On 2 December, Lithuanian government approved a draft resolution that would lead to the Port of Klaipeda being upgraded to accommodate facilities supporting offshore wind projects. The resolution will create the necessary conditions for Klaipeda State Seaport Authority to invest in port infrastructu
The floating wind industry could create up to 50,000 direct and indirect jobs in Spain and Portugal over the next two decades, according to a study launched by EIT InnoEnergy. The study, entitled “Iberia as a hub for technology development and industrial leadership in the field of floating wind offs
The Carbon Trust has launched a new joint industry programme focused on optimizing the integration of offshore wind. The Integrator is a programme designed to examine the interplay between offshore wind, existing infrastructure, and other technologies and developments to highlight opportunities for
Polish energy company PKN ORLEN is holding an online meeting with potential supply chain companies for its offshore wind farm project in the Baltic Sea. PKN Orlen, through its subsidiary Baltic Power, holds a license to build wind farms with a maximum total capacity of up to 1,200 MW at a circa 131
Siemens Gamesa has arranged a EUR 300 million loan from the European Investment Bank (EIB) to fund its research and development and innovation (RDI) strategy through 2023. The deal comprises an initial EUR 150 million tranche, and a second tranche for the same amount that may be tapped next year. Th
The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambitions to achieve the coalition’s vision of 1,400 GW of offshore wind by 2050. To support the rapid, global scale-up of ocean-based clean energy, OREAC published The Power of O
The Danish Tax Agency has decided to tax Ørsted’s Walney Extension and Hornsea One offshore wind farms in the UK and the developer has now announced an appeal to this decision to the Danish Tax Appeals Agency. Namely, Ørsted received an administrative decision on 1 December for the tax years 2015 an
ProCon Wind Energy has established an office in the U.S. dedicated to the local offshore wind sector. The office will be located at Groundworks in the Port of New Bedford, Massachusetts. “In addition to this, we are pleased to be supported by Xodus Group in the establishment of our US presence,” Pro
VINCI Energies has acquired offshore wind specialist EWE Offshore Service & Solutions GmbH from EWE. EWE OSS specializes in the operations management and maintenance services of offshore wind farms in the North Sea with an own control centre and 24/7 standby teams, and providing services for their p
The government of Australia’s state of Victoria is pouring the first AUD 108 million (around EUR 67 million) from its clean energy 2020/21 budget into the first steps toward bringing new renewable energy and hydrogen projects, such as the country’s first offshore wind farm, to realisation. The funds
The European Commission has approved the transaction through which Vestas will take full ownership of MHI Vestas Offshore Wind. Back in October, Vestas and Mitsubishi Heavy Industries signed an agreement where Vestas would acquire MHI’s 50 per cent share of the MHI Vestas joint venture. In exchange,
China Gezhouba Group Co. (CGGC) International and Vietnam Construction and Trading Corporation signed an EPC contract for the 350 MW Ca Mau 1 offshore wind project in Vietnam on 11 November. The project is located in the tidal flat area of Sanjiang Dongshe in Nangen County, Ca Mau Province. The tota
Doosan Heavy Industries & Construction has signed a memorandum of understanding with Korea South-East Power Company (KOEN) for the promotion of offshore wind projects in South Korea. The two companies agreed to cooperate on offshore wind farm projects with a combined capacity of 2 GW being developed
Equinor and SSE have reached financial close on the first two phases of the Dogger Bank wind farm project, representing in aggregate the largest offshore wind project financing to date globally. The 3.6 GW Dogger Bank offshore wind project is divided into three 1.2 GW phases, Dogger Bank A, Dogger B
