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Singapore commits SGD 100 million to green marine and offshore energy sectors

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The Government of Singapore has announced an SGD 100 million investment to promote green growth in the marine and offshore energy sectors over the next five years, aiming for net-zero emissions by 2050.  This initiative focuses on marine digitalization, offshore wind, and floating storage solutions, aligning with Singapore’s Green Plan 2050. In a related development, Singapore-based Hann-Ocean Energy completed a two-and-a-half-year sea trial of its third-generation Drakoo wave energy converter off Shengsi Island, Zhejiang Province,…

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Vestas secures order for Nordseecluster B offshore wind project in Germany

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Vestas has received a firm order from RWE for the 900 MW Nordseecluster B offshore wind project in the German North Sea.  The project will feature 60 V236-15.0 MW wind turbines, with Vestas responsible for their supply, delivery, commissioning, and a 5-year service agreement followed by long-term operational support. The Nordseecluster is being developed in two phases. The first phase, the 660 MW Nordseecluster A, consisting of 44 V236-15.0 MW turbines, was announced in June…

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Synera Renewable to develop offshore wind farm in South Korea

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Synera Renewable Energy Group (SRE Group) has partnered with Moondo Wind Energy (MWE) to develop an 840 MW offshore wind farm near Geomundo Island, Yeosu City, in South Korea’s Jeollanam-do Province.  The project, named Moondo Offshore Wind Energy (MOWE), marks SRE Group’s entry into the South Korean market and its second international venture after Northern Kyushu, Japan. The joint venture has secured an Electricity Business License (EBL) for the bottom-fixed offshore wind farm, emphasizing SRE…

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Equinor cuts 20% of renewables workforce amid offshore wind challenges

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According to a report by Reuters, Norway’s Equinor is reducing its renewables workforce by 20%, approximately 250 full-time roles, due to challenges in the offshore wind sector.  These challenges include cost inflation, high interest rates, and supply chain issues. Employees directly employed by the parent company will be offered roles in other business areas to minimize the number of layoffs. The company, which plays a significant role in the global offshore wind sector, has exited…

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Planning application submitted for 2GW Caledonia offshore wind farm in Scotland

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Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth.  This milestone follows three years of extensive development work since the site was awarded through the ScotWind process in 2022. The Caledonia wind farm, located east of the operational Moray East and under-construction Moray West facilities, will more than double Ocean Winds’ generation capacity in the region. Ocean Winds is…

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Synera Renewable secures permit for Formosa 4 wind project in Taiwan

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Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy Administration for its 495MW Formosa 4 Offshore Wind Project, marking a key milestone in Taiwan’s Phase 3 Zonal Development of Offshore Wind. Located off Miaoli County, Formosa 4 is the first project in this auction round to secure a local government letter of consent, a vital step toward the final establishment permit. Once operational, Formosa 4 will power over 500,000 households, making it…

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Poseidon to deliver cable services for Greater Changhua wind farms in Taiwan

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Poseidon Cables has secured a contract with NCT Offshore to provide cable pre-rigging and pull-in services for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. Located 35-60km offshore Changhua County, the project will become Taiwan’s largest wind power complex, generating electricity to supply one million households annually. Poseidon Cables’ role involves preparing and pulling in inter-array cables, a critical step toward operationalizing wind farms. This contract underscores Poseidon Cables’ standing as a…

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Mammoet to manage monopiles for RWE’s offshore wind projects in Europe

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Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin in 2025, with grid connection…

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Octopus Energy and Skyborn prequalified for French offshore wind tender

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Octopus Energy Generation, in partnership with Skyborn Renewables, has been selected by the French government to participate in the ninth offshore wind tender. The winners are expected to be announced in late 2025. Skyborn Renewables brings over 20 years of offshore wind development experience, including the recent commissioning of the 500 MW Fécamp wind farm in partnership with EDF Renewables, Enbridge Inc., and Canada Pension Plan Investment Board (CPP Investments). Skyborn also has another offshore…

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NTPC and ONGC establish JV for renewable energy projects

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NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, and ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), have formed a 50:50 joint venture named ONGC NTPC Green Private Limited (ONGPL).  The Ministry of Power approved the formation of this joint venture, which has an authorised capital of Rs 1 million. ONGPL will focus on renewable energy projects, including greenfield developments and acquisitions of existing assets, with a particular…