BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management.The deal, which includes $3 billion in cash and 12 million BlackRock shares…
Offshore wind developer Copenhagen Offshore Partners (COP) announced Rune Damgaard and Jesper Krarup Holst will serve as Co-CEOs of the group’s operations in the Philippines, including development of three offshore wind sites totalling 2 GW…
Ailes Marines, a fully-owned subsidiary of Iberdrola, has completed the installation of all 62 wind turbines that form the Saint-Brieuc offshore wind farm in France.Less than three years after the start of construction and installation works…
The European Union has built 17 GW of new wind energy in 2023, with 3 GW of new capacity coming from offshore wind farms.The WindEurope data shows that Germany built the most new wind capacity followed by the Netherlands and Sweden. The Netherlands built the most new offshore wind…
Dutch company Enersea has designed a new walk-to-work system for Ampelmann, said to be especially suitable for offshore wind market.The newly-designed W-type is an electric gangway system developed for the Service Operation Vessel (SOV) market…
Northern Offshore Services (N-O-S) announced it has taken delivery of two new crew transfer vessels (CTV) from Penguin Shipyard in Singapore.The R-Class sister vessels, Runner and Responder, were officially handed over in 2023 and are now ready for operation in Europe…
The grid connection for Hollandse Kust (west) Alpha offshore substation is officially ready for commissioning after receiving grid readiness certificate three months ahead of schedule.This means that wind farm operator Ecowende can connect the wind turbines…
Danish offshore wind turbine maker Vestas has announced plans to establish a new offshore wind blade factory in Poland.The factory, to be located at Szczecin, is planned to produce blades for Vestas’ flagship offshore wind turbine, the V236-15…
Dutch companies Sif and Ballast Nedam have signed a memorandum of understanding (MoU) to develop a joint venture for the decommissioning of offshore wind farms under the name of BNS Decom.BNS Decom intends to revolutionize the decommissioning process for offshore wind farms…
Shoreline Wind, developer of intelligent SaaS solutions for powering wind energy, announced the appointment of Andrew Pearson as its new chief executive officer.Prior to joining Shoreline Wind, Pearson held CEO roles at range of growth SaaS companies…
As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been…
Canadian pipeline company Enbridge is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems have contributed to offshore projects collapsing, a senior executive said.Rising costs have led to canceled projects in the U…
Mitsui O.S.K. Lines (MOL) and Hokutaku, Japan's largest wind turbine maintenance company, have made an agreement to form a capital alliance as MOL pursues growth in its non-shipping businesses like offshore wind.The capital alliance entails…
Bourbon Subsea Services has installed a floating electrical hub (FEH) at the Eolmed floating offshore wind farm in France, completing the first stage of the 30 MW project.The FEH for the pilot floating farm was installed off Portla-Nouvelle in southern France in fall 2023…
Every single turbine at Vattenfall’s 168 MW offshore wind farm Vesterhav Syd has now delivered power to the Danish electricity grid.The offshore wind farm is now completely connected to the Danish power grid, following the supply of power from the first turbines back in November 2023…