Offshore News

Ørsted Joint Venture Secures Project Rights in Ireland: Ørsted and ESB Awarded Contract for Irish 900 MW Offshore Wind Farm

Nov 27, 2025 14:14 | Fredericia (Denmark) - The joint venture between Ørsted and ESB has received a provisional award from the Irish Department of the Environment, Climate and Communications for the development rights of the Tonn Nua offshore wind site off the coast of County Waterford, Ireland. read more...

Vestas 15-MW Mega Turbine: EnBW Offshore Wind Farm He Dreiht Produces First Electricity

Nov 27, 2025 09:01 | Karlsruhe (Germany) - Germany’s currently largest offshore wind farm, He Dreiht, has produced electricity for the first time. Operator EnBW connected the first of a total of 64 wind turbines to the grid yesterday. With this first kilowatt-hour, an important milestone on the way to full commissioning in summer 2026 has been reached. read more...

Cadeler Significantly Increases Revenue and Profit - Fleet Expanded to Nine Vessels

Nov 20, 2025 17:29 | Copenhagen (Denmark) – The Danish offshore wind installer Cadeler A/S reported strong operational and financial results for the nine-month period from January to September 2025. read more...

Offshore Innovation by Ørsted in the North Sea: Luxcara Chooses Ørsted’s Low-Noise Osonic Installations

Nov 19, 2025 17:13 | Fredericia, Denmark – Danish offshore wind pioneer Ørsted is taking its low-noise installation method Osonic into the commercial phase. The company has signed a framework agreement as preferred supplier with the German energy infrastructure asset manager Luxcara. read more...

Northland Power Q3 Results: Revenue Rises - Net Loss Doubles - Dividend Cut - Stock Plummets

Nov 14, 2025 11:28 | Toronto (Canada) - Northland Power has released its results for the third quarter of 2025. Revenue increased by 13?percent to CAD?554?million (approx.?EUR?340?million), while adjusted EBITDA also rose by 13?percent to CAD?257?million (approx.?EUR?158?million). Free cash flow per share improved to CAD?0.17 (approx.?EUR?0.10). read more...

Light Reduction on The Dutch Coast: Lanthan Safe Sky Equips More Than 160 Wind Turbines in the Netherlands With BNK Technology

Nov 14, 2025 09:16 | Walldorf (Germany) - In the Dutch province of Flevoland, another major project for the deployment of on-demand night-time marking (BNK) on wind turbines has gone into operation. The BNK technology used in the project is provided by the BNK specialist Lanthan Safe Sky (LSS), based in Walldorf. read more...

Eneco And Deutsche Windtechnik Cooperate for Maximum Availability: Deutsche Windtechnik Takes Over Service for Prinses Amalia Wind Farm

Nov 13, 2025 12:24 | Bremen (Germany) - The renewable energy provider Eneco has selected Deutsche Windtechnik as the new service partner for the Prinses Amalia Wind Farm in the Dutch North Sea. read more...

Stock Market Week 45/25: RENIXX Hits Another Yearly High - High Volatility Slows Uptrend - Canadian Solar, Vestas, Xinyi Solar, and Solaredge Post Double-Digit Gains

Nov 11, 2025 08:29 | ünster (Germany) - The RENIXX World Index rose sharply at the beginning of last week and closed Thursday at a new yearly high. Positive corporate reports in particular lifted the index and set the tone. However, a significant correction followed on Friday, reflecting the currently high volatility in the renewable energy market. By the end of the week, the RENIXX managed to remain only slightly in positive territory. read more...

Wood Mackenzie Analysis: Renewable Energy to Reach Record-Low Global LCOE in 2025

Oct 27, 2025 11:21 | Edinburgh (Scotland) – The levelized cost of electricity (LCOE) for renewable energy continues to fall in 2025. Across all regions, renewable technologies demonstrate clear cost advantages over conventional power generation. Solar and wind power, in particular, are consolidating their position as leading energy sources, while storage solutions are becoming increasingly economically viable. read more...

Green Boost for Europe’s Power Mix: Renewables Dominate Iberdrola’s Electricity Mix from January to September 2025 with 86 Percent

Oct 22, 2025 14:25 | Bilbao (Spain) - The Spanish energy group Iberdrola distributed 188,753 billion kWh (188,753 GWh) of electricity worldwide in the first nine months of 2025 - an increase of 6 percent compared to the previous year. read more...

Global Energy Transition Falters Despite Record Growth - Why the Pace Is Still Not Enough for the 1.5 °C Goal

Oct 17, 2025 08:44 | Abu Dhabi (UAE) / Brasília (Brazil) - The global energy transition is not progressing fast enough, despite a record-breaking expansion of renewable energy in 2024. A new report by IRENA, the Brazilian COP30 Presidency, and the Global Renewables Alliance (GRA) identifies significant shortfalls in investment, grid infrastructure, and policy targets - with immediate relevance for the upcoming UN Climate Conference COP30. read more...

EU Power Grid Stable Even with 200,000 MW of Renewables - Spanish Blackout Caused by Conventional Power Plant Planning Failure

Oct 14, 2025 14:52 | Münster (Germany) - The expansion of renewable energy across Europe is having a growing impact and is increasingly visible in the power grid. Last weekend, renewable generation in the EU peaked at nearly 200,000 MW, significantly surpassing the 78,000 MW provided by conventional power plants. read more...

New Leadership Team Drives International Strategy: Deutsche Windtechnik Strengthens Offshore Business with New CEO Achim Berge Olsen

Oct 09, 2025 12:09 | Bremen (Germany) - Deutsche Windtechnik has reorganized the leadership of its offshore unit: Achim Berge Olsen has taken over as CEO since October 1, 2025. The previous offshore CEO, Jens Landwehr, moves into the newly created dual role of CFO/CTO. read more...

France’s Wind Market in Focus: VSB France Starts Construction of Its Largest Wind Farm – Market Gains Momentum

Oct 08, 2025 17:11 | Nîmes (France) – Despite political and bureaucratic challenges, the French wind energy market continues to grow dynamically. Current projects and developments, such as the start of construction of VSB France’s Pays d’Auge wind farm and new production records, demonstrate that renewable energies are playing an increasingly important role in the country’s energy mix. read more...

RENIXX Halts Downtrend, Hits Yearly High – Bloom Energy, Solaredge, and Nordex Shine in Year-to-Date Performance

Sep 25, 2025 15:29 | Muenster – The global stock index RENIXX (Renewable Energy Industrial Index) reached a new yearly high of 1,056.13 points on September 22, 2025. This puts the index 7.5% above its level at the beginning of the year, signaling a recovery after several years of declines. The RENIXX includes the 30 largest companies in the sector worldwide by market capitalization and has tracked the global development of renewable energy since 2002. read more...