Boskalis’s offshore energy division saw 50 per cent of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on 7 March. Company-wide, Boskalis reported a 20 per cent increase in revenue and a 150 per cent higher n
Corio Generation has signed a memorandum of understanding (MOU) with Power Generation Joint Stock Corporation 3 (EVNGENCO3), a subsidiary of Vietnam Electricity (EVN), to collaborate in preparing long-term strategies for offshore wind project development. The MOU between Corio, a portfolio company o
The rights to the gravity tripod offshore wind foundation developed by the UK company Offshore Wind Logistics and Construction (OWLC) have been put up for sale following an appointment of administrators who initiated an accelerated sale of the business. OWLC says its gravity tripod foundation can de
Odfjell Oceanwind, Source Galileo, and Kansai Electric Power Company have received NOK 2 billion (approximately EUR 175 million) in state funding from Norwegian government agency Enova for its GoliatVIND floating offshore wind project. Located approximately 95 kilometres from Hammerfest at a depth o
Vestas has received a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn in the northwestern part of Denmark. The order comprises one V236-15.0 MW wind turbine and includes supply, delivery, a
Fincantieri-owned Vard has signed a contract with Navigare Capital Partners, in close cooperation with Norwind Offshore, for the design and construction of one tailor-made Commissioning Service Operation Vessel (CSOV). The parties have also agreed on new options for two additional vessels. Scheduled
Finland’s Suomen Hyötytuuli will conduct a full demerger, transferring its wind farms to a new firm of the same name, while Tahkoluoto Offshore Oy will take ownership of the Tahkoluoto demonstration and extension project as part of efforts to strengthen offshore wind production. To prepare for a sig
Following a retrofit campaign, TDI-Brooks’ new research vessel has arrived on the US East Coast where it will perform offshore wind work. The RV Nautilus, formerly known as Nautical Geo, reached the shores of the East Coast on 3 March after undergoing a six-month retrofit in Las Palmas. The 75-metre
Denmark’s Copenhagen Infrastructure Partners (CIP) through its Growth Market Funds, has signed a Memorandum of Understanding (MoU) with Vietnam’s oil, gas, and renewable energy group, PetroVietnam to launch a collaboration on renewable energy and offshore wind. Under the MoU, the two companies will
Spanish renewable energy giant Iberdrola, which owns around 81.6 per cent of its US subsidiary Avangrid, has launched an offer to acquire the remaining 18.4 per cent in the Connecticut-headquartered company for USD 2.48 billion (EUR 2.28 billion). Iberdrola says it wants to increase exposure to the
The UK government has revealed the budget of over GBP 1 billion (approximately EUR 1.2 billion) for this year’s Contracts for Difference (CfD) Allocation Round 6 (AR6) with the majority of it, GBP 800 million (around EUR 936 million), earmarked for offshore wind. The Department for Energy Security a
EOLOS Floating LiDAR Solutions has been awarded three of the four lots in the Dutch government’s tender for wind and ocean site assessments at two new offshore wind areas. This is the largest single project award for EOLOS to date, according to the Spain-based company, which recently also secured a
Netherlands-based company BV Twentsche Kabelfabriek (TKF) has produced its first power cores in its new cable factory in Eemshaven. The company produced three power cores for the type test cable, which were provided with the welded aluminum screen and PE outer sheath. The investment in the new fact
Elia, through its subsidiary WindGrid, has acquired a 35.1 per cent stake in the US company energyRe Giga, a subsidiary of energyRe, the co-developer of the 2.4 GW Leading Light Wind offshore wind project in New Jersey. The transaction, which closed at the beginning of February, is worth USD 400 mil
