OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Nordseecluster offshore wind project reaches important milestone: first monopile foundation successfully installed off the German coast
On average each foundation weighs 1,500 tonnes, which is equivalent to the weight of 1,000 small cars Nordseecluster A with 660 megawatts to be commissioned in 2027; Nordseecluster B with additional 900 megawatts to follow in 2029 1.6-gigawatt Nordseecluster will be able to [...]
IRENA Report: onshore and offshore wind — the most cost-competitive power generation globally
The International Renewable Energy Agency (IRENA) has just released its pivotal "Renewable Power Generation Costs in 2024" report, delivering a resounding message: renewables are unequivocally the most cost-competitive option for new electricity generation globally. This comprehensive analysis, compiled from IRENA's extensive [...]
OX2 acquires wind project in Sweden and strengthens position as long-term owner
OX2 has acquired project Fageråsen in Dalarna region from Eolus and Dala Vind. The acquisition includes a planned wind farm with up to 34 wind turbines and an estimated annual production of up to 700 GWh, which corresponds to about 14 [...]
Fortum boosts its renewable power pipeline with acquisition of a development portfolio in Finland from ABO Energy
Fortum has signed an agreement to acquire a project development portfolio for wind power from the German renewables developer and constructor ABO Energy. This acquisition strengthens Fortum’s development pipeline for renewable power as the company prepares for future growth by developing [...]
Will Poland’s new energy ministry accelerate the development of offshore and onshore wind power?
Poland's newly established Ministry of Energy, although heralded as a ‘super ministry’, will not be able to exercise its full powers for the time being due to existing legal regulations. Prime Minister Donald Tusk confirmed this information, while declaring his personal [...]
Cost-efficient expansion needs the government to adjust its course
Tender design must be fundamentally revised this year – for security of supply and cost efficiency of offshore wind energy The offshore wind industry needs investment security – through sustainable targets and the introduction of a framework for sustainable revenue structures [...]
PGE Baltica strengthens local supply chain in offshore wind energy
The development of offshore wind energy is much more than just an energy transition – it is also a huge opportunity for Polish companies. In response to growing interest in cooperation on offshore projects, PGE Baltica, a company belonging to the [...]
Turbine Installation Completed at Storhöjden Wind Farm
Global Wind Service is pleased to announce the completion of wind turbine installation at the Storhöjden Wind Farm, located in the High Coast (Höga Kusten) region of Sweden. Together with our valued client Nordex, our dedicated team has installed 22 Nordex [...]
FairWind appoints Alexandra Hof to drive growth in Northern Central Europe
FairWind, a global leader in wind turbine installation and service solutions, has appointed Alexandra Hof as Regional Head of Service for Northern Central Europe (NCE). In this newly created role, established to reflect a sharpened focus on local market growth, Alexandra [...]
Van Oord orders next generation Subsea Rock Installation vessels
Rotterdam, the Netherlands, 21 July 2025 – To strengthen its leading position in Subsea Rock Installation and meet the rising global demand for offshore energy infrastructure protection, Van Oord has ordered new, state-of-the-art vessels. Capable of operating on methanol and with [...]
