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Outlook & Strategy

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Business & FinanceMarket OutlooksTransitionCollaborationFloating WindContracts & TendersBusiness developmentEquipmentInfrastructurePorts & LogisticsInnovationVesselsWind Farm UpdateIndustry
Philippines to Streamline Offshore Wind and Floating Solar Guidelines
Outlook & Strategy

Philippines to Streamline Offshore Wind and Floating Solar Guidelines

Philippine Department of Environment and Natural Resources (DENR) has started working with the country’s Department of Energy (DOE) on updating the offshore wind and floating solar guidelines so they would become components of next year’s National Expenditure Program (NEP). According to the environm

about 3 years ago
Ingka Investments, KEPCO Join UtsiraVIND Floating Consortium
Outlook & Strategy

Ingka Investments, KEPCO Join UtsiraVIND Floating Consortium

Japanese utility Kansai Electric Power Corporation (KEPCO) and Ingka Investments, the investment arm of Ingka Group, have joined the UtsiraVIND consortium, which will be bidding in the upcoming tender in Norway for the Utsira Nord area. The UtsiraVIND consortium originated as a partnership between O

about 3 years ago
Estonia and Latvia to Jointly Develop 1 GW Offshore Wind Farm
Outlook & Strategy

CIP, Ignitis to Jointly Bid in Estonian and Latvian Offshore Wind Tenders

Ignitis Renewables and Copenhagen Infrastructure Partners (CIP), through its New Markets Fund I, have signed an agreement to collaborate on offshore wind opportunities in Estonia and Latvia and intend to jointly bid in the upcoming offshore wind tenders in these countries. Estonia plans to hold auct

about 3 years ago
Navantia SeAH
Outlook & Strategy

SeAH, Navantia Seanergies Form Offshore Wind Ties

Spanish state-owned Navantia Seanergies and SeAH have signed a collaboration agreement for the development of offshore wind in countries on the Asian continent. The collaboration between the two companies focuses on the manufacture of complete floats, components or materials manufactured in Korea or

about 3 years ago
KEPCO Saitec DemoSATH floating offshore wind turbine project
Outlook & Strategy

Japanese Utility Comes Onboard DemoSATH Floating Offshore Wind Project

Japanese utility Kansai Electric Power Corporation (KEPCO) has joined the DemoSATH floating offshore wind turbine project, located in Spain, as a strategic partner and co-investor. “Our partnership with KEPCO marks a significant milestone for the DemoSATH project. KEPCO’s vast experience and conside

about 3 years ago
Energira Vårgrønn Ireland
Outlook & Strategy

Vårgrønn and Energia Renewables Join Forces on Irish Offshore Wind

Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and Energia Renewables have formed a partnership to develop offshore wind projects in Ireland, with the potential to deliver up to 1.8 GW of new capacity by 2030. The partnership said that it will initially focus on Ireland’s south a

about 3 years ago
Technip Energies, Sarens, and Young-Chang Heavy Industry Form Floating Wind Partnership in Korea
Outlook & Strategy

Technip Energies, Sarens, and Young-Chang Heavy Industry Form Floating Wind Partnership in Korea

Technip Energies has signed a Memorandum of Understanding (MoU) with the yard infrastructure provider, Young Chang, and heavy lifting solutions provider, Sarens, to collaborate on floating offshore wind projects offshore South Korea. Carl Sarens, Managing Director of Sarens Projects, said: ”We are l

about 3 years ago
Fugro delivers on mid-term targets with offshore wind activities leading the way
Outlook & Strategy

Fugro Delivers on Mid-Term Targets with Offshore Wind Activities Leading the Way

Fugro has reported a revenue of over EUR 1 billion for the first half of 2023, representing a 24.1 per cent growth from EUR 833 million in the first half of 2022, said to be due to continued high client demand in energy markets, in particular for offshore wind site characterization solutions and rel

about 3 years ago
Nexans' New Third-Generation Cable Layer Will Be Able to Lay Four Cables at Once
Outlook & Strategy

Nexans’ New Third-Generation Cable Layer Will Be Able to Lay Four Cables at Once

Nexans is investing in a new third-generation cable-laying vessel in order to, as the company says, support a record project backlog and meet future needs of offshore wind and interconnector projects. According to Nexans, building upon the cutting-edge technology featured on the flagship vessel Nexa

about 3 years ago
Equinor OWC
Outlook & Strategy

OWC, Equinor Sign Global Master Services Agreement

Offshore Wind Consultants (OWC) has been awarded a global master services agreement (MSA) by Equinor to provide owner’s engineering, technical, and advisory services to support the development of Equinor’s offshore wind and low to zero carbon solutions. The MSA is valid for a period of five years, w

about 3 years ago
Outer Dowsing Corio Generation offshore wind
Outlook & Strategy

Corio Generation Bolsters South Korea Offshore Wind Ties

Corio Generation has signed cooperation agreements with local companies, based in Busan, for the development of offshore wind projects in South Korea. Corio announced it had signed a Memorandum of Understanding (MoU) with GS Entec on 19 July and with Chokwang-Jotun on 20 July, respectively, for its

about 3 years ago
Iberdrola Masdar Baltic Eagle
Outlook & Strategy

Masdar, Iberdrola to Jointly Develop Baltic Eagle Wind Farm Offshore Germany

Abu Dhabi-based Masdar has signed a strategic partnership with Iberdrola to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. According to the terms of the deal, the Baltic Eagle wind farm is valued at approximately EUR 1.6 billion. Under the agreement, Iberdrola will

about 3 years ago
Vattenfall Stops Developing Major Wind Farm Offshore UK, Will Review Entire 4.2 GW Zone
Outlook & Strategy

Vattenfall Stops Developing Major Wind Farm Offshore UK, Will Review Entire 4.2 GW Zone

Vattenfall has stopped the development of the Norfolk Boreas offshore wind power project in the UK and will review the way forward for the entire 4.2 GW Norfolk Zone, the Swedish energy company revealed in its interim report. The developer said that the decision to stop the project was made due to ”

about 3 years ago
OWC-Secures-Geo-Work-at-1-GW-Irish-Floating-Wind-Project
Outlook & Strategy

OWC, WavEC Form Floating Offshore Wind Pact in Portugal

The Offshore Wind Consultants (OWC) has entered into a partnership with Portugal-based WavEC to jointly offer services to the Portuguese offshore wind market. The partners said that this collaboration pools OWC’s global capabilities and track record in more than 50 floating wind projects with WavEC’

about 3 years ago
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