Connection

popular articles

NANO Nuclear raises $18 million to develop micro-reactors
Norway could break its natural gas export record in 2024
BP Announces Closure of Its Kwinana Refinery in Australia and Shifts Focus Toward Clean Energy
Saudi Arabia: partnership to launch onshore wind projects
Tanzania: $12.9 Billion to Strengthen Its Power Grid by 2030

Sumitomo invests in EEW to boost monopile production in Europe

Sumitomo Corporation joins forces with EEW to secure the supply of monopiles, meeting the growing demand for offshore wind power in Europe.

Please share:

Sumitomo Corporation makes a strategic investment in EEW Offshore Wind EU Holding, a Germany-based leader in the production of monopiles, critical structures for offshore wind turbine foundations.
This partnership, scheduled for completion by the end of 2024, comes at a time when Europe is looking to multiply its installed offshore wind power capacity, with ambitious targets for the coming decades.

Meeting growing market needs

The European offshore wind energy market is booming.
Demand for monopiles, essential for stabilizing offshore wind turbines, is set to rise from 650,000 tonnes in 2023 to over one million tonnes by 2026.
EEW, with its expertise in the production of large steel structures, is well positioned to meet this growing demand.
Sumitomo Corporation ‘s investment is aimed at securing this production to support large-scale projects in Europe.
The decision to invest in EEW is part of Sumitomo’s overall strategy to strengthen its position in the European offshore wind market.
This move will enable us to meet the sector’s critical needs, while ensuring a stable supply of essential components, notably monopiles, for which demand continues to grow.

Industrial strategy and partnerships

The partnership with EEW enables Sumitomo Corporation to increase its presence in the European market while optimizing its supply chain.
Thanks to this alliance, Sumitomo can now better meet the needs of projects in Europe, by guaranteeing large-scale production of monopiles, crucial for offshore infrastructures.
By joining forces with a recognized player such as EEW, Sumitomo Corporation has secured a solid position in the face of growing demand from Europe’s offshore wind energy sector.
This investment will enable the company to enhance its offering, diversify its activities and strengthen its influence in the European energy industry.

Register free of charge for uninterrupted access.

Publicite

Latest news

TerraForm Power settles $34.5mn lawsuit with former executive after nine-year litigation
The European Union must invest €1.871 trillion to modernise its power grids by 2050
Innergex secures two 32 MW solar projects in Yonne through CRE approval
Boralex commissions its first 106 MW wind farm in Scotland
MPs and energy experts call for suspension of France’s PPE3 energy roadmap

Recently published in

Boralex commissions its first 106 MW wind farm in Scotland

Boralex has launched operations at the 106 MW Limekiln Wind Farm in Scotland, marking its first operational facility in the United Kingdom, supported by a 15-year public contract and a power purchase agreement.
Nexif Ratch Energy secures key permit for 500 MW offshore wind project in the Philippines
Nexif Ratch Energy has received preliminary environmental approval from the Philippine government to initiate technical studies for its 500 MW San Miguel Bay offshore wind project.
en_1140290950540
Nexif Ratch Energy secures key permit for 500 MW offshore wind project in the Philippines
Nexif Ratch Energy has received preliminary environmental approval from the Philippine government to initiate technical studies for its 500 MW San Miguel Bay offshore wind project.
en_1140290950540
Goldwind posts 40% net profit surge driven by exports
Chinese wind turbine manufacturer Goldwind reported strong 2024 results, fuelled by accelerated overseas sales amid a slowdown in the domestic market.
en_1140290950540-21
Goldwind posts 40% net profit surge driven by exports
Chinese wind turbine manufacturer Goldwind reported strong 2024 results, fuelled by accelerated overseas sales amid a slowdown in the domestic market.
en_1140290950540-21
Vattenfall begins construction of Germany’s largest offshore wind farm
Swedish group Vattenfall has approved the final investment for two major offshore projects in the North Sea, with construction scheduled to start in 2026 and operations expected by 2028.
en_1140290969540
Vattenfall begins construction of Germany’s largest offshore wind farm
Swedish group Vattenfall has approved the final investment for two major offshore projects in the North Sea, with construction scheduled to start in 2026 and operations expected by 2028.
en_1140290969540

European Energy sells six wind farms to Enea to strengthen its strategy in Poland

