(OE) DEME Group has released its half year results saying its orderbook is 7.7 billion euro ($8.3 billion), up 36% compared to H1 2022, reflecting continued healthy demand and strong market positioning across all segments. Group turnover grew 14% year-over-year to 1.5 billion euro ($1.6), with growth in the offshore energy and environmental segments. Net... Continue Reading →
(OW) The first Siemens Gamesa wind turbine for the 25 MW Provence Grand Large floating offshore wind farm has been assembled in France. The floating wind farm will comprise three Siemens Gamesa 8 MW wind turbines installed on tensioned line floats and designed by SBM Offshore and IFP Energies Nouvelles. The turbine components, manufactured at Siemens Gamesa’s factory... Continue Reading →
(Reuters) - TotalEnergies (TTEF.PA) said on Tuesday that it would take full control of renewable energy company Total Eren, increasing its stake from 30% in the company to full ownership. TotalEnergies said that as part of the transaction, Total Eren would be valued on an enterprise value basis at 3.8 billion euros ($4.2 billion), and that the... Continue Reading →
(OW) The 500 MW Fécamp offshore wind farm in Normandy, France, has started producing the first electricity and feeding it into the grid after the first wind turbine was installed at the beginning of this month. Following the load-out of the first four wind turbines from the port of Cherbourg, DEME Offshore’s Innovation proceeded with the installation... Continue Reading →
France’s BW Ideol and its compatriot ADEME Investissement have entered into a final agreement for a funding injection to set up a new floating offshore wind company. Under the contract, BW Ideol will transfer its co-development project portfolio to BW Ideol Projects Company with ADEME investing an initial EUR 17.85 million at the first financial... Continue Reading →
(OE) Spanish renewable energy company said Thursday that its first French offshore wind farm has officially started supplying electricity to the grid. Electricity from the Saint-Brieuc offshore wind farm has started feeding into the grid in Brittany for the first time, as the wind farm is connected to the national electricity grid managed by RTE.... Continue Reading →
Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first. The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic, off France, and connected with the SEM-REV power hub. "As of June 20... Continue Reading →
EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW. Principle Power is specialized in the design of floating structures to support offshore wind turbines that can be used in deeper waters. ... Continue Reading →
(OE) The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday. “The global solar industry, including PV developers, continue to battle limited land availability and... Continue Reading →
(OE) The first of three SBM Offshore designed foundations of the Provence Grand Large floating wind farm was floated out this week at the fabrication yard in Fos-sur-Mer, France. Eiffage Metals, the Fos-sur-Mer fabrication yard owner, said Monday:”The three [floating foundations] of this [offshore wind farm] were assembled in our plant in Fos-sur-Mer. These tripod-shaped... Continue Reading →
