Dutch marine contractor Van Oord has reported a EUR 62 million net loss for the Fiscal Year 2021 due to large loss provisions taken on three projects in the business units Netherlands and Offshore wind: the Afsluitdijk project in the Netherlands, the Saint-Brieuc project in France, and the Greater C
Blackstone Infrastructure Partners, Caisse de dépôt et placement du Québec (CDPQ), First Light Power, and Ullico Infrastructure Fund will fund an offshore wind project planned to be built at one of the New York Bight sites, for which Invenergy Wind Offshore LLC, a development entity led by project s
SCHOTTEL has reached an agreement with Virginia-based Lyon Shipyard to support the servicing of vessels in the emerging US offshore wind industry. SCHOTTEL, headquartered in Germany, is a manufacturing company that produces propulsion and steering systems for ships and offshore applications, while L
Blåvinge, the partnership between Fred. Olsen Seawind, Hafslund Eco, and Ørsted which plans to bid in the upcoming offshore wind auction in Norway, is entering into an exclusive collaboration with Rosenberg Worley to develop floating offshore wind farms. Under the agreement, the Blåvinge partners an
SSE Renewables plans to commission the Arklow Bank Wind Park Phase 2 in 2028 and not in 2025 as initially planned as the developer confirmed that it plans to apply for a Maritime Area Consent (MAC) for the project under Ireland’s new consenting regime. The decision by SSE Renewables to transfer Phas
Mitsui & Co., Ltd., part of Japan’s Mitsui Group, has agreed to invest EUR 575 million in Mainstream Renewable Power in the form of new common shares, corresponding to a 27.5 percent equity stake in the global renewable energy company. Mitsui will take a long-term active role in the growth of Mainst
Poland’s PGE and Ørsted have invited suppliers to the first in a series of meetings to discuss the needs related to the construction of the Baltica Offshore Wind Farm in Poland. During the first meeting, to be held on 22 April, investors will present the progress of the Baltica Offshore Wind Farm fr
16.8 gigawatts (GW) of new commissioned offshore wind capacity was added globally in 2021, a 161 per cent increase compared with 2020, fueled largely by increased activities offshore China, according to a new report by research company BloombergNEF (BNEF). The scheduled end to China’s offshore wind
Dan McKee, the Governor of the US State of Rhode Island, has introduced legislation that would require a market-competitive procurement for approximately 600 MW of newly-developed offshore wind capacity. If enacted, Rhode Island’s primary utility company would be required to issue the procurement no
Estonia-headquartered developer of wind and solar energy projects in the Baltic States and Poland, Sunly, plans to develop multiple projects in the Baltic Sea and participate in offshore wind auctions in the region. The company, which applied for a permit for the construction of four offshore wind f
BP has entered into an agreement with Marubeni to form a strategic partnership for offshore wind and potentially other decarbonisation projects, including hydrogen, in Japan. The new partnership will see BP acquiring a stake in Marubeni’s proposed offshore wind project in the country. Under the agre
Environmental Resources Management’s (ERM) ERM Dolphyn and Source Energie have entered into a partnership to jointly develop projects in the Celtic Sea that incorporate floating wind and green hydrogen production, with an aim to participate in the Crown Estate’s planned floating wind leasing round.
Irish floating offshore wind developer Simply Blue Group has unveiled a new floating wind project, Nomadic Offshore Wind, off the coast of Northern Ireland, and a related green energy agreement with MJM Renewables. The project is expected to generate electricity with up to 500 MW of capacity that wi
Shell has applied for environmental investigation licences for six offshore wind projects in Brazil with the country’s Institute for the Environment and Natural Resources (IBAMA). The six projects have a total installed capacity of 17 GW. The company submitted an Activity Characterisation Form (FCA)
