Technip Energies has acquired a 16.3 per cent stake in X1 Wind, Spanish renewable energy technology startup behind the PivotBuoy floating offshore wind platform. Technip Energies said it was the lead investor in this funding round, which also counts with the participation of the European Commission-
SSE Renewables has issued contract notices seeking Tier 1 contractors for the Arklow Bank Phase 2 wind farm project offshore Ireland. Arklow Bank Wind Park Phase 2 is located approximately 6 to 15 kilometres off the coast of Arklow, Co. Wicklow and covers an area approximately 27 kilometres long and
The Embassy of the Kingdom of the Netherlands in Japan, together with the Netherlands Enterprise Agency (RVO), has commissioned the Dutch company BLIX Consultancy to perform a floating wind market study in Japan, with an aim to strengthen offshore wind collaborations between the two countries and to
The partnership behind the Danish Power-to-X project ‘Green Fuels for Denmark’ has decided to bring forward parts of the project two years earlier than previously planned. The plan involves rolling out 100 MW of the project’s originally planned second phase’s 250 MW electrolysis in 2025 instead of 2
Dutch heavy lifting company Mammoet said it has started investigating what the company describes as ”the possible violation of its intellectual property rights by Huisman and BMS Heavy Cranes.” The investigation concerns the recently announced series of land cranes, including a 3000-ton ring crane,
Belgian materials technology and recycling group Umicore will buy electricity generated by 28 MW of offshore wind capacity at Engie’s offshore wind farm in the Belgian sector of the North Sea. Umicore informed on the signing of a Power Purchase Agreement (PPA) with Engie on 3 February. Under the agr
Norway-based offshore wind turbine installation company, Fred. Olsen Windcarrier ASA, plans to launch an initial public offering (IPO) of new shares and apply for a listing on the Oslo Stock Exchange. Fred. Olsen Windcarrier owns and operates three transport and installation jack-up vessels – Bold T
Danish-based Muehlhan has sold its oil and gas business as the company decided to focus entirely on the renewable energy market. Muehlhan, which provides services in the offshore wind industry primarily by delivering pre-assembly work, said selling its oil and gas division supported the company’s st
Siemens Gamesa Renewable Energy has appointed Jochen Eickholt, a member of the executive board at Siemens Energy, as its Chief Executive Officer (CEO). Eickholt will take the reins at Siemens Gamesa on March 1, replacing Andreas Nauen. Siemens Gamesa ended the first quarter of the Fiscal Year 2022 w
Ørsted will sell 50 per cent of its Hornsea Two offshore wind farm in the UK and expects to close the 1.3 GW project farm-down this year, the company said in its 2021 annual results. Putting the project in full operation will be slightly delayed due to the impact of the Omicron variant of SARS-CoV-2
Japanese shipping company, Nippon Yusen Kaisha (NYK Line), has signed a memorandum of understanding with compatriot Power X, Inc. to set forth the terms of a strategic business alliance for the development and testing of Power X’s marine energy storage solutions (ESS), the Power ARK power transfer v
The Costa Rican Electricity Institute (ICE) is set to launch studies to identify the potential of offshore wind energy in the country as well as the challenges, risks and opportunities in the development, installation, and operation of offshore wind farms in the near future. The studies, which are e
Following a revision of its backlog, Saipem, an Italian offshore engineering and construction services provider, has withdrawn its outlook from October 2021, citing significant deterioration of some projects’ margins due to the protracted Covid-19 pandemic and cost increases of raw materials and log
Germany’s Federal Maritime and Hydrographic Agency (BSH) has approved the suitability of the N-3.5, N-3.6, and N-7.2 areas in the German exclusive economic zone of the North Sea for the development of offshore wind farms. The three areas have a combined capacity of 1,880 MW. The area N-7.2, located
