Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie.The possibility of offshore wind becoming cheaper than coal…
New Jersey Governor Phil Murphy signed into legislation Bill, expanding the definition of a 'qualified offshore wind project'. This definition now includes an 'open access offshore wind transmission facility'.With the new legislation in place…
The global offshore wind market grew nearly 30% per year between 2010 and 2018, benefiting from rapid technology improvements and about 150 new offshore wind projects are in active development around the world.Europe in particular has fostered the technology’s development…
A group of offshore wind industry members that includes Equinor, Magellan Wind and Principle Power have launched an offshore wind group in California.The Offshore Wind California (OWC) said it is committed to providing industry expertise, innovative solutions…
Denmark-based offshore wind developer Ørsted said it has selected GE Renewable Energy as the preferred turbine supplier for two of its US offshore wind farms which marks the world’s first commercial deployment of GE’s Haliade-X 12-megawatt (MW) offshore wind turbine…
Offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 gigawatts (GW) by 2030.Long-range predictions suggest generating capacity in excess of 500 GW by 2050, according…
First Subsea said it will provide platform mooring connectors to the world’s largest floating offshore wind farm.The company, part of the First Tech Group based in Aberdeen, has confirmed its secured the contract with Spanish developer and construction…
The American Wind Energy Association (AWEA) issued a statement in support of two bills introduced in the U.S. Senate this week, which would both extend the federal Investment Tax Credit (ITC) for offshore wind energy.The legislation comes at a critical time for offshore wind in America…
Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by the European Wind Energy Association, WindEurope. That translates to a 18% increase in Europe’s offshore wind capacity.According to WindEurope…
Danish energy company Ørsted submitted a bid to the New Jersey Board of Public Utilities (NJBPU) to build an offshore wind farm in response to the first offshore wind request for proposal under Gov. Phil Murphy’s clean energy agenda.Ørsted, the global leader in offshore wind energy…
Northwester 2 in Belgium will be the world’s first offshore wind park to feature the V164-9.5 MW turbine from MHI Vestas Offshore Wind.It’s full steam ahead for Belgium’s next offshore wind park as MHI Vestas and Parkwind confirm the firm order for the supply and installation of 23 V164-9…
Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said.Leading the charge is China…
Elaine Maslin surveys a variety of floating offshore wind projects due onstream in the near future. Statoil’s Hywind project. Image from Statoil. This year, floating offshore…
Danish utility and oil firm DONG Energy is laid claim to being the first company worldwide to have installed 1000 offshore wind turbines. Its offshore wind turbine number 1000 was commissioned at the German offshore wind farm Gode Wind 2…
American offshore wind has for too long been overshadowed by the long-delayed Cape Wind project, but the winds of change might finally be blowing. Cape Wind, is a 130 turbine, 3.6MW offshore wind park planned for off Cape Cod, Massachusetts…
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