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Business & Finance

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DHSS
Business & Finance

DHSS Teams Up with Marine Coordination Services to Support Offshore Wind Projects

The Netherlands-based Marine Coordination Services (MCS) and DHSS have joined forces to provide support for the operators working in the offshore wind industry. According to MCS, the company serves as a link between the planning and the execution of offshore activities. The company’s maritime contro

about 4 years ago
Canadian Investor Taking Stake in Corio’s Offshore Wind Projects
Business & Finance

Canadian Investor Taking Stake in Corio’s Offshore Wind Projects

Corio Generation, a Green Investment Group (GIG) portfolio company, has entered into a joint venture with Ontario Teachers’ Pension Plan Board to fund the development of up to 9 GW in offshore wind projects currently under development by Corio. The partnership represents an investment of up to USD 1

about 4 years ago
An aerial photo of the production and storage location Sif at Maasvlakte 2 Rotterdam, The Netherlands
Business & Finance

Sif Expects to Greenlight Production Capacity Expansion Plan in July

The Netherlands-based offshore foundations manufacturer Sif Group is on track to take a Final Investment Decision on the investment plan to expand its production capabilities in July. According to Fred van Beers, CEO of Sif Group, market demand has made the need to increase the production of foundat

about 4 years ago
Vena, KOMIPO to Develop 384 MW Offshore Wind Farm in South Korea
Business & Finance

Vena, KOMIPO to Develop 384 MW Offshore Wind Farm in South Korea

Vena Energy and Korea Midland Power Co. Ltd. (KOMIPO) have partnered on the development of a 384 MW offshore wind project near Yokji Island in South Korea. The Singapore-headquartered company announced the the signing of a Joint Development Agreement with KOMIPO only a day after revealing the establ

about 4 years ago
BW Ideol and Tohoku Plan New Floating Wind Project Offshore Japan
Business & Finance

BW Ideol and Tohoku Plan New Floating Wind Project Offshore Japan

BW Ideol and Tohoku Electric Power have signed an agreement to jointly develop a commercial-scale floating wind farm off the coast of Kuji city in Iwate prefecture, Japan. The companies have now initiated the feasibility studies necessary to develop the project, which will utilise BW Ideol’s Damping

about 4 years ago
Shell ScottishPower
Business & Finance

Shell, ScottishPower Explore Floating Wind Skills Initiative in Scotland

ScottishPower and Shell have announced that they are exploring a new collaboration with the National Energy Skills Accelerator (NESA) to maximise economic and employment opportunities related to the development of floating offshore wind farms in Scottish waters. According to the companies, they will

about 4 years ago
TotalEnergies, Duke Energy Win Carolina Long Bay Offshore Wind Leases
Business & Finance

TotalEnergies, Duke Energy Win Carolina Long Bay Offshore Wind Leases

TotalEnergies and Duke Energy are the provisional winners of the Carolina Long Bay offshore wind lease sale in the US, with their competitive winning bids totaling USD 315 million. The Bureau of Ocean Energy Management (BOEM) offered two lease sites (OCS-A 0545 and OCS-A 0546) in the Wilmington East

about 4 years ago
Norway Launches 30 GW by 2040 Offshore Wind Investment Plan
Business & Finance

Norway Launches 30 GW by 2040 Offshore Wind Investment Plan

The Government of Norway has launched a large-scale investment plan aimed at allocating sea areas to develop 30 GW of offshore wind capacity by 2040. The ambition is that almost as much new power will be produced from offshore wind as Norway produces in total today. ”Today we launch a large-scale in

about 4 years ago
ScotWind Offshore Wind Leasing Kicks Off
Business & Finance

ScotWind Developers to Support Scottish Supply Chain Growth

Scotland’s First Minister Nicola Sturgeon has announced 24 new signatories of the Scottish Offshore Wind Energy Council (SOWEC) Collaborative Framework Charter with the goal to help build a pipeline of supply chain work in the country. The 24 new signatories include BayWa r.e., BlueFloat Energy, BP,

about 4 years ago
RWE Thor
Business & Finance

Denmark’s Largest Offshore Wind Farm Receives Feasibility Study Permit

The Danish Energy Agency (DEA) has issued a feasibility study permit to Thor Wind Farm I/S for the 1,000 MW Thor project, Denmark’s largest offshore wind farm to date. The purpose of the permit is to technically qualify the specific project so that the project’s technical design, including turbine f

about 4 years ago
Shell Sets Sights on Offshore Wind in Spain and Portugal
Business & Finance

Shell Sets Sights on Offshore Wind in Spain and Portugal

Shell and the Spanish energy company Capital Energy have signed an agreement to analyze the joint development of projects in the offshore wind energy sector in Spain and Portugal. Leveraging their complementary skills and strengths, both companies will explore opportunities in line with their intere

about 4 years ago
Hexicon Completes WaveHub Buy
Business & Finance

Hexicon and Elia to Optimise Floating Offshore Wind Farm Transmission Connection

Sweden-based Hexicon and Elia Grid International (EGI) have joined forces to connect the wind energy produced by floating offshore wind farms to the onshore grid. Under the agreement, the partners will develop concepts and projects to integrate large-scale floating offshore wind farms into the onsho

about 4 years ago
Asia Pacific Companies Team Up on Offshore Wind Project in Japan
Business & Finance

Asia Pacific Companies Team Up on Offshore Wind Project in Japan

Vena Energy Holdings Ltd (Vena Energy), Shikoku Electric Power (Yonden), and Toho Gas have announced the establishment of a consortium for the development of an offshore wind project in Aomori South, Japan. The site was identified by the Japanese Government as a “promising” area for the development

about 4 years ago
Koreas-first-subsea-cable-laying-vessel-launched
Business & Finance

Korea’s First Subsea Cable Laying Vessel Launched

LS Cable & System (LS C&S) has held the launching ceremony for what is said to be Korea’s first subsea power cable laying vessel. The ceremony for GL2030 was held on 21 April at Donghae Port in Gangwon-do, where LS Cable & System’s subsea cable factory is located. LS C&S said it is planning to [&hel

about 4 years ago
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