The European Commission has approved Hungary’s €2 billion capital injection into Magyar Fejlesztési Bank to finance sectors affected by market failures.
Principle Power has secured an O&M support contract for the 30 MW EFGL project, covering three WindFloat® foundations operating in the French Mediterranean.
Ørsted has completed all 197 concrete working platforms for Hornsea 3. About half have been transported from Świnoujście in Poland to the Port of Tyne for the offshore foundation campaign.
Windcat and Ørsted have signed five-year contracts for seven crew transfer vessels supporting offshore wind operations from Grimsby’s Royal Docks.
Clarkson Port Services BV will provide port and agency services in Den Helder, Rotterdam and Eemshaven during construction and commissioning of the 795 MW OranjeWind offshore wind farm.
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.
