Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous…
Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…
Houston-based Great Lakes Dredge & Dock Corporation on Monday announced it has been selected with Dutch offshore services firm Van Oord to perform the subsea rock installation work for Equinor and bp's Empire Wind I and II wind farms off the U…
Incat Crowther has recently secured contracts to design three offshore Crew Transfer Vessels (CTVs) for the U.S. operator Windea CTV.Two of the CTVs will be built by St Johns Ship Building in Florida and one will be built by Gulf Craft in Louisiana…
Offshore construction work has officially started on what will become the world's largest offshore wind farm - Dogger Bank - in the UK North Sea, with the installation of the first length of HVDC export cable off the Yorkshire coast.Cable laying…
Spanish energy group Repsol is taking a 'softer' approach to its search for a partner for its newly created renewables unit as oil and gas prices are helping the company generate cash, its chief executive said on Thursday.Along with major European energy companies like BP and TotalEnergies…
Acteon, an offshore services and equipment provider, on Wednesday announced a new structure that it said would further accelerate its growth in offshore renewables. 'Three new client-facing service divisions, Data and Robotics, Engineering, Moorings and Foundations…
Construction of the 16.8 megawatt Goto floating wind farm in Japan is expected to start in September 2022, with the commercial operations scheduler to begin in January 2024.A a sole bidder, the Japanese Goto Floating Wind Farm consortium, in June 2021…
DNV has presented Wison Offshore & Marine (WOM) with a Verification Letter for its 'w.semi' floating wind foundation. The Verification Letter demonstrates the technical feasibility and commercial readiness of the technology.Wison Offshore & Marine's 'w…
Heerema Marine Contractors has won a contract to install foundations for EnBW's 900MW He Dreiht offshore wind farm in Germany.Under the contract, the Dutch offshore installation company will be responsible for the transportation and installation of 64 monopiles and transition pieces…
Offshore wind installation company Fred. Olsen Windcarrier has won a contract with the wind turbine maker Siemens Gamesa Renewable Energy for the transportation and installation of 62 SG 8.0-167 DD wind turbines on the St. Brieuc offshore wind farm in French waters…
Danish wind turbine maker Vestas has together with its partner Tien Li Offshore Wind Technology (Tien Li) produced the first V174-9.5MW blade at its facilities in Taiwan.The blades, part of Vestas' V174-9.5MW offshore turbine, will be installed…
The first turbine was installed earlier this week at Vattenfall's Hollandse Kust Zuid offshore wind farm in the Dutch North Sea, Jochen Eickholt, CEO of wind turbine maker Siemens Gamesa Renewable Energy, said in a social media post.Eickholt said: 'In a milestone moment yesterday…
Dutch offshore services provider Boskalis has said it has won a contract for the transportation and installation of the export cables for a large offshore wind farm development. The value of this contract for Boskalis is considered to be ‘significant'…
French TotalEnergies and Polish KGHM have partnered up to take part in a tender for the development of offshore wind projects in Poland.The Polish government has launched a new auction scheme covering 11 areas in the Polish Baltic Sea, representing an expected total capacity of over 10 GW…