Soaring levels of renewable generation and a significant rise in electricity imports saw gas-fired output fall to its lowest level in 20 years in 2024.

ABL Group has announced it has successfully completed the acquisition of 100% of the shares in Brazil-based naval architecture and engineering consultancy, Proper Marine, which will be merged with ABL Group’s design and engineering arm, Longitude.

Following the MoU signed with Norwegian company Ocean-Power in June 2024, SBM Offshore has announced an initial equity investment in Ocean-Power. As a result of this investment, SBM Offshore holds a minority ownership in Ocean-Power AS, and has appointed one director who has joined the company Board.

Aker Solutions has announced it has awarded ABB a front-end engineering and design (FEED) contract for the 560 MW Green Volt floating offshore wind project in the UK, led by Vårgrønn and Flotation Energy. Green Volt, located 80km off the coast of Peterhead in Northeast Scotland, aims to become the first commercial-scale floating wind farm in Europe and will contribute to the decarbonisation of the UK energy system.

Ocean Winds has announced it has appointed Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service programme for the Moray West and Moray East offshore wind farms in Scotland.

Natural Power a leading renewable energy consultancy and service provider, has announced it has supported Alterric with the construction of the Clais Wind Farm extension, for which foundations have just been poured.

In the competitive world of supplying equipment to offshore platforms, Sulzer says it has succeeded in delivering another contract for seawater lift and water injection pumps. Streamlined processes have enabled the delivery time to be cut by almost 25% compared to industry expectations, saving precious project time and securing important contracts for two manufacturing sites.