European Energy has finalised two agreements to sell an 83.5 MW portfolio of wind farms to Enea, reinforcing its position as a renewable energy developer in the Polish market.
Repsol sells 49% stake in Spanish wind and solar portfolio to Schroders Greencoat
Repsol has sold a 49% minority stake in a 400 MW renewable portfolio in Spain to Schroders Greencoat for €580 mn, confirming its co-investment strategy to optimise project profitability.
en_1140290957540-20
Repsol sells 49% stake in Spanish wind and solar portfolio to Schroders Greencoat
Repsol has sold a 49% minority stake in a 400 MW renewable portfolio in Spain to Schroders Greencoat for €580 mn, confirming its co-investment strategy to optimise project profitability.
en_1140290957540-20
Hexicon sells its stake in two Italian floating wind farms to Ingka and Oxan
Swedish firm Hexicon has sold its 50% stake in two floating offshore wind projects off the coast of Italy to Ingka Investments and Oxan Energy for up to €20mn.
en_1140290964540-1
Hexicon sells its stake in two Italian floating wind farms to Ingka and Oxan
Swedish firm Hexicon has sold its 50% stake in two floating offshore wind projects off the coast of Italy to Ingka Investments and Oxan Energy for up to €20mn.
en_1140290964540-1
ABO Energy wins three new wind projects in German federal tender
ABO Energy secured three additional wind projects in the latest tender by the German Federal Network Agency, extending a momentum initiated in 2024.
en_1140290948540-19
ABO Energy wins three new wind projects in German federal tender
ABO Energy secured three additional wind projects in the latest tender by the German Federal Network Agency, extending a momentum initiated in 2024.
en_1140290948540-19

Siemens Gamesa sells 90% of its wind operations in India to TPG

The Spanish group transfers the majority of its operations in India and Sri Lanka to a consortium led by TPG, creating a new entity focused on onshore wind.
Vattenfall to build Germany’s largest offshore wind farm alone
Swedish group Vattenfall acquires BASF’s stake and initiates a 1,610 MW North Sea wind project on its own, with commissioning expected by 2028.
en_1140290959540-18
Vattenfall to build Germany’s largest offshore wind farm alone
Swedish group Vattenfall acquires BASF’s stake and initiates a 1,610 MW North Sea wind project on its own, with commissioning expected by 2028.
en_1140290959540-18
Vena Energy injects USD 200 mn into offshore wind project in South Korea
Vena Energy commits USD 200 mn to an offshore wind project in South Korea to bolster the country’s energy independence, in partnership with local authorities.
en_1140290948540-18
Vena Energy injects USD 200 mn into offshore wind project in South Korea
Vena Energy commits USD 200 mn to an offshore wind project in South Korea to bolster the country’s energy independence, in partnership with local authorities.
en_1140290948540-18
Nexans secures €1bn contract with RTE for offshore wind power
Nexans will supply RTE with 730 kilometres of high-voltage cables to connect three future offshore wind farms off the coasts of Normandy and Oléron, under a framework agreement valued at more than €1 billion.
en_1140290952540-18
Nexans secures €1bn contract with RTE for offshore wind power
Nexans will supply RTE with 730 kilometres of high-voltage cables to connect three future offshore wind farms off the coasts of Normandy and Oléron, under a framework agreement valued at more than €1 billion.
en_1140290952540-18

Baltic Power obtains first conformity certificates for offshore wind farm in Poland

Poland’s Baltic Power project, jointly owned by ORLEN and Northland Power, secured its first design certificates, a key regulatory step towards the construction of its offshore wind farm in the Baltic Sea.
France: Citizens fund €24 mn wind farm in Ille-et-Vilaine
In Martigné-Ferchaud, a group of citizens invested in a wind farm with an annual capacity of 36 GWh, raising €520,000 from a total €24 mn budget, with operations set to begin in May.
en_1140290955540-16
France: Citizens fund €24 mn wind farm in Ille-et-Vilaine
In Martigné-Ferchaud, a group of citizens invested in a wind farm with an annual capacity of 36 GWh, raising €520,000 from a total €24 mn budget, with operations set to begin in May.
en_1140290955540-16
RWE selects GE Vernova to supply American-made wind turbines for projects in Texas
RWE invests in wind projects in Texas by selecting GE Vernova to supply turbines made in the United States, thereby strengthening local energy production and supporting rural economic development.
en_1140290960540-14
RWE selects GE Vernova to supply American-made wind turbines for projects in Texas
RWE invests in wind projects in Texas by selecting GE Vernova to supply turbines made in the United States, thereby strengthening local energy production and supporting rural economic development.
en_1140290960540-14
Ignitis Group continues the development of the Curonian Nord offshore wind project despite market uncertainties
Ignitis Group, the Lithuanian energy provider, updated the progress of its Curonian Nord offshore wind project with an investment of EUR 50 million. The final investment decision is expected after 2027.
en_1140290951540-14
Ignitis Group continues the development of the Curonian Nord offshore wind project despite market uncertainties
Ignitis Group, the Lithuanian energy provider, updated the progress of its Curonian Nord offshore wind project with an investment of EUR 50 million. The final investment decision is expected after 2027.
en_1140290951540-14

