Sumitomo Electric Industries and Seaway 7 have signed a Memorandum of Understanding (MoU) to together provide subsea cable engineering, procurement, installation, and commissioning (EPIC) services for offshore wind projects in Japan and the wider Asia-Pacific region. The collaboration is planned to
The US Bureau of Ocean Energy Management (BOEM) has completed the country’s biggest offshore wind auction after three days and 64 rounds, and the six offered lease sites gathering a total of USD 4.37 billion that will go to the US Treasury. The largest and most expensive site, which could accommodat
Offshore Renewable Energy (ORE) Catapult has chosen 20 UK-based companies to benefit from the Fit For Offshore Renewables (F4OR) business improvement and supply chain growth programme. The F4OR programme, which is funded by the Energy Transition Zone (ETZ) and delivered in partnership with the Nucle
Germany’s Federal Network Agency (Bundesnetzagentur) has put an offshore wind area in the North Sea out to tender. The area will support the development of up to 980 MW of capacity, and the price of the electricity is capped at EUR 64 per MWh. The bidder with the lowest subsidy requirement for a win
South Korea’s CS Wind has acquired the remaining 40 per cent stake in the Portuguese wind turbine tower manufacturer, ASM Industries, from WAM Investments. This transaction follows the sale of the 60 per cent stake in ASM by WAM to CS Wind in July 2021. WAM said the two partners concluded that the m
This is an article following Day 1 updates of the New York Bight offshore wind lease sale. To read the updates from Day 2 and Day 3, or news on the final results of the lease sale, go to the articles below: The biggest offshore wind lease sale ever organised in the US is resuming […]
The US Bureau of Ocean Energy Management (BOEM) has deemed 25 companies and consortia eligible to bid in today’s New York Bight offshore wind lease sale, including some of the biggest offshore wind and Big Oil names. Shell, BP, and Equinor, alone or through joint ventures, are competing for acreage
Chinese wind turbine manufacturer Dongfang Electric Corporation (DEC) has manufactured its first 13 MW typhoon-resistant offshore wind turbine. Developed in-house by DEC, the 13 MW model is based on the company’s 10 MW offshore direct-drive platform. The new model features 103-metre blades, also dev
Fred. Olsen Windcarrier ASA has decided to postpone the planned initial public offering (IPO) of shares and the listing on the Oslo Stock Exchange. Fred. Olsen Windcarrier owns and operates three transport and installation jack-up vessels – Bold Tern, Brave Tern, and Blue Tern. It is wholly owned by
German energy company Uniper and compatriot steel manufacturer, Salzgitter AG, have concluded a cooperation agreement with the aim of Uniper supplying the SALCOS project in Salzgitter with green hydrogen at competitive conditions for the production of climate-compatible steel. The cooperation is foc
Japan’s Mitsui O.S.K. Lines (MOL) and Toyo Construction have signed a Memorandum of Understanding (MoU) to evaluate potential collaboration with the aim of commercializing vessels used in the construction of offshore wind projects in Japan and overseas. The companies said they will meet the demand f
RWE Renewables and India’s integrated power company Tata Power have entered into a partnership to explore the potential for a joint development of offshore wind projects in India. The partnership was forged after Tata Power Renewable Energy Limited, a wholly owned subsidiary of Tata Power, and RWE R
Norwegian maritime group Wilhelmsen, which holds ownership stakes in Edda Wind and NorSea Wind, has acquired a 21 per cent stake in the compatriot subsea contractor Reach Subsea to position itself in the renewable value chain and explore the remote subsea concept. As disclosed, Wilhelmsen and Reach
Following the news that Spanish wind turbine tower manufacturer, Windar, will build a factory in Poland, Polish Offshore Wind Energy Society (PTMEW) said via social media that there was another agreement for a factory of this kind in the country between its supporting member Agencja Rozwoju Przemysł
