Cyan Renewables

Cyan signs MOU with Remota and Moen Marin AS for the design and development of cutting-edge ePatrol craft with Autonomous capabilities, in line with Singapore's national climate target of achieving net-zero emissions by 2050. Read the full story here: https://lnkd.in/g2v6HHqF ?What makes this ePatrol craft revolutionary? ?????Proven Hull Form Design: Built on a reliable and operational design. ??All-Electric Technology: Powered by proven electric systems already deployed in close to 100 small crafts. ???????Remote Operations: Leveraging Remota's expertise in remote operations, in service since 2022. ???Capable of autonomous Operations: Integrating cutting-edge technology for autonomy. ???Robust Battery Management System: Utilising proven battery management technology with efficient fast-charging infrastructure for rapid and reliable charging. Our commitment to safety, reliability and maintenance efficiency is paramount in this development of ePatrol craft. Its state-of-the-art design will feature advanced safety systems based on proven technology with readily available spare parts and expert maintenance. Our strategic approach will reduce lifecycle costs, enhance operational readiness and ensure the ePatrol craft consistently meets the rigorous demands of maritime security and patrol duties. With Moen Marin AS' expertise in developing high-quality vessels and Remota's specialisation in remote operations through Remote Operation Centers (ROC), this consortium is poised to lead the development and adoption of electric patrol crafts, not just in Singapore, but across the region. #ElectricPatrolCraft #ElectricHarbourCraft #ePatrol #OffshoreWindSector #MaritimeLeadership #MaritimeExcellence #MaritimeInnovation #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy

Earlier this year, the UK government announced new measures that will unlock up to ￡30 billion investment in homegrown clean power—an ambitious move that will supercharge the UK's offshore wind revolution. Read the full press release from Gov.UK: https://lnkd.in/di6bcXf9 These measures, which include streamlined approval processes, will accelerate the construction of up to 13 major offshore wind projects, generating 16GW of electricity—almost equivalent to the total output by the country’s gas power plants last year. It will provide a critical boost to the supply chain with fast-tracked infrastructure delivery and create thousands of jobs in the offshore wind sector for contractors, engineers and infrastructure firms. At the same time, the UK is setting a global standard for sustainable offshore wind development, proving that economic growth and green energy expansion do not have to come at the expense of nature. With new designated Marine Protected Areas and the extension of existing Marine Protected Areas funded by wind farm developers through the Marine Recovery Fund, it will help to minimise seabed impact caused by offshore wind construction. Cyan Renewables shares this vision. With a fleet of over 30 specialised offshore support vessels, they are not only able to meet the diverse demands of the offshore wind industry, but these vessels can also cater to a suite of subsea solutions including fishery and environmental protection. We are excited to witness the UK’s offshore wind boom and stand ready to support its growth for a cleaner, greener future for all. #OffshoreWind #UKOffshoreWind #UKRenewables #MarineProtection #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy?

With the conclusion of Japan's third offshore wind power auction in December 2024, two consortiums were selected to operate two key offshore wind blocks: ??? a 615 megawatts (MW) wind farm on the southern side of the Japan Sea off Aomori prefecture, near Tsugaru city and the town of Ajigasawa; and ??? a 450 MW wind farm off the coast of Yamagata prefecture near the Yuza town. This development is a crucial part of Japan’s broader decarbonisation strategy, which aims to accelerate offshore wind development by securing 10 GW of offshore wind deals by 2030, and up to 45 GW by 2040. With both bottom-fixed projects scheduled to begin operations in June 2030, Japan is steadily progressing towards its clean energy goals. The selection of these consortiums reflects a key trend of Japanese firms collaborating with Western players to leverage global expertise. We at Cyan Renewables recognise the value of such partnerships. As demonstrated in our recent partnership with Toyo Construction Co. Ltd., we are committed to sharing our resources, capabilities and experience to support Japan’s offshore wind expansion and accelerate the transition to renewable energy. As the industry continues to evolve, we look forward to working alongside key domestic players to drive the energy transition and create a sustainable, low-carbon future. Read more about Japan’s latest offshore wind auction here: https://lnkd.in/gQ3_kWNF #OffshoreWind #JapanOffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy?

