Japanese “K” Line Wind Service (KWS) and Singapore-headquartered EGS Survey (EGS) have established a joint venture company specialising in offshore geo-surveys which recently completed its first survey contract for the Happo-Noshiro offshore wind project. At the Happo-Noshiro site(s), located off th
Some 900 jobs in GE Vernova’s offshore wind business unit could be lost as the company plans to downsize the business. “On September 19, we submitted a proposal to the GE Vernova European Works Council related to proposed changes in our Offshore Wind business globally. The proposal reflects industry
Australia-based offshore wind and renewable energy investor Macquire is reportedly considering the sale of its offshore wind portfolio company Corio Generation. Reuters reported on 1 October that Macquarie had engaged advisors for a potential sale of Corio, citing sources with knowledge of the matte
Axess Technologies has secured a cable installation contract with HSM Offshore Energy for the Thor offshore wind farm located off the Danish west coast. The scope of work includes project management, engineering, pulling, terminating, and testing the internal platform cables into the Thor offshore s
Vattenfall has signed a multi-year framework contract with Van Oord for the charter of the jack-up vessel, MPI Resolution, which has allowed the company to expand its offshore turbine servicing capabilities. According to Vattenfall, the contract guarantees the vessel’s availability for several month
RWE has signed a capacity reservation agreement with the German company Steelwind Nordenham, for the production of up to 300 monopile foundations for its future offshore wind projects in Europe. Under the agreement, Steelwind will reserve capacity at its German monopile production facility in Norden
Skyborn Renewables has become Ørsted’s joint venture partner on the South Fork Wind and Revolution Wind offshore wind farms in the US as Skyborn’s parent company, Global Infrastructure Partners (GIP), acquired Eversource Energy’s 50 per cent ownership share in the two projects. Eversource initiated
Belgium-headquartered Sarens has signed a memorandum of understanding (MoU) framework agreement with Empire Energy Partners’ Offshore Division to support the development of offshore wind projects in the US. The collaboration, which combines Empire Energy’s engineering, procurement, and construction
Denmark’s Cadeler has signed firm contracts with Polenergia and Equinor for the installation of wind turbines at the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. Following the vessel reservation agreements made in May 2024 with the Equinor-Polenergia joint venture, Cadeler has finalized firm
Vestas has signed a conditional order agreement with Inch Cape Offshore Limited (ICOL), a joint venture between ESB and Red Rock Renewables, to supply V236-15.0 MW wind turbines for the 1.1 GW Inch Cape offshore wind farm in Scotland. The agreement is for the supply, installation, and commissioning
Macquarie Asset Management is set to acquire 100 ownership of Ziton, a Denmark-based provider of operations and maintenance (O&M) services to the offshore wind industry. Macquarie European Infrastructure Fund 7, advised by Macquarie Asset Management, has entered into a share purchase agreement with
Avangrid’s shareholders have approved Iberdrola’s acquisition of the remaining 18.4 per cent of Avangrid’s capital, through a merger operation. The acquisition was supported by approximately 99 per cent of the votes cast, compared to just 1 per cent of votes cast against. The percentage of support a
International chemical company LyondellBasell has agreed to purchase a portion of electricity generated by the Ecowende wind farm in the Dutch North Sea. LyondellBasell signed a 15-year power purchase agreement (PPA) with Eneco, the energy company building the wind farm in the coming years together
Windar Renovables has started preparatory work to construct a new monopile factory in Asturias, Spain. Windar Renovables acquired the construction site on the right bank of the Avilés estuary last March. This land, with a surface area of more than 400,000 square metres, includes several manufacturin
