Malaysia-headquartered Sapura Energy Berhad (SEB) and its wholly-owned subsidiary Sapura Offshore Sdn. Bhd. (SOSB) have been served with a EUR 50 million arbitration claim from Yunneng Wind Power, the developer of the Yunlin offshore wind farm in Taiwan, over alleged contract breaches. The company a
Equinor is bidding in the expedited offshore wind solicitation in New York with Empire Wind 1, the 810 MW project that already secured an Offshore Renewable Energy Credit (OREC) contract in 2019, as the rules of New York’s procurement provide for projects with existing ORECs to bid into the solicita
Amazon has signed a corporate power purchase agreement (CPPA) for a total of 473 MW of Moray West offshore wind farm’s generation capacity to help power its operations when the project becomes operational later this year. The technology giant signed the CPPA with ENGIE, which owns the Moray West pro
A new analysis from Westwood Global Energy Group found that nearly 40 per cent of the 380 GW of pre-sanctioned offshore wind projects that are expected to reach a final investment decision (FID) between 2024 and 2030 may be at risk. The offshore wind farms currently in the pre-FID stage, totalling 3
The Danish company European Energy has decided to cease the development of the Omø Syd (Omø South) offshore wind project in Denmark. European Energy has been developing the Omø South offshore wind project for over ten years and had its environmental impact assessment (EIA) approved in 2020, together
German logistics company DHL Group has signed a long-term power purchase agreement (PPA) with RWE Supply & Trading for electricity generated at the 342 MW Kaskasi offshore wind farm, located in the German North Sea. Under the ten-year agreement, DHL will be offtaking around 104 GWh of electricity pr
Ørsted has unveiled that it is pulling out of an offtake agreement with the State of Maryland for its 966 MW Skipjack Wind offshore wind project in the US. Following consultation with the State of Maryland, Ørsted has withdrawn from the Maryland Public Service Commission Orders approving the Skipjac
Community Offshore Wind, a joint venture of RWE and National Grid Ventures, has submitted a proposal to the New York State Energy Research and Development Authority (NYSERDA) to develop 1.3 GW of new offshore wind capacity in response to New York’s expedited fourth competitive offshore wind solicita
Equinor and BP have reached an agreement to restructure the ownership of their joint US offshore wind projects which, following completion, will result in BP taking ownership of Equinor’s 50 per cent stake in the Beacon Wind 1 and 2 projects and Equinor taking ownership of BP’s 50 per cent stake in
The Humboldt Bay Harbor, Recreation, and Conservation District will receive USD 426.7 million to build a terminal that will serve the construction and maintenance of floating offshore wind farms. The grant is for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project and was awarded by the
Cyan Renewables, a Singapore-headquartered offshore wind vessel owner established in 2022 by investment management company Seraya Partners, has acquired a majority stake in Sentinel Marine to strengthen its position in the UK offshore wind market and boost its local content. Cyan Renewables has acqu
Scotland’s First Minister Humza Yousaf has revealed that three offshore offshore wind projects have been invited to move to Stage 2 of the Strategic Investment Model (SIM) process. The announcement was made at the Scottish Renewables and Offshore Wind Conference in Glasgow. In addition, INTOG offsho
Ørsted has signed an agreement with Eversouce to acquire the company’s 50 per cent share of the 924 MW Sunrise Wind offshore wind farm, a project that would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York fourth solicitation for o
TotalEnergies and European Energy have entered into a partnership to develop offshore wind projects in Denmark, Finland and Sweden. The tie-up will see TotalEnergies acquiring stakes in European Energy’s two Danish offshore wind farms and the partners bidding jointly in the upcoming tenders in Denma
