The offshore wind industry has made great strides to become a cost-competitive option for grid and off-grid energy solutions. And today, the industry is growing faster than ever before, both in the well-established European market and in newer ones such as in China…
Offshore Renewable Energy (ORE) Catapult, UK-based innovation center for offshore renewable energy, is looking to lower costs and speed up the production of the wind turbine blade designs of the future with investment in a prototype blade manufacturing facility…
The European Union unveiled plans on Thursday to transform its electricity system to rely mostly on renewables within a decade and increase its offshore wind energy capacity 25-fold by 2050.Renewable sources like wind and solar provide roughly a third of EU electricity today…
Windthrust, a subsidiary of Australian-based, National Ports Corporation, has revealed plans for a 300 meters long, combined self-propelled floating port and installation vessel for foundations, wind turbines, and substation - named the Oceandock LX…
SSE and Equinor, as developers of the giant Dogger Bank offshore wind farm project in the UK, have ordered monopiles and transition pieces for the Dogger Bank A & B phases. The monopiles and transition pieces will be built by the Sif-Smulders joint venture…
Edinburgh-based wave energy technology firm Mocean Energy has raised £850,000 (USD 1,1 million) to speed up the commercialization of its wave energy converter and deploy it to power subsea oil and gas equipment.The Scottish start-up has raised £612…
Norwegian offshore wind services firm Aker Offshore Wind has increased its stake in Principle Power, a company developing foundations for floating wind farms.Aker Offshore Wind's stake in Principle Power will grow from around 20 percent to an expected 39 percent…
Italian power cable company Prysmian has won a contract to provide export cables for RWE Renewable’s largest offshore wind project, 1.4 gigawatt (GW) Sofia offshore wind farm, in the UK North Sea.Prysmian will provide a turn-key high voltage subsea and land export cable connection…
Fred. Olsen Renewables and Hafslund Eco have agreed to cooperate as equal partners on a 50/50 basis on the development of offshore wind and transmission concepts in Norway.'The combination of Hafslund Eco’s competencies as a power producer and grid operator with [Fred…
British utilities SSE, Iberdrola-owned Scottish Power and grid operator National Grid will develop a 4 gigawatt (GW) power link between Scotland and England, they said on Monday.The multi-billion pound project, called the Eastern Link, will…
CorPower Ocean, a Sweden-based developer of wave energy converters, has secured a 10-year marine license in Portugal.The company said the license provides a ‘Permit for the Private Use of the Maritime Space’ up to 12 miles off the coast of Aguçadoura in northern Portugal…
Japan plans to introduce tax incentives and create a research fund to support so-called green investment, as the government pushes to meet a target of carbon-neutrality announced earlier this month, the Nikkei newspaper reported.The government…
A federal agency said on Thursday it has again delayed a long-awaited environmental study crucial to permitting the first major U.S. offshore wind project, but final approval of the project is expected by mid-January.The study of the 800-megawatt…
Oil and gas services firm SBM Offshore raised its full-year core profit guidance on Thursday on the back of a 23% increase in nine-month revenue and said it had started work on a pilot floating offshore wind project in France.The Dutch company…
Norwegian energy services giant Aker Solutions on Tuesday completed its previously announced merger with compatriot Kvaerner, and has pledged that the new company would work on speeding up the transition to sustainable energy production.'It…
Subscribe
