Ørsted is launching the rights issue announced last month, offering new shares with pre-emptive rights to existing shareholders during the period from 19 September to 2 October 2025. The company is looking to raise DKK 60 billion (around EUR 8 billion) to fund the construction of the Sunrise Wind pr
ZTT Submarine Cable & System (ZTTSC) has delivered the first batch of 500 kV three-core AC submarine cables for the Yangjiang Fanshi II Offshore Wind Farm in China. According to the company, the production process integrated smart manufacturing lines, industrial robots, smart warehousing, and AI-bas
Norway’s VARD has cut the first steel for an offshore subsea construction vessel (OSCV) it is building for Taiwan-based Dong Fang Offshore (DFO). The 121.3-metre-long vessel of VARD 3 39 design is said to be a highly versatile platform designed and equipped for subsea operation duties, offshore wind
The developer behind the MunmuBaram floating offshore wind farm in South Korea has signed a Letter of Intent (LOI) with the Ulsan Metropolitan City to strengthen cooperation in developing the floating offshore wind industry and support regional economic growth. Under the agreement, Ulsan City will f
Ørsted’s Greater Changhua 2b offshore wind project in Taiwan will be commissioned in the third quarter of 2026 instead of later this year due to a damaged export cable. The 300 MW offshore wind farm is part of the 920 MW Greater Changhua 2b and 4 project, currently under construction 35-60 kilometre
Marco Polo Marine has contracted Norway’s Salt Ship Design to develop what the Singapore-based company says is a next-generation commissioning service operations vessel (CSOV), dubbed CSOV Plus, set to serve offshore wind and oil & gas markets. The new vessel is expected to enter service in 2028. Th
RWE and the global asset manager and infrastructure investor, Apollo Global Management, have signed an agreement under which Apollo will pay EUR 3.2 billion to RWE in exchange for an equity stake in a to-be-established joint venture (JV), which will hold RWE’s existing 25.1 per cent stake in the Ger
Revolution Wind, a joint venture (JV) between Ørsted and a consortium led by Skyborn Renewables, filed a complaint in the US District Court for the District of Columbia on 4 September, challenging the stop-work order issued by the US Department of the Interior’s (DOI) Bureau of Ocean Energy Manageme
The transmission system operators (TSOs), Energinet and 50Hertz, have placed a joint order with Siemens Energy for the construction and turnkey delivery of four converter stations and other technical components that will connect the Bornholm Energy Island project to the mainland grids of Denmark and
UK data centre provider Virtus Data Centres has agreed to purchase electricity generated from the 194 MW Lynn and Inner Dowsing (LID) offshore wind farms in the UK. The tri-party corporate power purchase agreement (CPPA) was signed between Virtus, an energy and sustainability advisory company, Inspi
NKT has signed a contract with the Danish transmission system operator (TSO) Energinet to deliver a high-voltage direct current (HVDC) power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand in Denmark. NKT’s scope of work includes the deliv
South Korea has awarded 689 MW of offshore wind projects in the competitive tender for fixed-bottom offshore wind organised in the first half of 2025, the Ministry of Trade, Industry and Energy (MOTIE) and the Korea Energy Agency (KEA) said on 1 September. Earlier this year, KEA announced that the t
SPIE Wind Connect, a subsidiary of SPIE Global Services Energy, has been awarded a contract for the termination and testing of inter-array cables for the Taipower Offshore Wind Project Phase II (TPC Phase II) in Taiwan. Under the contract awarded by Shinfox Far East Energy, SPIE Wind Connect will ex
Skyborn Renewables has signed preferred supplier agreements (PSAs) for monopiles, transition pieces, foundation installation and inter-array cable supply and installation for the 976.5 MW Gennaker offshore wind project in the German Baltic Sea. EEW Special Pipe Construction (EEW SPC) has been select
Dutch offshore wind foundation manufacturer, Sif Group, is facing a delay in the ramp-up of production at its new monopile production facility at Maasvlakte 2 in Rotterdam and expects to achieve this in the first half of 2026, instead of this year. Also in this article: In its half-year results for
