Ørsted has signed a Memorandum of Understanding (MoU) with Incheon Metropolitan City, South Korea, to cooperate on developing a regional offshore wind sector. The aim of the agreement is to establish a local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon
A business and academic consortium has kicked off collaboration on the future of floating offshore wind. The TAILWIND project, launched in January 2024, will deliver advanced station-keeping technologies, designed to maintain the position of floating offshore wind farms, according to NKT, which rece
Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy
The Connecticut Wind Collaborative has been launched with the formation of an initial board of directors. The collaborative is part of the state’s offshore strategic roadmap, announced last October, which calls for the new nonprofit to work collaboratively with various parties and stakeholders to ad
Norway-headquartered Deep Wind Offshore has entered into a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind. EU has set a target of 200 million tonnes of hydrogen produced from renewable energy by 2030. The European Commission launched an action plan that could
Plenitude, a Benefit Corporation company of the Italian oil and gas major Eni, has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of wind projects offshore Spain. The agreement with Plenitude bolsters the join
The Dutch offshore wind foundation manufacturer, Sif, and its compatriot Ballast Nedam have signed a memorandum of understanding (MoU) as part of the process of developing a joint venture that specialises in the decommissioning of obsolete and aged offshore wind farms. Named BNS Decom, the joint ven
Eversource Energy expects to record an impairment charge of between USD 1.4 billion and USD 1.6 billion related to three offshore wind projects in the United States the company owns in partnership with Ørsted. The New England utility is currently in the process of divesting its 50 per cent ownership
Northland Power has closed the transaction with Gentari International Renewables through which Gentari acquired 49 per cent of Northland’s ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest in the overall project and will continu
Cadeler and Eneti have rang the bell at the New York Stock Exchange as one entity, marking the merger of the two companies and creating a leading offshore wind installation firm. Following the business combination of Cadeler and Eneti, the combined group will be named Cadeler and be headquartered in
Six energy companies have joined forces and formed the Philippine-based offshore wind industry organisation to provide expertise and technical resource to accelerate the development of offshore wind projects in the country. The organisation, named Pilipinas Offshore Wind Energy Resource Inc. (POWER)
Today, 19 December, the energy ministers of 26 European Union Member States signed the European Wind Charter, by which the state governments officially commit to deliver on the actions set out in the EU Wind Power Package, which the European Commission published in October. The Charter, which was al
Spain-based BlueFloat Energy and Sydney-headquartered Origin Energy have joined forces and applied for a Feasibility Licence to develop the Eastern Rise Offshore Wind Project in the declared Hunter offshore wind zone. The partnership submitted a Feasibility Licence application in November and the Fe
Building on a previous collaboration focused on tower foundations and lifting guidelines, Siemens Gamesa and Vestas, facilitated by Energy Cluster Denmark, have signed a new partnership agreement to increase standardisation within the wind industry. Initially, the partners will standardise equipment
