The global fleet of offshore wind installation vessels could support achieving up to 400 GW of offshore wind capacity by 2030, provided that additional vessels are ordered and deployed, alongside supportive market conditions, according to a scenario study by the Kuehne Climate Center. The study also
SAFEEN Drydocks, part of Noatum Maritime and a subsidiary of Abu Dhabi Ports (AD Ports) Group, has acquired full ownership of Astilleros Balenciaga Shipyard in Spain for a total consideration of EUR 11.2 million. The shipyard, which will be known as Balenciaga Shipyard going forward, has delivered a
RWE came out as the winner in a tender that Munich Airport (Flughafen München GmbH) opened last year, looking to award an offshore wind power purchase agreement (PPA). According to an award notice published on a European tender website on 15 January, RWE Supply & Trading and Munich Airport concluded
The Dutch government plans to launch a subsidy-based, 1 GW offshore wind tender in September to ensure its success before the Contract for Difference (CfD) scheme, on which the government is working, is implemented from mid-2027. According to the Dutch Minister of Climate Policy and Green Growth, th
Norway-headquartered subsea services provider OMS Group has signed contracts with Norwegian shipbuilder Ulstein for the design and construction of two cable-laying vessels (CLVs). Designed by Ulstein Design & Solutions, the ULSTEIN SX252 vessels will be 130 metres long and 22 metres wide and will ha
After EnBW decided to exit the Morgan and Mona offshore wind projects in the UK, totalling 3 GW, the company’s joint venture partner, JERA Nex BP, is acquiring EnBW’s stake in 1.5 GW Mona, while the joint venture will not continue with the Morgan offshore wind project. On 15 January, EnBW announced
Only one wind turbine is left to be installed at the Vineyard Wind 1 site off Massachusetts, according to the project owner’s complaint filed with the US District Court for the District of Massachusetts. The 806 MW offshore wind farm was planned to be completed by 31 March and start delivering power
DEME has taken delivery of its second new wind turbine installation vessel (WTIV), Norse Energi, at the CIMC Raffles Shipyard in China, after the first WTIV, Norse Wind, was delivered last year. The company’s new vessels are already contracted on offshore wind projects and will start working in the
All five developers with offshore wind farms under construction in the US are now fighting the suspension order issued by the US Department of the Interior (DOI) in December 2025, as Vineyard Wind, a company owned 50:50 by Avangrid and Copenhagen Infrastructure Partners (CIP), said on 15 January tha
EnBW has decided to withdraw from the Mona and Morgan offshore wind projects in the UK after not securing Contracts for Difference (CfDs) in the UK’s seventh allocation round. The company says that in a challenging investment environment, the two projects are no longer economically viable as per EnB
Some of the offshore wind projects that secured Contracts for Difference (CfDs) in the UK’s seventh allocation round (AR7) are gearing up towards final investment decisions, with the first AR7 projects expected to reach this stage as early as this year, with others following suit in 2027. The FID fo
The Freeport of Riga Authority has formally engaged its first investor for the planned Kundziņsala wind technology production complex, following the investor’s selection in October. The port authority said on 12 January that an investment agreement was signed at the end of 2025 with a special-purpos
Hanwha Group’s renewable energy arm in France, Q Energy France, together with Hanwha Ocean, has entered the pre-qualification process to participate in the upcoming offshore wind seabed leasing in Nova Scotia, Canada, the South Korean company said on 14 January. The Canada-Nova Scotia Offshore Energ
Fugro and PTSC Geos and Subsea Services (PTSC G&S), a branch of Petrovietnam Technical Services Corporation, have signed a new agreement to prolong their partnership in Vietnam by two years. Under an extended Memorandum of Understanding (MoU), the companies will continue jointly supporting Vietnam’s
Global investment firm KKR and RWE have signed an agreement under which KKR acquire a 50 per cent stake in each of RWE’s Norfolk Vanguard East and Norfolk Vanguard West offshore wind projects, totalling 3.1 GW in installed capacity. The wind farms were just awarded Contracts for Difference (CfDs) in
