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Deep Wind Offshore, Dongyang Sign MoU on Offshore Wind in South Korea
Business & Finance

Deep Wind Offshore, Dongyang Sign MoU on Offshore Wind in South Korea

Deep Wind Offshore (DWO) and South Korean marine services company Dongyang have signed a Memorandum of Understanding (MOU) under which the two companies will collaborate to support the offshore wind industry in South Korea. “This MOU represents a key step in building a strong regional collaboration

about 1 year ago
A photo of Ocean Winds' Moray East offshore wind farm in Scotland
Business & Finance

Ofgem Launches Probe into Whether Moray East Was Charging ‘Excessive’ Grid Balancing Prices

The UK’s energy regulator Ofgem has opened an investigation into whether Moray Offshore Windfarm (East) Ltd was charging excessive prices for reducing power output on the request of the National Energy System Operator (NESO) as part of the grid-balancing mechanism. The Moray East offshore wind farm,

about 1 year ago
Inch Cape Awards Foundation Design Contract
Business & Finance

ABL Appointed Marine Warranty Surveyor for 1.1 GW Scottish Offshore Wind Farm

Energy and marine consultancy company ABL will provide marine warranty survey (MWS) services for the Inch Cape offshore wind farm during the entire construction period of the 1.1 GW project in Scotland. ABL will act as marine warranty surveyor for the transport and installation of the jacket and mon

about 1 year ago
Valorem, Sunly Join Deep Wind Offshore on 1+ GW Project in Estonia
Business & Finance

Valorem, Sunly Join Deep Wind Offshore on 1+ GW Project in Estonia

Sunly and Valorem Group have signed an agreement with Deep Wind Offshore which will see the three partners jointly developing the Tuul Energy offshore wind project in Estonia. The project is a large-scale offshore wind farm planned to be built west of Saaremaa Island, Estonia, where Deep Wind Offsho

about 1 year ago
Finland’s Koverhar Harbour Planned to Support Construction of Multi-Gigawatt Noatun Offshore Wind Project
Business & Finance

Finland’s Koverhar Harbour Planned to Support Construction of Multi-Gigawatt Noatun Offshore Wind Project

Euroports Group and the partners behind the Noatun offshore wind project, OX2 and Ålandsbanken Fondbolag, have signed a Letter of Intent (LoI) to establish Koverhar Harbour in Hanko, Finland, as a logistics hub for the construction of the Noatun North offshore wind farm, with an option to use the hu

about 1 year ago
Industry Calls for Europe to Auction 100+ GW of New Offshore Wind Capacity in Next Decade, Commits to Lowering LCOE by 30 Pct
Business & Finance

Industry Calls for Europe to Auction 100+ GW of New Offshore Wind Capacity in Next Decade, Commits to Lowering LCOE by 30 Pct

The European wind industry has proposed a New Offshore Wind Deal for Europe that calls on the governments to auction at least 10 GW of new offshore wind capacity per year, in total, from 2031 to 2040, while the industry has committed to reducing the levelised cost of electricity (LCOE) by 30 per cen

about 1 year ago
Navantia Seanergies, Semco Maritime Enter Offshore Substation Partnership
Business & Finance

Navantia Seanergies, Semco Maritime Enter Offshore Substation Partnership

Navantia Seanergies and Semco Maritime have signed an agreement to partner on building offshore substations and offering lifecycle support. Under the agreement, the two companies will combine their experience and capabilities – that of an industrial-scale manufacturer in offshore wind and an HVAC of

about 1 year ago
ZTT Submarine Cable & System
Business & Finance

ZTT Wins Submarine Cable Contract for 1 GW Chinese Offshore Wind Farm

ZTT Submarine Cable & System (ZTTSC) has been awarded an engineering, procurement, and construction (EPC) contract for the Yangjiang Fanshi II offshore wind project in China. As part of this initiative, ZTTSC will deploy a 500 kV three-core AC submarine cable system, stretching 92 kilometres to tran

about 1 year ago
Luxcara TKF Waterkant
Business & Finance

Luxcara Taps TKF for Waterkant Inter-Array Cables

Luxcara has signed an inter-array cable contract with Twentsche Kabelfabriek BV (TKF) for the Waterkant offshore wind farm in the German North Sea. Under this contract, TKF will be responsible for the 66 kV inter-array aluminum core cables and accessories, totalling 130 kilometres. The supply scope

about 1 year ago
A rendering of Havfram's NG20000X-HF installing an offshore wind turbine
Business & Finance

DEME Strikes EUR 900 Million Deal to Acquire Havfram

DEME has signed an agreement to acquire Havfram, an international offshore wind contractor based in Norway. Havfram is primarily owned by Sandbrook Capital, a private investment firm focused on climate infrastructure, and the Public Sector Pension Investment Board (PSP Investments), one of Canada’s

about 1 year ago
ScottishPower, HSM Offshore Energy Sign East Anglia Two Substation Contract
Business & Finance

ScottishPower, HSM Offshore Energy Sign East Anglia Two Substation Contract

ScottishPower Renewables, part of Iberdrola, has awarded an engineering, procurement, construction, installation, and commissioning (EPCIC) contract to the Dutch company HSM Offshore Energy for the offshore substation and jacket foundation for the East Anglia Two offshore wind farm in the UK. HSM Of

about 1 year ago
Elwind EU co-funding
Business & Finance

ELWIND Opens Tender for Metocean Survey Campaigns at Estonia, Latvia Offshore Wind Sites

The ELWIND project has launched a tender seeking a contractor to carry out in-situ metocean measurement campaigns for offshore wind farms at Estonia and Latvia sites. According to ELWIND, the campaign must be done by a single provider for the two offshore wind farm sites of the ELWIND project. The s

about 1 year ago
VARD Building 121-Metre Taiwan-Bound Subsea Construction Vessel
Business & Finance

VARD Building 121-Metre Taiwan-Bound Subsea Construction Vessel

Norway’s VARD has signed a EUR 113.5 million contract with Taiwan-based Dong Fang Offshore (DFO) to design and build an offshore subsea construction vessel that will be dedicated to performing work in the offshore wind and telecom sectors, with the contract also including options. The 121.3-metre-lo

about 1 year ago
Caledonia offshore wind farm
Business & Finance

GHD Wins FEED Deal for 2 GW Caledonia Offshore Wind Farm

GHD has been selected to provide the electrical front-end engineering design (FEED) for Ocean Winds’ Caledonia offshore wind farm in Scotland. GHD’s involvement includes evaluating two turbine designs and developing the FEED for key electrical components such as inter-array cables, the offshore high

about 1 year ago
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