Norwegian offshore wind services firm Aker Offshore Wind has increased its stake in Principle Power, a company developing foundations for floating wind farms.Aker Offshore Wind's stake in Principle Power will grow from around 20 percent to an expected 39 percent…
Spanish-German wind turbine maker Siemens Gamesa Renewable Energy has informed that Marc Becker is to return to the company as CEO of its Offshore business.He served as Managing Director for Germany and Head of Offshore Sales and Projects at Siemens Gamesa before leaving the company in early 2020…
The UK Prime Minister Boris Johnson on Wednesday set out a ten-point plan for 'a green industrial revolution' which promises to create and support up to 250,000 British jobs.'Covering clean energy, transport, nature and innovative technologies…
Floating wind farm foundations specialist Ideol has signed a letter of intent with the Port of Cromarty Firth in the UK, that could create more than five hundred new Scottish construction jobs.The agreement would see the French-based company…
Offshore wind developer Ørsted has signed an agreement with North America’s Building Trades Unions (NABTU), the labor organization representing more than 3 million skilled craft professionals in the United States and Canada.'The partnership will create a national agreement designed to transition U…
Fred. Olsen Renewables and Hafslund Eco have agreed to cooperate as equal partners on a 50/50 basis on the development of offshore wind and transmission concepts in Norway.'The combination of Hafslund Eco’s competencies as a power producer and grid operator with [Fred…
Italian power cable company Prysmian has won a contract to provide export cables for RWE Renewable’s largest offshore wind project, 1.4 gigawatt (GW) Sofia offshore wind farm, in the UK North Sea.Prysmian will provide a turn-key high voltage subsea and land export cable connection…
Dutch-based Fugro and Japan's NYK Group have signed a memorandum of understanding to provide offshore geotechnical services in Japan.The two companies will also collaborate on a feasibility study into jointly operating a specialist investigation vessel for renewables projects…
U.S. offshore wind crew transfer firm Atlantic Wind Transfers said Sunday that the Atlantic Endeavor crew transfer vessel rolled out on the lift dock at Blount Boats over the weekend to get ready for the launch.This new Chartwell Marine crew…
British utilities SSE, Iberdrola-owned Scottish Power and grid operator National Grid will develop a 4 gigawatt (GW) power link between Scotland and England, they said on Monday.The multi-billion pound project, called the Eastern Link, will…
Japan plans to introduce tax incentives and create a research fund to support so-called green investment, as the government pushes to meet a target of carbon-neutrality announced earlier this month, the Nikkei newspaper reported.The government…
Norwegian energy company Equinor has proposed the Port of Albany, in upstate New York, as the first offshore wind tower manufacturing facility in the U.S.'Developed jointly with leading wind industry manufacturers Marmen and Welcon, Equinor…
Japanese oil firm Cosmo Energy Holdings on Thursday cut its net profit estimate for the year to March 31 by 41%, blaming a hefty appraisal loss on its crude inventories and slumping prices of petrochemicals.It now forecasts an annual net profit of 8…
Offshore wind turbine manufacturer MHI Vestas has installed the first V164 9.5 MW turbine at the installation harbor for the Kincardine floating offshore wind farm. This is, according to MHI Vestas, the most powerful turbine in use at a floating wind project…
Oil and gas services firm SBM Offshore raised its full-year core profit guidance on Thursday on the back of a 23% increase in nine-month revenue and said it had started work on a pilot floating offshore wind project in France.The Dutch company…
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