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Business & Finance

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FeaturedHeadlinesPress releasesRegional newsBusiness developmentCablesGrid ConnectionInnovationOutlook & StrategyVesselsContracts & TendersFixed-BottomProject UpdatesSupply ChainWind Farm UpdateOnshore InfrastructureCollaborationResearch & DevelopmentTechnologyWind TurbinesFloating WindR&DPorts & Logistics
DEME’s New Offshore Construction Vessel to Be Built in China, Delivery in 2028
Business & Finance

DEME’s New Offshore Construction Vessel to Be Built in China, Delivery in 2028

DEME Group has ordered a new offshore construction vessel (OCV) that will be capable of performing trenching, burial, and cable-laying operations and is set to have a methanol-ready propulsion design for future fuel flexibility. The OCV will be constructed by PaxOcean at the Zhoushan shipyard in Chi

about 10 months ago
New Prysmian Cable Layer Closer to Launch as Hull Comes Together
Business & Finance

New Prysmian Cable Layer Closer to Launch as Hull Comes Together

Italian cabling giant Prysmian Group has completed the hull erection of its new cable laying vessel (CLV), bringing it closer to launch. The DP3 Alessandro Volta will be equipped with three carousels for a total load capacity of 19,000 tonnes, with the system of tensioners able to sustain a maximum

about 10 months ago
Tahkoluoto, Finland's first offshore wind farm
Business & Finance

Metsähallitus Picks Arenso for Offshore Wind EIA Work in Finland

Finnish state-owned enterprise Metsähallitus has selected Arenso Oy to carry out the technical planning of the environmental impact assessment (EIA) programme phase of the Ebba offshore wind project in Finland. The planning work will commence in autumn 2025. Arenso is responsible for the early-stage

about 10 months ago
Elwind EU co-funding
Business & Finance

ELWIND Taps Dutch Company for Grid Connection and Cable Route Study

ELWIND, a joint Estonian-Latvian offshore wind project, has signed a contract with the Dutch company Haskoning to carry out a strategic cable and network configuration study for the planned offshore wind farm areas in both countries. The study will be conducted by Haskoning, together with its subsid

about 10 months ago
Entrion Wind Global Maritime
Business & Finance

Partnership Launched to Advance Deep-Water Monopile Tech Off UK Coast

Entrion Wind has signed a memorandum of understanding (MoU) with Global Maritime to advance its Fully Restrained Platform (FRP) monopile foundation technology through a planned demonstration project in the UK waters. Under the MoU, Global Maritime will provide transportation and installation (T&I) e

about 10 months ago
Cadeler to Install Turbines at Ocean Winds’ First Polish Offshore Wind Project
Business & Finance

Cadeler to Install Turbines at Ocean Winds’ First Polish Offshore Wind Project

Cadeler has signed a firm contract with Ocean Winds for the transportation and installation of turbines at the 390 MW BC-Wind offshore wind farm in Poland. The installation is planned to commence in 2028 and to continue for approximately four months. Cadeler will deploy one of its O-class wind turbi

about 10 months ago
FLOWRA EMEC
Business & Finance

FLOWRA, EMEC to Develop Floating Offshore Wind Test and Demo Site

Japan’s Floating Offshore Wind Power Technology Research Association (FLOWRA) and the European Marine Energy Centre (EMEC) signed a memorandum of understanding (MoU) to explore technology development cooperation in the field of floating offshore wind. Under the agreement, FLOWRA and EMEC will explor

about 10 months ago
Empire Energy Kuehne
Business & Finance

Empire Energy, Kuehne+Nagel Join Forces on Offshore Wind

New York-headquartered Empire Energy and Kuehne+Nagel have joined forces to enhance offshore wind logistics and project delivery. From turbine assembly, commissioning, and operations through to heavy-lift transport, port staging, and international freight forwarding, customers will benefit from an i

about 10 months ago
Intermoor-and-Jumbo-Offshore-Forge-Strategic-Alliance
Business & Finance

Acteon-Jumbo Partnership’s End-to-End Offering Enriches Offshore Oil & Gas and Wind Realms

A new strategic alliance – made up of Jumbo Offshore, a Dutch transportation and installation player, and Intermoor, Acteon’s moorings and anchors business line – has appeared on the offshore oil, gas, and wind scene to tackle floating energy challenges by jointly delivering fully integrated project

about 10 months ago
Mammoet Tugdock
Business & Finance

Mammoet, Tugdock Seal Strategic Pact to Expand Use of Offshore Platform Tech

Mammoet and Tugdock Submersible Platforms Limited (Tugdock) have entered into a strategic partnership to expand the use of the Tugdock Submersible Platform (TSP), which is a modular, submersible platform that allows large floating structures to be transferred seamlessly from quaysides into the water

about 10 months ago
Synera Renewable Energy Siemens Gamesa Formosa 4
Business & Finance

SRE’s Formosa 4 Offshore Wind Farm to Feature Siemens Gamesa 14 MW Turbines

Synera Renewable Energy (SRE) has partnered with Siemens Gamesa for the third time, selecting the company to supply 35 14 MW turbines for the Formosa 4 offshore wind farm in Taiwan. The turbines will be provided by Siemens Gamesa’s industrial nacelle factory in Taichung, Taiwan. The wind turbine fou

about 10 months ago
Smulders ORLEN
Business & Finance

ORLEN Neptun Leases Polish Offshore Wind Terminal to Smulders for Baltica 2

ORLEN Neptun and Smulders have signed a contract for the lease of the Świnoujście Offshore Terminal in Poland. The terminal will serve as a service and logistics base for Smulders, where the company will store and assemble internal platforms for the Baltica 2 offshore wind project. The agreement inv

about 10 months ago
Ørsted Initiates EUR 8 Billion Rights Issue to Build Sunrise Wind, Cover Revolution Wind Halt Impact
Business & Finance

Ørsted Initiates EUR 8 Billion Rights Issue to Build Sunrise Wind, Cover Revolution Wind Halt Impact

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

about 10 months ago
ZTTSC Yangjiang Fanshi II
Business & Finance

ZTT Delivers First Batch of Submarine Cables for China’s 1 GW Offshore Wind Project

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

about 10 months ago
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