Subsea 7 has struck a deal to buy a majority interest in Nautilus Floating Solutions, a developer of technology for the floating wind market based in Bilbao, Spain.
BP has joined Statkraft and Aker Offshore Wind (AOW) in a consortium bidding to develop offshore wind energy in Norway.
One of the world’s biggest wind turbine makers Vestas Wind Systems A/S will hike its prices as the costs of steel and transportation increase amid a global commodities boom that’s contributing to a rising risk of inflation.
The offshore wind market in Asia is expected to experience massive expansion over the next five to 10 years, particularly in the more advanced economies of Taiwan, Japan and South Korea, as governments face increasing pressure to focus on climate change and hit their net-zero emissions targets.
Stage one of construction of the Hywind Tampen concrete foundations was completed this week at Aker Solutions’ yard in Stord, Norway.
Losses widened at Dutch geo-data services firm Fugro last year due to the impact of the Covid-19 pandemic and the oil and gas industry downturn.
London-listed Greencoat Renewables will buy a wind farm in Finland from Abo Wind for £52.5 million.
European countries ordered a record 15 gigawatts (GW) of wind turbines in 2020, an increase of 74% on 2019.
WindEurope has elected Andreas Nauen, chief executive of Siemens Gamesa Renewable Energy (SGRE), as its chairman for the next 18 months.
MHI Vestas has successfully installed the last turbine for the Borssele 3 & 4 offshore wind farm in the Dutch North Sea.
Ørsted has fully commissioned its Borssele 1 & 2 offshore wind farm in the Dutch North Sea.
Scottish energy service firms are being encouraged to partner up with their counterparts in France in order to make inroads into its emerging offshore wind market.