Onshore Funding for US Offshore Wind

(OE) Most of the media coverage of offshore wind development in the United States focuses on the leases of the offshore areas where the wind turbines will be located. However, equally important is the landside dimension of these projects, including the manufacture, installation, maintenance and operation of the turbines. Several awards made in the last... Continue Reading →

Marco Polo Marine Partners Up with S. Korean Firms for Offshore Wind Work

Marco Polo Marine, a Singapore-listed offshore vessel company, has entered the South Korean market with a "landmark" Memorandum of Understanding signed with South Korean companies Namsung Shipping Co., Ltd. and HA Energy Co., Ltd. (“HA-E”). Under the MoU, the companies have committed "to jointly pursue synergistic offshore wind vessel operations in South Korea." South Korea’s... Continue Reading →

TenneT, Petrofac, Hitachi Energy Pen Deals for 2GW Offshore Converter Stations

(OED) Today Dutch-German transmission system operator TenneT has signed deals with Hitachi Energy and Petrofac for early works in support of TenneT’s 2GW Program.  The companies will start preparatory work and detailed engineering to ensure timely delivery of the first two Dutch offshore converter stations for TenneT’s high voltage direct current (HVDC) offshore wind grid... Continue Reading →

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