Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.Ocergy…
Belgium-based offshore installation company DEME Offshore and Japanese marine contractor Penta-Ocean Construction are forming a joint venture to focus on the construction of offshore wind farms in Japan. 'The new Joint Venture brings together…
Ireland's state-owned Electricity Supply Board (ESB) last Friday announced a decision to convert Moneypoint, the country's only coal-fired power plant, into the country's first green energy production hub as part of the project called Green Atlantic @ Moneypoint…
Swedish wave energy technology developer Novige AB has received funding from the Swedish Energy Agency for its NoviOcean wave energy converter concept.Novige got a budget of 5.6 MSEK (USD 652,201) approved by the Swedish Energy Agency, where 1…
Offshore wind developer Ørsted has completed the sale of a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG).Ocean Wind is a 1,100 MW offshore wind farm located 15 miles off the coast of southern New Jersey…
U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab (WPL), a Danish firm providing intelligent technology based blade solutions to wind park operators.GEV provides field blade repair…
Dutch offshore installation specialist Heerema Marine Contractors has signed a deal with Singapore's Sembcorp Marine to transport and install an HVDC offshore converter platform for RWE's 1.4 GW Sofia offshore wind farm in the UK.Sembcorp Marine’s…
German engineering group Siemens Energy aims for a slice of the $2.3 trillion U.S. President Joe Biden plans to spend on infrastructure, including power grids and renewables, as the company targets higher sales in its biggest market.Biden last week set out his plans for a transformation of the U…
Marine renewable energy group Ocean Energy Europe (OEE) has appointed CorPower Ocean CEO Patrik Möller and Simon De Pietro from DP Energy as its new Co-Presidents. 'This pairing brings together both technology and project development perspectives…
Luxembourg-based offshore installation contractor Jan De Nul, tasked with installing wind turbines at the Kriegers Flak offshore wind farm in Denmark, said Thursday it had reached the midpoint of the campaign with 36 of 72 wind turbines installed…
Global competition for offshore wind power is so hot that licence auctions now resemble the oil and gas competitions of just a few years ago, and some of the names are familiar too as global oil majors move aggressively into renewable energy…
Norges Bank Investment Management (NBIM), an entity running Norway's $1.3 trillion sovereign wealth fund - popularly known as the oil fund - has agreed to acquire 50 percent in the Borssele 1 & 2 offshore wind farm in the Netherlands from the…
Global Offshore, an offshore trenching and cable installation specialist, has completed a cable installation campaign at Vattenfall’s Kriegers Flak offshore wind farm in the Baltic Sea, off Denmark.The first phase of work, finished last year…
Norwegian shipbuilder VARD has won contracts to build three Service Operation Vessels (SOVs) for the UK-based North Star Renewables. The vessels, to be built in Vietnam, will operate on the Dogger Bank Wind Farm in the North Sea, the world's largest…
Europe's biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.Thanks to early decisions to buy power grids and build renewable plants…
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