After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit some projects and without investment in infrastructure to launch the vast turbines and tow them to sea, hopes of harnessing the full power of the ocean's winds to hit climate targets could be dashed…
Japan has agreed to partner with the United States to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida's visit to Washington to meet with President Joe Biden…
Singapore-based mooring and anchoring specialist Mooreast Holdings has secured an order to supply its proprietary anchors for Eolmed pre-commercial floating offshore wind farm.Mooreast has partnered with French installation contractor Bourbon…
The world’s first dedicated innovation centre for floating offshore wind has opened in Scotland.Located in the heart of Aberdeen’s Energy Transition Zone, ORE Catapult’s £9 million National Floating Wind Innovation Centre (FLOWIC), delivered in collaboration with ETZ Limited…
Germany's top utility RWE has signed a Letter of Support with the Port Authority of A Coruña to facilitate the scaling-up of the port capacity in support of the Spanish government’s floating wind targets.Working together under a Letter of Support…
Odfjell Oceanwind and Prodtex have established a joint venture for the manufacturing of foundations for floating wind turbines in an effort to address what is expected to become one of the biggest bottlenecks in scaling the floating offshore wind industry…
Copenhagen Infrastructure Partner (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for floating offshore wind projects in South Korea.Haewoori floating offshore wind 2 and 3 projects…
Marine energy firm Nova Innovation has installed a marine floating solar demonstrator to power Forth Ports’ headquarters in the Port of Leith, Scotland.'Nova’s expertise in managing subsea power stations has paved the way for the development of robust floating solar technology…
Energy expert and assurance provider DNV said Tuesday it had concluded Phase 1 of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector. 'The collaborative industry effort has…
UK-based company Tugdock has signed a Memorandum of Understanding with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland.Tugdock, based in Cornwall, UK, has patented marine buoyancy…
Global floating wind capacity will have grown from less than 200 MW at the end of 2022 to around 61 GW of grid connected capacity by 2035. This activity will require over $250 billion in capital expenditure. Over 75% of the forecast activity is expected to come from four countries…
The American Bureau of Shipping (ABS) has published requirements addressing safety and technical standards for floating offshore wind substations in what has been described as an industry first. Together with input from offshore wind project developers…
The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday…
SBM Offshore-designed foundations of the Provence Grand Large floating wind farm were floated out this week at the fabrication yard in Fos-sur-Mer, France.Eiffage Metal, the Fos-sur-Mer fabrication yard owner, said Monday:”The three [floating…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
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