Cadeler has signed an EIFO-backed EUR 247 million green loan to partly fund Wind Apex, its third A-class offshore wind installation vessel, with delivery expected in Q2 2027.
Korea Midland Power has closed financing for the 390MW Shinan-Wi offshore wind project, which will install 26 turbines and South Korea’s first commercial offshore substation.
Baltic Power has supplied Poland’s first offshore wind electricity to the national grid. The 1.1 GW Northland Power and ORLEN project targets commercial operations in the second half of 2026.
OWC and GoBe Consultants have signed an MoU to support UK offshore wind decommissioning as around 5 GW of capacity approaches end of life in the 2030s.
A Fraunhofer IWES study finds that expanding offshore wind capacity into neighboring countries’ waters could increase energy yields and reduce offshore electricity costs while supporting Germany’s 70 GW offshore wind target by 2045.
The PlemCat test site has secured Environmental Impact Assessment approval for the NextFloat Project in Spain, enabling deployment of X1 Wind’s X100 8.5 MW floating offshore wind platform following recent DNV design validation.
Wood Thilsted and COP Frontier launched Neretek in London with BC90, a foundation technology for fixed-bottom offshore wind projects in 60–90 m water depths.
BP is considering withdrawing from the 450 MW Yamagata Yuza offshore wind project in Japan, with remaining partners likely to take over its 25% stake.
Boskalis has installed 31 inter-array cables at a 496 MW offshore wind farm in France using the cable-laying vessel Ndurance after loading project cables in Greece.
