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HEA Energy raises $550m in Nordic market debut bond
12+ hour, 45+ min ago (172+ words) HEA Energy has issued a $550 million inaugural senior secured bond, marking the largest deal by a MENA-headquartered company in the Nordic bond market. The company said proceeds will be used to support the continued build-out of its fleet of self-propelled,…...
Humber and Norwegian Offshore Wind sign Mo U on collaboration
13+ hour, 10+ min ago (202+ words) Humber Marine and Renewables (HM&R) and Norwegian Offshore Wind (NOW) have signed a memorandum of understanding (Mo U) to collaborate on offshore wind and supply chain development at Global Offshore Wind. The organisations said the agreement aims to support both regions…...
Amazon and Skyborn sign record PPA for Gennaker wind farm
12+ hour, 54+ min ago (244+ words) Amazon and Skyborn Renewables have signed a 600 MW power purchase agreement (PPA) for electricity from the Gennaker offshore wind farm in the German Baltic Sea. The deal is the largest single PPA signed in Germany and among the largest in…...
Inter-array cable installation completed at Nordseecluster A offshore wind farm
13+ hour, 20+ min ago (189+ words) The inter-array cable campaign at the Nordseecluster A offshore wind project in Germany has been completed, with 48 cables laid, buried, terminated and tested despite challenging offshore weather conditions during installation. The project required the coordination of four vessels and more…...
Siemens Energy and NSORe to build 2 GW offshore converter platform
2+ day, 13+ hour ago (233+ words) Siemens Energy and Neptun Smulders Offshore Renewables have been awarded a 2 GW offshore converter platform for 50 Hertz, supporting offshore wind transmission in the North Sea. The grid connection, known as North Sea Connector 2, will carry electricity from offshore wind farms…...
Netherlands boosts support for 2 GW IJmuiden Ver wind farms
2+ day, 13+ hour ago (219+ words) The Dutch government has increased financial support for two offshore wind sites at IJmuiden Ver to secure developer interest in delivering 2 GW of capacity in the North Sea. The IJmuiden Ver Gamma-A and Gamma-B plots will be offered through a…...
European offshore wind supported 180, 000 jobs and EUR 26bn in 2025
2+ day, 14+ hour ago (191+ words) A new analysis by TGS 4 C and Menon Economics has found European offshore wind supports around 180, 000 full-time jobs and EUR 26 billion in gross value added in 2025, with impacts extending across an integrated European supply chain. Around 55, 000 jobs were linked directly…...
Europe faces 22, 000 km subsea cable shortfall by 2040
2+ day, 13+ hour ago (242+ words) Europe could face an increasing shortfall of more than 22, 000 km of high-voltage subsea cable capacity between 2026 and 2040, creating challenges for offshore wind and transmission projects. TGS | 4 C analysis assesses the feasibility of delivering the Hamburg Declaration's target of up to…...
Innovate UK launches "15 million offshore wind innovation package
2+ day, 13+ hour ago (242+ words) Innovate UK has introduced a "15 million package to support offshore wind innovation, combining funding for technology development and sector collaboration. The agency is the UK's national innovation body, providing support to businesses developing and commercialising new technologies. The package includes…...
US court dismisses appeal, ending wind permitting dispute
3+ day, 14+ hour ago (219+ words) The United States Court of Appeals for the First Circuit has dismissed an appeal against a ruling that struck down a nationwide freeze on wind energy permitting, confirming a lower court decision that found the suspension of approvals unlawful. A…...