Singaporean companies are leveraging their strengths in engineering, shipbuilding and offshore operations to drive the energy transition. From constructing offshore substations and installing subsea cables to providing specialised vessels for wind farm operations, Singapore’s well-established offshore and marine industry is pivoting beyond oil & gas to capture opportunities in offshore wind. Read the full article by Enterprise Singapore here: https://lnkd.in/g5f9bipF Cyan Renewables is proud to be part of this movement, contributing to the offshore wind value chain with our growing fleet of offshore wind-focused vessels, enabling the development and maintenance of wind farms across the Asia-Pacific and Europe. Enterprise Singapore has been instrumental in this journey, elevating Singapore’s role in the global offshore wind sector by actively participating in key industry conferences, panel discussions and trade missions to connect Singaporean firms with global players. A milestone moment was the signing of an MOU between Enterprise Singapore, the Association of Singapore Marine & Offshore Energy Industries (ASMI), and the Global Wind Energy Council (GWEC) at Wind Energy Hamburg, one of the world’s largest wind industry events. This commitment strengthens Singapore’s position as a key partner in global offshore wind projects and fosters innovation in the sector. For Singaporean companies like Cyan Renewables, the strong backing from the Singapore Government—from financing to talent development—has been a key enabler in making bold strides in the offshore wind industry. This support has given us the confidence to expand our fleet, forge strategic partnerships, and contribute meaningfully to the global transition to green energy. As Singapore solidifies its role as a global offshore wind hub, Cyan Renewables looks forward to journey alongside the nation and work towards a cleaner, greener future for generations to come. #OffshoreWind #SingaporeOffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy

In today’s evolving landscape, the shipping industry faces significant financial challenges as it seeks to embrace decarbonisation and green technologies. To address these challenges, the Singapore Shipping Association (SSA)’s Decarbonisation Committee co-hosted a seminar with Deloitte to discuss the decarbonisation journey in the shipping industry and the role of finance in supporting these efforts. As the Chairperson of the Singapore Shipping Association’s Decarbonisation Committee and CEO of Cyan Renewables, Keng Lin Lee 李庆仁 delivered the opening remarks alongside Thomas D. Pellegrin, Deloitte SEA Transport, Hospitality & Services (TH&S) Industry Leader, highlighting the critical need to work towards a more sustainable future for shipping with the help of the finance sector. The seminar provided a unique opportunity for local shipping industry players to learn from Deloitte’s finance experts, including Thomas D. Pellegrin, Johannes Trüby, and Josette Soh, as they shared key findings from the Deloitte 2024 survey, shedding light on innovative financial strategies that can help to meet global sustainability goals while navigating new regulations. The event also featured a panel discussion on ‘Challenges and Opportunities for Finance in Achieving Sustainability Goals’, with industry leaders like Afendy Mohamed Ali, CFO of MISC Group, and Tommy Phun, Founder and CEO of Pyxis, sharing invaluable insights into their decarbonisation processes, including securing funding for new technologies such as biofuels and sustainable solutions, and navigating regulatory complexities. This opened up the conversation on how finance teams can innovate and drive positive change within the industry. It’s through open discussions on critical topics like these that we can better understand the financial implications of decarbonisation and the support mechanisms available to facilitate this transition within the shipping industry. At Cyan Renewables, we believe that collaboration and knowledge-sharing are fundamental to advancing the global energy transition, which is why we intend to continue working alongside our partners and stakeholders to shape a cleaner, greener future for all. #OffshoreWind #SingaporeOffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy #Decarbonisation #GreenShipping?

Last week, Cyan Renewables’ senior leaders from Singapore, the UK, Norway, Germany, Taiwan and Australia convened at Rottnest Island, off the coast of Perth, Western Australia, for our annual strategic planning conference. This conference provided a valuable opportunity for our global leadership team to connect in person, fostering collaboration and strategic alignment in Cyan Renewables’ core purpose: to be an accelerator of net zero, supporting the world's transition to a greener future. We are proud to have assembled a world-class leadership team, bringing together decades of marine and renewables expertise. Their collective vision and dedication are driving Cyan Renewables’ incredible growth, turning ambitious goals into achievable plans and delivering on our mission to become the leading “blue to green” marine operator in the world. As we chart the course ahead, our commitment to advancing the global energy transition remains stronger than ever. We are excited to continue shaping a more sustainable, low-carbon future, leveraging our collective expertise and shared passion to make a real impact on our net-zero future. #OffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy #StrategicPlanning #BlueToGreen

We are deeply honoured to be mentioned by Senior Minister Teo Chee Hean in Parliament as an example of how Singapore companies can leverage our capabilities to provide critical offshore wind solutions. His recognition of Cyan Renewables highlights our efforts in spearheading Singapore’s maritime industry in the global offshore wind market. Watch Senior Minister Teo's parliamentary speech in full here (start from 20:43 for his mention of global offshore wind opportunities for local firms): https://lnkd.in/gegFkAE8 With the global offshore wind market projected to reach US$126 billion per annum by 2030, Cyan Renewables has been actively expanding our capabilities through strategic acquisitions and vital partnerships to cater to the rapidly growing offshore wind industry. Started just over 2 years ago with two Singaporean employees, including Founding CEO Keng Lin Lee 李庆仁 and Business Development Director Boon Keong Goh, Cyan Renewables was built with a bold vision—to become the world’s leading "blue to green" marine operator, advancing the global transition towards a greener future built on sustainable renewable energy. In this short time, we have raised equity from global financial institutions who share our vision. A huge thank you to Alberta Investment Management Corporation (AIMCo), TCorp, and KWAP Malaysia for believing in our mission and supporting our growth. ?? 2024 was a transformational year for us—we acquired Sentinel Marine Ltd (Europe) and MMA Offshore (Australia), strengthening our capabilities and solidifying our position as the leading offshore wind-focused vessel company with a fleet of over 30 vessels supporting projects across Asia-Pacific and Europe. Beyond offshore wind, we are also making an impact in EU fishery protection and artificial reef projects to promote marine biodiversity. We are privileged to work with major renewable energy companies such as Siemens Gamesa, ?rsted, and Copenhagen Infrastructure Partners, delivering best-in-class offshore vessel solutions that power the transition to a low-carbon future. From the very beginning, Enterprise Singapore has been by our side, guiding us every step of the way. Their unwavering support—through trade missions, market connections and advisory—has been instrumental in helping us navigate global markets and scale Cyan Renewables into the company it is today. Thank you for believing in us and for championing Singapore’s role in the global offshore wind sector. As we continue to grow, Cyan Renewables remains committed to driving the energy transition, expanding sustainable marine solutions and unlocking new growth opportunities for Singapore. Together, we can shape a greener, more sustainable future for all. #OffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy?

