Offshore Wind News


Iberdrola Sells 49% stake in Baltic Eagle Offshore Wind Farm to Abu Dhabi's Masdar

Jul 26, 2023

Spanish utility Iberdrola has sold a 49% stake in its 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea to Abu Dhabi's Masdar for about 375 million euros ($414.5 million), it said on Wednesday. Iberdrola said that the deal…

Hyundai Mipo Dockyard to Design CSOV

Jul 25, 2023

HD Hyundai Mipo Dockyard has started joint development of a commissioning service operation vessel (CSOV) with Korea Register of Shipping (KR).The two companies agreed to develop their own design and cooperate with domestic companies to ensure…

Nexans to Build Third Cable Laying Vessel

Jul 25, 2023

France-based Nexans has announced an expansion in its presence in the offshore wind and interconnection market, by adding a third cable laying vessel to its fleet.This strategic decision will allow the Group to meet the increasing demand for electrification…

Neart na Gaoithe Offshore Wind Farm Erects First Turbine

Jul 24, 2023

The first turbine was installed at the Neart na Gaoithe offshore wind farm, located 15.5km off the east coast of Scotland.The turbine, with a tip height of over 200 meters, was installed by Siemens Gamesa from the specialist jack-up wind turbine construction vessel…

Britain's Octopus Energy to invest $20B Globally in Offshore Wind by 2030

Jul 24, 2023

Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday. The firm, part of Octopus Energy Group, said the investment…

Singapore-based Cyan Renewables Acquires First Offshore Wind Vessel

Jul 24, 2023

Singapore-based offshore wind vessel firm Cyan Renewables said Friday it had acquired its first vessel from DEME Offshore NL - the Service Operation Vessel (SOV) Groenewind, for an undisclosed fee.The Groenewind is a SWATH vessel used to service offshore wind farms…

Ørsted to Divest 25% Stake in London Array Offshore Wind Farm for $921.6M

Jul 24, 2023

Denmark-based offshore wind developer Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK…

Senesco Launches Jones Act CTV WindServe Genesis

Jul 21, 2023

Senesco Marine on Friday launched the new Jones-Act-compliant crew transfer vessel WindServe Genesis.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part of the Reinauer Group—will operate the CTV. The vessel…

Sino-German Partnership to Build 500MW Offshore Wind Farm in Guangdong, China

Jul 21, 2023

Germany's chemicals giant BASF and China's wind turbine developer Mingyang have agreed to jointly construct and operate an offshore wind farm in South China. For this, the duo has created a joint venture company, Mingyang BASF New Energy (Zhanjiang) Co…

Orsted JV to sell Hornsea 2 Transmission Assets Worth $1.47B

Jul 21, 2023

A joint venture half-owned by Denmark's Orsted has agreed to sell the transmission assets of the Hornsea 2 wind farm offshore Britain to Diamond Transmission Partners Hornsea Two (DTP), the Danish energy group said on Friday. Orsted, which owns…

Van Oord Installs 140km of Inter-Array Cables at Hollandse Kust Noord Offshore Wind Farm

Jul 21, 2023

Dutch offshore installation services firm Van Oord said Friday it had completed installing and burying inter-array cables at CrossWind’s Hollandse Kust Noord offshore wind farm, bringing it a step closer to being fully operational by the end of this year…

Biden Attends Steel Cutting for Great Lakes' Subsea Rock Installation Vessel

Jul 20, 2023

President Joe Biden traveled to Philadelphia on Thursday to attend a steel cutting ceremony for Great Lakes Dredge & Dock Corporation's new offshore wind rock placement vessel, touting his administration’s clean energy agenda and job creation efforts as the U…

British Royal Family to Receive Less from Crown Estate after Offshore Wind Boom

Jul 20, 2023

The British government said on Thursday it would cut the proportion of funds going to the royal family from the Crown Estate next year, after King Charles said he wanted bumper windfarm profits to go to the 'wider public good'. Each year, the…

European Duo Partners Up to Support Floating Wind Farm Development in Nova Scotia

Jul 20, 2023

Dutch firm SBM Offshore, one of the world's largest FPSO suppliers, has teamed up with Irish renewable energy firm DP Energy to pursue floating offshore wind energy opportunities off Nova Scotia with their now formalized new joint venture.The…

US Announces First Offshore Wind Rights Sale in Gulf of Mexico

Jul 20, 2023

The United States announced the first offshore wind power development rights sale in the Gulf of Mexico on Thursday, which President Joe Biden will discuss during a trip to highlight the administration's efforts to boost renewable energy.In February…

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