
Cadeler Revenue Rises on Fleet Growth
Cadeler reported higher first-quarter revenue and EBITDA as its expanded offshore wind installation fleet supported activity across key markets.

Cadeler reported higher first-quarter revenue and EBITDA as its expanded offshore wind installation fleet supported activity across key markets.

Mingyang Smart Energy is considering Spain and other European locations for a turbine plant after UK support for its Scottish factory was blocked.

Global Port Services Shipping has won a multi-million-pound vessel support contract for Seaway7’s Inch Cape Offshore Wind Farm work in Scotland.

Gulf Development has established a UK subsidiary to support European energy expansion and strengthen its offshore wind investments in Germany and the UK.

A French consortium has launched RHODÉ to develop and test floating HVDC grid connection technology for deepwater offshore wind farms from 2040 onward.

TotalEnergies reportedly plans to withdraw from several German offshore wind leases as rising construction costs and slower grid expansion weigh on project economics.

Dajin Heavy Industry is reviewing offshore wind installation vessel development as Europe prepares for larger turbines and heavier foundations.

NextEra Energy and Dominion Energy agreed an all-stock merger that would create the world’s largest regulated electric utility business.

China has started operating an offshore wind-powered underwater data center in Lingang, using direct wind power supply and seawater cooling for low-carbon computing.
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