Offshore Renewables News - page 9


Ørsted CEO Says US Offshore Wind Targets Still Possible But Not Easy

Sep 18, 2023

U.S. President Joe Biden's plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still possible, although not easy, the CEO of Ørsted, the world's largest offshore wind developer, said on Monday at the Climate Week NYC event in New York…

Eneti's Seajacks Secures Major Offshore Wind Turbine Installation Deal

Sep 18, 2023

Eneti's offshore installation services subsidiary Seajacks UK has signed a vessel reservation agreement with an undisclosed client to transport and install turbines.With mobilization starting in the first quarter of 2027, the contract will be…

Biden’s Offshore Wind Target Slipping Out of Reach as Projects Struggle

Sep 15, 2023

President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to soaring costs and supply chain delays, according to forecasters and industry insiders…

Iberdrola Eyes Offshore Wind Development in Brazil

Sep 15, 2023

Spain-based renewable energy giant Iberdrola said Friday that its Brazilian subsidiary Neoenergia had signed a memorandum of understanding (MoU) with the Government of Rio Grande do Norte to develop studies for offshore wind development in the state's coastal region…

UK's Climate Goals Unshaken Despite Offshore Wind Setback in Auction, Minister Says

Sep 12, 2023

The result of a recent subsidy auction for renewable energy projects does not threaten Britain's climate goals, its climate minister said on Tuesday, responding to criticism over a lack of demand for offshore wind development.Offshore wind developers stayed away from Friday's auction…

FACTBOX-US Offshore Wind Projects Facing Inflation Headwinds

Sep 12, 2023

The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing.The federal…

RWE, TenneT Pen Deals for OranjeWind Offshore Wind Farm Grid Connection

Sep 12, 2023

Offshore wind farm developer RWE has signed agreements with grid operator TenneT for an offshore grid connection of OranjeWind, a wind farm to be built 53 kilometers off the Dutch coast. The Connection & Transmission Agreement (CTA) and Realisation…

Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

Sep 11, 2023

Floating offshore wind is an emerging technology with strong potential to become a major energy source. A fleet of specialized vessels will be required to help grow grid-connected floating wind capacity from 200 megawatts at the end of 2022 to a projected 61 gigawatts by 2035…

Bibby Marine to Build Zero-emission eSOV

Sep 11, 2023

Bibby Marine and its consortium partners are moving forward with plans to build the world’s first zero-emission electric service operation vessel (eSOV) after securing funding for the project from the Zero Emission Vessel Infrastructure (ZEVI) competition…

UK Climate Goals Seen at Risk after Offshore Wind Spurns Auction

Sep 08, 2023

Offshore wind power developers warned on Friday that Britain's climate goals could be at risk after a subsidy auction for new renewable energy projects did not attract any investment in those planned off British coasts.Britain is aiming to develop 50 gigawatts (GW) of offshore wind capacity by 2030…

Why the US Offshore Wind Industry is in the Doldrums

Sep 07, 2023

The value of Danish energy company Orsted, the world's largest offshore wind farm developer and a big player in the U.S., has plunged about 31% since it declared $2.3 billion in U.S. impairments in late August due to supply delays, high interest rates and a lack of new tax credits…

Octopus Energy Dives into Norwegian Offshore Wind Market with Deep Wind Offshore Partnership

Sep 07, 2023

Deep Wind Offshore, a Norwegian offshore wind developer, said Thursday that that Octopus Energy would become a co-owner of the company together with the existing industrial owners Knutsen OAS, Haugaland Kraft, and Sunnhordland Kraftlag.Deep Wind Offshore…

Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

Sep 06, 2023

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…

Orsted CEO Says Abandoning US Wind Projects a 'real option'

Sep 06, 2023

Denmark's Orsted, the world's largest offshore wind farm developer, is prepared to walk away from projects in the U.S. unless the Biden administration guarantees more support, Bloomberg News reported on Tuesday, citing the company's CEO. 'We are still upholding a real option to walk away…

Fishing Vessel Converted to CTV for Work in US Offshore Wind

Sep 05, 2023

A fishing vessel has been converted to operate as a Jones Act compliant crew transfer vessel (CTV) in the U.S. offshore wind industry.Hornblower Marine announced it converted the former fishing vessel Nice Day Too for New Bedford, Mass. based Coast Line Transfers…

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