PGE Polska Grupa Energetyczna (PGE) has obtained environmental approval for its 900 MW Baltica 1 offshore wind project, clearing the way for its participation in Poland’s upcoming offshore wind auction on 17 December 2025. The approval was issued by the Regional Directorate for Environmental Protect
Ørsted has entered into an agreement with Apollo-managed funds (Apollo) for a 50 per cent equity ownership share in the company’s 2.9 GW Hornsea 3 offshore wind farm in the UK. The total value of the transaction is approximately DKK 39 billion (about EUR 5.2 billion), and the total project investmen
Dominion Energy said in its third-quarter 2025 results that recently imposed US tariffs have been incorporated into the updated cost estimate for the Coastal Virginia Offshore Wind (CVOW) project. The company now places total capital costs for the 2.6 GW offshore wind farm at approximately USD 11.2
The European Investment Bank (EIB) has signed a EUR 500 million green loan with Iberdrola for the 315 MW Windanker offshore wind farm in Germany. The financing is guaranteed by the Spanish export credit agency, Cesce. This transaction with Iberdrola marks the inaugural use of a guarantee developed b
Dajin Heavy Industry has shipped the third and final batch of monopiles for the 1.1 GW Inch Cape offshore wind farm in Scotland. The final batch of eight monopiles has set sail from Dajin Heavy Industry’s Dajin Penglai facility. With this shipment, all 22 monopiles for the project have now been disp
All monopiles and almost half of the transition pieces (TPs) have been installed at the Coastal Virginia Offshore Wind (CVOW) project site, with wind turbine installation expected to start this month and the project anticipated to produce first power at the beginning of next year. The offshore wind
Shell New Energies, a subsidiary of Shell, has voluntarily withdrawn from Atlantic Shores Offshore Wind, bringing an end to its participation in the US offshore wind market. The company has assigned its 50 per cent outstanding membership interests to its existing partner, EDF, with an immediate effe
IDESA’s Modernization Journey IDESA, based in Avilés, Spain, is well known in the heavy fabrication sector for its work in offshore energy and pressure vessels. Facing growing demand and increasingly complex projects, the company sought to modernize its production line. A central focus was the rolli
The UK’s Peel Ports Group has decided to invest a further GBP 10 million (approximately EUR 11.3 million) into its Great Yarmouth site, which is being rebranded as the Port of East Anglia. The newly announced GBP 10 million brings this year’s total investment to GBP 70 million across the site and wi
Japan’s Kansai Electric Power (KEPCO) has signed a Share Subscription Agreement with Ireland-headquartered Simply Blue Group’s offshore wind development arm, Simply Blue Energy OSW (SBE OSW). This marks KEPCO’s first investment involving management participation in an offshore wind developer. SBE OS
The Dutch government has confirmed that no applications were submitted for the latest offshore wind tender for the 1 GW Nederwiek I-A site in the North Sea. The tender closed on 30 October without bids, the Netherlands Enterprise Agency (RVO) said in a press release issued the same day. In a letter
Over a two-year period, Wescott Industrial Services – specialists in integrated industrial solutions such as access and protective coatings – successfully delivered a major coating repair campaign on all 102 Main Access Platform (MAP) cranes on the East Anglia ONE offshore wind farm. The campaign wa
The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and Nippon Kaiji Kyokai (ClassNK) have signed a Memorandum of Understanding (MoU) to explore technology development cooperation in the field of floating offshore wind. FLOWRA is a technical research association that w
India-headquartered Larsen & Toubro (L&T) has been contracted to deliver high-voltage direct current (HVDC) converter stations for Dutch-German grid operator TenneT’s offshore wind transmission programme. Collaborating with Hitachi Energy, L&T has been nominated by TenneT to deliver HVDC converter s
