Vallianz Holdings Limited entered into a memorandum of understanding (MOU) with Royal IHC to design and build a next generation service operation vessel (SOV) to support offshore wind farms.Designed by Royal IHC, the battery hybrid SOV will house advanced levels of integration and autonomy…
Japanese firm Mitsui & Co has agreed to invest EUR 575 million in Mainstream Renewable Power in the form of new common shares, corresponding to a 27.5 percent equity stake in the Mainstream, in a move that Mainstream says will pave way for the company to become 'a global renewable energy major…
BP, the British oil major with growing renewables ambitions, has partnered up with Marubeni, the major Japanese integrated trading and investment conglomerate, to explore 'a selected offshore wind development opportunity in Japan.'The companies…
Japan will accelerate its efforts to develop offshore wind power projects, its industry minister said on Friday.Officials in the resource-poor Japan are concerned Russia's invasion of Ukraine and the ensuing surge in oil prices could hit economic growth…
Australian engineering firm Worley has won awarded a contract with Singapore's Keppel Offshore & Marine for engineering services for the construction of two offshore substation platforms (OSS) for a wind farm project.'We'll provide detailed…
Japan's Mitsubishi Corp is confident that the three offshore wind farms it won last year in auctions will be profitable despite the low feed-in tariff prices it bid, the head of its energy solutions unit said on Thursday.The Japanese government on Dec…
Singapore-based offshore shipping, shipbuilding, and ship maintenance company Marco Polo Marine has partnered up with green tech ship design company Seatech Solutions International to co-develop two new specialized offshore wind service, operation…
Aker Offshore Wind and Mainstream Renewable Power have closed the transaction which will see them take an initial 50 percent ownership stake in Progression Energy's 800 MW floating offshore wind project in Japan.The news comes after the two…
Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…
Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…
High Tien Offshore (HTO) signed a Letter of Intent with Jong Shyn Shipbuilding (JSS) to build Taiwanese Crew Transfer Vessels (CTV) in JSS' shipyard for use in the Taiwanese offshore wind farm industry, supporting developers’ bidding for the offshore windfarms of zonal development in Round 3…
Australia's Victoria state on Friday set targets of at least 2 gigawatts (GW) of offshore wind power by 2032, and 9 GW by 2040, setting up ambitious goals to help fill a gap in power supply as coal-fired plants shut down.Australia, heavily dependent on coal-fired power…
Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…
Korea Floating Wind ('KF Wind'), a joint venture between Ocean Winds and Aker Offshore Wind, has received its second Electric Business License (EBL) from South Korea's government for a capacity of 450 MW, 'Obtaining the second EBL represents…
Japanese construction firm Kajima Corporation and Dutch offshore installation contractor Van Oord have been selected as the preferred Balance of Plant contractors for three offshore wind projects in Japan. In December 2021 the Government of Japan selected three consortiums…
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