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Chinese manufacturer Envision is in line to supply Saudi developer Acwa Power’s 1.1GW wind farm in the Gulf of Suez in Egypt. Acwa “has selected Envision turbines and is currently undertaking supply chain due diligence”, according to the European Bank for Reconstruction and Development (EBRD). The EBRD is in turn considering providing a $200 million loan for the wind farm. Acwa is looking to develop the project alongside the EBRD, French investment and asset manager Meridiam and Egypt’s Hassan Allam Utilities. EBRD documents reveal the developers plan to use 138 of Envision’s 8MW turbines with rotor diameters of 182 metres…

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Netherlands-based Saltwater Engineering has announced the launch of its latest vessel design, Blue Quest, optimised for a wide range of offshore survey applications. Source: Saltwater Engineering Saltwater Engineering said that Blue Quest was crafted to embody multifunctionality within a streamlined and efficient design. The company added that the new vessel design serves as a versatile platform, easily mobilised to suit a variety of offshore survey services. The vessel is tailored for geophysical surveys, minor geotechnical works, and UXO identification and removal. By integrating drones, ROVs, and USVs, Blue Quest is said to deliver a complete inspection package for both floating…

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Offshore Energy Exhibition & Conference 2024 (OEEC 2024) is coming up this month. Work on the event is at full steam at Navingo (the company behind OEEC and offshoreWIND.biz brands) with final tweaks and preparations underway. The exhibition floor has been almost completely booked and visitors are now getting OEEC tickets.  Offshore Energy Exhibition & Conference 2023; Photo: Navingo As OEEC 2024 takes final shape, our conference programme[1] promises an interesting series of panel sessions where you can learn where the industry is and what awaits next. From floating wind, carbon capture and storage (CCS), grids and interconnectors, and much more. More…

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The construction of the operations & maintenance (O&M) base for RWE’s Thor offshore wind farm has officially started with a ground-breaking ceremony at the Port of Thorsminde. The construction works on the new base are scheduled to take around twelve months. Visualization of the Thor O&M base; Image: RWE A team of 50 to 60 people will work from the new building to operate and maintain the 1 GW Thor, Denmark’s largest offshore wind farm to date. The service building will cover 2,300 square metres on three floors and will comprise a control room to monitor and manage wind farm…

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A Floating Light Detection and Ranging (FLiDAR) buoy has been deployed at the Parque Nordés offshore wind project site in Spain, which is being developed jointly by BlueFloat Energy, Plenitude, and Sener. A FLiDAR detection buoy was installed in the area where the Parque Nordés floating wind project is expected to be located off the waters of the Galician Ártabra coast. According to BlueFloat Energy, the technology will allow the partners to gather real-time data on marine conditions, wind resources, and the presence of birds and marine life. The buoy was deployed from the Ferrol Port, with all operational work…

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Sathlokhar Synergys E&C Global Limited, a specialized EPC services provider, announced its Unaudited Financial Results for H1 FY25. Key Financial HighlightsReflecting on the company’s achievements in H1 FY25, Mr G. Thiyagu, Chairman MD & CEO of Sathlokhar Synergys E&C Global Limited, expressed, “I’m immensely proud of the remarkable progress and growth we have achieved at Sathlokhar. This half-year has been transformative for Sathlokhar. Our listing on August 6th, 2024, was a defining moment, and these outstanding results further validate our commitment to excellence and growth. With a 205.99% increase in revenue to Rs14,250.98 lakhs, a 315.78% jump in EBITDA to…

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Indian Oil Corporation Limited (IOCL) and Tirumala Tirupati Devasthanams (TTD) have partnered to set up a biogas plant at Tirumala, designed to process 40 tonnes of waste per day (TPD). The initiative aims to promote sustainable energy generation and improve waste management efficiency. The foundation stone for the plant was laid by TTD’s Additional Executive Officer, Ch. Venkaiah Chowdary, with IOCL’s Executive Director and State Head, B. Anil Kumar, in attendance on Wednesday. The primary goal of the plant is to produce biogas for use in kitchen burners and boilers for cooking, as well as for generating steam at TTD’s…

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Nomura has forecast strong growth for India’s power sector, projecting a compound annual growth rate (CAGR) of over 7% in electricity demand between FY24 and FY27. This surge is attributed to a combination of factors, including an uptick in economic activity, greater electrification, and rising demand from emerging sectors such as data centres, electric vehicle (EV) charging, and green hydrogen production. Changing weather patterns, which have recently led to supply shortages, are also expected to contribute to the increasing demand for power. In FY25, electricity consumption is anticipated to rise by 7.2% year-on-year, slightly higher than the 7.1% growth recorded…

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Norwegian offshore wind developer Vårgrønn has entered into the German offshore market after agreeing to buy a 27.4% stake in the 288MW Baltic 2 project.  The company – a joint venture of Italian oil major Eni’s Plenitude subsidiary and Norwegian oil and gas firm HitecVision – will buy the stake in the offshore wind farm from the PGGM Infrastructure Fund.  CEO Stephen Bull said: “This transaction provides Vårgrønn with a significant platform for further growth and important operational insight in a new market.” After the deal closes, the German utility EnBW[1], which developed the project, will retain a majority 50.1%…

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