Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of over 7GW and £9.6bn ($12.75bn) in assets under management. The asset manager is...
https://splash247.com/orsted-sells-stake-in-uk-offshore-wind-farm-for-600m/
PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m). The project will unlock just shy of 730,000 sq m of development potential for a range of offshore manufacturers,...
https://splash247.com/pd-ports-planning-development-of-260m-uk-offshore-wind-hub/
The Dutch government has reduced its offshore wind targets and removed one of the zones set for offshore wind development to give more room to the fishing sector. The authorities decided to amend their North Sea Programme and, with it, reduce the offshore wind energy target from 50GW to 21GW. This...
https://splash247.com/dutch-government-scales-back-offshore-wind-to-preserve-fisheries/
South Korea’s LS Marine Solution has won a $15.8m contract for the installation of subsea cables at a wind farm off Taiwan. The contract is LS Marine Solution’s first overseas order and the first time a South Korean company has entered the international subsea cable market. The project is part of...
https://splash247.com/ls-marine-solution-gets-cabling-deal-on-taiwanese-offshore-wind-farm/
A trio of companies consisting of John Fredriksen’s Geveran Trading, Idan Ofer’s EPS Ventures, and Wilhelmsen New Energy have made an unconditional mandatory cash offer to buy all outstanding shares in offshore wind support vessel pureplay Edda Wind. The offer will be made by a newly established...
https://splash247.com/fredriksen-ofer-wilhelmsen-launch-bid-to-take-edda-wind-private/
German utility RWE has frozen all of its US offshore wind operations due to the political environment created by the administration of current president Donald Trump. In November last year, while the campaign for the new US president was still hot, the company said that the possibility of a new...
https://splash247.com/rwe-stops-all-us-offshore-wind-activities-due-to-political-climate/
Azerbaijan’s Ministry of Energy has signed two agreements with Chinese firms for the construction of an offshore wind energy project in the country. The first agreement, signed with China Energy Overseas Investment, entails the evaluation, development, and implementation of an offshore wind energy...
https://splash247.com/azerbaijan-partners-with-china-on-caspian-offshore-wind-project/
The UK government will invest £300m ($400m) through Great British Energy to strengthen the country’s offshore wind manufacturing capabilities and supply chains. The investment is expected to directly and indirectly mobilise billions in additional private investment, helping de-risk clean energy...
https://splash247.com/uk-government-investing-400m-to-strengthen-offshore-wind-supply-chain/
Dutch subsea services specialist N-Sea Group has been awarded a contract to repair one of the four cables that connect the Gwynt y Môr offshore wind farm in the Irish Sea to the National Grid. The offshore wind farm has a capacity of 576MW and is located off the coast of Wales. The wind farm …
https://splash247.com/n-sea-hired-for-irish-sea-offshore-wind-farm-cable-repair/
The Royal Dutch Sea Rescue Society (KNRM) has stated that it evacuated two injured crewmen from an OSV that hit the base of an offshore wind turbine in the North Sea. The 1990-built Glomar Venture, owned by the Dutch offshore support vessel player Glomar, made a call for medical evacuation around 7...
https://splash247.com/two-crewmen-injured-as-osv-hits-wind-turbine-in-dutch-north-sea/