On 29 November, New Jersey Governor Phil Murphy directed the New Jersey Board of Public Utilities (NJBPU) to launch the fourth offshore wind solicitation in early 2024. New Jersey’s fourth solicitation project awards are expected in early 2025. The Governor’s action reaffirms the State’s commitment
Belgium-headquartered offshore wind contractor DEME and Greek renewable energy developer FARIA Renewables have signed a cooperation agreement that could see the two companies jointly developing offshore wind farms in Greece. FARIA Renewables, established this summer, aims to have an offshore wind an
Equitix and Tokyo-based TEPCO Power Grid (TEPCO PG) have reached financial close on the approx. GBP 600 million Triton Knoll Offshore Electricity Transmission (OFTO) project. The Triton Knoll OFTO Transmission Assets include two offshore substations, two 220 kV subsea export cable circuits (approxim
Fashion companies, BESTSELLER and H&M Group have pledged to invest in the first utility-scale offshore wind project off the coast of Bangladesh, which is being developed by Copenhagen Infrastructure Partners (CIP) together with local partner Summit Power. The announcement was made Tuesday at the ong
Ørsted has completed the divestment of 50 per cent of its 253 MW Gode Wind 3 offshore wind farm in Germany to funds managed by Glennmont Partners from Nuveen. The two companies signed an agreement for the 253 MW offshore wind project in October this year. The Gode Wind 3 offshore wind farm was award
Denmark’s Copenhagen Infrastructure Partners (CIP) has launched a new fund, which has a target size of USD 3 billion, intending to enable more than 10 GW of renewable energy capacity. Announced during COP28, the Growth Markets Fund II (GMF II) will be focused on developing and building offshore and
US-based Great Lakes Dredge & Dock Corporation (Great Lakes) has been awarded a rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast of the US. Great Lakes will use the first Jones Act-compliant subsea rock installation vessel, the Acadia,
Vattenfall and BASF are in exclusive discussions to partner on the Nordlicht 1 and 2 offshore wind farms in Germany through a sale of 49 per cent of the project shares to BASF. To formally express their joint ambition, the two companies have signed a Memorandum of Understanding (MoU). The signing of
Iberdrola and Masdar have signed a strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in Germany, the UK, and the US, which also includes an investment in Iberdrola’s 1.4 GW East Anglia 3 offshore wind project in the UK. After the parties’
Wood Thilsted has signed a five-year framework agreement with Equinor for turbine foundations engineering. The framework agreement covers engineering studies (feasibility, concept, pre-FEED, and FEED), general engineering support, and specialist studies. It also includes detailed engineering and man
RWE has signed an agreement with UAE’s Masdar as a partner for its 3 GW Dogger Bank South (DBS) offshore wind projects in the UK. The partners acknowledged the signing of the new partnership during a ceremony at COP28 in Dubai. Masdar will acquire a 49 per cent stake in the landmark renewables proje
The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other.
Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi
OX2 has agreed with Ingka Investments, the investment arm of Ingka Group, the biggest IKEA retailer, to sell a 49 per cent stake in next-generation Swedish offshore wind projects. The transaction includes the Pleione offshore wind projects, located east of Gotland, and Neptunus, located southeast of
