Floating News

 

Floating Wind Power Gains Traction But Can It Set Sail?

Apr 24, 2023

After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit some projects and without investment in infrastructure to launch the vast turbines and tow them to sea, hopes of harnessing the full power of the ocean's winds to hit climate targets could be dashed…

Tugdock and Salamander Offshore Wind Team Up to Accelerate Floating Wind Energy Development

Sep 28, 2023

UK-based company Tugdock has signed a Memorandum of Understanding with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland.Tugdock, based in Cornwall, UK, has patented marine buoyancy…

Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

Sep 06, 2023

Global floating wind capacity will have grown from less than 200 MW at the end of 2022 to around 61 GW of grid connected capacity by 2035. This activity will require over $250 billion in capital expenditure. Over 75% of the forecast activity is expected to come from four countries…

DORIS Selected as Principal Designer for Two Floating Wind Farms in Scotland

Aug 03, 2023

Offshore engineering services company DORIS has been appointed Principal Designer on the Broadshore and Bellrock floating offshore wind farm projects in Scotland by the BlueFloat Energy | Renantis Partnership.The Broadshore and Bellrock projects…

Wave-Wind Offshore Platform with Hydrogen: Floating Power Plant's SEAWORTHY Selected for EU Grant

Jul 18, 2023

Danish technology developer and integrator Floating Power Plant A/S said Tuesday it had been selected to negotiate a significant grant by the European Commission to support its SEAWORTHY project at the PLOCAN test site.SEAWORTHY is an acronym…

ABS Issues Safety, Technical Guideline for Floating Offshore Wind Substations

Jul 03, 2023

The American Bureau of Shipping (ABS) has published requirements addressing safety and technical standards for floating offshore wind substations in what has been described as an industry first. Together with input from offshore wind project developers…

Floating Offshore Wind: EDP Group Transfers Stake in Principle Power to Ocean Winds

May 26, 2023

EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW.Principle Power is specialized in the design…

Floating Solar Market Set to Surpass 6 GW by 2031, Says Wood Mackenzie

May 25, 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday…

Provence Grand Large Floating Wind Farm Foundations Floated Out

May 23, 2023

SBM Offshore-designed foundations of the Provence Grand Large floating wind farm were floated out this week at the fabrication yard in Fos-sur-Mer, France.Eiffage Metal, the Fos-sur-Mer fabrication yard owner, said Monday:”The three [floating…

Addressing the Challenges of Developing Floating Wind at Scale

May 02, 2023

Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…

Markets: The Challenges of Developing Floating Wind at Scale

Apr 13, 2023

Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…

Funding Secured for Further Development of Floating Offshore Wind Substation

Mar 23, 2023

Semco Maritime, ISC Consulting Engineers, Aalborg University, Energy Cluster Denmark and Norway, and Sweden-based Inocean have obtained funding to forward the development of a floating offshore substation (FOSS) concept.The parties announced…

Floating Offshore Wind Industry Poised for Full Commercialization by 2035 - Survey

Feb 22, 2023

The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges…

Offshore Wind: Floating Wind is the Future

Jan 31, 2023

$3 billion forecast to be invested in new anchor handlers to meet floating wind demand.Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 MW…

$3 Billion Forecast to be Invested in New Anchor Handlers to Meet Floating Wind Demand

Jan 06, 2023

Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 megawatts (MW). By 2030, close to 11 gigawatts (GW)…

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