Ocean Power Technologies (OPT) has secured a contract for an AI-capable PowerBuoy for an immediate delivery in the United States.This contract enables the future integration of surface and subsea sensors, and the buoy will be deployed on the East Coast…
Austrian manufacturer of hydraulic lifting and handling systems for marine applications Palfinger Marine has been selected to supply platform cranes for Bałtyk 2 and 3 offshore wind farms, being developed by Equinor and POLENERGIA offshore Poland…
Lighting specialist Glamox has secured a contract from ProCon Wind Energy to supply its LED marine lighting solutions for Thor offshore wind farm, being constructed by RWE offshore Denmark.The contract from ProCon Wind Energy will see lighting…
Hellenic Cables and Asso.subsea have secured a turnkey contract by Réseau de Transport d’ Électricité (RTE) to supply and install export cables for the Dunkerque offshore wind farm.The Dunkerque offshore wind farm, with a planned capacity between 500 and 600 MW…
GBM Works has made progress with the development of its Vibrojet technology, designed to address noise pollution affecting marine life during the installation of foundation piles by using vibrations and water jetting, instead of traditional piling methods…
Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities.The oil…
RWE, Germany's largest utility, on Thursday said it would cut investments by more than a fifth until the end of the decade, citing global uncertainty around renewable energy returns that has forced major sector players to pare back spending plans…
Asset manager Apollo has agreed to acquire a majority stake in offshore energy solutions business OEG Energy Group as part of the transaction worth over $1 billion.Apollo, through its funds managed by its affiliates, will take the majority share…
Portuguese engineering company Etermar Energia has signed a contract Ørsted and PGE to deliver over 100 external platforms for the Baltica 2 offshore wind farm, marking its first major contract in the offshore wind industry.The contract covers…
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495 MW Fengmiao I offshore wind project off the coast of Taichung in Taiwan.Fengmiao I project has secured an approximately $3…
Offshore engineering specialist Enersea and EPCI management expert IX Renewables have signed a memorandum of understanding (MoU) to enhance collaboration in the offshore wind sector.IX Renewables specializes in EPCI management, offering technical…
U.K.-based Enshore Subsea has secured the export cable installation contract for Inch Cape offshore wind farm, one of Scotland’s largest offshore wind farm projects.Inch Cape will have two 85 kilometer, 220kV, three-phase export cables which…
CorPower Ocean has secured financial backing from Vinnova, Sweden’s national innovation agency, for a project exploring the adoption of artificial intelligence (AI) for improved performance and control in wave energy technology.The WACE project…
Twelve businesses in the North East of Scotland targeting success in the offshore renewable energy market have been selected for the the U.K.’s Fit For Offshore Renewables (F4OR) supply chain support program.The program is open to companies looking to break into the offshore renewable energy sector…
RWE has marked significant progress in the construction of its 1.4 GW Sofia offshore wind farm, located on the Dogger Bank off the U.K. east coast, with the first turbine installation expected in the coming weeks.Earlier in March, the project…
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