Abu Dhabi Future Energy Company (Masdar) has completed the acquisition of 100% shares in Greece’s Terna Energy.The acquisition follows the successful completion of an all-cash mandatory tender offer (MTO) and squeeze-out process for the remaining 30% shares of the company at a price of $22…
Equinor has established a new business area, combining renewables with its gas-to-power and energy storage units as it aims to capitalize of rising power demand.The announcement comes in response of growing power demand from electrification of society and industry…
Aker Solutions has unveiled three floating wind foundation designs – the YFloat, CONFloat-Omega, and CONFloat-7C – engineered to maximize energy production, simplify construction and reduce maintenance.All three have passive ballast systems…
Estonian energy producer Sunly, French renewable pioneer VALOREM Group, and Deep Wind Offshore have signed a partnership agreement to jointly develop Tuul Energy offshore wind project in Estonia.Following the agreement, VALOREM Group and Sunly will enter Deep Wind Offshore’s project…
Navantia Seanergies and Semco Maritime have teamed up to advance the development of offshore substations for offshore wind market.The partnership brings the capabilities of Europe's largest industrial-scale manufacturer in offshore wind and…
Trelleborg Marine and Infrastructure has launched advanced sealing system, IRIS, for Airtight Platforms (ATP), which has the potential to improve offshore wind foundation designs.The new seal eliminates the need for welded steel landing rings…
Fugro and Spoor, a software company that helps renewable energy projects reduce their environmental impact, have signed a memorandum of understanding (MOU) to develop a new bird-monitoring solution for offshore renewable energy projects.The…
A prominent energy research firm slashed its five-year outlook for new U.S. wind energy projects by 40% on Tuesday, citing Trump administration policies and concerns about the economy.Wood Mackenzie expects the United States to install 45.1GW of wind…
Canadian marine technology company Kraken Robotics is launching a synthetic aperture sonar (SAS) service for the global offshore energy market.Kraken’s commercial services team will have dedicated KATFISH towed SAS systems available for rental starting July 2025…
We4Ce, a Dutch rotor blade designer, has designed 10 rotor blade sets for Dutch wind turbine startup TouchWind for testing on its floating TW6 turbine, a self-tilting, one-piece rotor design that breaks from conventional three-blade models.Engineered to withstand wind speeds of up to 250 km/h…
Macquarie has cancelled the sale of one of the world's largest offshore wind power developers, due to lack of interest, two people with knowledge of the process said, amid opposition against the renewable energy source by the Trump administration…
One of the world’s largest base ports for offshore wind activities Port of Esbjerg and Norwegian port operator WindPort have entered into a strategic partnership to accelerate offshore wind development in Norway.The partnership focuses on joint…
Northern Offshore Services (N-O-S) has taken delivery of the world’s first 100% biomethanol-powered crew transfer vessel (CTV), chartered by Vestas.M/V Transporter, designed, developed and provided by N-O-S, is a conversion from A-Class to T-class…
ScottishPower Renewables, part of the Iberdrola, has awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract for its East Anglia TWO offshore substation and jacket foundation to HSM Offshore Energy…