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…
Saab UK has delivered its 600th Seaeye Falcon remotely operated vehicle (ROV) produced in Fareham, built for international subsea specialist DISA International.The latest addition joins DISA’s growing fleet of Saab Seaeye vehicles and contributes…
ABS and the Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan signed a memorandum of understanding to collaborate and explore new technologies to support the floating offshore wind industry.FLOWRA is a technical…
Fugro has secured a seven-year framework agreement with EirGrid, Ireland’s state-owned electricity transmission operator, to deliver a full suite of geo-data surveys for the 'Powering Up Offshore - South Coast' project.The initiative will develop…
Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…
Van Oord has completed the installation of all monopile foundations at RWE’s Sofia offshore wind farm, marking a major milestone in the construction of one of world’s largest wind farms.To execute the works, Van Oord deployed offshore wind installation vessel Aeolus…
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…
The Town and County of Nantucket and GE Vernova have signed a $10.5 million settlement agreement for losses resulting from 2024 turbine blade failure on the Vineyard Wind 1 offshore wind project.The settlement is aimed at compensating the town…
The U.K. Planning Inspectorate has concluded its six-month Nationally Significant Infrastructure Project (NSIP) examination period for the Dogger Bank South (DBS) offshore wind farms, with the consent decision now expected within the next six months…
Iberdrola has signed green financing agreement with 24 banks for the East Anglia THREE offshore wind farm, being developed together with Abu Dhabi Future Energy Company (Masdar).The transaction valued at $4.88 billion, which was 40% oversubscribed…
Abu Dhabi Future Energy Company (Masdar) and Iberdrola have agreed to co-invest $6.08 billion in the 1.4 GW East Anglia THREE offshore wind farm in the U.K., in what’s said to be the largest offshore wind transaction of the decade.Under the agreement…
Ørsted has reached financial close on a project finance package for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan, having signed agreements with 25 banks and five Export Credit Agencies (ECAs).With the signed agreements, Ørsted has raised approximately $3…
The Baltic Eagle offshore wind farm in Germany has been fully completed and energized, the joint venture partners Abu Dhabi Future Energy Company (Masdar) and Iberdrola have announced.As the first project completed under the strategic partnership…
The first set of turbines at the 800 MW Dafeng offshore wind project have started delivering power to the Chinese grid.On July 4, China Three Gorges Corporation (CTG)’s offshore wind project in Dafeng, Jiangsu achieved its first grid connection…
DNV, the independent energy expert and assurance provider, has been awarded a contract by offshore wind developer Ventyr for the Design Certification of the Sørlige Nordsjø II wind turbines and offshore substation, Norway’s first bottom-fixed offshore wind farm…