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- Category: Company News
TenneT advanced its work on onshore and offshore electricity infrastructure during the first half of 2025. Since January 2025, TenneT Netherlands and TenneT Germany have operated independently under TenneT Holding. A decision on a structural financing solution for TenneT Germany—either a private share placement or an IPO—is expected in September 2025.
- Category: Company News
GE Vernova’s second quarter 2025 financial results reflect mixed performance across its wind segment, with growth in onshore deliveries but continued financial losses driven by offshore service costs and tariffs. While the wind segment faces financial headwinds, GE Vernova continues to emphasise its long-term commitment to renewables through targeted investment in technology, grid integration, and energy transition support.
- Category: Company News
Natural Power has appointed Eoghan Tuite as Country Lead for Ireland, following the recent promotion of Ciaran Farrell to Managing Director. Eoghan will oversee the delivery of the company’s full range of services from its offices in Castlebar and Dublin.
- Category: Company News
Equinor has reported an impairment of USD 955 million in the second quarter of 2025, primarily related to its offshore wind activities in the USA. The impairment stems from regulatory changes that have reduced future synergies for the Empire Wind 1 and South Brooklyn Marine Terminal project, and increased tariff exposure.
- Category: Company News
Saipem and Subsea7 have entered into a binding merger agreement, confirming the terms outlined in the Memorandum of Understanding signed on 23 February 2025. The combined company, to be named Saipem7. Saipem7 will benefit from complementary capabilities, technologies and geographic reach. No single country is expected to account for more than 15% of the combined backlog. The merged group will also consolidate its vessel fleet and technical portfolio across energy markets.
- Category: Company News
The company is launching a capital increase to support growth in countries with stable regulation and strong credit ratings, while maintaining its financial position and dividend policy.
- Jud Virden appointed as new director of NREL
- Alexandra Hof appointed regional head of service for Northern Central Europe at FairWind
- bp to sell USA onshore wind business to LS Power
- Van Oord orders new subsea rock installation vessels
- Cadeler takes delivery of Wind Keeper and secures contract with Vestas
- Vattenfall reports higher underlying profit despite lower sales in first half of 2025
- ONP Management and Semco Maritime explore collaboration in floating wind
- Tobias Keitel joins RWE Offshore Wind management board as CTO
- Clare Horner appointed Director of Consulting at Natural Power
- Iberdrola reports 4.8% growth in electricity distribution in first half of 2025
- Empire Energy and Ellevo form joint venture for offshore wind logistics
- Global Wind Service names Rasmus Ravn as new COO
- Nordex records 2.3 GW in second-quarter orders for 2025
- RWE extends CEO Markus Krebber’s contract until 2031
- EWT Systems dispatches first turbine under new ownership
- Giles Dickson to step down as CEO of WindEurope in 2025
- Westcon Løfteteknikk named Norwegian distributor for LMS and Modulift equipment
- Integrated Wind Solutions takes delivery of fifth offshore wind vessel
- Rosenxt expands subsea capabilities with acquisition of Beam assets
- Peak Wind and Wood Thilsted partner on Power-to-X engineering
- NeXtWind secures funding to repower German wind farms
- ABO Energy sells Greek operations to Helleniq Energy
- Natural Power appoints Ciaran Farrell as new managing director
- Edison Chouest launches ECO Liberty to support offshore wind work in New York
- Nexans finalises sale of Lynxeo to Latour Capital
- Schaeffler adds GPS tracking to smart box system for large wind turbine bearings
- Osbit opens offshore wind assembly facility at Port of Blyth
- Flender expands USA service capacity with new Elgin facility
- Peak Wind appoints Nicolaj Mensberg as new CEO
- RWE offshore wind control centre reaches construction milestone in East Friesland
