Offshore Wind News


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…

Colombia Mulls Making Ecopetrol Mandatory Partner in Offshore Wind Farms

Sep 12, 2023

Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters.The Ministry of Mines and Energy will…

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…

Siem Topaz Vessel's Contract in Taiwan Extended to Q4 2024

Sep 11, 2023

The Norwegian offshore vessel Siem Offshore said Monday it had secured a contract extension for the AHTS Siem Topaz with a local client in Taiwan. The contract will start in direct continuation of the current contract, for a firm period reaching into Q4 2024…

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…

Why the Offshore Wind Power Industry has Hit Turbulence?

Sep 11, 2023

Britain's latest subsidy auction for new renewable energy projects failed to attract bidders from the offshore wind industry, raising fears among developers and environmental groups that the country may struggle to meet its climate goals.Over the last two decades…

Japan's MOL Invests in TouchWind's Innovative Floating Wind Turbine Tech

Sep 11, 2023

Japan's Mitsui O.S.K. Lines (MOL) will invest in a floating wind technology start-up, TouchWind.TouchWind is developing the tilting angled one-piece rotor wind turbine which is expected to reduce wind interference between wind turbines that…

DNV to Certify Baltyk II and Baltyk III Offshore Wind Farms in Poland's Baltic Sea

Sep 11, 2023

DNV has been awarded a contract by the Equinor and Polenergia S.A. owned joint ventures, MFW Bałtyk II sp. z o.o. and MFW Bałtyk III sp. z o.o for the certification of the Baltyk II and Baltyk III offshore wind farms in the Baltic Sea, offshore Poland…

Taiwan: Formosa 2 Offshore Wind Farm Reaches Commercial Operation Date

Sep 08, 2023

Formosa 2 offshore wind project in Taiwan has achieved commercial operation date (COD), becoming the first Round 2 offshore wind project in Taiwan to reach this milestone.The Formosa 2 offshore wind project is a joint development project by JERA (49%)…

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…

Latest UK Renewables Auction Fails to Attract Offshore Wind Bids

Sep 08, 2023

Britain's latest subsidy auction for new renewable energy projects awarded no contracts for offshore wind projects, the results published on Friday showed, drawing criticism from opposition politicians and environmental campaigners.In a 2022 auction…

Eversource Energy Completes $625M Offshore Wind Lease Sale to Ørsted

Sep 08, 2023

Eversource Energy has sold the uncommitted lease area of approximately 175,000 developable acres located 25 miles off the south coast of Massachusetts to Danish offshore wind farm developer Ørsted for $625 million in an all-cash transaction…

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…

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