Thai energy company, Global Power Synergy Pcl (GPSC), on Thursday said it had acquired a 25% stake in a Taiwanese offshore wind farm for $500 million.The deal comes a day after it announced a $453 million investment in a solar project in India…
Shares in Siemens Gamesa tumbled as much as 17% on Thursday after the wind turbine maker warned of a possible loss due to sharp increases in raw materials prices and product ramp-up costs.Parent Siemens Energy scrapped its own margin target…
Former BP Plc Chief Executive Tony Hayward will lead the listing of a $175 million shell company aimed at investing in green energy projects in Europe, a bank working on the deal said on Thursday.The Special Purpose Acquisition Company (SPAC)…
DNV, an energy industry consultancy and assurance provider, said Thursday it would lead the process safety study to identify the main environmental, safety and operational risks for what they say will be the world's first offshore hydrogen production facilities…
BP and EnBW announced the names of their new offshore wind projects in the Irish Sea off Wales on Wednesday, as well as a dedicated supplier portal for the projects.The two offshore wind farms - named Morgan and Mona - will once built, have a combined potential generating capacity of 3GW…
Spanish renewable energy giant Iberdrola has awarded the final key contract for the construction of its Baltic Eagle wind farm in Germany.The contract is for the construction of offshore foundations, and the winners of the order are EEW SPC and Windar…
Belgian offshore installation service provider DEME Offshore has installed the DolWin6 High Voltage DC (HVDC) cable in the German North Sea, using its LNG-powered DP3 vessel Living Stone. DolWin6 has a transmission capacity of 900 MW and is owned and operated by transmission system operator TenneT…
Renewable energy firm EDP, energy services provider TechnipFMC and other research partners are teaming up to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power…
Predictive digital twin technology can reduce the steel weight and associated costs of offshore wind jacket foundations by up to 30 percent, a study has shown.Offshore energy industry consultants and digital twin tech provider Akselos and offshore…
Offshore installation firm Jan De Nul has signed a final contract for the transport and installation of 87 GE Haliade-X 14 MW offshore wind turbines for the third phase of the giant Dogger Bank wind farm that will be built in the North Sea off the coast of the UK…
Italian oil giant Eni is working to boost its renewable energy portfolio further after it last year entered the Dogger Bank, the world's largest offshore wind project, on its path towards delivering 60 GW of renewables installed capacity by 2050…
Danish wind turbine manufacturer Vestas has been named as a pre-selected tenderer at EnBW’s 900 MW He Dreiht offshore wind project in the German North Sea.Depending on a firm and unconditional order eventually being signed, the project will…
Blue Water Shipping announced it has hired John O’Keeffe as its new Head of Renewables, Americas, as the Denmark-based transport and logistics company looks to make further inroads into the burgeoning U.S. offshore wind market.O’Keeffe, a former maritime captain with vast experience in the U…
Offshore wind development firm Ørsted has teamed up with onshore wind community engagement firm Falck Renewables and floating wind expert BlueFloat Energy, to participate in the upcoming ScotWind leasing round in Scotland-'The consortium is…
Subsea energy services firm Subsea 7 said Thursday it had agreed to merge its renewables business with OHT, and Oslo-listed heavy lift and transportation vessel owner which is building a fleet of offshore wind installation vessels, too.The combined…
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