Four jacket foundations have departed from Navantia Seanergies’ facilities in Fene, Spain, towards the 496 MW Dieppe Le Tréport offshore wind farm being built in France.Each of these 1,200-tonne structures is part of an offshore wind farm developed by Les Éoliennes en Mer…
Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on Thursday, reversing a 44-million-dirham net loss recorded the previous year.The company's total assets more than tripled in the year ending December 31…
MODEC has received an Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its floating wind turbine concept, the i-TLP2.With its tension leg platform (TLP)-oriented features, the i-TLP2 is said to minimize floater motions and seabed footprint…
Italian offshore services provider Next Geosolutions (NextGeo) has secured two new contracts from Prysmian, worth $23.5 million, to deliver its services for Bay of Biscay interconnection project and offshore wind farm developments in the Netherlands…
Nippon Steel signed a cooperation memorandum with Denmark's wind turbine maker Vestas Wind Systems on Wednesday to supply steel for Vestas' wind towers for European, Asian and Japanese markets, Japan's industry ministry said.The agreement was part of a broader push by Japan's Ministry of Economy…
Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL)…
Chubu Electric Power said on Tuesday its C-Tech unit is still reviewing the feasibility of domestic offshore wind projects with its partner and aims to complete the assessment around this summer.In 2021, Mitsubishi Corp, together with C-Tech…
Onshore wave energy technology firm Eco Wave Power has completed the installation of floaters for its first U.S. wave energy project at the Port of Los Angeles.With this critical milestone achieved, the company is moving full speed ahead toward the official unveiling on September 9…
Subsea cable services company Asso.subsea has secured the nearshore cable installation contract for three key projects under TenneT’s 2 GW grid program, including BalWin4, LanWin1, and LanWin5.The projects are located off the northwestern coast of Baltrum Island…
Inyanga Marine Energy Group has assumed operational management of the newly built hybrid utility vessel Tor Boreas, in partnership with Turkey’s Tor Group, targeting the offshore wind sector.Tor Boreas is 26.95 meters long, with a breadth of 11 meters…
U.S.-based low-carbon marine power, data, and service solutions provider Ocean Power Technologies (OPT) has signed a new reseller agreement with a Latin America-based partner focused on supporting the Mexican offshore and maritime markets.The…
Eco Wave Power has signed an agreement with the Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa.The agreement marks Eco Wave Power's first step…
The Scottish Government has granted joint venture partnership between Ørsted, Simply Blue Group and Subsea7, the developers of Salamander floating offshore wind farm, a go-ahead to build and operate the 100 MW floating wind array.Salamander…
Britain will increase the guaranteed price offered for offshore wind projects in this year’s renewables auction by 11%, government documents showed, amid rising costs for projects due to inflation and supply chain bottlenecks.The Labour government…
Italian energy group Eni said on Friday its second-quarter earnings fell 25% year-on-year as lower oil prices and a weaker dollar overshadowed a better-than-expected performance at its gas business.Adjusted net profit came in at 1.13 billion euros ($1…