The news about the US government rescinding the order to halt Empire Wind 1 construction activities has been welcomed by the offshore wind industry and New York state agencies. With more than 1,500 construction workers involved in the project and its supply chain spanning multiple US states, Oceanti
Equinor and Polenergia have taken a final investment decision for the Bałtyk 2 and Bałtyk 3 offshore wind farms, which will have 1.44 GW of installed capacity in Poland. The total investment of the project is approximately PLN 27 billion (approximately EUR 6.28 billion) in the construction, excludin
The US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has notified Equinor that the stop-work order for the Empire Wind 1 offshore wind project, issued on 16 April, has been lifted. Equinor said on 19 May that the company will now resume construction work on what will be the f
PGE Polska Grupa Energetyczna (PGE) and Ørsted have signed a contract with Smulders for the manufacturing of suspended internal platform cages for the 1.5 GW Baltica 2 offshore wind farm in Poland. The additional steel structures for the foundations allow operational crews access to the wind turbine
BP’s subsidiary BP Gamma and JERA Nex, a renewables arm of Japan’s JERA, have received European Commission (EC) approval to form a joint venture focused on offshore wind projects. The EC concluded that the notified transaction would not raise competition concerns, given the companies’ limited combin
British Parliament has passed legislation for the new publicly owned energy company, Great British Energy (GB Energy), which will invest in clean power projects across the UK as part of the government’s Plan for Change. GB Energy will make available GBP 8.3 billion (approximately EUR 9.9 billion) in
The Maritime Cluster Northern Germany (MCN), the Netherlands Business Support Office (NBSO), Innovation Norway, the Dutch development agency NOM, the Province of Groningen, and Danish Maritime have launched a strategic cooperation with a goal of strengthening the cross-border maritime economy in the
National Grid Ventures has recognised an impairment related to the Community Offshore Wind project of GBP 303 million (approximately EUR 360 million; USD 402 million) in its results for the full fiscal year 2024/2025. The project development was recently paused by the joint venture between RWE and N
RWE plans to sell a stake in its 1.4 GW Sofia offshore wind farm next year, which is currently under construction in the UK. In a press conference call speech published on 15 May, Michael Müller, CFO of RWE AG, said that the company intends to sell stakes in the Sofia offshore wind project next [&he
Spain-based wind turbine tower supplier, Windar Renovables, has joined the Offshore Wind Foundation Alliance (OWFA), expanding the alliance to seven members. “We believe offshore wind energy stands as a proven and vital component in Europe’s path towards net zero, and European foundation manufacture
DEME Group has acquired a 50 per cent stake in Germany-based Bauer Offshore Technology, which provides drilling services for the construction of offshore wind foundations. DEME Group’s wholly owned subsidiary DEME Offshore Holding acquired a stake in the Schobenhausen-based company. Bauer Offshore T
Dutch offshore wind foundation manufacturer, Sif, officially opened its expanded factory at Maasvlakte 2, Rotterdam, on 14 May. Inaugurated by the Dutch Minister for Climate Policy and Green Growth, Sophie Hermans, the new facility has already produced 30 out of the total 56 monopiles for its first
Following reports saying Equinor may pull the plug on the Empire Wind 1 project if the US government does not lift the order halting the construction soon, a company spokesperson confirmed to offshoreWIND.biz it was costing Equinor USD 50 million (around EUR 45 million) per week to keep the project
Buss Energy Group and Wind Multiplikator have won long-term service contracts for turbines at the Global Tech I offshore wind farm in the German North Sea. Wind Multiplikator will be responsible for servicing and maintenance of the 80 Areva M5000 turbines, from statutory inspections and troubleshoot
