Vattenfall and BASF have agreed the sale of 49 per cent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF. Nordlicht is Vattenfall’s second major offshore wind project in which BASF is participating as a partner. In 2021, BASF acquired almost half of the shares in the Hollandse Kust Zuid offshore
Wind turbine manufacturer Vestas has revealed plans to build a nacelle factory and a logistic base for offshore wind turbines in South Korea in partnership with A.P. Moller – Maersk. The plan, part of a wider agreement, is dependent on the pace of market growth and awarded volume for Vestas, the com
The government of Norway has signed a two-way Contract for Difference (CfD) related to the offshore wind farm project in the Sørlige Nordsjø II zone with Ventyr Energi, the winner of the recently held auction. Ventyr Energi, a consortium of Parkwind and Ingka Investments, won the rights to develop t
RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published an Industrial Growth Plan, setting out how to triple offshore wind manufacturing capacity over the next ten years in the UK. The UK offshore wind industry already employs 32,000 people and each
Arctia Meritaito, a subsidiary of Finland’s icebreaking, fairway maintenance, and hydrographic surveying player Arctia, has been tasked with carrying out a hydrographic seabed survey of one of the offshore wind farm areas the Norwegian government plans to auction off next year. Thanks to a contract
Ignitis Renewables, part of Ignitis Group, has submitted a bid for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea as part of the second offshore wind tender in Lithuania. Under the tender regulations, the potential developer can submit either the development fee or r
A new quay in the UK’s Tees Valley that will support SeAH Wind’s new XXL monopile manufacturing facility is set to be operational in early summer 2024. Construction work on the first 450-metre phase of the South Bank Heavy Lift Quay, which started in 2021, is now complete, according to Teesworks Ltd
EnBW and SHS – Stahl-Holding-Saar have signed a 15-year power purchase agreement (PPA) for 50 MW of generation capacity from the 960 MW He Dreiht offshore wind farm in Germany. SHS plans to use the green electricity produced by He Dreiht to power operations at the two major steel companies in the Ge
The joint venture company behind the 1 GW Gwynt Glas floating wind project is set to change ownership structure as EDF Renewables UK, which owns Gwynt Glas together with DP Energy, is entering into a partnership with Irish renewable energy developer ESB and UK-headquartered offshore wind investor Re
Canada Pension Plan Investment Board (CPP Investments) will consolidate its existing direct and indirect offshore wind holdings into Reventus Power, its UK-based portfolio company, which will become its dedicated global offshore wind platform. Subject to customary approvals, the move will see Revent
Norwind Offshore has placed an order for a stand-alone ECMC 7-tonne 3D crane for the commissioning service operation vessel (CSOV) newbuild 952, Norwind Helm. The order extends the delivery of Seaonics’ first electric gangway system to Norwind Hurricane, which occurred on 21 March 2024. The crane is
Ørsted and Cadeler have signed a firm long-term lease agreement for an A-class newbuild wind farm installation vessel. With the agreement, Ørsted secures installation vessel capacity from the first quarter of 2027 to the end of 2030 for upcoming construction projects. The signing of the long-term ag
Scottish Offshore Wind Energy Council (SOWEC) has added seven projects to the three it already selected in February 2024 for priority assessment in the Strategic Investment Model (SIM) funding round. Of these ten projects, five are port facilities, four are supply chain proposals, and one is an equi
The Offshore Renewable Energy (ORE) Catapult and Vattenfall have signed a three-year extension on their testing and demonstration collaboration at the 96.8 MW Aberdeen Offshore Wind Farm, also known as the European Offshore Wind Deployment Centre (EOWDC) in Scotland. The partnership at the 96.8MW of
