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Business & Finance

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Cadeler Huisman A-Class vessels
Business & Finance

Cadeler Firms Up Installation Deal for ScottishPower UK Offshore Wind Farm

Cadeler has signed firm contracts for the transportation and installation of wind turbines as well as the foundations for ScottishPower Renewables’ East Anglia Two wind farm off the coast of the UK. Under the contract, Cadeler will be responsible for the transportation and installation of both the f

about 1 year ago
OWC-Secures-Geo-Work-at-1-GW-Irish-Floating-Wind-Project
Business & Finance

Taisei Brings OWC Onboard Japan’s Floating Offshore Wind Plans

Renewable energy consultancy OWC has been awarded a master services agreement by Taisei Corporation to provide support for the development of a floating offshore wind project in Japan. According to the UK-based company, Taisei acknowledges various challenges associated with developing concrete float

about 1 year ago
OEG Expands APAC Fleet with New CTV Order
Business & Finance

OEG Expands APAC Fleet with New CTV Order

OEG Renewables has inked a contract with Strategic Marine for the order of a newbuild crew transfer vessel (CTV) that will support the company’s operations in the Asia Pacific (APAC) region. The vessel, due to be named Wey Feng, is a BMT-designed aluminium catamaran and will be the fourth StratCat 2

about 1 year ago
South Korean Firm to Supply Power Equipment for Ørsted’s Hornsea 4 Offshore Wind Farm
Business & Finance

South Korean Firm to Supply Power Equipment for Ørsted’s Hornsea 4 Offshore Wind Farm

Denmark’s Ørsted has awarded a contract to Hyosung Heavy Industries for the supply of ultra-high voltage power equipment for the Hornsea 4 offshore wind farm in the UK. Under the contract, the South Korean company will supply 400 kV ultra-high voltage transformers and reactors, essential components

about 1 year ago
TechnipFMC, Prysmian Join Forces on ‘Complete Water Column Solution’ for Floating Wind
Business & Finance

TechnipFMC, Prysmian Join Forces on ‘Complete Water Column Solution’ for Floating Wind

TechnipFMC and Prysmian have signed a collaboration agreement to combine their technologies and expertise and deliver what the two companies say is a complete water column solution for floating wind projects. The solution encompasses mooring and anchoring and both dynamic inter-array and export cabl

about 1 year ago
NMDC, Vingroup Team Up on Offshore Wind in Vietnam
Business & Finance

NMDC, Vingroup Team Up on Offshore Wind in Vietnam

NMDC Group and Vingroup have signed a Memorandum of Understanding (MOU) that will see the two companies collaborating on sustainable coastal land development and offshore wind projects in Vietnam. “Through this collaboration, we will undertake large-scale coastal protection, land reclamation project

about 1 year ago
Deep Wind Offshore Chile
Business & Finance

Norwegian Company Enters Offshore Wind Market in Chile, Plans to Build Two Projects

Norway’s Deep Wind Offshore has submitted an application for an area lease to develop one floating and one fixed-bottom offshore wind project along the Chilean coastline. The Chilean government has set a target of 60 per cent of the country’s electricity to be generated from renewable sources by 203

about 1 year ago
Vattenfall Seeks HV Commissioning Services
Business & Finance

Vattenfall Sets Immediate Landfill Ban, Recycling Plan for More Wind Turbine Components

Swedish multinational offshore wind developer, Vattenfall, which committed to a landfill ban on decommissioned wind turbine blades from the wind farms it owns back in 2021, has expanded the ban and set a recycling plan to include not only turbine blades but also permanent magnets, nacelle canopies a

about 1 year ago
An aerial view of Sif's monopile foundation manufacturing site at Maasvlakte 2 terminal in Rotterddam
Business & Finance

Sif, Smulders to Deliver Monopiles and TPs for ScottishPower’s East Anglia Two Offshore Wind Farm

ScottishPower Renewables has awarded Sif and Smulders a contract to supply 64 monopile foundation and transition pieces (TPs) for the 960 MW East Anglia Two offshore wind farm in the UK. ScottishPower Renewables, Iberdrola’s UK arm, signed the contracts with Sif Netherlands for supplying 64 monopile

about 1 year ago
Purus Wind Vard
Business & Finance

Purus Inks Multi-Year CSOV Deal with Vestas

Vestas has signed a multi-year service contract with Purus to utilise the company’s commissioning service operation vessel (CSOV) newbuild which is currently under construction at Vard’s shipyard in Norway. The contract with the Danish wind turbine manufacturer will commence immediately after the ve

about 1 year ago
Brookfield Buys Into Ørsted’s Four Operational Offshore Wind Farms in UK
Business & Finance

Brookfield Buys Into Ørsted’s Four Operational Offshore Wind Farms in UK

Global investment firm Brookfield has bought minority stakes in four UK offshore wind farms owned and operated by Ørsted for around GBP 1.75 billion (approximately EUR 2.1 billion). The buy-in, which Brookfield is pursuing through Brookfield Infrastructure Fund V, will see the investment firm acquir

about 1 year ago
Seaway7 to Wire Ørsted’s Hornsea 3 Offshore Wind Farm
Business & Finance

Seaway7 to Wire Ørsted’s Hornsea 3 Offshore Wind Farm

Ørsted has awarded Seaway7, part of the Subsea7 Group, a contract for the transport and installation (T&I) of the inter-array cables at the Hornsea 3 offshore wind project in the UK. Seaway7’s scope of work covers the transportation and installation of 192 66 kV inter-array cables, measuring approxi

about 1 year ago
Patriot Offshore Equinor Empire Wind
Business & Finance

Equinor Awards CTV Contract for US Offshore Wind Farm

Patriot Offshore Maritime Services, a subsidiary of Liberty Green Logistics based in Lake Success, New York, has been awarded a ten-year crew transfer vessel (CTV) services contract for work on Equinor’s Empire Wind offshore wind farm in the US. The Jones Act-qualified CTV will be constructed in a U

about 1 year ago
Brazilian University and Ocean Winds Team Up for Offshore Wind
Business & Finance

Brazilian University and Ocean Winds Team Up for Offshore Wind

Ocean Winds has signed a memorandum of understanding (MoU) with Brazil’s Federal University of Rio Grande do Norte (UFRN) to promote the exchange of knowledge related to offshore wind energy. According to Ocean Winds, the agreement seeks to align essential elements for the growth of the offshore win

about 1 year ago
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