South Korea unveiled a 48.5 trillion won ($43.2 billion) plan to build the world's largest wind power plant by 2030 as part of efforts to foster an environmentally-friendly recovery from the COVID-19 pandemic.The project is a major component of President Moon Jae-in's Green New Deal…
Offshore accommodation provider C-bed has said it has won two contracts for its Service Operation Vessel (SOV) Wind Innovation to support Ørsted's offshore wind projects in the UK.'With a double contract to support offshore wind developments in the UK…
Production from the Horns Rev 2 offshore wind farm in Denmark topped the enormous figure of 10 billion kWh, on Thursday, February 4, offshore wind firm Ørsted has informed.'Since HRH The Crown Prince inaugurated Ørsted's offshore wind farm Horns Rev 2 in 2009…
For the offshore wind industry, 2020 was all about ambitions. Policymakers raised the bar for growth, focusing on job creation amid the offshore wind cost-out and the coronavirus pandemic. Renewables targets were raised and decarbonization plans…
The Biden administration said on Wednesday it would restart permitting for the first major U.S. offshore wind farm, reversing a Trump administration decision that canceled the process late last year.The U.S. Bureau of Ocean Energy Management…
UK-based project logistics management firm Trans Global Projects Group (TGP), has been awarded a contract for the transport of around 320,000 freight tons of offshore wind turbine components. The components will be used for two wind farm projects in Vietnam…
The Dutch government said on Tuesday that talks on Germany taking an equity stake in grid company TenneT have stalled over the question of which would control the company's German subsidiary.Talks with Germany are continuing but no longer on an exclusive basis…
The U.S. is going to need a fleet of Jones Act compliant vessels to serve its budding offshore wind industry. New Orleans-based Technology Associates, Inc. (TAI) said it has designed a range of EnviroMax diesel-electric hybrid service operation…
MHI Vestas Japan, a joint venture between Japan's Mitsubishi Heavy Industries, and Danish wind turbine maker Vestas Wind Systems started operations on Monday.The newly established joint venture is aimed at strengthening the two partners' collaboration in the field of renewable energies…
Wind turbine maker Siemens Gamesa on Friday said U.S. President Joe Biden's promise to tackle climate change had boosted the industry's prospects, identifying more openings for itself in an American market transformed by his election.Prior to Biden's victory…
Offshore wind turbine maker MHI Vestas has awarded a contract to the Norwegian offshore vessel operator for the charter of the construction support vessel Normand Fortress.Under the contract, the vessel will support MHi Vestas' Walk-to-work operations at the Triton Knoll wind farm in the UK…
Equinor and bp have completed their previously announced transaction including bp’s $1.1 billion purchase from Equinor of a 50% interest in two major lease areas off the US East Coast. The transaction is the first step in a strategic partnership…
Siem Offshore has signed a six-month contract with GE Renewable Energy for its vessel Siem Stingray for work in the renewables sector.The contract will start in April 2021, and GE Renewable Energy will have additional options to extend it.'This…
Oslo-listed company Magnora has said it has teamed up with an unnamed global offshore energy technology and service company to establish a joint floating wind company called Magnora Floating Wind. Magnora, formed a few years ago after oil rig…
The National Offshore Wind Research and Development Consortium (NOWRDC)has made available $2.6 million for a group of projects aiming to advance technological innovation that will drive down costs of offshore wind development in the U.S.The Consortium…