Today’s renewable energy news includes announcements from Orsted, European Energy, Haugland Group, Watson Terminal Services, and others.
European Energy Secures Financing for Kvosted Hybrid Renewable Project
European Energy has closed financing for its Kvosted hybrid renewable energy project, advancing a development that combines solar power and battery energy storage to deliver more flexible, dispatchable clean electricity. The financing package provides long-term capital support, enabling construction and accelerating grid integration. The hybrid structure reflects growing demand for solar-plus-storage projects, which enhance grid stability and maximise renewable output. For investors, the deal highlights confidence in European Energy’s development and execution capabilities. For consumers and grid operators, the project will improve energy reliability, flexibility, and price stability, while supporting emissions reduction. The Kvosted milestone aligns with broader efforts to scale hybrid renewable assets across Europe, reinforcing the role of integrated solar and storage solutions in achieving energy transition and net-zero targets.
Orsted Receives First Monopiles for Hornsea 3 Offshore Wind Farm
Orsted has taken delivery of the first monopile foundations for its Hornsea 3 offshore wind project, marking a major construction milestone for what will become one of the world’s largest offshore wind farms. The monopiles will form the structural base for the turbines installed in the North Sea. The delivery signals strong progress across the offshore wind supply chain, supported by significant investment in manufacturing and port infrastructure. For the UK, Hornsea 3 will add substantial renewable electricity capacity, strengthening energy security and supporting net-zero goals. The project is expected to power millions of homes while driving jobs, local investment, and industrial growth. The milestone underscores Ørsted’s continued leadership in scaling large-scale offshore wind development across Europe.
Haugland Group and Watson Terminal Services Sign New York Offshore Wind MOU
Haugland Group and Watson Terminal Services have signed a memorandum of understanding (MOU) to collaborate on offshore wind infrastructure development in New York. The agreement focuses on strengthening port, logistics, and construction capabilities to support upcoming US offshore wind projects. The partnership aims to enhance local supply chain readiness, including marine services, terminal operations, and heavy-lift logistics, critical for turbine installation and component handling. The move reflects growing investment in East Coast offshore wind infrastructure, driven by state clean energy targets and federal support. For the region, the collaboration is expected to generate jobs, economic activity, and long-term industrial growth. The MOU underscores the importance of coordinated port and construction strategies in accelerating the US offshore wind build-out and energy transition.
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