Germany's biggest power producer RWE posted lower-than-expected core profit for the first half on Thursday, citing weak wind conditions as well as a muted trading business.First-half adjusted earnings before interest, tax, depreciation and amortization fell by more than a quarter to 2…
Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.S. President Donald Trump's hostility to wind power.The 60 billion crowns ($9…
Ørsted’s Board of Directors has approved the interim report for the first half of 2025, with Rasmus Errboe, Group President and CEO, saying he is satisfied with the company’s strong operational performance which saw earnings of DKK 13.9 billion ($2…
Asia-Pacific region offshore wind developer Synera Renewable Energy (SRE) has awarded a 15-year service contract to Dong Fang Offshore (DFO) for the provision of a service operations vessel (SOV) to support the operations and maintenance (O&M) of SRE’s offshore wind assets…
Offshore wind developers Flotation Energy and Cobra have received full onshore and offshore planning approval for their 100 MW White Cross floating wind project in the Celtic Sea.The proposed offshore wind farm, located 52km off the Devon coast…
Germany's Economy Minister Katharina Reiche warned on Wednesday that flawed site selection and shifting market dynamics were undermining offshore wind tenders, as the country's latest offshore auctions received no bids.Two August tenders for offshore wind energy plants…
Danish engineering group Ramboll has appointed Tommy Flindt as the new Global Director for Offshore Substations within the Wind Division.Effective from August 1, 2025, Tommy Flindt will be responsible for leading Ramboll’s global offshore substations business…
Japan's industry and land ministers on Wednesday designated Matsumae and Hiyama, areas off the northern island of Hokkaido, as promotion zones for upcoming offshore wind power auctions, aiming to bolster the country's renewable energy goals…
Blue Water Suriname has secured rig agency and logistics contract for Noble Corporation’s Noble Developer rig, which is engaged on drilling operation for Petronas offshore Suriname.Blue Water team in Suriname will offer rig agency and the logistics and shorebase support Noble Developer…
Floating liquefied natural gas (FLNG) terminals are gaining momentum on the global LNG market, with capacity expected to triple by 2030 according to research from Rystad Energy.Once hindered by technical and operational challenges, FLNG projects…
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…
Gazelle Wind Power, a Dublin-based floating wind developer, has secured $1.7 million investment through strategic agreement with dstgroup, a Portuguese conglomerate, aimed at advancing floating wind technology and Nau Azul demonstration project off Portugal…
NYU Tandon School of Engineering, in partnership with Equinor, National Offshore Wind R&D Consortium (NOWRDC) and New York City Economic Development Corporation (NYCEDC), announced its selection of the 2025 annual cohort of companies that will…
Some offshore wind turbine (OWT) support structures may fall short of required fatigue life expectations, according to a new Lloyd’s Register (LR) report, which also pinpointed reliability-based inspection as one of the measures to manage fatigue-driven risks in such structures…
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