Duke Energy will terminate its offshore wind lease in the Carolina Long Bay area under a settlement agreement with the U.S. Interior Department and reinvest nearly $129 million in additional power generation capacity in the Carolinas, the department said on Monday.(Reuters)
Norwegian shipbuilder Vard has delivered a hybrid construction and cable laying vessel (CLV) to Japan's Toyo Construction, marking its first vessel delivery to the Japanese offshore wind market.The vessel was handed over at Vard Langsten in Norway on June 26…
Equinor has decided to end its offshore wind business activities in Japan, where it has been since 2018 but has failed to win any leases in successive auctions, and close its Tokyo office by the end of 2026.Orsted, the world's largest offshore wind developer…
Ocean services provider DeepOcean has completed the installation and testing of all inter-array cables at the Nordseecluster A offshore wind farm in Germany.DeepOcean's contract included project management and engineering, the provision of cable protection systems…
German utility RWE has agreed to acquire additional indirect stakes in transmission system operator Amprion for $4.1 billion (€3.6 billion), raising its total holding in the company to 55% and expanding into regulated grid infrastructure.RWE has agreed with five shareholders of M31…
Wind turbine installation and service company FairWind has appointed three senior executives to strengthen its blade and service operations in Europe as demand for operations and maintenance services continues to grow across the region.The Denmark…
Amazon and offshore wind developer Skyborn Renewables have signed a 600 MW power purchase agreement (PPA) for electricity from the planned Gennaker offshore wind farm in the German Baltic Sea, marking the largest single corporate renewable power agreement signed in Germany…
A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support across the global maritime sector…
The Trump administration on Wednesday said it would pay $765 million to power project developer Invenergy to terminate four wind leases off the coasts of New York, California and Maine.The Department of the Interior said in a statement that…
Offshore wind services company Venterra Group has launched a cloud-based platform designed to provide offshore wind developers with direct access to real-time metocean measurement data, aiming to reduce inefficiencies associated with traditional data management workflows…
German transmission system operator 50Hertz has awarded a consortium comprising Siemens Energy and Neptun Smulders Offshore Renewables (NSORe) a contract to deliver a 2 GW offshore converter system for the North Sea Connector 2 project, marking…
Oslo-listed consultancy company ABL Group plans to change its name to Aqualis, seeking to eliminate confusion created by the use of ABL as both the name of the listed parent company and one of its operating businesses.The group provides marine…
Scottish floating wind technology developer Encomara has received Product Design Assessment (PDA) approval from the American Bureau of Shipping (ABS) for its Squid floating offshore wind installation system, marking a key certification milestone…
AD Ports Group and offshore wind equipment manufacturer Dajin Heavy Industry have signed a memorandum of understanding (MoU) to explore cooperation in offshore wind supply chain development, maritime logistics, port infrastructure and strategic vessel investments…
Shell is preparing to launch a sale of its offshore wind farms that could fetch more than $1 billion, in the oil giant's latest move away from renewable energy, Bloomberg News reported on Friday, citing people familiar with the matter.The company…
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