Copenhagen Infrastructure Partners finalises financial close for Fengmiao I offshore wind project in Taiwan

Copenhagen Infrastructure Partners has secured financing for the Fengmiao I offshore wind farm, a 495 MW project off the coast of Taiwan, marking a significant step forward for the local industry.
Encavis develops a new 12 MW wind farm in Bad Arolsen-Landau, Hesse
Encavis AG continues its expansion in Hesse with the acquisition of a 12 MW wind farm project in Bad Arolsen-Landau, with grid connection expected by October 2025.
en_1140290949540-13
Encavis develops a new 12 MW wind farm in Bad Arolsen-Landau, Hesse
Encavis AG continues its expansion in Hesse with the acquisition of a 12 MW wind farm project in Bad Arolsen-Landau, with grid connection expected by October 2025.
en_1140290949540-13
Nordex signs 94 MW contract for wind turbines in Nova Scotia
German group Nordex has secured an order to supply and install 16 N163/5.X turbines in Nova Scotia, totalling a capacity of 94 MW. The contract also includes a 25-year maintenance agreement.
en_1140290946540-12
Nordex signs 94 MW contract for wind turbines in Nova Scotia
German group Nordex has secured an order to supply and install 16 N163/5.X turbines in Nova Scotia, totalling a capacity of 94 MW. The contract also includes a 25-year maintenance agreement.
en_1140290946540-12
RWE reaches key milestones in the construction of the Sofia offshore wind farm
RWE makes significant progress in the construction of the 1.4 GW Sofia offshore wind farm, with the arrival of a turbine installation vessel, the production of the first recyclable blades, and the imminent installation of the first turbines. Full commissioning is scheduled for 2026.
en_1140290944540-13
RWE reaches key milestones in the construction of the Sofia offshore wind farm
RWE makes significant progress in the construction of the 1.4 GW Sofia offshore wind farm, with the arrival of a turbine installation vessel, the production of the first recyclable blades, and the imminent installation of the first turbines. Full commissioning is scheduled for 2026.
en_1140290944540-13

RWE signs a ten-year contract to supply offshore wind energy to Telehouse

RWE has signed a ten-year power purchase agreement with Telehouse Europe to supply renewable energy from the London Array offshore wind farm to its Docklands campus in London until 2035.
Europe accelerates wind energy deployment, but additional efforts are needed to meet 2030 targets
Europe installed 12.9 GW of new wind capacity in 2024, but further efforts are required to meet its climate commitments, with 140 GW of investments expected between 2025 and 2030.
en_1140290956540-12
Europe accelerates wind energy deployment, but additional efforts are needed to meet 2030 targets
Europe installed 12.9 GW of new wind capacity in 2024, but further efforts are required to meet its climate commitments, with 140 GW of investments expected between 2025 and 2030.
en_1140290956540-12
Chinese manufacturers dominate the global wind market in 2024
Goldwind, Envision, and MingYang secured the top three positions in the global wind turbine manufacturing market in 2024, driven by strong domestic demand in China. The decline in installations outside China further strengthened their dominance over Western competitors.
en_1140290961540-9
Chinese manufacturers dominate the global wind market in 2024
Goldwind, Envision, and MingYang secured the top three positions in the global wind turbine manufacturing market in 2024, driven by strong domestic demand in China. The decline in installations outside China further strengthened their dominance over Western competitors.
en_1140290961540-9
France: EDF Renouvelables faces justice over the mortality of protected birds
The Montpellier criminal court must rule on the criminal liability of EDF Renouvelables and its subcontractors regarding the excessive mortality of protected birds at the Causse d’Aumelas wind farm, located in a Natura 2000 zone.
en_1140290959540-11
France: EDF Renouvelables faces justice over the mortality of protected birds
The Montpellier criminal court must rule on the criminal liability of EDF Renouvelables and its subcontractors regarding the excessive mortality of protected birds at the Causse d’Aumelas wind farm, located in a Natura 2000 zone.
en_1140290959540-11

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS