Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…
BW Offshore, a company mainly known as the operator of FPSO vessels in the oil and gas industry, is creating what it calls 'a floating offshore wind champion targeting large-scale projects,' following an agreement signed Wednesday to buy into the floating offshore wind tech developer Ideol…
BW Offshore, a company known for its FPSO leasing business in the oil and gas sector, is looking to diversify by entering the floating offshore wind space and has started talks with floating wind firm Ideol over a potential investment.The move…
The UK floating offshore wind could reach “subsidy-free” levels by the early 2030s, according to a study completed by the ORE Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE).The study titled: 'The Floating Offshore Wind: Cost…
Dutch marine contractor Boskalis has started towing a giant floating wind turbine to a site offshore Scotland, where it will be installed as part of Grupo Cobra's Kincardine floating wind farm project.'Yesterday, the tow-out of the impressive…
The floating offshore wind industry, still considered nascent with around 100MW installed capacity - and minuscule compared to the installed capacity of its „older brother,“ - that is the conventional, fixed bottom offshore wind industry (29GW…
Wave energy converter developer Bombora and energy services giant TechnipFMC have teamed up to work on a floating offshore wind project, which pairs ocean wave energy with offshore wind.Bombora said Wednesday that under the cooperation in the…
The floating wind industry, still in its infancy, is set for a 2000-fold increase in installed capacity by 2050, DNV GL said, however, warning that more comprehensive industry standards and risk management is required for the technology to scale…
Advisory company Renewables Consulting Group (RCG) has appointed floating offshore wind specialist Dan Kyle Spearman to lead its global floating offshore wind practice.'As floating offshore wind will be a key renewable energy technology in the energy transition to net zero carbon emissions…
Offshore wind turbine manufacturer MHI Vestas has installed the first V164 9.5 MW turbine at the installation harbor for the Kincardine floating offshore wind farm. This is, according to MHI Vestas, the most powerful turbine in use at a floating wind project…
The floating offshore wind industry, currently at its beginnings, is set for massive growth in the years to come, which has now led the classification society DNV GL to released the first integrated rule set for floating offshore wind structures…
Offshore wind turbine maker MHI Vestas Offshore Wind has been selected by Qair as the preferred wind turbine supplier for the EolMed floating project in the Mediterranean Sea, to be located about 18 km off the coast of Gruissan in the Aude region…
UK-based energy consultancy Xodus Group has launched a three-year study on the costs around floating offshore wind with the aim of helping developers make their projects attractive to investors.The collaborative research project, led by Xodus through the IDCORE program…
Engineering services Worley has recently completed the accessibility design assessment for Saitec Offshore Technologies’ ‘DemoSATH’ floating wind turbine, which will be deployed off the Basque Coast in northern Spain.DemoSATH is a 2 MW turbine…
UK-based Offshore Renewable Energy (ORE) Catapult said Monday that ten of the world’s leading offshore energy organizations have joined it Floating Offshore Wind Centre of Excellence (FOWCoE) to drive forward the development of next-generation offshore wind technologies…