Increase Greater Gippsland Capacity to 2.1 GW

Spain-based BlueFloat Energy and Energy Estate have expanded the proposed capacity of the Greater Gippsland wind project offshore Australia from 1,275 MW to 2,085 MW. Initially, the two companies planned to develop a 1.3 GW bottom-fixed offshore wind project located off the coast of the Gippsland re

about 3 years ago
China Dominates Offshore Wind Rankings, Global Operating Capacity at 55 GW – WFO
Business & Finance

China Dominates Offshore Wind Rankings, Global Operating Capacity at 55 GW – WFO

6,759 MW of offshore wind capacity went into operation during the first six months of 2022 compared to 1,627 MW during the same period a year earlier, World Forum Offshore Wind (WFO) said in its Global Offshore Wind Report HY1 2022. This growth was mainly driven by China which installed 5.1 GW of ne

about 3 years ago
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