Offshore Renewables News - page 6


Octopus Energy Buys Stake in UK Offshore Wind Farm

Nov 27, 2023

Britain's Octopus Energy has bought a 12.5% stake in the 660 megawatt (MW) Walney Extension offshore wind farm in the Irish Sea from a group of Danish pension funds, it said on Monday.Octopus bought the stake from AIP Management, the investment manager for Danish pension funds PKA and PFA…

Finland to Launch Offshore Wind Auction. Eyes Deployment of Up to 500 Turbines

Nov 24, 2023

Finland will launch an auction for five offshore wind power sites with up to 500 turbines in Finland's public water areas, it said on Thursday.'The total surface area of the five offshore wind power sites to be included in the auction procedure…

BV Gives Design Approval for Enerocean's W2Power Floating Wind Solution

Nov 22, 2023

Certification body Bureau Veritas (BV) presented Enerocean S.L. with the definite issue of its Certificate of Basic Design Approval of the W2Power floating wind solution.The certification represents the completion of a comprehensive assessment of critical elements of the W2Power design…

Siemens Gamesa's Turnaround Plan Underwhelms, Shares Fall

Nov 22, 2023

Struggling wind turbine maker Siemens Gamesa said on Tuesday it would cut costs and capacity on its long path towards profit, sending shares in parent Siemens Energy sharply lower as investors had hoped for more radical steps.The move, announced at Siemens Energy's capital markets day…

BP, Corio Plan to Invest Over $1B in South Korea wind farms -ministry

Nov 22, 2023

South Korea's Ministry of Trade, Industry and Energy said on Wednesday that British-based offshore wind firm Corio Generation and BP have submitted investment plans for wind farm projects in South Korea totaling $1.16 billion.The projects, which had been in the works…

US Approves Equinor and BP's Empire Wind Offshore Project

Nov 21, 2023

The U.S. Department of the Interior on Thursday approved the Empire Wind offshore project, owned by Equinor and BP, the sixth commercial-scale wind farm to be greenlit under President Joe Biden's administration.Empire Wind is among several offshore…

Accelerating US CTV Market Development with Hybrid Solutions

Nov 21, 2023

As the world looks to renewable energy sources to combat climate change and reduce reliance on fossil fuels, offshore wind has emerged as a promising frontier in the United States. A report by the University of California Berkeley released in…

First Turbine Installed at South Fork Wind Off New York

Nov 20, 2023

The first turbine has been installed at the South Fork Wind Farm offshore New York, developer Ørsted announced on Monday.The first of South Fork Wind’s 12 Siemens Gamesa wind turbine generators was hoisted into place by the offshore construction team at the project site 35 miles off Montauk…

Semco Maritime Secures 10-Year Offshore Wind Service Contract at North Sea Wind Farm

Nov 16, 2023

Danish offshore energy industry service provider Semco Maritime has been awarded a balance-of-plant service contract covering operations andmaintenance on the offshore wind farm Butendiek located in the North Sea around 32 kilometers from the Island of Sylt near the German-Danish border…

Seven Groups Apply for Norway's Offshore Wind Tender

Nov 15, 2023

Seven groups of energy companies have sought pre-qualification for Norway's first commercial offshore wind farm tender, the government said on Wednesday, while several others dropped out of the race as soaring costs dampened interest.The tender…

Floating Wind Faces Mooring System Supply Chain Bottlenecks

Nov 14, 2023

A combination of technical and market factors could drive supply chain bottlenecks for mooring system components in the emerging offshore wind sector, says Philip Lewis, director of research at Intelatus Global Partners.See the full video interview here.

Framo to Supply Suction Bucket Pumping Systems for Taiwan Offshore Wind Project

Nov 14, 2023

Framo said Wednesday it would supply suction bucket pumping systems for the foundations of Ørsted's Greater Changhua Offshore Wind Project in Taiwan.The Framo Suction Pump Spread Systems will be produced at the Framo factory at Flatøy outside Bergen…

Van Oord Wins $533M in Offshore Wind Contracts in Poland and Taiwan

Nov 08, 2023

Dutch offshore installation firm Van Oord has been awarded two new offshore wind projects Baltic Power in the Baltic Sea and Greater Changhua 2b and 4 in Taiwan. The contracts have a combined value of more than EUR 500 million (~currently around 533 million)…

Vestas Q3 Beats Forecast on Higher Turbine Prices, Easing Bottlenecks

Nov 08, 2023

Danish wind turbine maker Vestas on Wednesday reported third-quarter operating profits and revenue above expectations, reflecting an easing of supply chain disruptions and higher prices for turbines, boosting its shares 9% in early trade.The…

White House Says Orsted Remains 'Committed' to US Offshore Wind

Nov 06, 2023

Denmark's Orsted is still 'committed' to developing offshore wind farms in the United States despite the company's cancellation of two projects off the coast of New Jersey, White House senior advisor John Podesta told Reuters on Monday.Podesta…

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