Offshore Renewables News - page 48


Worley, Hexicon in Floating Wind Project Off Norway

Nov 15, 2021

Swedish developer of twin offshore wind turbine technology Hexicon has partnered with Australia-based engineering giant Worley for FEED, Engineering Procurement Fabrication (EPF), and installation management of Hexicon's technology demonstrator project TwinWay…

RWE to Invest $57B Through 2030 to Double Green Energy Capacity

Nov 15, 2021

RWE plans to invest 50 billion euros ($57 billion) through 2030 to double its green energy capacity to 50 gigawatts (GW), as Germany's largest power producer outlined its plan to become a global renewables heavyweight.However, Markus Krebber…

Boskalis Clinches $515M Offshore Wind Installation Deal

Nov 15, 2021

Dutch marine contractor Boskalis has won a contract to transport and install the monopile foundations and substations for an offshore wind farm development.Boskalis did not say who the client was, nor where the project would be taking place…

Sif, Smulders to Build Monopiles and Transition Pieces for Dogger Bank C

Nov 12, 2021

Sif Netherlands and Smulders will build all 87 monopiles and transition pieces for the third phase of the Dogger Bank wind farm located in the North Sea off the North East coast of England.After the award in November 2020 of contracts for Dogger Bank A and B…

UK: NKT Connects Moray East Offshore Wind Farm to Shore

Nov 11, 2021

Marine power cable company NKT has completed the power cable system connecting the 950 MW offshore wind farm Moray East in the UK to shore.NKT has commissioned the power cable project comprising three 220 kV HVAC power cable systems for the…

Nexans Opens Expanded Subsea Cable Facility in Charleston

Nov 09, 2021

France-based offshore cable manufacturer and installation contractor Nexans announced Tuesday it has officially opened its transformed high voltage subsea cable plant in Charleston, S.C.From the Charleston facility Nexans will deliver subsea cables up to 525kV HVDC and 400kV HVAC…

Watch: Barge Master's Motion-compensated Solution for Offshore Wind Feeder Vessels

Nov 09, 2021

Dutch company Barge Master earlier this year said it had developed a motion-compensated feeder solution for the next generation of offshore wind turbines, called BM-Feeder.The company at the time said that its motion-compensated platform could…

Siemens Gamesa to Return to Profit in 2022 after Narrowing Annual Loss

Nov 08, 2021

Wind turbine maker Siemens Gamesa said on Friday it expects to return to profitability in 2022 after blaming its second annual operating loss in a row on higher raw materials and logistics costs, and cost overruns linked to a new model.High…

UK: Marshalling Ops Underway for Seagreen Wind Farm Turbine Parts

Nov 03, 2021

UK-based energy firm SSE Renewables has informed that marshalling operations for wind turbine parts are underway at Able Seaton Port in Hartlepool for what will be Scotland’s biggest, and the world’s deepest fixed bottom offshore wind farm – Seagreen…

Lower Wind Speeds Hit Ørsted's Earnings

Nov 03, 2021

Denmark's Ørsted on Wednesday reported third-quarter operating profit slightly below expectations as it said low wind speeds continued to hit earnings.'In most of Q3, we continued to see lower than normal wind speeds, which had an adverse impact on earnings from renewable assets in operation…

Higher Costs, Supply Constraints Force Vestas to Slash 2021 Outlook

Nov 03, 2021

Vestas slashed its 2021 outlook for a second time this year in response to higher costs and supply constraints, sending its shares tumbling as much as 14% as the world's largest maker of wind turbines posted forecast-lagging quarterly profit…

Ørsted Wraps Sale of 50% Stake in Greater Changhua 1 Offshore Wind Farm

Nov 03, 2021

Danish offshore wind farm developer Ørsted has completed the sale of 50% stake in the 605 MW Greater Changhua 1 offshore wind farm in Taiwan.The agreement to sell half of its stake in the wind farm project to global investment group Caisse de…

Eni Acquires 20% Stake in Third Phase of World's Largest Offshore Wind Project

Nov 02, 2021

Italian oil and gas company Eni is increasing its renewables investments and has now acquired a 20% stake in the 1.2GW Dogger Bank C offshore wind project in the UK, by acquiring a 10% stake from each Equinor and SSE.With the acquisition, Eni…

Offshore Wind Firm SSE Pacifico Created in Japan

Nov 01, 2021

UK-based renewable energy giant SSE Renewables has closed the deal to form a new joint ownership company, SSE Pacifico, which will pursue the development of offshore wind projects in Japan. The deal includes the acquisition by SSE Renewables…

UK to Launch $220M Floating Wind Fund

Nov 01, 2021

Britain will launch a 160 million pound ($220 million) fund to help developers of floating offshore wind technology as part of efforts to ramp up renewable power and meet climate targets, the government said on Friday.The announcement comes…

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