As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been…
Shoreline Wind, developer of intelligent SaaS solutions for powering wind energy, announced the appointment of Andrew Pearson as its new chief executive officer.Prior to joining Shoreline Wind, Pearson held CEO roles at range of growth SaaS companies…
Dutch companies Sif and Ballast Nedam have signed a memorandum of understanding (MoU) to develop a joint venture for the decommissioning of offshore wind farms under the name of BNS Decom.BNS Decom intends to revolutionize the decommissioning process for offshore wind farms…
Danish offshore wind turbine maker Vestas has announced plans to establish a new offshore wind blade factory in Poland.The factory, to be located at Szczecin, is planned to produce blades for Vestas’ flagship offshore wind turbine, the V236-15…
The grid connection for Hollandse Kust (west) Alpha offshore substation is officially ready for commissioning after receiving grid readiness certificate three months ahead of schedule.This means that wind farm operator Ecowende can connect the wind turbines…
Mitsui O.S.K. Lines (MOL) and Hokutaku, Japan's largest wind turbine maintenance company, have made an agreement to form a capital alliance as MOL pursues growth in its non-shipping businesses like offshore wind.The capital alliance entails…
Franklin, La. shipbuilder Gulf Craft in December delivered WINDEA Intrepid, a new crew transfer vessel built for WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.Designed by Incat Crowther and classed by Bureau Veritas, the…
Eversource Energy has informed about the expected impairment charge of up to $1.6 billion related to three offshore wind projects in the United States.The impairment the energy utility Eversource Energy expects is related to three projects it owns as part of two partnerships with Ørsted…
Every single turbine at Vattenfall’s 168 MW offshore wind farm Vesterhav Syd has now delivered power to the Danish electricity grid.The offshore wind farm is now completely connected to the Danish power grid, following the supply of power from the first turbines back in November 2023…
Bourbon Subsea Services has installed a floating electrical hub (FEH) at the Eolmed floating offshore wind farm in France, completing the first stage of the 30 MW project.The FEH for the pilot floating farm was installed off Portla-Nouvelle in southern France in fall 2023…
The Australian Department of Climate Change, Energy, the Environment and Water has designated preliminary plans for a Victorian Renewable Energy Terminal as “clearly unacceptable.”The plans were submitted by the Port of Hastings Corporation in October 2023…
As part of the Biden-Harris administration’s goal of deploying 30GW of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) is inviting the public to comment on a draft potential development of six wind lease areas offshore New York and New Jersey…
Empire Offshore Wind, a joint venture between Equinor and BP, has terminated the contract awarded to Great Lakes Dredge & Dock Corporation and Van Oord for rock installation at Empire Wind 2 offshore wind project.In 2022, the Great Lakes and…
Palatka, Fla. shipyard St. Johns Ship Building announced it has delivered WINDEA Courageous, the first of three Jones Act compliant crew transfer vessels (CTV) ordered by WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.The…
Norwegian shipbuilder Ulstein Verft has signed contracts with J.P. Morgan Asset Management for offshore wind Construction Service Operation Vessel (CSOV) newbuilds.In 2023, Bernhard Schulte Offshore ordered the design and construction of two…