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Business & Finance

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Project UpdatesWind Farm UpdateBusiness developmentFloating WindInfrastructurePower-to-XTransitionFixed-BottomGrid ConnectionAuthoritiesPlanning & PermittingProject UpdatesPorts & LogisticsIndustryFoundationsSupply ChainVesselsCablesCollaborationOutlook & StrategyTechnology
Pacifico Energy Korea investment declaration Jindo cluster
Business & Finance

Pacifico Energy Unveils EUR 860+ Million Investment in Two Offshore Wind Projects in South Korea

1 day ago
Flotation Energy exclusivity agreements Cenos Green Volt
Business & Finance

UK Oil & Gas Player, Floating Wind Developer to Explore Electrification Opportunities in North Sea

Edinburgh-headquartered Flotation Energy and Harbour Energy, based in London, have signed a memorandum of understanding (MoU) to collaborate on assessing opportunities for powering oil and gas assets in the North Sea with floating offshore wind energy. “The agreement brings together Harbour Energy’s

3 days ago
Trianel’s Borkum I Offshore Wind Farm Enters German Balancing Market
Business & Finance

Trianel’s Borkum I Offshore Wind Farm Enters German Balancing Market

Trianel Windpark Borkum I (TWB I) has prequalified around 70 MW of capacity for Germany’s balancing energy market and began supplying negative secondary control reserve in July 2026. The marketing of the balancing capacity started on 22 July, allowing the offshore wind farm to provide an additional

10 days ago
TotalEnergies Buys Walney Offshore Wind Power
Business & Finance

TotalEnergies Buys Walney Offshore Wind Power

TotalEnergies Gas & Power Limited has entered into a long-term power purchase agreement (PPA) for electricity produced by the Walney 1 & 2 offshore wind farms in the UK. The company signed the PPA with Offshore Partners Walney (OPW), which holds a 24.8 per cent ownership stake in Walney 1 & 2, major

10 days ago
Taiwan Moves to Terminate Contract for 700 MW Offshore Wind Project
Business & Finance

Taiwan Moves to Terminate Contract for 700 MW Offshore Wind Project

Taiwan’s Energy Administration is processing the termination of the administrative contract for the 700 MW Youde offshore wind project, developed by Shinfox Energy. According to Taiwan’s Central News Agency (CNA), the Energy Administration confirmed on 24 August that the developer had not completed

11 days ago
French Government-Backed Floating Wind Ports to Upgrade Quays, Storage Areas
Business & Finance

French Government-Backed Floating Wind Ports to Upgrade Quays, Storage Areas

The five port infrastructure projects that the French government recently announced were selected to receive a combined EUR 258.5 million in funding will prepare the country’s ports for the construction of floating wind farms, for which France has set a 2040 target of nearly 6 GW. The funding, award

15 days ago
BRANDED CONTENT
Two Months to Go: Get Your Ticket for OEEC 2026
Business & Finance

Two Months to Go: Get Your Ticket for OEEC 2026

Amsterdam, September 2026 – The countdown to Offshore Energy Exhibition & Conference (OEEC) 2026 is on. On 24 and 25 November, the international offshore energy industry will come together at RAI Amsterdam – and now is the time to secure your ticket. With November getting closer, preparations are in

16 days ago
Danish Utility Seeks New Partner as TotalEnergies Exits Lillebælt Syd Offshore Wind Project
Business & Finance

Danish Utility Seeks New Partner as TotalEnergies Exits Lillebælt Syd Offshore Wind Project

Danish utility SONFOR is seeking a new partner to take the project forward at the 165 MW Lillebælt Syd offshore wind farm after TotalEnergies decided to withdraw from the development. SONFOR is taking over the majority stake in Lillebælt Vind A/S, the company behind the project, and will use the com

16 days ago
Chinese Offshore Wind Foundation Manufacturer Inks MoU with Scotland’s Ardersier Port
Business & Finance

Chinese Offshore Wind Foundation Manufacturer Inks MoU with Scotland’s Ardersier Port

Dajin Heavy Industry and Haventus, the owner and developer of Ardersier Port in Scotland, have signed a Memorandum of Understanding (MoU) to explore combining Dajin’s manufacturing and transport capability with Ardersier’s port infrastructure to support both fixed-bottom and floating wind projects i

16 days ago
Borkum Riffgrund 3 turbine closeup
Business & Finance

Three Ørsted Offshore Wind Farms Set for Full Commissioning in 2026

Ørsted expects three of its offshore wind farms currently under construction to reach full commissioning in the second half of 2026, with Borkum Riffgrund 3 in Germany, Greater Changhua 2b and 4 in Taiwan, and Revolution Wind in the US all approaching completion. The updates were provided by Ørsted

16 days ago
US-Based Company Selected to Develop 2.13 GW Offshore Wind Cluster in South Korea
Business & Finance

US-Based Company Selected to Develop 2.13 GW Offshore Wind Cluster in South Korea

Pacifico Energy Korea has been selected as the sole developer of the 2.13 GW Jindo Offshore Wind Integrated Cluster Phase 2 in South Korea, the US-based renewable energy company said on 20 August. The cluster will comprise Pacifico’s Manho and Jindo Baram offshore wind projects. The selection follow

16 days ago
Poland’s Darłowo Port Completes EUR 40 Million Offshore Wind Infrastructure Upgrade
Business & Finance

Poland’s Darłowo Port Completes EUR 40 Million Offshore Wind Infrastructure Upgrade

Poland’s Port of Darłowo has completed two infrastructure projects with a combined value of more than PLN 174 million (EUR 40.3 million), including facilities that will support offshore wind operations in the Baltic Sea. The upgrades were carried out under Poland’s National Recovery and Resilience P

16 days ago
South Koreans Make Move to Cut Foreign Dependence with Domestic ROV Capability
Business & Finance

South Koreans Make Move to Cut Foreign Dependence with Domestic ROV Capability

South Korea’s Taihan Cable & Solution and Panstar Robotics, established by the Korea Institute of Robotics & Technology Convergence (KIRO), have signed a memorandum of understanding (MoU) to jointly develop remotely operated vehicles (ROVs) that would be deployed domestically, in an effort to reduce

17 days ago
Marco Polo Marine Reports Growth as Offshore Wind CSOV Pipeline Expands
Business & Finance

Marco Polo Marine Reports Growth as Offshore Wind CSOV Pipeline Expands

Marco Polo Marine reported higher revenue and gross profit for the first nine months of its 2026 financial year, with its offshore wind business gaining further momentum through a framework agreement with Siemens Gamesa for the deployment and charter of two commissioning service operation vessels (C

17 days ago
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