Ørsted has completed its rights issue, raising DKK 59.56 billion (approximately EUR 7.98 billion) with a subscription rate of approximately 99.3 per cent, the company said on 6 October. Existing shareholders were offered new shares at DKK 66.60 (EUR 8.92) each. The demand for shares not taken up via
Spain’s EOLOS Floating LiDAR Solutions has been awarded a contract to carry out in-situ measurement campaigns for ELWIND, the Estonian-Latvian offshore wind project. The measurement campaign for each site is divided into three phases: preparatory, execution, and data validation and reporting. The ca
Hellenic Cables has been awarded a contract by Seaway7 for the supply of approximately 165 kilometres of 66 kV inter-array cables and associated accessories for the East Anglia Two offshore wind farm in the UK. Hellenic Cables’ scope of work includes the engineering, design, manufacturing, testing,
DEME has secured a contract for the transport and installation of inter-array cables on the 900 MW Nordseecluster B offshore wind farm in the German North Sea, owned by RWE (51 per cent) and Norges Bank Investment Management (49 per cent). Under the contract, the Belgian offshore construction specia
South Korean Taihan Cable & Solution has begun the construction of its second submarine cable manufacturing facility, which will, once operational, deliver a production capacity nearly five times greater than the company’s first submarine cable plant. The Dangjin Submarine Cable Plant 2 is located a
JERA has transferred a portion of its ownership interests in Japan’s Ishikari Bay New Port offshore wind farm, through its renewable energy subsidiary JERA Nex, to a newly established investment company formed by Hokkaido Electric Power and Tohoku Electric Power. Following the transfer on 30 Septemb
RWE has entered into a seven-year power purchase agreement (PPA) with the British Co-op Group, one of the world’s largest consumer co-operatives and the UK’s fifth biggest food retailer, for electricity produced by the Gwynt y Môr offshore wind farm. Under the PPA, RWE will supply Co-op with a total
Norway’s Goodtech has been awarded a contract by Equinor to provide the SCADA and control room solution for the operation centre of Bałtyk 2 and 3 offshore wind farms in Poland. Goodtech will deliver the Central Control Room solution, which includes a common SCADA system for monitoring and situation
Pacifico Energy Korea has secured approval for an Electricity Business License (EBL) from the Ministry of Trade, Industry and Energy (MOTIE) for its 420 MW Myeong Ryang offshore wind project. Pacifico Energy Korea is currently developing the 3.2 GW Jindo offshore wind project cluster, consisting of
Vard has delivered the first commissioning service operation vessel (CSOV) to Windward Offshore, Windward Athens, which marks the German company’s entry into the offshore wind operations & maintenance (O&M) market. Windward Offshore has three more CSOVs under construction at Vard. Built by Vard in N
Jan De Nul has ordered a new subsea rock installation vessel (SRIV) in response to the growing global demand for the protection of underwater infrastructure. The vessel will primarily focus on projects in the energy sector, with the North Sea and Southeast Asia regions being the core of its operatio
Eiffage, through Smulders, has been awarded a contract by the French transmission system operator (TSO) RTE to develop and build three substations for the Bretagne Sud, Narbonnaise Sud-Hérault, and Golfe de Fos French offshore wind farms. Overall, the engineering, procurement, construction, installa
Ørsted has signed a Memorandum of Understanding (MoU) with Korea South-East Power (KOEN) to explore KOEN’s potential participation in the development of Ørsted’s 1.4 GW Incheon offshore wind project in South Korea. Located approximately 70 kilometres off the coast of Incheon, the 1.4 GW project is t
The Inverness and Cromarty Firth Green Freeport (ICFGF) has signed a Memorandum of Understanding (MoU) with the UK and Scottish governments and The Highland Council, creating a formal framework for cooperation in developing the Highlands as a major international hub for the offshore wind and renewab