Europe's offshore wind sector is gearing up for a busy 2025, with a projected 45GW of capacity up for grabs in various auctions, as this could be their final opportunity to bring online new capacity by 2030. This presents a massive opportunity to accelerate the global transition to clean energy and achieve ambitious renewable targets. Read the full article here: https://lnkd.in/dw4n9UMD From established players like the UK, Germany and the Netherlands, to emerging markets like France, Norway, Ireland, Belgium and Poland, the continent is demonstrating a strong commitment to offshore wind development. However, navigating this complex landscape requires expertise, resources and a critical need for offtake certainty and government support to ensure project viability amidst rising costs and supply chain challenges. Partnerships are also becoming increasingly crucial, as even the largest players seek to share the financial burden and access specialised skills. Cyan Renewables is strategically positioned to support the advancement of offshore wind in Europe. We understand the unique challenges and opportunities in this market and offer a range of specialised vessel services to facilitate the project development of offshore wind in the region. As Europe's offshore wind industry continues to grow and evolve, Cyan Renewables is committed to being a reliable and trusted partner. We bring the experience, expertise and the right vessels to support developers, operators and investors in achieving their offshore wind project goals, thereby contributing to the global transition towards a cleaner, more sustainable energy future. #OffshoreWind #EuropeOffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy?

Cyan Renewables is pleased to announce a significant milestone in the construction of its latest newbuild SOV, NB 979. Read the full press release here: https://lnkd.in/gegKPAwK The vessel’s keel laying ceremony took place on 10 January 2025 at VARD’s Vung Tau shipyard in Vietnam, formally marking the start of the vessel’s construction. This achievement reflects the strong collaboration between Cyan, the vessel’s shipbuilders at VARD and its end client, Siemens Gamesa Renewable Energy (Siemens Gamesa). Construction progress on the vessel is now underway and pleasingly already ahead of schedule, generating heightened confidence and enthusiasm among stakeholders, with the vessel set to enter a long-term contract on Siemens Gamesa’s offshore wind project, Hai Long Offshore Wind Project. Cyan Renewables looks forward to contributing to the growth of the global offshore wind sector and playing a vital role in driving the world’s transition to a cleaner, more sustainable future, powered by renewable energy. #OffshoreWind #OffshoreWindIndustry #OffshoreWindSector #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy

Australia’s vast coastline and low population density create immense potential for offshore wind energy. However, with ambitious greenhouse gas reduction targets looming and an emissions-heavy energy sector, the country must accelerate its transition to renewables with a long-term vision to secure a sustainable future. Read the full article by The Australian Financial Review here: https://lnkd.in/drtRgNCx High costs and complex project development processes remain key challenges in the offshore wind industry. To establish a thriving offshore wind sector and accelerate the decarbonisation of Australia’s electricity network, it requires a strong collaboration between the public and private sectors as regulatory certainty will go a long way in guiding investments and policies, empowering developers, funders and communities to plan effectively. Although Australia currently has no operational offshore wind projects, the building blocks for the sector are rapidly forming, especially with six priority areas being earmarked by the federal government for offshore wind development to generate up to 80 GW across the nation. Cyan Renewables, along with MMA Offshore, are eagerly anticipating the growth of Australia’s offshore wind industry. With global expertise and a proven track record in supporting offshore wind developments across Europe and Asia, Cyan Renewables and MMA Offshore look forward to supporting Australia’s offshore wind journey, sharing knowledge, experience and resources to facilitate the scale-up of this critical sector. #OffshoreWind #AustraliaOffshoreWind #OffshoreWindIndustry #OffshoreWindSector #OffshoreWindTrends #MaritimeLeadership #MaritimeExcellence #MaritimeIndustry #GlobalMaritime #Shipping #EnergyTransition #Sustainability #NetZero #RenewableEnergy #GreenEnergy?