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…
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…
Azerbaijan's national oil company SOCAR has signed a cooperation agreement with energy services firm Technip Energies for a floating wind pilot project.SOCAR said the two firms would study sustainability measures in the offshore upstream activities…
Dutch marine and offshore services provider Boskalis said this week it has completed the installation of the fifth and final floating wind turbine at the Kincardine floating wind farm off the UK, currently the world's largest floating wind farm…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co has ordered from Huisman a 2,600mt Leg Encircling Crane (LEC), to be installed on Eneti’s newbuild wind turbine installation vessel (WTIV).'The new Leg Encircling Crane has a 147-meter long boom…
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…
Sparrows Group's subsidiary Alpha has said it has been awarded a contract to carry out wind turbine platform modifications in support of a new walk-to-work system at a UK east-coast offshore wind farm.Alpha and Sparrows team will construct and install push-on plates…
Maritime and offshore classification society American Bureau of Shipping (ABS) has classed the 25MW WindFloat Atlantic floating offshore wind farm in Portugal, making it the world’s first classed offshore wind farm of the type.The floating wind…
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…
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…
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…
Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business.The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled…
Norwegian offshore vessel owner Simon Møkster Shipping has recently won a contract with Equinor for service operation vessel (SOV) services for the Hywind Tampen floating wind farm project in Norway.The 88 MW Hywind Tampen, which will be the world's largest floating wind farm once built…
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…
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…
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