Offshore Renewables News - page 4

Eneti Orders $330M Wind Turbine Installation Vessel. Eyes U.S. Offshore Wind Market, Too

May 12, 2021

Offshore wind installation company Eneti Inc, until recently known as Scorpio Bulkers, has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel. The vessel will be built by South Korea's Daewoo Shipbuilding and Marine Engineering…

Iberdrola: Renewables and Grids Support Earnings and Outlook

May 12, 2021

Europe's biggest wind power group Iberdrola reaffirmed its growth outlook for the full year on Wednesday after reporting rising quarterly earnings supported by rapid building of renewable energy plants and investments in networks.Buoyed by a…

US Greenlights Its First Major Offshore Wind Farm

May 11, 2021

The Biden administration on Tuesday said it has approved the nation's first major offshore wind farm, billing it as the launch of a new domestic energy industry that will help eliminate emissions from the power sector.The move, however, was…

Greece's Biggest Electricity Utility Seeking Wind Partnerships

May 11, 2021

Public Power Corp. (PPC), Greece's biggest electricity utility, is seeking to form partnerships in offshore wind, a top executive said on Tuesday, as the country works to reduce its carbon emissions.The utility wants to shut down all but one…

Wind-Powered Offshore Drilling Rigs in Canada: Saitec, WESI Get Gov't Funding

May 11, 2021

The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution.The funding program aimed to support…

Petronas Dismisses Reports on 'Exploratory Talks' with Ocean Wind as False

May 10, 2021

Malaysian oil and gas giant Petronas has dismissed reports of the company's involvement in talks with Hong Kong-based offshore wind company Ocean Wind International Industrial Limited as false.'Petronas refers to news reports that have emerged…

Ørsted, PGE Complete Offshore Wind Farm JV Deal in Poland

May 07, 2021

Poland's biggest power group PGE and Denmark's Orsted have finalized a deal to jointly develop two offshore wind projects in the Baltic Sea, PGE said on Thursday.Under the terms of the deal, Orsted bought 50% in each of two PGE units developing two offshore projects totalling 2…

Irish Gov't Grants Funding for Micropiling Tech for Offshore Wind Applications

May 06, 2021

Irish companies Mincon Group plc and Subsea Micropiles along with research centers at the University of Limerick and University College of Dublin are working on a low-cost, environmentally 'sympathetic' micropiling technology aimed at the offshore wind industry…

Equinor, Vaargroenn in Floating Wind Farm Partnership

May 06, 2021

Norwegian oil company Equinor and Italian rival Eni plan to collaborate on development of floating wind farms in the North Sea as part of their expansion within renewable energy production, the companies said on Thursday.The Norwegian government has earmarked two areas in the North Sea for up to 4…

Siemens Energy Lowers Sales Expectations for 2021

May 05, 2021

Siemens Energy, which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays, and the ongoing coronavirus crisis.Revenues are now expected to grow 3-8% in the year to September…

Eco Wave Power Set to Install Wave Energy Tech in Port of Jaffa as Sea Wall Works Near Completion

May 05, 2021

Swedish wave energy development company Eco Wave Power said Wednesday it was nearly done with the wall reinforcement works, meant to enable the installation of floaters on the sea wall of the Port of Jaffa, Israel.The works so far have included…

Siemens Gamesa to Deliver Wind Turbines for Full 1,044 MW Hai Long Offshore Wind Projects

May 05, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy has secured, subject to final contract awards, more work in Taiwanese offshore wind space.The company was back in November 2019 announced as a preferred supplier of offshore wind turbines for Hai Long 2A (300 MW) project…

Poland Awards CfD for Equinor's, Polenergia's 1440 MW Offshore Wind Projects

May 05, 2021

Norway's Equinor said Tuesday that Poland’s Energy Regulatory Office (ERO) announced Equinor and Polenergia’s Bałtyk II and Bałtyk III offshore wind projects in Poland were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme…

X1 Wind Set to Deploy PivotBuoy Floating Wind Tech in Canary Islands

May 04, 2021

Barcelona-based floating wind technology developer X1 Wind is gearing up to deploy its PivotBuoy floating wind technology in the Canary Islands after completing the assembly and load-out of a fully functional prototype. The aim of the tech is…

European Commission Approves $480M Danish State Aid for Renewable Electricity Production

May 04, 2021

The European Commission on Tuesday approved 400 million euros ($480.12 million) Danish state aid supporting the production of electricity from renewable sources, according to a statement.'This Danish scheme will contribute to substantial reductions in greenhouse emissions…

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