US renewable energy industry organisations and New York state agencies, as well as the Governor, have responded with criticism to the decision of the US Department of the Interior (DOI) to halt construction on Empire Wind 1. The move has been called a “chilling signal” to investors in the US market
Dutch Fugro has realigned its operations in the Americas by reducing its workforce and scaling back operations due to expected lower revenues caused by a pause in new offshore wind projects. In the financial update for the first quarter of 2025, Fugro stated that rapidly increased geopolitical and e
The Offshore TSO Collaboration (OTC), an initiative established in 2022 that gathers transmission system operators (TSOs) from the European Northern Seas, says that a unified and efficient offshore grid development strategy is needed for the North Sea to maximise benefits for Europe’s energy securit
Despite uncertainty about US markets, one thing is for sure: Norwegian companies still believe in both short-term and long-term opportunities in US offshore wind. Norwegian offshore wind suppliers, including Autronica, DOF and Uptime International, are forging ahead with plans to expand their activi
The European wind industry has proposed a New Offshore Wind Deal for Europe that calls on the governments to auction at least 10 GW of new offshore wind capacity per year, in total, from 2031 to 2040, while the industry has committed to reducing the levelised cost of electricity (LCOE) by 30 per cen
Fugro and Spoor have signed a memorandum of understanding (MoU) to develop a new AI bird-monitoring solution for offshore wind projects. The solution uses video cameras installed on Fugro’s SEAWATCH wind LiDAR and other metocean buoys to record bird activity at offshore wind farm locations. Spoor’s
DEME has signed an agreement to acquire Havfram, an international offshore wind contractor based in Norway. Havfram is primarily owned by Sandbrook Capital, a private investment firm focused on climate infrastructure, and the Public Sector Pension Investment Board (PSP Investments), one of Canada’s
France will fail to meet its offshore wind installation target unless it streamlines permitting and creates a more favourable investment climate, according to new research from the Institute for Energy Economics and Financial Analysis (IEEFA). Despite carrying out numerous tenders since 2011, France
It’s no secret that in 2025, a few stubborn obstacles have slowed the anticipated pace of floating offshore wind development. Some are economic, while others are bureaucratic. But the hurdles only serve to motivate Norwegian wind energy companies, which are tackling industry challenges one innovatio
Offshore wind will be key to the EU’s ambitious plans to double its share of renewables, but challenges including grid connections and supply chain issues may hinder the rapid progress required to achieve this target. Michel Maaskant, Sector Sales Specialist for Offshore Renewables at Aggreko, explo
The University of Manchester has been awarded funding to lead a twelve-month research project to improve the understanding of the energy yield from offshore wind in the UK. The Prediction Of UnqualifieD losseS from offshore wind farm wakes (POUNDS) project aims to provide a national-scale assessment
According to research from Norway-headquartered Rystad Energy, the global offshore wind industry is set for a rebound in 2025, with capacity additions expected to reach 19 GW and sector-wide expenditure projected to hit USD 80 billion (approximately EUR 76 billion). A record wave of lease auctions i
The Danish Energy Agency (DEA) has published results from its survey into the lack of bids for the recent 3 GW offshore wind tender in the North Sea. The companies pointed out that, despite generally very good locations in Denmark, with good wind and seabed conditions, they were unable to make a sat
Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with global energy player Subsea7. The two players reached an agreement in principle on the key terms of a possible merger, which is expected to result in the
