In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren
Dutch engineering company, TWD, and its compatriot IX Renewables have signed a Memorandum of Understanding (MoU) to strengthen both companies’ presence in the offshore wind sector in the Asia-Pacific (APAC) region. Under the agreement, IX Renewables will focus on the management of offshore wind deve
Stiesdal Offshore and Copenhagen Infrastructure Partners (CIP) have entered into a partnership to drive innovation and cost efficiency in floating offshore wind. According to the companies, the partners will work to establish Stiesdal Offshore as a long-term leader in the floating wind industry. As
Ocean Winds, a joint venture between EDP Renewables and ENGIE, and Eletrobras have signed a memorandum of understanding (MoU) to study the development of offshore wind in Brazil. The agreement was signed during a ceremony attended by Elio Wolff, Vice President of Strategy and Business Development of
Etha, Sitowise, and Netherlands-based Pondera have joined forces to advance Finnish offshore wind projects, providing a range of services throughout the project lifecycle. Sitowise, a building and infrastructure construction consultancy company, has experience with environmental studies, constructab
Siemens Gamesa will deliver 15 MW turbines for the 750 MW Bandibuli (Firefly) floating offshore wind project in South Korea, with plans for nacelles to be assembled locally as part of an agreement. Doosan Enerbility has signed a memorandum of understanding (MoU) with Siemens Gamesa and Equinor for c
Empire Energy Partners and The Herrick Corporation have formed a strategic joint venture to enhance the US offshore wind supply chain capacity. As the US offshore wind sector grows, Empire Energy Offshore and The Herrick Corporation are looking into the possibility of manufacturing essential compone
Singapore-headquartered Cyan Renewables and Blue Water Shipping have signed a Memorandum of Understanding (MoU) to collaborate on providing a wide range of logistical services for the offshore wind sector in the Asia-Pacific (APAC) region. Under the MoU, the partners agree to provide a wide range of
Nova East Wind, a joint venture between DP Energy and SBM Offshore, has signed a memorandum of understanding (MoU) with the Assembly of Nova Scotia Mi’kmaw Chiefs (Assembly) relating to the development, installation, and operation of its floating offshore wind project in Nova Scotia. According to No
Myclin Express Offshore (MEO Group) and South Korea’s Taihan Cable & Solution have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects. Together, MEO Group and Taihan plan to foster collaboration on offshore wind projects, especially in South Korea, with the deploymen
The global pipeline of floating offshore wind projects has expanded from 244 GW to 266 GW in the last twelve months, reflecting a nine per cent increase, according to a report published by RenewableUK. The number of global projects has increased from 285 to 316, with the pipeline including projects
The Dutch-German transmission system operator (TSO) TenneT has started an initiative to partner with offshore wind farm operators and oil and gas sector operators in the Dutch North Sea for sharing operation and maintenance (O&M) services. With an estimated value (excluding VAT) of EUR 1 million, th
BlueFloat Energy has signed agreements with the Ship and Ocean Industries R&D Center (SOIC) and the CR Classification Society to advance development in Taiwan’s floating offshore wind sector. Additionally, the company formalized a memorandum of understanding (MoU) with National Taiwan University’s O
Avangrid’s shareholders have approved Iberdrola’s acquisition of the remaining 18.4 per cent of Avangrid’s capital, through a merger operation. The acquisition was supported by approximately 99 per cent of the votes cast, compared to just 1 per cent of votes cast against. The percentage of support a
