The Crown Estate has launched the third funding round of its Supply Chain Accelerator programme, making GBP 15 million (approximately EUR 17 million) available to support early-stage offshore wind supply chain projects across the UK. Under the new round, businesses can apply for match funding coveri
Port of Blyth has launched an expansion project to support the UK offshore wind sector, with the proposed Battleship Wharf Expansion scheme representing an investment of up to GBP 100 million (approximately EUR 116 million). The upgrades to the port’s marine and terminal infrastructure are planned t
Qair, the developer of the Ayre floating offshore wind farm, has started working on advanced plans for a long-term operations and maintenance (O&M) base in northern Scotland, a facility that is expected to support up to 120 jobs. The floating wind farm is planned to be built at an offshore site east
RWE has announced changes to the management board of its offshore wind business, with CEO Sven Utermöhlen set to leave the company on 30 September 2026. Utermöhlen will not renew his contract and will step down at his own request, after which he will continue to advise RWE’s offshore wind division f
Haesong Offshore Wind, established by Copenhagen Infrastructure Partners (CIP), has signed a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy and Doosan Enerbility to strengthen localisation of South Korea’s offshore wind supply chain. The agreement covers cooperation on the Ha
The State of Massachusetts has activated long-term contracts for the Vineyard Wind 1 offshore wind farm, securing fixed electricity pricing for 20 years and projected customer savings of USD 1.4 billion (around EUR 1.2 billion) over that period, according to the state government. The contracts, anno
North Star and Norwind Offshore have completed acquisitions of vessels from Edda Wind, finalising the split of the company’s service operation vessel (SOV) and commissioning service operation vessel (CSOV) fleet. The two transactions follow Edda Wind’s announcement in March that it had entered into
RWE has signed a 15-year power purchase agreement (PPA) with UK construction materials supplier Breedon Group, under which part of the electricity supply will be provided by the Gwynt y Môr offshore wind farm. The agreement includes RWE delivering around 70 GWh of electricity per year to Breedon unt
The US Department of the Interior (DOI) has reached agreements with Bluepoint Wind and Golden State Wind developers to voluntarily terminate their offshore wind leases in exchange for a total of USD 885 million (around EUR 756 million) that they paid in lease fees, which the US will return to the de
The European Investment Bank (EIB) has approved financing of up to EUR 700 million for the Gennaker offshore wind farm in Germany, developed by Skyborn Renewables. According to information released by EIB, the project’s total cost is around EUR 3.1 billion. The Gennaker offshore wind farm will be bu
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French utility Engie is in discussions with the Trump administration over a potential refund for its offshore wind project leases in the United States, according to Reuters. The talks follow the company’s decision to pause three offshore wind projects under development and book impairments for its j
RWE has extended its agreement with Ziton, a Danish company that specialises in jack-up vessel services for offshore wind operations and maintenance (O&M), for three years. The original, four-year agreement was signed in 2023 and involves Ziton providing vessel, lifting, and auxiliary services for R
Vattenfall will sell its stake in the Muir Mhòr floating offshore wind farm to its joint venture partner in the project, Fred. Olsen Seawind. The deal is subject to approval by Crown Estate Scotland, which holds the seabed lease. Muir Mhòr, located around 63 kilometres off Peterhead, secured seabed
