(offshoreWIND.biz) The Danish government will launch a 3 GW offshore wind tender this autumn, providing support through two-sided Contracts for Difference (CfD), following the suspension of the previous auction round earlier this year. The tender will open in autumn 2025 and will cover three areas, two in the Danish North Sea and one separating Denmark... Continue Reading →
Stop work order lifted, Empire Wind project resumes construction – Equinor
Empire Offshore Wind LLC (Empire), a subsidiary of Equinor ASA, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume. "We appreciate the fact that construction can now resume on Empire Wind,... Continue Reading →
Lawsuits Are Piling Up as Trump Upends U.S. Energy Regulation
(oilprice.com) United States President Donald Trump has spent just over 100 days in office, and, in that time, he has attracted a wide range of lawsuits in response to his energy and climate policies. Several states and organizations have recently launched legal action against the Trump administration for energy deregulation, restricting renewable energy development, cutting... Continue Reading →
Dutch Gov’t Shelves Two Offshore Wind Tenders, Plans Single Site Auction
(offshoreWIND.biz) Citing deteriorating market conditions, the Dutch government has delayed tenders for two offshore wind farms and will instead open a tender for one location in the North Sea later this year. The tenders for IJmuiden Ver Gamma-A and IJmuiden Ver Gamma-B were scheduled for the third quarter of this year. However, due to deteriorating market conditions... Continue Reading →
National Grid Takes $402 Million Hit on Paused New York Wind Project
(Reuters) National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates. Its shares rose 2% to 1,038 pence by 0725 GMT, outperforming the wider market, which... Continue Reading →
DEME Acquires 50% Stake in BAUER Offshore Technologies
(OE) DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER Offshore Technologies, a BAUER Group company. BAUER Offshore Technologies specializes in drilling services for the installation of foundations for offshore wind farms. The company will become part of DEME’s Offshore Energy segment. The experienced eight-person team will continue... Continue Reading →
First Floater for 30 MW French Pilot Wind Farm Launched
(offshoreWIND.biz) The first floater for the Les Eoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm has been launched at the Port of Marseille Fos in France. Eiffage Métal, Smulders, and their subcontractor Geodis, in coordination with Ocean Winds, launched the wind farm’s first floating platform on the Fos-sur-Mer industrial site. The floater is now... Continue Reading →
Equinor May Ditch Empire Wind 1 ‘in Coming Days’ Unless Stop-Work Order Lifted – Reports
(offshoreWind.biz) Equinor could abandon the Empire Wind 1 offshore wind project “in the coming days” if the stop-work order, issued by the US government soon after the project started offshore construction work, is not lifted, president of Equinor Renewables Americas, Molly Morris, recently shared in an interview. Morris told Politico that the standstill was costing the... Continue Reading →
Britain increases wind farm incentives funding to $720 million
(Reuters) - Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday. The country has put offshore wind at the heart of its 2030 clean energy plan and hopes to boost... Continue Reading →
EDP Renovaveis Expects Core Recurring Profit in 2025
(Reuters) EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday it expects core recurring profit to grow 13% in 2025 on the back of a solid operational performance, despite a 24% drop in net income in the first quarter. The renewables arm of Portugal's EDP said earlier that its first-quarter net profit fell to... Continue Reading →