Dominion Energy said in its third-quarter 2025 results that recently imposed US tariffs have been incorporated into the updated cost estimate for the Coastal Virginia Offshore Wind (CVOW) project. The company now places total capital costs for the 2.6 GW offshore wind farm at approximately USD 11.2
The European Investment Bank (EIB) has signed a EUR 500 million green loan with Iberdrola for the 315 MW Windanker offshore wind farm in Germany. The financing is guaranteed by the Spanish export credit agency, Cesce. This transaction with Iberdrola marks the inaugural use of a guarantee developed b
Shell New Energies, a subsidiary of Shell, has voluntarily withdrawn from Atlantic Shores Offshore Wind, bringing an end to its participation in the US offshore wind market. The company has assigned its 50 per cent outstanding membership interests to its existing partner, EDF, with an immediate effe
The UK’s Peel Ports Group has decided to invest a further GBP 10 million (approximately EUR 11.3 million) into its Great Yarmouth site, which is being rebranded as the Port of East Anglia. The newly announced GBP 10 million brings this year’s total investment to GBP 70 million across the site and wi
Japan’s Kansai Electric Power (KEPCO) has signed a Share Subscription Agreement with Ireland-headquartered Simply Blue Group’s offshore wind development arm, Simply Blue Energy OSW (SBE OSW). This marks KEPCO’s first investment involving management participation in an offshore wind developer. SBE OS
The Dutch government has confirmed that no applications were submitted for the latest offshore wind tender for the 1 GW Nederwiek I-A site in the North Sea. The tender closed on 30 October without bids, the Netherlands Enterprise Agency (RVO) said in a press release issued the same day. In a letter
The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and Nippon Kaiji Kyokai (ClassNK) have signed a Memorandum of Understanding (MoU) to explore technology development cooperation in the field of floating offshore wind. FLOWRA is a technical research association that w
India-headquartered Larsen & Toubro (L&T) has been contracted to deliver high-voltage direct current (HVDC) converter stations for Dutch-German grid operator TenneT’s offshore wind transmission programme. Collaborating with Hitachi Energy, L&T has been nominated by TenneT to deliver HVDC converter s
Dong Fang Offshore (DFO) has signed a Memorandum of Understanding (MoU) with GO Offshore (GO), establishing a framework for future cooperation in the offshore wind farm supporting vessel business, as well as offshore oil and gas vessel operations. Under the agreement, DFO will provide vessels to GO
“The pilot plant project in Rio Grande do Norte is no longer just an idea, a dream. We are talking about something concrete, which exists”, said Rodrigo Mello, director at SENAI Institute for Innovation in Renewable Energies (ISI-ER) and its arm in the state of Rio Grande do Norte, SENAI-RN, as the
UK-headquartered Acteon and Taiwan-based marine solutions provider Wynnergy Marine have signed a strategic Memorandum of Understanding (MoU) to jointly deliver renewable energy projects across the region. The partnership supports offshore wind growth in Taiwan by providing integrated solutions that
U-Ming Marine Offshore, a subsidiary of the Far Eastern Group (FEG), and Purus have formed a joint venture, named UPO, aimed at expanding offshore wind operations in Taiwan and the region. “UPO is more than just a partnership; it’s a commitment to shaping the future of clean energy in the Asia-Pacif
IX Renewables has signed a cooperation agreement with Asia Cement Corporation (ACC) for the 180 MW Rui Li 1 floating offshore wind project in Taiwan. According to IX Renewables, this adds new momentum to a sector that has, until recently, been slowing, as the country works to advance its energy tran
Oxan Energy, together with its partners Ocean Connect Energy and SNOW, has renamed the Saare 1 offshore wind project to Avara, which the companies plan to build 60 kilometres off the Estonian coast. Covering an area of 88 square kilometres and designed to deliver up to 900 MW capacity, the name Avar
