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Business & Finance

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FeaturedHeadlinesFixed-BottomProject UpdatesWind Farm UpdateVesselsBusiness developmentFloating WindAuthoritiesPlanning & PermittingContracts & TendersOperations & MaintenanceSupply ChainResearch & DevelopmentR&DTechnology
Ocean Winds’ First Offshore Wind Project in Poland Enters Construction Phase
Business & Finance

Ocean Winds’ First Offshore Wind Project in Poland Enters Construction Phase

Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, has secured around EUR 2 billion in project finance and reached financial close for the 390 MW BC-Wind offshore wind farm in the Polish Exclusive Economic Zone (EEZ) of the Baltic Sea, moving the project into the construction phase

about 7 months ago
Seatrium Launches Arbitration Against Maersk in WTIV Contract Dispute
Business & Finance

Seatrium Launches Arbitration Against Maersk in WTIV Contract Dispute

Singapore’s Seatrium has launched arbitration proceedings against an affiliate of Maersk Offshore Wind, escalating a contract dispute over a wind turbine installation vessel (WTIV) that Maersk sought to terminate in October, the shipbuilder said. Seatrium Energy International (SEI) issued its notice

about 7 months ago
Doris BlueFloat Energy Renantis
Business & Finance

BlueFloat’s Joint Venture Partner Acquires Full Ownership of 10 Floating Wind Projects in UK, Italy

The joint venture (JV) between Nadara and BlueFloat Energy has confirmed to offshoreWIND.biz that Nadara will acquire BlueFloat’s stake in the JV’s floating offshore wind projects in the UK and Italy, and become their sole owner. “Nadara has reached an agreement with its joint venture partner BlueFl

about 8 months ago
EirGrid Tonn Nua
Business & Finance

Ørsted-ESB Joint Venture Wins 900 MW Irish Offshore Wind Tender

The joint venture between ESB and Ørsted has been provisionally awarded development rights for the 900 MW fixed-bottom offshore wind farm at the Tonn Nua site by the Irish Department of Climate, Energy and the Environment. The two-way Contract for Difference (CfD) has been awarded at a strike price

about 8 months ago
Føn Energy Services Wins Five-Year Maintenance Deal Covering Six Dutch Offshore Wind Farms
Business & Finance

Føn Energy Services Wins Five-Year Maintenance Deal Covering Six Dutch Offshore Wind Farms

Føn Energy Services has secured a five-year contract to provide inspection, repair and maintenance services across six Dutch offshore wind farms after winning a combined tender issued by their owners, the company revealed on 26 November at the Offshore Energy Exhibition & Conference (OEEC) in Amster

about 8 months ago
BW Ideol's Floatgen floating wind turbine, aerial view
Business & Finance

BW Ideol Acquires Stake in 250 MW French Floating Wind Project

BW Ideol Projects Company (BWIPC), owned by BW Ideol (75 per cent) and ADEME Investissement (25 per cent), has taken a minority equity stake in Eoliennes Méditerranée Grand Large, the developer behind the upcoming Méditerranée Grand Large floating offshore wind farm in France. Under the deal with th

about 8 months ago
Damen In Charge of Forging Subsea Crane-Endowed Multi-Purpose Vessel with Five More on the Cards
Business & Finance

Damen In Charge of Forging Subsea Crane-Endowed Multi-Purpose Vessel with Five More on the Cards

Damen Shipyards Group, a Dutch shipbuilding giant, has been tasked with bringing to life a new multi-purpose accommodation support vessel (MP-ASV) for Windcat, a part of CMB.TECH, said to be one of the world’s largest listed, diversified, and future-proof maritime groups, with a fleet of about 250 v

about 8 months ago
BuhaWind feasibility
Business & Finance

Feasibility Studies Commence for 2 GW Northern Luzon Offshore Wind Project

BuhaWind Energy Northern Luzon Corporation (BENLC) has commenced a new round of feasibility studies for its 2 GW offshore wind project in the Philippines. The company has launched two scanning LiDAR units and a second meteorological mast in Ilocos Norte to enhance wind resource validation for its of

about 8 months ago
Statkraft and Aker Come Together for Offshore Wind in Norway
Business & Finance

Zephyr Acquires Statkraft’s Former Swedish Offshore Wind Portfolio

Zephyr Renewable has entered into an agreement that will see it become the largest owner of a portfolio of offshore wind projects previously owned and developed by the Norwegian utility Statkraft. Zephyr will be responsible for the continued development of offshore wind projects, including the Bothn

about 8 months ago
Iberdrola headquarters in Bilbao, Spain, photo showing upper part of the building with company logo
Business & Finance

Iberdrola Moves to Take Full Ownership of Its Brazilian Subsidiary

Iberdrola has launched a public takeover bid for the remaining 16.2 per cent of its Brazilian subsidiary Neoenergia, aiming to take full control and delist the company. The Spanish utility and renewable energy developer is offering 32.5 Brazilian reais per share, the same price paid in October whe

about 8 months ago
Skyborn Dajin Gennaker
Business & Finance

Dajin Bags Transition Piece Contract for 976.5 MW German Offshore Wind Farm

Skyborn Renewables has signed a contract with Dajin Heavy Industry for the supply of transition pieces for the 976.5 MW Gennaker offshore wind farm in Germany. “We are excited to advance into the execution phase with Dajin. Their proven offshore manufacturing experience and strong delivery record wi

about 8 months ago
ORE Catapult Bladena
Business & Finance

ORE Catapult, Bladena to Trial Blade Reinforcement Tech

The Offshore Renewable Energy (ORE) Catapult has signed an agreement with Bladena to test blade reinforcement technology designed to extend the operational life of offshore wind turbines. The full-scale testing programme at ORE Catapult’s National Renewable Energy Centre in Blyth, the UK, will use a

about 8 months ago
CIP Picks Client Rep Suppliers for 500 MW Taiwanese Offshore Wind Farm
Business & Finance

CIP Picks Client Rep Suppliers for 500 MW Taiwanese Offshore Wind Farm

Taylor Hopkinson and Brunel have been awarded a contract to supply client representatives across all major construction packages for the 500 MW Fengmiao 1 offshore wind farm in Taiwan. As one of two suppliers selected for this scope, Taylor Hopkinson and Brunel specialists will act on behalf of the

about 8 months ago
OranjeWind OES Group
Business & Finance

OES Wins Monopile Protection Contract for 795 MW Dutch Offshore Wind Farm

OES Group has been awarded a contract by Smulders for the supply and installation of the ICCP system at the OranjeWind offshore wind farm in the Netherlands. Under the contract, OES Group will supply and install 53 external and internal ICCP systems to protect the project’s monopiles from corrosion

about 8 months ago
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