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Business & Finance

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An offshore wind farm
Business & Finance

LS Cable Wins Preferred Supplier Status for CIP’s Taiwanese Offshore Wind Project

Copenhagen Infrastructure Partners (CIP) has signed a preferred supply agreement with LS Cable for the supply of offshore and onshore cables to Feng Miao 1, the company’s third offshore wind project in Taiwan. Under the agreement, Korea-based LS Cable will supply offshore export cables, inter-array

about 2 years ago
DEME Offshore TWP COWI
Business & Finance

TWP Picks COWI for Pre-FEED Work on Scottish Offshore Wind Farms

COWI has been awarded a contract by Thistle Wind Partners (TWP), a partnership between DEME, Qair, and Aspiravi, to conduct pre-front-end engineering design (FEED) studies for the Ayre and Bowdun offshore wind farms in Scotland. Under the contract, COWI will carry out a Pre-FEED study for TWP’s Ayre

about 2 years ago
Azerbaijan WindEurope
Business & Finance

Azerbaijan and WindEurope Form Offshore Wind Pact

WindEurope and the Azerbaijan Renewable Energy Agency signed a Memorandum of Understanding (MoU) to advance the deployment of onshore and offshore wind energy in Azerbaijan and the wider Caspian Sea area. By signing the memorandum WindEurope and the Azerbaijan Renewable Energy Agency pledge to coop

about 2 years ago
Illustration/Offshore floating solar with offshore wind (Courtesy of SolarDuck)
Business & Finance

Work Starts on World’s Largest Floating Solar Project, Part of RWE’s OranjeWind

The Nautical SUNRISE consortium partners have commenced the project whose goal is to facilitate research and development of offshore floating solar systems and its components. The project aims to integrate a 5 MW offshore floating solar system within RWE’s OranjeWind, a wind farm to be built 53 kilo

about 2 years ago
RWE and Masdar Wrap Up Dogger Bank South Deal
Business & Finance

RWE and Masdar Wrap Up Dogger Bank South Deal

Abu Dhabi-based Masdar has completed its acquisition of a 49 per cent shareholding in the 3 GW Dogger Bank South (DBS) offshore wind project in the UK. RWE will lead the project’s development, construction, and operation with a 51 per cent stake over the entire term. Masdar and RWE signed an agreeme

about 2 years ago
Atlantic Oceanic Buys MPSV as Part of Its Ongoing Fleet Growth Program
Business & Finance

Atlantic Oceanic Buys MPSV as Part of Its Ongoing Fleet Growth Programme

Offshore ship-owning group Atlantic Oceanic (UK) has acquired an advanced DP2 multi-purpose supply vessel (MPSV) as part of its ongoing fleet growth programme. The vessel, named Atlantic Spirit and previously known as Tek-Ocean Spirit, is an 87-metre-long specialist MPSV equipped with a DP2 dynamic

about 2 years ago
Three Partners Unite for Landmark Hybrid Wind-Solar Farm Offshore Italy
Business & Finance

Three Partners Unite for Landmark Hybrid Wind-Solar Farm Offshore Italy

Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies

about 2 years ago
Orsted South Fork Wind first turbine
Business & Finance

Ørsted Has 6.7 GW of Offshore Wind Under Construction

Ørsted has 6.7 GW of offshore wind under construction in 2024 across several projects worldwide, more than ever before in the company’s history, according to a recent newsletter from the global offshore wind developer. The capacity the company has under construction this year is significantly contri

about 2 years ago
South Fork Wind first power
Business & Finance

New York State Selects Two Shovel-Ready, Re-Bid Projects in 4th Offshore Wind Solicitation

New York State Energy Research and Development Authority (NYSERDA) has selected Equinor’s Empire Wind 1 and Ørsted and Eversource’s Sunrise Wind projects in the state’s fourth offshore wind solicitation. Both projects secured agreements with the state earlier and re-bid in this procurement round to

about 2 years ago
James Fisher, Tokyo Gas Team Up to Provide Offshore Wind O&M Services in Japan
Business & Finance

James Fisher, Tokyo Gas Team Up to Provide Offshore Wind O&M Services in Japan

James Fisher and Sons and Tokyo Gas Engineering Solutions (TGES), owned by Tokyo Gas Group, have signed a collaboration agreement to jointly provide construction and operations and maintenance (O&M) services in Japan’s offshore wind market. Under the agreement, James Fisher and TGES will support the

about 2 years ago
Ørsted building and flags
Business & Finance

Ørsted Completes Exec Team Overhaul

Ørsted’s Group Executive Team will see Trond Westlie and Patrick Harnett joining on 1 April following Ørsted’s Board of Directors appointing Westlie as the next Group Chief Financial Officer (CFO) and member of the Executive Board, and Harnett as the Chief Operational Officer (COO) on 27 February. T

about 2 years ago
Vestas 15 MW
Business & Finance

Yooshin, Pondera Performing Consultancy Work for Korean 600 MW Offshore Wind Project

Wando Geumil Offshore Wind, the company developing the 600 MW Wando Geumil offshore wind farm in South Korea, whose majority shareholder is KOEN (Korea South-East Power Company), has awarded a contract for operations & maintenance (O&M) strategy consultancy services to Yooshin Engineering Corporatio

about 2 years ago
O2 Telefónica to Buy Electricity from Iberdrola’s German Offshore Wind Farm
Business & Finance

O2 Telefónica to Buy Electricity from Iberdrola’s German Offshore Wind Farm

Iberdrola Deutschland and O2 Telefónica have signed a long-term power purchase agreement to supply renewable power from the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. Under the 15-year agreement, Iberdrola will supply 3,000 GWh of renewable energy to O2 Telefónica from the Balt

about 2 years ago
Iberdrola Preparing Two East Anglia Offshore Wind Projects for UK’s Sixth CfD Round
Business & Finance

Iberdrola Preparing Two East Anglia Offshore Wind Projects for UK’s Sixth CfD Round

ScottishPower Renewables, Iberdrola’s company in the UK, is getting the East Anglia One North and East Anglia Two offshore wind projects ready for the upcoming auction round for Contracts for Difference (CfD). This is according to project updates Iberdrola published as part of its financial results

about 2 years ago
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