General – Cable Repair
DOF has announced an investment in a first-of-its-kind, modular cable repair spread designed to transform how offshore wind operators respond to cable faults.
[Read more…] about DOF invests in Modular Cable Repair Spread
Investment to accelerate South Korea’s transition to renewable energy
Wind Energy – South Korea
Vena Energy, a leading green energy solution provider in the Asia-Pacific region, has announced an investment to accelerate South Korea’s transition to renewable energy and enhance its energy independence.
[Read more…] about Investment to accelerate South Korea’s transition to renewable energyChina is planning more investment into offshore wind turbines
General – China
China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060.
[Read more…] about China is planning more investment into offshore wind turbinesNext Ocean secures investment to scale offshore safety technology
General – Safety Technology
Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide.
[Read more…] about Next Ocean secures investment to scale offshore safety technologyOrsted slashes 2030 investment program by 25%
Wind Energy – Investment
Denmark’s Orsted has decided to cut its 2030 investment program by 25%, the renewable energy firm said on Wednesday to Reuters, as the offshore wind industry grapples with rising costs and supply chain issues.
[Read more…] about Orsted slashes 2030 investment program by 25%Pemex plans $1.9-billion investment in offshore field
Fossil Energy – Investment
Mexico’s Pemex plans to invest USD 1.9 billion in increasing production from the Bacab mature offshore field.
[Read more…] about Pemex plans $1.9-billion investment in offshore fieldJERA committed to achieving net zero CO2 emissions by 2050
General – Investment
JERA has invested approx. 2M USD in Advanced Ionics, a US-based company, that develops a new type of electrolyzer technology that uses both electrical and thermal energy to produce hydrogen.
[Read more…] about JERA committed to achieving net zero CO2 emissions by 2050Ørsted brings in Cathay Life Insurance as investor in Greater Changhua 4
Wind Energy – Taiwan
Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings, under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm.
[Read more…] about Ørsted brings in Cathay Life Insurance as investor in Greater Changhua 4Tokyo Gas joins Ocean Winds in pioneering floating project
Wind Energy – WindFloat Atlantic
Tokyo Gas announces that it has made an investment in the WindFloat Atlantic operational floating offshore wind farm in Portugal.
[Read more…] about Tokyo Gas joins Ocean Winds in pioneering floating projectDevelopment offshore wind port infrastructure Gdańsk
General – Poland
European Commission has just approved a €194 million investment for an offshore wind terminal at the Gdańsk seaport.
[Read more…] about Development offshore wind port infrastructure Gdańsk