Achieving a net-zero future is a challenging task for all countries around the globe. The problematic pieces of the energy transition jigsaw need to shrink as renewable energy sources continue to be explored, expanded and nurtured through new investments.
Ørsted has awarded NKT with a supply contract for the delivery of the high-voltage DC on- and offshore export cable system for the Hornsea 3 wind farm offshore the UK. For NKT, the final order has an estimated contract value of approximately €500 million in market prices. The contract will comprise
The European Union has reached a provisional deal to raise the share of renewables in its final energy consumption to 42.5% by 2030, under the revision of the Renewable Energy Directive (RED).
The Netherlands Enterprise Agency (RVO) has issued a tender for offshore geotechnical investigations at the Nederwiek Wind Farm Zone. The contracts to be awarded under the tender, which is divided into two lots, are valued at €45.5 million in total. Through the first lot, RVO will award a contract w
ZTT Submarine Cable & System has been awarded an engineering, procurement, installation, and commissioning (EPIC) contract for the subsea cable for the CGN Huizhou Port II Offshore Wind Power Project in China. Under the contract, 170-kilometre 220 kV three-core subsea cable will be supplied and inst
Denmark-headquartered cable manufacturer NKT has signed the necessary agreements with Taiwanese Walsin Lihwa for the establishment of the recently announced joint venture that will support the construction of the first subsea power cable factory in Taiwan. NKT’s delegation visited the head office of
The subsea export cable for the South Fork wind farm offshore New York has now been installed, according to an update Eversource Energy posted on social media. The installation work, carried out by the Belgian company DEME using its dual-fuel cable laying vessel Living Stone, started in February wit
The International Renewable Energy Agency (IRENA) has outlined the investment needs of $35 trillion by 2030 as the price for the green shift.
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar
Neart na Gaoithe Offshore Wind Farm Limited (NnGOWL) has announced that it is planning to conduct a pre-lay grapnel run (PLGR) and commence cable lay out for the first campaign of six inter-array cables and one interconnector between the two offshore substations, within the wind farm’s site in Scotl
LS Cable & System (LS C&S) has won a contract, worth approximately KRW 110 million (about $85 million), to supply submarine cables to Taiwan Power Corporation (TPC) for an offshore wind farm planned to be built in Changhua County, Taiwan. By winning this contract, LS C&S secured the rights to supply
Crown Estate Scotland has selected 13 out of a total of 19 applications with a combined capacity of around 5.5 GW in the world’s first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms. INTOG (Innovation and Targeted Oil & Gas) leasing aims to at
The largest European center for sea trials entirely dedicated to floating wind power and marine renewable energies called the OPEN-C Foundation has been set up in France by major industry players.
Equinor and Polenergia have completed geophysical and geotechnical surveys for the MFW Bałtyk II and MFW Bałtyk III offshore wind farms, located in the Polish Baltic Sea. The seabed surveys were carried out by a fleet of ten vessels owned by different contractors along a 1,000-kilometre section for
