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Inch Cape: Scottish Offshore Wind Project Reaches a Milestone with £3.5 Billion Funding
The Inch Cape offshore wind farm, owned by ESB and Red Rock Renewables, has secured £3.5 billion in funding to begin its construction phase. This flagship 1,080 MW project aims to ...
Pine Wind Power establishes a stronghold in Taiwan’s offshore wind market
Pine Wind Power acquires 26% of the offshore wind farm Formosa 2, a strategic move reflecting the growing interest of investors in renewable energy assets within a transforming Tai...
The Legal Challenges of Offshore Wind Projects Under the Trump Era
Donald Trump’s executive order on offshore wind energy could complicate already approved projects, paving the way for legal challenges and ongoing permit revisions....
Ørsted faces €1.6 billion impairment, impacted by its U.S. offshore projects
Danish giant Ørsted announces a €1.6 billion loss, affected by high-interest rates and delays in its U.S. offshore wind projects....
BOEM validates the SouthCoast project: a milestone for American offshore wind
The approval of the SouthCoast project by BOEM marks a strategic step in the development of offshore wind energy in the United States, with a potential capacity of 2.4 GW and signi...
Norfolk Vanguard Projects: Aker Solutions and Siemens Energy Receive Full Authorization
The Aker Solutions-Siemens Energy consortium advances on Norfolk Vanguard West and East, strategic RWE projects for offshore wind infrastructure development in Europe....
The Netherlands plans 70 GW of offshore wind energy with the IEA
The International Energy Agency highlights the Netherlands’ ambitions to increase offshore wind capacity while addressing challenges to secure their energy transition....
South Korea Launches 96 MW Offshore Wind Farm Led by CIP and SK Innovation
The Jeonnam 1 wind farm, with a capacity of 96 MW, marks a first for South Korea in privately-led offshore projects. By 2025, it will supply green electricity to 60,000 households,...
The Netherlands and the United Kingdom connected through a 2 GW wind project
The LionLink project, a hybrid interconnector developed by TenneT and NGV, will link the Dutch and UK electricity grids through the Nederwiek 3 offshore wind farm, ensuring 2-gigaw...
The EU approves a €998 million acquisition in offshore wind energy
The European Commission has approved a joint acquisition between EEW Holding and Sumitomo, valued at €998 million, aimed at supporting the production of components for offshore win...
Empire Wind 1 secures $3 billion financing in the United States
The offshore wind project Empire Wind 1 by Equinor, located off the coast of New York, has secured $3 billion in financing. This key initiative is expected to supply electricity to...
The United States approves a 2.4 GW offshore wind project in Massachusetts
The Biden-Harris administration has approved an offshore wind project in Massachusetts, targeting 2.4 GW capacity to power 840,000 homes....
GE Vernova secures 2 GW contract for offshore wind connection in the Baltic Sea
The Ostwind 4 project, led by GE Vernova and 50Hertz, introduces 2 GW HVDC technology to connect offshore wind from the Baltic Sea to the German power grid....
700 million euros invested to connect offshore wind farms to the French power grid
A 700-million-euro project aims to connect two offshore wind farms to the national power grid, strengthening strategic energy infrastructure in France....
Ørsted sells 50% of Greater Changhua 4 Offshore Wind Farm to Cathay Life Insurance
Ørsted announces an agreement with Cathay Life Insurance to sell 50% of the Greater Changhua 4 Offshore Wind Farm under construction in Taiwan, marking a key step in their strategi...
Etermar Energia and Qair join forces to develop floating wind power in the Iberian Peninsula
Etermar Energia and Qair have signed an agreement to collaborate on floating offshore wind projects in the Iberian Peninsula, strengthening their strategic ambition in this rapidly...
Vestas secures a contract for the Inch Cape offshore wind project in Scotland
Vestas will supply 72 turbines for the Inch Cape offshore wind project in Scotland, a firm 1.1 GW contract signed with Inch Cape Offshore Limited, a joint venture between ESB and R...
US Plans New Offshore Wind Auction in Gulf of Mexico for 2026
Hecate Energy and Invenergy show interest in offshore wind projects in the Gulf of Mexico, prompting US authorities to schedule an auction for 2026 despite political and economic u...
Ørsted: Between Financial Turbulence and Hopes for Offshore Wind Revival
The Danish offshore wind giant Ørsted is navigating a period of turmoil marked by the cancellation of major projects, but remains confident in its strategy to overcome challenges a...
Offshore Wind Zone in Tasmania: 20 GW Capacity Approved
Australia designates a new 7,100 km² zone in the Bass Strait for offshore wind development. With a potential of 20 GW and strict feasibility criteria, the project aims to meet ener...