Seatrium views Brazil as an offshore wind market opportunity but awaits rules to unlock projects

Aug. 13 (Estadao) Seatrium, a marine engineering multinational expanding its global offshore wind operations, sees Brazil as a market ripe for development and hopes to leverage its local infrastructure to manufacture substations and vessels dedicated to the sector. However, the company is making any planning contingent on the maturation of the legal framework. It has... Continue Reading →

Offshore wind developer Orsted Q2 beats estimates, on track to meet 2026 outlook

 Aug 13 (Reuters) - Danish offshore wind farm ​developer Orsted reported on Thursday a second-quarter core profit above ​forecast and maintained its financial outlook for the year. Orsted expanded rapidly over the ⁠past decade, but more recently faced higher costs from supply ​chain disruption and inflation, and faces regulatory challenges in the United ​States, where President... Continue Reading →

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