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Kansai acquires stake in Windanker offshore wind farm in Germany

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Japanese utility Kansai Electric Power has entered into a share purchase agreement with Iberdrola to acquire a 49% stake in the Windanker offshore wind farm project in Germany.  Kansai’s subsidiary, Windanker Investco, will hold the stake, subject to approval from German authorities, while Iberdrola will retain the remaining 51%. This marks the beginning of Kansai’s collaboration with Iberdrola on international renewable energy projects. The Windanker project will be Kansai’s fifth offshore wind farm overseas, increasing…

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Eemshaven Port chosen for OranjeWind offshore wind project

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RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind.  Located in the northern Groningen province, Eemshaven will serve as the hub for turbine assembly and construction activities in collaboration with Buss Terminal Eemshaven. Construction at the offshore site is set to begin in early 2026, with turbine components and inter-array cabling to be offloaded, stored, and pre-assembled…

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Corio Generation plans staff reductions amid wind sector challenges

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Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector.  Since its founding in 2022, Corio has expanded with major projects in the UK, South Korea, and the US. However, increasing equipment and debt costs have led to project cancellations and workforce cuts across the offshore wind industry. Corio’s staff reductions will affect under 10% of its 270-person workforce,…

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Shell reduces offshore wind investments, restructures power division

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Shell is scaling back its offshore wind investments and restructuring its power division following a comprehensive review.  This shift aligns with CEO Wael Sawan’s strategy to focus on high-return activities, particularly in oil, gas, and biofuels, while reducing costs in low-carbon and renewable sectors. A Shell spokesperson confirmed that the company will not lead new offshore wind developments but remains interested in offtakes with acceptable commercial terms and may consider equity positions in compelling investment…

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SAS and SES sign Taiwan’s first joint CPPA for offshore wind energy

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Sino-American Silicon Products (SAS) and its subsidiary, Sustainable Energy Solution (SES), have signed a corporate power purchase agreement (CPPA) with Copenhagen Infrastructure Partners’ (CIP) Fengmiao I offshore wind farm, marking Taiwan’s first joint procurement of offshore wind energy by a parent company and its subsidiary. Fengmiao I, located 35 km offshore from Taichung City, will feature 33 advanced wind turbines and is considered a benchmark in Taiwan’s offshore wind development.  The project, part of Taiwan’s…

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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…