(OE) Floating wind farm and technology developer BW Ideol has entered into exclusive negotiations with ADEME Investissement, a state-owned French financier of innovative infrastructure projects, for ADEME Investissement to invest €40 million in BW Ideol’s project development activities. Under the agreed terms, BW Ideol will transfer its co-development project portfolio to a newly created subsidiary... Continue Reading →
GreenIT, CIP to Build Three Floating WInd Farms in Italy
(OE) GreenIT, a joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds have signed an agreement to develop three floating offshore wind projects in Latium and Sardinia, Italy. The floating wind farms will be located roughly 30 km off the coast and have an overall... Continue Reading →
Japan’s JERA to buy Belgium’s top offshore wind company for $1.7 bln
(Reuters) - Japan's top utility JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals. JERA, a joint venture between Tokyo Electric Power Company Holdings (9501.T) and Chubu Electric Power Co Inc (9502.T), will add Parkwind's four offshore wind farms in... Continue Reading →
Ørsted Taps Havfram Wind for Hornsea 3 Offshore Wind Farm Turbine Installation
Denmark-based offshore wind farm developer Ørsted has hired Havfram Wind to install wind turbines at its Hornsea 3 offshore wind farm in the UK. The installation of the turbines is expected to start in the autumn of 2026, with Havfram Wind set to use one of its newly built NG20000X Jack-Up Wind Turbine Installation vessels... Continue Reading →
Brigg Vind: New Offshore Wind Company Launched in Norway
Norwegian renewable energy developers Vårgrønn and Å Energi and global offshore wind specialist Corio Generation, on Tuesday launched a new Norwegian offshore wind company called the Brigg Vind, dedicated to developing sustainable offshore wind in Norway. The companies said that the Brigg Vind name paid homage to the strong maritime tradition and expertise of Norway,... Continue Reading →
Lhyfe, Centrica unveil joint offshore wind-to-hydrogen plan in UK
French green hydrogen production specialist, Lhyfe, and Centrica, the UK-headquartered multinational energy company, have signed an agreement to jointly develop offshore renewable hydrogen in the UK, starting with a pilot project in the Southern North Sea. Beyond the pilot, Lhyfe and Centrica will also examine an additional partnership to deploy the technology at commercial scale... Continue Reading →
Prosafe participates in three tenders to get more assignments for its vessels
(OET) Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels. As the recent Petrobras tender for 450 days was cancelled, Prosafe is currently not participating in any Petrobras tenders, however, the company is engaged in three tenders. The first of these is in the... Continue Reading →
TWP Reveals Names for Two 1GW Offshore Wind Farms in Scotland
Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, on Monday revealed the final names for its two offshore wind project secured in the ScotWind seabed lease round. The 1GW Bowdun offshore wind farm will be located off the coast of Stonehaven, lying 44km out from the landmark of Bowdun Head and covering an area... Continue Reading →
Vestas Buys ST3 Offshore – Breaking News
(OW) Danish wind turbine manufacturer Vestas has acquired ST3 Offshore in the sixth tendering round since the Polish offshore steel foundations manufacturer declared bankruptcy. ”On March 20, in the court Sąd Rejonowy Szczecin-Centrum XII Wydział Gospodarczy w Szczecinie an auction for the purchase of ST3 Offshore was held. The highest price offered was PLN 170,500,002,... Continue Reading →
SSE, Marubeni & CIP’s Floating Wind Farm in Scotland Could Have 270 Turbines and 6 Offshore Substations
SSE Renewables, Marubeni and Copenhagen Infrastructure Partners (CIP) have submitted the Environmental Impact Assessment (EIA) Scoping Report for the array area of their Ossian floating wind farm to Marine Scotland. According to the report, the wind farm could have up to 270 wind turbines and six offshore substations. The consortium won the development rights for the Scottish... Continue Reading →