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Outlook & Strategy

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Marubeni Doosan Vietnam
Outlook & Strategy

Marubeni, Doosan Partner for Offshore Wind Development in Vietnam

Japan’s Marubeni Group and Doosan Enerbility Vietnam (Doosan Vina) have signed a Memorandum of Understanding (MoU) to develop offshore wind power in Vietnam. Following the execution of the MoU, Doosan Vina and Marubeni will jointly study and explore the feasibility and viability of collaboration in

about 2 years ago
Japanese Company Joins IX Renewables for Floating Wind Project in Taiwan
Outlook & Strategy

Japanese Company Joins IX Renewables for Floating Wind Project in Taiwan

Japan’s GF Corporation has joined as a strategic partner in IX Renewables’ Rui-li Phase 1 floating offshore wind project in Taiwan. The Rui-Li 1 project, located off the coast of Hsinchu County, is planned to feature twelve 15 MW wind turbines. The project is set to participate in the upcoming float

about 2 years ago
Varberg Energi to Purchase Renewable Electricity from OX2’s Swedish Offshore Wind Farm
Outlook & Strategy

Varberg Energi to Purchase Renewable Electricity from OX2’s Swedish Offshore Wind Farm

OX2 and Varberg Energi have agreed in principle for Varberg Energi to procure renewable electricity from the Galene offshore wind farm located near Varberg, Sweden, as well as from OX2’s solar project in the vicinity. The long-term goal of the agreement is for the companies to enter into a Power Pur

about 2 years ago
Monash Ocean Winds
Outlook & Strategy

Ocean Winds and Australian University Join Forces on Offshore Wind

Ocean Winds (OW) has signed a Memorandum of Understanding (MoU) with Monash University to work together on establishing a sustainable supply chain for Australia’s offshore wind sector and to explore methods for conserving the nation’s biodiversity. As Ocean Winds expands to Australia with its High S

about 2 years ago
Principle Power HSG Sungdong
Outlook & Strategy

Principle Power, HSG Sungdong Join Forces to Produce WindFloat Foundations in South Korea

Principle Power and South Korea’s HSG Sungdong have agreed to a non-exclusive Memorandum of Understanding (MoU) to jointly advance engineering efforts for the scalable production and assembly of WindFloat technologies. According to Principle Power, the agreement furthers the development of a sustain

about 2 years ago
ENGIE Fabricom and Iemants to Build Dutch Offshore Substations
Outlook & Strategy

European Offshore Wind Substations to Require USD 20 Billion Investment by 2030, Rystad Energy Says

According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estimated total investment of USD 20 billion (approximately EUR 18.6 billion). According to the report, over 120 substations will be installed bet

about 2 years ago
Petrobras Rio de Janeiro pilot project
Outlook & Strategy

Petrobras to Explore Potential Wind Pilot Project Offshore Rio de Janeiro

Brazilian state-run oil company, Petrobras, has signed a Protocol of Intentions with the Rio de Janeiro state government to conduct joint studies to assess the feasibility of implementing an offshore wind pilot project. According to Petrobras, the agreement establishes cooperation mechanisms, aligns

about 2 years ago
Two UK Firms Forge Ties to Drive Innovation in Offshore Wind Cables
Outlook & Strategy

Two UK Firms Forge Ties to Drive Innovation in Offshore Wind Cables

UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developments. London-headquartered 2H provides structural, hydrodynamic, geotechnical engineering and related digital and integrity services for fixe

about 2 years ago
ENMARO Pondera Consult
Outlook & Strategy

Pondera Consult and ENMARO Eye Wind Opportunities Offshore Poland

The Netherlands’ Pondera Consult and ENMARO (Energy Market Observer sp. z o.o.) have signed an agreement to jointly source, define, and target potential offshore wind project opportunities in Poland, leveraging their combined products and services as a consortium. The agreement was signed in Świnouj

about 2 years ago
South Koreans Aim for Global Supply with Opening of New Offshore Wind Cable Plant
Outlook & Strategy

South Koreans Aim for Global Supply with Opening of New Offshore Wind Cable Plant

South Korean Taihan Cable & Solution has opened the first phase of its submarine cable plant that will supply the offshore wind industry. The submarine cable plant, covering around 44,800 square metres behind Godae Pier at Pyeongtaek’s Dangjin Port, is being constructed in two phases. The first phas

about 2 years ago
OEG SOMAC
Outlook & Strategy

OEG Renewables and SOMAC Forge Japanese Offshore Wind Alliance

OEG Renewables and Sojitz Machinery Corporation (SOMAC) have signed a Memorandum of Understanding (MoU) to offer renewable service solutions to the growing offshore wind market in Japan. Under the MoU, the companies will provide pre-construction, operations and maintenance (O&M), and vessel services

about 2 years ago
RWE Sweden
Outlook & Strategy

RWE Eyes Another Swedish Port for Baltic Sea Offshore Wind Hub

RWE and Smålandshamnar AB, which operates the Swedish Port of Oskarshamn, have signed a Memorandum of Understanding (MoU) to explore the port’s potential to become a Baltic Sea offshore wind hub. The aim of the collaboration is to explore whether the port could be a suitable harbour for the logistic

about 2 years ago
Ellevio, Deep Wind Offshore Team Up for Swedish Offshore Wind
Outlook & Strategy

Ellevio, Deep Wind Offshore Team Up for Swedish Offshore Wind

Deep Wind Offshore and the Swedish electric power distribution company, Ellevio, have entered into a long-term partnership to connect offshore wind power to the grid. The collaboration aims to explore new models for onshore and offshore grids, and new solutions that can accelerate climate adaptation

about 2 years ago
Cyan DRS KWP
Outlook & Strategy

Cyan Bolsters South Korea Offshore Wind Ties

Cyan Renewables, a portfolio company of Seraya Partners, has signed a Memorandum of Understanding (MoU) with DRS KWP to support the offshore wind industry in South Korea. South Korea’s DRS KWP, a subsidiary established by the Dae-Ryuk Shipping (DRS) Group, is currently serving as a provider of crew

about 2 years ago
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