Renewable Energy News

Fengmiao I, a 495 MW offshore wind farm, has reached a financial close. The project is owned by Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure V (CI V).PEAK Wind has entered into an Operations Management Agreement (OMA) to oversee the operations of Fengmiao I, ensuring its efficient and reliable performance as the project progresses. The OMA will provide operational management continuing to build up a strong Taiwan Operations setup–all with…

A new study released by UMAS and UCL Energy Institute Shipping and Oceans Research Group shows that poor access to funding and higher costs of capital in developing countries could almost double the prices of e-fuels they produce, compared to developed economies, even when renewable energy resources such as onshore wind and solar are superior. The report, "The Cost of Capital Challenge in Delivering a Just and Equitable Transition for Shipping," compares the costs of producing e-ammonia - a promising low emission shipping fuel - across Australia, Brazil, India, and African nations.

The Australian Renewable Energy Agency (ARENA) has announced the first recipient from its Hydrogen Headstart Program, with $814 million in funding allocated under round 1 to Copenhagen Infrastructure Partners’ (CIP) 1,500 MW Murchison Green Hydrogen Project in Western Australia.The Murchison Green Hydrogen project is being developed by CIP. Murchison involves large-scale production of renewable hydrogen and ammonia in Western Australia. The project will be located approximately 15 km north of the coastal town of Kalbarri and will include up to 1.5 GW of electrolysis and 3…

The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and the Crown Estate, have appointed Cammell Laird shipyard to carry out a detailed analysis of the future market opportunity for U.K.-built ships in offshore wind. The work will help develop knowledge of how the U.K. can provide vessel manufacturing to support offshore wind, delivering jobs and economic investment to communities around the country.With over 850GW of offshore wind capacity expected to be installed globally by 2050…

Kongsberg Maritime has signed a contract for the design and equip two multi-purpose subsea vessels for Olympic Group, which will be methanol-ready and feature battery hybrid technology.The UT7623 Sustainable Energy Vessels (SEVs) are the first references for Kongsberg Maritime’s latest subsea construction vessel designs and will feature a fully integrated package of technology including rim-drive propulsion, hybrid power and winch systems.The vessels will be constructed at the CMHI shipyard in Shenzhen…

In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration, then President-elect Donald Trump referred to wind turbines (both onshore and offshore) as “garbage in a field” and described electric power produced through offshore wind as “…the most expensive energy ever…”In the same briefing…

The Japan Energy Summit & Exhibition 2025 Executive Committee convened in Tokyo under the leadership of Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA), to define the event’s agenda and assess the challenges shaping Japan’s energy future.As Japan navigates LNG supply uncertainties, decarbonization targets, and evolving global energy partnerships, the Pre-Summit Industry Panel, attended by over 100 senior energy professionals, explored the implications…

Consortium partners Semco Maritime and PTSC M&C have completed the load-out and sail-away of the second and last offshore substation for the Hai Long Offshore wind project in Taiwan.The load-out and sail-away of the second substation for Hai Long 3 offshore wind farm, which took place on March 8, 2025, comes almost a year after the first substation for Hai Long 2 was delivered to the project site.The project exceeds 1 GW and consists of Hai Long 2 and Hai Long 3 wind farms in the Taiwan Strait 45-70 kilometers off the coast and is jointly developed by Mitsui & Co…

Van Oord’s offshore installation vessel Boreas has arrived in the Netherlands after a voyage from China of almost 14,700 nautical miles for final outfitting and christening before embarking on its first offshore wind project.The Boreas is currently docked at TMA Logistics in the Port of Amsterdam, where the vessel will undergo its final completion and commissioning phase.Its decks will simultaneously be outfitted with wind turbine foundation equipment and installation tools in preparation for its first assignment. The christening will take place in Rotterdam in June.

The European Hydrogen Bank’s second auction for the production of renewable hydrogen has attracted 61 bids from projects in 11 countries with the European Economic Area (EEA). Eight of the bids were submitted under the dedicated maritime topic by hydrogen producers with off-takers in the maritime sector. The total grant support requested is more than €4.8 billion ($5.2 billion), four times the available budget of €1.2 billion provided by the Innovation Fund. All bids taken together account for a total electrolyzer capacity of around 6.3 Gigawatts (GWe).

