May 23 (Reuters) Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient. Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government has yet to announce a calendar for auctions it said it would hold by 2028. The inertia reflects a reluctance... Continue Reading →
Consortium Behind 1.14 GW Sicily South Floating Wind Project Submits EIA to Italian Gov’t
May 22 (offshoreWIND.biz;) The consortium comprising Oxan Energy, Ingka Investments, and Avapa Energy has submitted an Environmental Impact Assessment (EIA) for the 1.14 GW Sicily South floating wind project to Italy’s Ministry of Environment and Energy Security. The filing of the EIA officially launches the public consultation phase. Now renamed Dentice, the floating wind farm... Continue Reading →
China activates world’s first offshore wind-powered underwater data center
May 20 (interestingengineering) China’s offshore wind-powered underwater data center, said to be the world’s first of its kind, has entered full commercial operation off the coast of Shanghai’s Lingang Special Area. The $226M project was officially launched in June 2025 through a cooperation agreement signed between the Lingang Special Area administrative committee, Shanghai Lingang Special... Continue Reading →
Cadeler’s First Quarter Revenue Jumps on Offshore Wind Fleet Expansion
May 20 (OE) Cadeler has reported higher first-quarter revenue and earnings, supported by expanded offshore wind installation activity following growth in its operating fleet. The Danish offshore wind vessel operator posted revenue $145.2 million (€125 million) for the first quarter of 2026, up from $75.5 million (€65 million) in the same period last year, while EBITDA rose... Continue Reading →
NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demand
May 18 (Reuters) - U.S. power companies NextEra Energy and Dominion Energy announced a plan to merge on Monday in a $66.8 billion deal that will form one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. The all-stock transaction, which is pending regulatory approvals, is one... Continue Reading →
UK launches third funding round for offshore wind supply chain projects
May 14 (splash) The Crown Estate has launched a third round of its Supply Chain Accelerator, making an additional £15m ($20.3m) in early‑stage development funding available to support UK offshore wind supply chain businesses and projects. The programme, first established in 2024 with a £50m pool, is now entering its third and final funding round,... Continue Reading →
Vestas offshore output rise drives profit, but geopolitics a risk
May 6 (Reuters) - Danish wind turbine maker Vestas reported an unexpectedly large first-quarter profit rise on Wednesday as it ramped up production for the offshore sector, but warned of geopolitical and tariff-related risks. "Last year in Q1 we hadn't put a single one of our new offshore turbines up," Vestas Chief Financial Officer Jakob Wegge... Continue Reading →
Europe’s Offshore Wind Turbine Prices Jump 40-45% as Supply Tightens – Rystad Energy
May 6 (OE) Europe's offshore wind expansion is running into a structural supply constraint where the turbine market is becoming increasingly concentrated. GE Vernova, Siemens Gamesa and Vestas have historically anchored Western offshore turbine supply, but with GE Vernova having paused new offshore wind orders following a series of technical and operational setbacks, Siemens Gamesa... Continue Reading →
China Three Gorges Installs ‘World’s Largest’ Single-Unit Floating Wind Platform Offshore Yangjiang
May 6 (offshoreWIND.biz) China Three Gorges (CTG) Corporation has completed the installation of a 16 MW floating offshore wind turbine, described as the world’s largest single-unit floating wind turbine platform, off Yangjiang, Guangdong. The Sanxia Linghang (Three Gorges Pilot) platform was installed on 2 May in waters located more than 70 kilometres offshore at depths... Continue Reading →
Ørsted Beats First-Quarter Profit Forecasts, Keeps Outlook
May 6 (Reuters) Danish offshore wind developer Orsted on Wednesday reported a first-quarter core profit above forecasts, driven by an increase in power output and kept its full-year outlook for the year. Orsted in recent years struggled with soaring costs from supply chain disruption and inflation and last year said it would focus more on... Continue Reading →