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(Reuters) Ocean Winds, a joint venture between Portugal's main utility EDP with French company Engie, plans to invest 3 billion euros ($3.15 billion) to develop offshore wind projects by 2025, the chief executive of EDP told Reuters on Thursday. The equal partners in the venture are targeting up to 7 gigawatt (GW) of new capacity... Continue Reading →
German energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany. The partnership centres on driving forward the production of carbon-neutral steel,... Continue Reading →
Global group Libra has acquired a U.S. shipyard through a subsidiary to capitalize on growing shipbuilding demand for the offshore wind industry as Washington accelerates efforts to boost cleaner power, top company executives said. U.S. President Joe Biden's administration is pushing to expand the fledgling offshore wind energy industry in the coming decade by opening... Continue Reading →
Subsea geotechnical services provider Bluefield Geoservices is expanding its operations in the US with the latest export cable route site investigation for an undisclosed ‘major’ offshore wind project offshore the Northeast US. As part of the project, Bluefield will execute in situ cone penetration test (CPT) and vibrocorer sampling, onshore and offshore lab testing, and reporting along... Continue Reading →
(OE) Offshore vessel designer GustoMSC, part of NOV, has launched a next-generation heavy lift crane vessel series called ENSIS, planned for foundation installation for the offshore wind farms of the future. "GustoMSC's new ENSIS heavy lift crane vessel series addresses the needs of the growing offshore wind foundation market. With monopiles and jackets increasing in... Continue Reading →
Offshore wind developer Ocean Winds is joining Opportunity Cromarty Firth and supporting the body’s green freeport bid. If the region is successful in its attempt, it would help to attract “new and increased manufacturing” that would ease the delivery of Scotland’s next generation of wind farms. Ocean Winds, a 50-50 joint venture launched in 2020... Continue Reading →
With 15 GW in offshore wind projects in Brazil under licensing, Ocean Winds — a joint venture between Engie and EDP Renováveis for offshore wind power generation — believes that investments in the implementation of the first projects in the country will be higher than in the rest of the world. “At first it will... Continue Reading →
The merger between Aker Offshore Wind (AOW) and Aker Horizons is expected to be completed after close of trading on the Oslo Stock Exchange on 17 June, which accordingly will be the last day of trading in the AOW shares on Euronext Growth Oslo, the company said in its latest trading update. As announced on... Continue Reading →
(TN) Ocean Winds, a 50-50 joint venture between world energy leaders ENGIE and EDP Renewables dedicated to offshore wind power generation, announces the launch of OW Brasil, a wholly owned Brazilian company investing in offshore wind project development opportunities in the country. Highly interested in Brazil's 700 GW offshore wind power potential (according to a... Continue Reading →
Subsea 7 has updated its Adjusted EBITDA guidance for the full year 2022 following reduced progress on two offshore wind projects and vessel reshuffle at its subsidiary Seaway 7. Seaway 7 announced provisions against the results of project execution of offshore windfarm installations due to increased costs relating to weather delays and mechanical breakdowns. This,... Continue Reading →
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