Renewable Energy News

 

ABB Secures $27M Order to Equip Eneti's WTIV Duo

Feb 07, 2022

ABB has secured an order of around $27 million to supply Eneti’s two newbuild vessels with advanced power, automation, and control systems for improved safety and performance.The two $330 million wind turbine installation vessels (WTIV) will…

Offshore Wind Farms Could Help Capture Carbon from Air and Store It Long-term

Feb 04, 2022

Off the Massachusetts and New York coasts, developers are preparing to build the United States’ first federally approved utility-scale offshore wind farms – 74 turbines in all that could power 470,000 homes. More than a dozen other offshore…

NOV's GustoMSC to Design and Equip Eneti's Second WTIV

Feb 04, 2022

NOV's GustoMSC subsidiary has secured a contract for the equipment and design of a GustoMSC NG-16000X wind turbine installation jack-up vessel for Eneti.Eneti is a new offshore wind player born out of a pivot into offshore renewables by what used to be a bulk carrier specialist Scorpio Bulkers…

Fred. Olsen Windcarrier Plans IPO. Eyes Fourth Installation Vessel

Feb 03, 2022

Offshore wind installation services company Fred. Olsen Windcarrier said Thursday it planned to launch an initial public offering and apply for a listing on the Oslo Stock Exchange.The company, based in Oslo, owns three purpose-built transportation and installation (“T&I”) jack-up vessels…

Offshore Wind Turbine Maker Siemens Gamesa Confirms Gloomy Outlook

Feb 03, 2022

Wind turbine maker Siemens Gamesa confirmed a gloomy outlook for a potentially negative full-year profit margin on Thursday, hours after naming a new Chief Executive to try to revive its fortunes.The world's largest maker of the offshore turbines…

Demand for Vessels Capable of Installing Giant Offshore Wind Turbines to Outpace Supply by 2024, Rystad Says

Feb 02, 2022

Offshore wind turbine makers have been working to build increasingly bigger turbines, and the likes of GE, Siemens Gamesa, Vestas, and MingYang have in the past two years or so unveiled designs for giant 14-16MW rated units.It has been said that larger turbines…

Ørsted Expects Pickup in Wind Speeds to Lift Earnings

Feb 02, 2022

Renewable energy company Ørsted on Wednesday missed fourth-quarter operating profit expectations, but said it expected a boost in earnings as wind speeds should return to normal this year after an unusually calm 2021.Ørsted's shares rose by as much as 6% at opening and were trading 1…

Saipem Loses Its Footing on Path to Green Energy

Feb 02, 2022

Italy's Saipem risks becoming a casualty of the transition to cleaner energy after a shock profit warning left leading shareholders scrambling to shore up the finances of the energy services company.The Saipem board met on Tuesday to discuss the situation…

Oil and Gas UK Changes Name to Become 'Unifying voice for offshore energy sector'

Feb 01, 2022

Oil and Gas UK (OGUK), a UK-based offshore oil and gas industry association, is changing its name to Offshore Energies UK, to reflect its expansion into low-carbon offshore energy technologies that its members are developing, including offshore wind…

VIDEO: "Things are about to change in a big way" for U.S. Offshore Wind

Feb 01, 2022

In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today…

Eneti Ends Talks to Build Jones Act-Compliant Wind Turbine Installation Vessel

Feb 01, 2022

Offshore wind installation company Eneti said Tuesday it has terminated talks with a shipyard in the United States to build a Jones Act-compliant Wind Turbine Installation Vessel. Eneti in May 2021 ordered a $330 million Wind Turbine Installation…

Ørsted Names SVP of Group Stakeholder Relations

Feb 01, 2022

Offshore wind developer Ørsted has appointed Ingrid Reumert as the new Senior Vice President of Group Stakeholder Relations. Reumert comes from a similar position as Vice President of Global External Relations & Sustainability at VELUX.Mads Nipper…

Van Oord Uses iXblue's Subsea Positioning Solution for Offshore Wind Farm Work in France

Feb 01, 2022

Dutch marine installation services firm Van Oord has recently deployed iXblue's new LBL subsea positioning solution to conduct the installation of 190 offshore wind farm piles in the Bay of Saint-Brieuc, France.'Already used on major Oil&Gas and Renewables projects…

Offshore Wind: Edda Wind Orders Three Commissioning Service Operation Vessels

Jan 31, 2022

Norwegian offshore wind services company Edda Wind has ordered three more Commissioning Service Operation Vessels (CSOV) in addition to the six vessels the company has under construction. The vessels are designed for service operations during the commissioning and operation of offshore wind farms…

Siemens Gamesa CEO: Wind Power Supply Chain Disruption Not a Short-term Affair

Jan 31, 2022

Siemens Gamesa, the world's largest maker of offshore wind turbines, expects current supply chain problems that have hit the global wind power sector to persist for a while, its chief executive said on Friday.'We are battling with raw material price increases…

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