The outcome of MEPC 83 in April could establish the IMO’s mid-term GHG and carbon pricing strategy for achieving net-zero by around 2050. Not everyone is waiting; they have enough confidence in the LNG pathway to order new ships.According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 34 new orders for alternative-fueled vessels were placed in February 2025, 33 of them for LNG-fueled container ships.The trend is continuing this week with CSSC subsidiary…

This week, the European Commission presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.It was generally well received by European shipowners and ports, and it was generally good news for the hydrogen industry.Blackridge Research & Consulting recently listed the top seven green hydrogen projects globally, noting that the EU is among the leaders with projects such as BrintØ Green Hydrogen Island in Denmark…

Furetank has completed its first bunkering of 200 tonnes of ISCC certified Bio-LNG, in collaboration with environmental commodity trader STX Group and Molgas.The tanker vessel Fure Viken was bunkered whilst anchored outside Mongstad, Norway.The bio-LNG helps Furetank comply with the new FuelEU Maritime Regulation, requiring a 2% reduction in the greenhouse gas intensity of vessel fuel by 2025.Bio-LNG is a mass balanced product where biomethane of certified origins is purchased and injected into the gas grid…

The European Commission has presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.President Ursula von der Leyen said: “Europe is not only a continent of industrial innovation, but also a continent of industrial production. However, the demand for clean products has slowed down, and some investments have moved to other regions. We know that too many obstacles still stand in the way of our European companies from high energy prices to excessive regulatory burden.

The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that as its start up is set to rock the seaborne iron ore market.The first cargoes from the project may arrive by the end of this year and it's expected that it will ramp up to its full capacity of 120 million metric tons per annum fairly quickly.The four blocks of Simandou are impressive in their scale and infrastructure challenges…

The EU granted $8.1 million to the STEESMAT project, which aims to develop a new power distribution systems for the zero-emission ships of the future.Spearheaded by Maritime CleanTech, 13 partners will collaborate on the development of an innovative power distribution system tailored to the needs of tomorrow’s emission-free vessels. This tech is aiming to simplify the integration of modern green energy sources while optimizing the efficiency of existing solutions. “The Norwegian maritime industry is a global leader in green solutions…

Investment group Eurazeo has made a $73.1 million investment in MPC OSE Offshore, a joint venture established by MPC Capital and German offshore services firm O.S. Energy, with the aim of building and managing new service operations vessels (SOVs) for offshore wind farms.Eurazeo made the investment through its Eurazeo Transition Infrastructure Fund (ETIF), a fund with a sustainable investment strategy focusing on the transition of essential infrastructure to a low-carbon economy.This…

James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move furthers James Fisher’s intention to bring its integrated offering and solutions to Japan’s energy transition, maritime security and defense needs.The group already has a partnership covering the offshore wind service industry, including a…

LD Tide, a joint venture between Louis Dreyfus Armateurs and Tidal Transit, has been selected to supply a Crew Transfer Vessel (CTV) for the operation and maintenance services of the 488 MW offshore wind farm, being developed by Ocean Winds in France.The new vessel is scheduled to start operations mid-2025 at the Eoliennes en Mer des Îles d’Yeu et de Noirmoutier (EMYN) offshore wind farm.Following an international call for tenders, Siemens Gamesa has selected LD Tide to provide…

The offshore wind sector is bracing for transformative changes as it navigates shifting political landscapes and evolving market demands. To shed light on the current state of the industry, Maritime Reporter TV interviewed Phil Lewis, Director of Research at Intelatus, an international offshore energy markets expert, to discuss the trends shaping the Service Operation Vessel (SOV) and Construction Service Operation Vessel (CSOV) markets and the future of U.S. offshore wind under…

Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project delays, soaring costs, and the potential loss of federal support under former President Donald Trump’s proposed policies.The downturn in the offshore wind sector over the past two years has led to prolonged project delays, budget overruns, and even outright failures of planned wind farms…

Renewable energy company Source Galileo has signed a non-exclusive memorandum of understanding (MoU) with Portland Port, a commercial port on the South Coast of England, to jointly advance offshore wind development off Dorset coast in English Channel.Portland Port has a history of servicing the offshore wind sector and is in discussions with potential partners to enable and support the future construction and operation of offshore wind developments in the English Channel.With significant deep-water berths and quayside space…

As global reliance on subsea infrastructure grows, so do the risks. Discover how safeguarding undersea assets opens new frontiers for innovation and investment.Importance of Subsea InfrastructureSubsea infrastructure plays a critical role in maintaining the operational continuity of the modern society and the global economy. This vast network includes subsea data and communication cables, pipelines for energy transportation, electricity cables, and resource extraction systems.