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News & in-depth analysis of offshore wind power and business, companies, contracts and deals.
State-controlled energy company Lietuvos Energija is looking for strategic partners with which to develop offshore wind farms in the European Economic Area and then in the Lithuanian Baltic Sea.
Equinor has signed a memorandum of understanding (MoU) with the Korea National Oil Corporation (KNOC) to investigate the potential for floating offshore wind development in South Korea.
A consortium of investment funds has agreed to buy 80% of the shares in the 402MW Veja Mate wind farm in the German North Sea.
The latest report into the offshore wind sector by WindEurope shows the cost of investment required for the region's new wind capacity has been falling sharply since 2015.
Ørsted has sold 50% stakes in two offshore wind farms and two lease areas off the US's north-east coast to New England utility Eversource for around $225 million.
GE Renewable Energy is looking to cut jobs in its offshore wind unit based in France, because of delays in getting final approval for the country's offshore projects.
Ørsted has spent more than $1 billion in the past two months, buying up more than just US wind capacity.
DENMARK: When Philippe Kavafyan took over from Jens Tommerup as MHI Vestas CEO earlier this year, his predecessor told him to 'learn to say no'. Windpower Monthly spoke to the former Adwen chairman about how he is picking his battles and where he plans to take the firm over the next four years.
With the pace of offshore deployment increasing, the supply chain needs to keep pace. Here, vessel supplier Seajack's crewing manager, Ian Robertson, sets out the three major challenges facing the sector.
POLAND: With costs coming down, a pre-existing supply chain and other sites being developed nearby, Poland is well placed to develop and build a large-scale offshore market.
GERMANY: As Siemens Gamesa ships the first 7MW SWT-7.0-154 D7 nacelles from its new Cuxhaven assembly plant, Eize de Vries goes on an exclusive tour of the facilities on the North Sea coast currently in ramp-up phase.