Subsea power cable manufacturer NKT has reported a record-high order backlog for high-voltage cables for 2023, with 45% of orders coming from offshore wind. At the end of last year, NKT’s order backlog was at €10.8 billion, more than double the company saw at the end of 2022. In its full-year 2023 r
French engineering, advisory, and project management services company DORIS has acquired a compatriot company active in the fixed offshore wind, floating offshore wind, and floating solar market. Through acquiring WINDGLAS, DORIS’ scope of service that is to be offered to the offshore wind industry
In the year in which it saw “considerable progress” on its sustainability agenda, Nexans has reported a “historic high” adjusted EBITDA of €665 million for the 2023 financial year, a +8.2% increase year-on-year, outperforming the target. Nexans’ EBITDA including share-based payment expenses amounted
Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy
PGS has been awarded an offshore wind site characterization contract in Europe for an unnamed project. Mobilization is scheduled for early July and the contract has a total duration of approximately two months. The project will be acquired with PGS’ ultra-high-resolution 3D (UHR3D) streamer, providi
Sixteen European partners have started an EU joint industry project (JIP) where floating solar technology is scaled up to standard formats of 150 MW enabling to build gigawatt scale farms. The BAMBOO project (Building scAlable Modular Bamboo-inspired Offshore sOlar systems) aims to resolve challenge
Seaway7 and Dong Fang Offshore (DFO) have signed a memorandum of understanding (MOU) on collaboration in the Taiwanese offshore wind market that will focus on cable installation. According to Seaway7, the MOU outlines the intention of the two companies “to collaborate in an exclusive manner and furt
Fugro has been awarded the geophysical survey contract for the development of the Doordewind offshore wind zone in the Netherlands. Fieldwork is planned to commence in April 2024 and will be conducted with Fugro’s geophysical vessel Fugro Pioneer. Onboard are customized digital streamers and process
OX2 and Ingka Investments are expected to submit an application for another offshore wind-to-hydrogen project to the Swedish authorities, after the partners recently applied for a permit to build a similar project off the coast of Blekinge. The second energy hub combining offshore wind energy and gr
Norway-headquartered Deep Wind Offshore has entered into a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind. EU has set a target of 200 million tons of hydrogen produced from renewable energy by 2030. The European Commission launched an action plan that could e
The export cable of the Rentel offshore wind farm is reported to have been damaged. However, the offshore wind farm keeps feeding electricity into the Belgian grid as the offshore power hub, Modular Offshore Grid (MOG), has taken over. Elia, the operator of Belgium’s MOG, says that the cable from th
The Correll Group has secured a contract with Hellenic Cables for the termination and testing of inter-array cables on the wind turbine generators and offshore substation for the 704 MW Revolution Wind offshore wind farm in the US. The Revolution Wind offshore wind farm is being developed by a joint
UTEC, a geo-services brand in Acteon’s Data and Robotics division, has been awarded a contract by Siemens Gamesa Renewable Energy (SGRE) to provide subsea balance of plant operations and maintenance (O&M) services to the German Butendiek offshore wind farm. Under the three-year contract, Acteon will
OX2 and Ingka Investments have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to build the Neptunus offshore energy hub off the coast of Blekinge, in the south of Sweden. The Neptunus offshore energy hub is planned to comprise up to 207 wind turbines with a maximum
