Great Lakes Dredge & Dock Corporation (Great Lakes) has signed the first-ever subcontract for the procurement of rock for a wind farm offshore the US with Carver Sand & Gravel LLC (Carver), a US quarry in the state of New York. Through this subcontract, Great Lakes will use rock produced in New York
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
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
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
Ørsted has signed an agreement with funds managed by Schroders Greencoat to divest its remaining 25 per cent minority interest in the London Array offshore wind farm in the UK. The total value of the transaction is GBP 717 million (approximately EUR 829 million). Ørsted originally owned 50 per cent
Breesea, Soundmark Wind, and Sonningmay Wind, a joint venture owned by Ørsted (50 per cent) and AXA IM Alts and Crédit Agricole Assurances (CAA) (jointly 50 per cent), have signed an agreement to sell their offshore transmission assets (OFTO) of Hornsea Two offshore wind farm to Diamond Transmission
The Romanian Ministry of Energy has published a draft law on the requirements for the development and procurement of offshore wind energy projects. If enacted in its current form, the proposed framework would enable auctioning off 3 GW of offshore wind capacity in the country’s sector of the Black S
Rhode Island Energy, the largest utility in Rhode Island, has decided that it will not be moving forward on a long-term power purchase agreement (PPA) with Ørsted and Eversource for the Revolution Wind 2 offshore wind farm. The utility, formerly known as National Grid Rhode Island, said that higher
Massachusetts’s electric distribution companies Eversource Energy, National Grid and Unitil have agreed to terminate their power purchase agreements (PPAs) for the Commonwealth Wind offshore wind farm at the request of the project developer, Iberdrola-owned Avangrid, which will pay USD 48 million in
Flotation Energy has signed a multi-million-dollar deal to start environmental surveys in the Bass Strait region in Australia despite licences for potential offshore wind projects not being awarded until later this year. Flotation Energy signed a USD 22 million contract with RPS to commence its two-
Netherlands-based SeaZip Offshore Service has signed a consortium agreement with PŻB Offshore to jointly offer services to the Polish offshore wind market. ‘We have recently been actively engaged in building a network and gaining knowledge about the developing Offshore Energy market in Poland. We ai
CrossWind has awarded Rosetti Marino an Engineering, Procurement, Construction, and Installation and Commissioning (EPCIC) contract for an offshore green hydrogen production and storage plant, located within CrossWind’s Hollandse Kust Noord offshore wind farm in the Netherlands. Rosetti Marino said
SeaRenergy has been awarded a contract by Iberdrola to provide inspection services, maintenance, and repair works on monopiles and transition pieces (TPs) as well as client representatives for all phases of the installation of the Baltic Eagle offshore wind farm in Germany. SeaRenergy’s client repre
Germany’s first dynamic bidding process, covering four offshore wind zones with a combined capacity of 7 GW, has generated EUR 12.6 billion in proceeds, according to the Federal Network Agency. The bidding period for the participation in the tenders for the four areas that were not centrally pre-exa
