The consortium of pension fund ABP, pension investor APG and wind energy developer SSE has signed a realization agreement with transmission system operator (TSO) TenneT for the Dutch offshore grid connection of 2 GW IJmuiden Ver Alpha wind farm…
U.K.-based offshore wind crew transfer vessel (CTV) owner Tidal Transit has secured equity financing from maritime and logistics investor HICO Investment Group to expand its fleet with six new electric CTVs (E-CTVs).The strategic expansion is…
Mitsubishi Corp on Monday said it is reviewing how to proceed with its offshore wind projects in Japan given a 'significantly changed' business environment, showing that the country is not immune to rising costs across offshore wind projects globally…
Iberdrola has inaugurated the operation and maintenance (M&O) centre in Saint-Brieuc, where 80 people will work to service its 496 MW offshore wind farm.The center, located in Binic-Établesm, controls and manages the electricity production and maintenance of the offshore wind farm…
Danish offshore wind installation firm Cadeler has signed two contracts with undisclosed clients for the utilization of its newbuild wind turbine installation vessel (WTIV), Wind Mover, starting immediately upon delivery.The vessel, currently under construction at Hanwha Ocean Shipyard in Korea…
Danish offshore wind installation firm Cadeler has taken delivery its new wind turbine installation vessel (WTIV) Wind Maker, the first of the two planned M-class vessels to join its growing fleet.Wind Maker was officially named at a naming ceremony at the Hanwha Ocean Shipyard in Korea…
Ørsted has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down from his position.Mads Nipper joined Ørsted in January 2021. He will step down as CEO on February 1…
Vattenfall and BASF have signed contracts with four suppliers for key components and installation services for Nordlicht 1 and 2 offshore wind farms, hiring EEW Special Pipe Constructions (SPC), CS WIND Offshore, DEME, and Jan De Nul to deliver the projects…
DEME has secured two contracts, valued at over $300 million, for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms in Germany, as well as providing scour protection for the projects.DEME will install…
Port of Virginia’s Portsmouth Marine Terminal has welcomed the arrival of the first substation to be installed at the Coastal Virginia Offshore Wind (CVOW) project.The CS Wind Offshore and Semco Maritime consortium was selected by Dominion Energy…
Ocean services provider DeepOcean has secured a subsea survey contract on the Bałtyk 2 and 3 offshore wind developments in Poland which are jointly developed by Equinor and Polenergia.Under the contract, DeepOcean will conduct geophysical seabed…
Norwegian seismic specialist TGS has secured another offshore wind site characterization contract on the U.K. continental shelf, the second since the beginning of 2025.The contract has a total duration of approximately 30 days and the Ramform…
Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday.Both companies will own 50% of the farm which is expected to be fully commissioned in 2027…
The Japanese government on Wednesday announced a revision of its rules for offshore wind power auctions as the sector globally grapples with delays and soaring expenses driven by tight supply chains and inflation.After a number of consultations…
Vattenfall has signed a power purchase agreement (PPA) with the chemicals group LyondellBasell (LYB) to provide it with fossil free electricity from the Nordlicht 1 offshore wind farm off the German coast.The agreement includes the supply of…