Ørsted has reduced its carbon emissions by 98%, becoming the first energy company in the world to achieve its science-based 2025 decarbonisation target, the Danish firm announced on 12 November. Renewable energy accounts for 99 per cent of the company’s energy production, while its scope 1 and scope
Singapore-based Mooreast has started feasibility studies to develop up to 500 MW of floating renewable energy projects in Timor-Leste in Southeast Asia. The feasibility studies have been confirmed to progress after Mooreast entered into a Letter of Intent (LOI) with Secretario de Estado de Electrici
Shell and ScottishPower Renewables (SPR) have swapped their stakes in two joint floating offshore wind projects in Scotland, with SPR acquiring full ownership of the 3 GW MarramWind and Shell becoming the sole owner of the 2 GW CampionWind project. After the swap, Shell returned the CampionWind leas
Mingyang Smart Energy and the UK’s Offshore Renewable Energy (ORE) Catapult have signed a contract to provide testing and validation of the main bearing for Mingyang Smart Energy’s 18.5 MW offshore wind turbine. The test piece is scheduled to arrive at ORE Catapult’s National Renewable Energy Centre
China’s Mingyang Smart Energy has signed a Memorandum of Understanding (MoU) with BuhaWind Energy Northern Luzon Corporation (BENLC) for a joint feasibility study on BENLC’s planned 2 GW offshore wind project in the Philippines. Under the MoU, the two companies will jointly explore the suitability o
Cadeler has signed two firm contracts covering the transportation and installation (T&I) of turbines and their foundations for an upcoming offshore wind farm project, with a combined value projected to be approximately EUR 500 million. The foundations T&I campaign is scheduled to commence in early 2
EnBW and JERA Nex bp have committed over GBP 100 million (approximately EUR 113.5 million) to Belfast Harbour to support the development of their Mona and Morgan offshore wind farms in the Irish Sea. The joint venture said the lease of Belfast Harbour’s D1 terminal will see the assembly and marshall
A US federal judge has ruled in favour of the motion filed by the Department of Justice (DOJ) and Bureau of Ocean Energy Management (BOEM) in an ongoing case in Massachusetts, which requested that the case be paused as they will voluntarily remand the approval given to the SouthCoast Wind project ea
ARB Wind has been awarded a multi-year contract for above water foundation inspections and Balance of Plant (BoP) services by Neart na Gaoithe (NnG) Offshore Wind Limited for the 450 MW offshore wind farm in Scotland. ARB Wind will provide dedicated BoP technicians to deliver a wide range of service
The 3.6 GW Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will boost the UK economy by GBP 6.1 billion (approximately EUR 6.9 billion) during its lifetime and support thousands of UK jobs over the next decade, according to a report written by
Denmark’s Copenhagen Infrastructure Partners (CIP) will commit USD 3 billion (approximately EUR 2.6 billion) to build its first offshore wind farm in the Philippines. In a press briefing, Presidential Communications Office Undersecretary and Palace Press Officer Claire Castro said that the company i
The China Merchants Heavy Industry shipyard has begun the construction of a DP 2 cable-laying vessel (CLV) ordered by Greece’s Asso.subsea for the offshore wind market. The steel-cutting ceremony for Althea was held today, 5 November, at the CMHI shipyard on Mazhou Island, Shenzhen, China. “The firs
French Qair has acquired full ownership of the 1 GW Ayre floating wind project and exited the 1 GW Bowdun offshore wind farm in Scotland. Thistle Wind Partners (TWP), a joint venture of Qair, Belgium’s DEME Concessions, and Aspiravi International, developed the two offshore wind projects. Under a re
Ørsted has entered into an agreement with Apollo-managed funds (Apollo) for a 50 per cent equity ownership share in the company’s 2.9 GW Hornsea 3 offshore wind farm in the UK. The total value of the transaction is approximately DKK 39 billion (about EUR 5.2 billion), and the total project investmen
