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Stiesdal Offshore partners with Copenhagen Infrastructure for floating wind sector

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Stiesdal Offshore and Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V (CI V) fund, have formed a strategic collaboration to establish Stiesdal Offshore as a leading player in the floating wind sector. As part of this partnership, CI V has acquired a minority stake in Stiesdal Offshore. Stiesdal will provide engineering services and project execution support, focusing on reducing costs, simplifying project execution, and accelerating the growth of floating offshore wind. The floating wind…

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Norway proposes $3.29bn subsidy for 2025 floating wind tender

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On 7 October, the Norwegian government announced a proposal to provide up to Nkr35 billion ($3.29 billion) in subsidies for its planned floating wind tender in 2025. The funding, based on a 500 MW reference project, is intended to support the development of floating offshore wind, a key growth area for Norway’s renewable energy sector. The tender will be Norway’s first commercial floating wind round, with the country targeting 30 GW of offshore wind capacity…