Swiss private equity firm Partners Group said it has agreed to sell its 20% stake in Dutch offshore windfarm Borssele III / IV to Swiss Life Asset Managers.Borssele is a fully operational offshore windfarm located 55 kilometers from the Port of Vlissingen in the Netherlands…
Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…
The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The…
Bouygues Travaux Publics said Tuesday it had acquired the OO-STAR floating wind foundation technology, owned by Floating Wind Solutions.'This technology can be adapted to a wide range of marine environments, reducing the carbon footprint of…
A Bladt Industries and Semco Maritime consortium has been appointed as the preferred supplier of two offshore substations for the Baltic Power offshore wind project in Poland, being developed by a joint venture of ORLEN Group and Northland Power Inc…
Lamprell has signed a contract, worth over $200m, and received a full notice to proceed from the developer of the 882MW Moray offshore wind project, off Scotland.The work, first reported March 22 as a capacity reservation agreement, was confirmed by Lamprell on Thursday…
Tidal energy developer Minesto has this week launched its second Dragon Class tidal kite in Vestmanna, Faroe Islands, and has started producing electricity.The tidal energy power plant “Dragon 4” will benefit from previous configuration testing executed with the first unit…
Denmark's Maersk Supply Service and renewable energy pioneer Stiesdal Offshore have entered into a strategic partnership to offer combined solutions to this fast-growing sector within floating offshore wind.The companies say they intend to combine…
BlueFloat Energy and Energy Estate have said they will expand the proposed capacity of their Greater Gippsland Offshore Wind Project in Australia from 1.275 GW to 2.085 GW.The so-called Southern Winds bottom-fixed project is located in the Bass Strait…
Siemens Energy said on Tuesday it has a placed 960 million euro ($949.63 million) mandatory convertible bond to help fund its takeover bid for wind turbine maker Siemens Gamesa.It expects settlement of the notes to take place on or around Sept…
Vestdavit has developed an innovative heavy-duty davit for larger offshore wind workboats to be delivered for a green-fueled service operation vessel (SOV) newbuild as part of a multiple davit contract with Esvagt.Danish shipowner Esvagt earlier…
Companies in the renewables energy business have set out to determine whether a green ammonia floating production vessel can be deployed on certain offshore wind locations.Norway-based H2Carrier AS, developer of the unique P2XFloater concept…
Norway's Kongsberg Maritime has signed a contract with Norwegian vessel operator Olympic to outfit two new Construction Service Operation Vessels with a technology suite. The contract is worth around NOK 64 million (around $6,4 million).Two…
Renewable infrastructure fund Greencoat UK Wind plc has completed the acquisition of a net 12.5% stake in Hornsea 1 offshore wind farm in the UK.The deal was first announced on May 16, 2022, when Greencoat said it would buy the 12.5% stake in…
Wind turbines, floating solar panels, and green hydrogen at sea are among the projects under construction off the Dutch coast, as a country famed for its water engineering prowess builds out its renewable energy infrastructure.On a tour of North Sea facilities on Aug…