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- Category: Company News
Mitsui O.S.K. Lines (MOL) and Mitsui & Co. have acquired the terminal and port operations at the Port of Nigg in the United Kingdom from GEG. The deal also includes businesses involved in steel processing and in the manufacture of machinery and equipment for the offshore wind, oil and gas sectors. A share purchase agreement has been signed.
- Category: Company News
Acciona reported a net income four times higher than in the same period last year. Results were supported by infrastructure earnings, higher electricity prices, Acciona Energía’s asset rotation strategy and the contribution of Nordex.
- Category: Company News
Fugro’s results for the first half of 2025 were affected by geopolitical and economic uncertainties. The first quarter’s uncertainty continued into the second quarter, leading to project delays and reduced work scopes, particularly in the offshore wind sector. This resulted in lower revenue and earnings before interest and tax. Free cash flow was affected by lower earnings before interest, tax, depreciation and amortisation, combined with front-loaded capital expenditure.
- Category: Company News
Renewable sources account for 86% of EDP’s total installed capacity (EBITDA plus equity), reaching 27.7 GW as of mid-2025. This includes 2.1 GW of equity in onshore wind and solar across North America, Iberia and the Asia-Pacific region, hydro in Brazil, and offshore wind in Europe. Over the past 12 months, 3.5 GW of new wind, solar and distributed solar generation were added, mainly in Brazil, USA, Italy, Spain, Greece, Poland, Romania, Hungary, the Netherlands and France.
- Category: Company News
Seatrium reported a net profit of 144 million Singapore dollars for the first six months of 2025, compared with 36 million Singapore dollars in the same period of 2024. Revenue increased by 34 percent to 5.4 billion Singapore dollars, while gross margin improved to 7.4 percent from 3.7 percent.
- Category: Company News
Subsea7 reported growth in profitability in the second quarter of 2025 with an adjusted EBITDA margin of 20.5 percent. In offshore wind, Seaway Strashnov and Seaway Alfa Lift began work at Dogger Bank C in the UK to install 87 monopiles. Seaway Ventus started installation of 95 monopiles at the East Anglia Three project, also in the UK. At He Dreiht in Germany, Seaway Aimery and Seaway Moxie carried out cable installation.
- Vattenfall explores seaweed cultivation alongside offshore wind power
- Great Lakes launches Acadia subsea rock installation vessel at Hanwha Philly Shipyard
- Statkraft adjusts strategy after strong quarter but lower prices
- Inyanga to manage hybrid vessel Tor Boreas for offshore wind work
- Nordex reports increase in orders and earnings in second quarter 2025
- Enercon expands mechatronic component production in Germany
- Tennet continues expanding grid in the Netherlands and Germany
- Wind segment update: GE Vernova Q2 2025 results show growth in deliveries and continued investment
- Eoghan Tuite appointed Country Lead for Ireland at Natural Power
- Equinor reports offshore wind impairment linked to USA regulatory changes
- Saipem and Subsea7 to merge and form Saipem7, headquartered in Italy
- Iberdrola accelerates network investment strategy in USA and UK
- 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
