The Trump administration said on Friday it was cancelling $679 million in federal funding for 12 offshore wind projects, including $427 million for a California project.The move is the latest in a full-throated effort by the administration to…
Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector.The energy…
Renewable energy consultancy OWC has secured cable engineering support job for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…
The European Commission is providing a €645 million ($755.10 million) grant for a renewable energy cluster near Bornholm in the Baltic Sea, Germany's economy ministry said Thursday, a major step towards the creation of a cross-border offshore hub…
Copenhagen Infrastructure Partners (CIP) has signed a joint development agreement with Petrovietnam to collaborate on the development of an offshore wind project in Vietnam’s south-central region.The project - in early development phase and…
Japan's government wants to re-auction three offshore wind sites abandoned by Mitsubishi-led groups as soon as possible, pending consent from local communities, a senior industry ministry official told Reuters.Trading house Mitsubishi Corp said…
Vattenfall has signed a deal with EMS Maritime Offshore (EMO) to establish an operations and maintenance (O&M) base in the Dutch port of Eemshaven to support construction and operation of its planned Nordlicht 1 and 2 wind farms, which will become Germany’s largest offshore wind project…
A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday.Japan, heavily reliant on energy imports…
Odfjell Oceanwind (OOW) has completed the acquisition of Ørsted`s 80% share in the 100 MW Salamander floating wind farm, located on the east coast of Scotland.OOW will work together with the remaining shareholders of the Salamander offshore wind farm…
Danish power cable maker and services provider NKT has signed a contract with Energinet to deliver a HVDC power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand.Energinet, the Danish transmission system operator (TSO)…
Synera Renewable Energy (SRE) has hired Taiwan-based Century Group to supply wind turbine foundations for its 800 MW Formosa 6 offshore wind project, Taiwan’s single largest offshore wind farm by capacity.Under the contracts, Century Wind Power…
Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments.Orsted, the world's biggest offshore wind farm developer…
Mitsubishi Corp said on Wednesday it would withdraw from three Japanese offshore wind power projects due to soaring costs, in a blow to the energy security goals of a country eager to reduce its dependence on imported fuel.A Mitsubishi-led consortia…
The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing submitted by Attorney General Pam Bondi in the U.S. District Court in Delaware on Friday…
Subsea software-as-a-service provider Elementz Digital has announced a new accelerator program for subsea AI development.The program is backed by Elementz Digital’s strategic advisory board which was formed in May this year and includes representatives…
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