"Offshore Wind" News

Wind Turbine Makers Struggle to Find Pricing Power

May 05, 2022

Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous…

Green Light for 30MW Floating Wind Farm Pilot in French Mediterranean

May 05, 2022

The EolMed consortium comprising Qair, TotalEnergies, and BW Ideol, has reached a final investment decision for its 30MW offshore floating wind development in France, BW Ideol said in a brief statement on Thursday.BW Ideol, a company making foundations for floating wind turbines…

GE, HSM Offshore Energy to Jointly Bid for Offshore Wind Substation Work

May 05, 2022

GE's Grid Solutions business, a global power industry systems provider, has signed a memorandum of understanding with offshore platform and modules builder HSM Offshore Energy to partner on offshore wind substations projects'This MoU can help…

Fred. Olsen 1848 Introduces 'Game-changing' Floating Wind Foundation Brunel

May 05, 2022

Fred. Olsen 1848, a Norwegian company developing technologies and solutions for the renewable energy industry, has launched a foundation for floating wind turbines, called Brunel, which, the company says, will be a game-changer that can unlock the potential of floating offshore wind…

Cadeler Raises $91,25M for Newbuild Wind Turbine Foundation Installation Vessel

May 05, 2022

Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new 'hybrid' offshore wind farm foundation installation vessel…

DEME Offshore, Barge Master Develop Feeder Solution for U.S. Offshore Wind Farms

May 04, 2022

Belgian offshore installation firm Deme Offshore and Dutch company Barge Master, which specializes in offshore motion compensation systems, have partnered up to further develop a U.S. Jones Act-compliant feeder solution for the upcoming offshore wind projects in the U…

Siemens Gamesa Names Dawidowsky COO

May 04, 2022

Wind turbine maker Siemens Gamesa has appointed Tim Dawidowsky as its Chief Operating Officer.The company is hoping Dawidowsky's expertise in supply chain management, procurement, and prodject management will help alleviate issues flagged last month when Siemens Gamesa pulled its 2022 guidance…

Cadeler in Talks to Order Offshore Wind Foundation Installation Vessel

May 04, 2022

Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…

India Plans to Install 30GW of Offshore Wind

May 04, 2022

India plans to set up 30,000 megawatts (MW) of offshore wind power capacity alongside 50,000 MW of solar capacity, the country's power minister said on Tuesday.'India has focused programs for capacity addition and accelerating the energy transition…

ReCoral - Ørsted to Try Growing Corals on Offshore Wind Turbine Foundations

May 04, 2022

Danish offshore wind developer Ørsted is planning what it says is a world-first attempt to support coral reefs by growing corals on offshore wind turbine foundations in Taiwan.The company will test the concept in the tropical waters of Taiwan this summer…

Bilfinger UK Expands Offshore Wind Team

May 03, 2022

UK-based engineering and maintenance contractor Bilfinger UK has made three appointments to its offshore wind team in Great Yarmouth, growing the business’s Southern North Sea presence for projects in the UK and Denmark.The company has appointed a business development consultant…

Edda Wind's Newbuild CSOV Sets Off for Sea Trials

May 03, 2022

Edda Wind's Edda Breeze Commissioning Service Operation Vessels (CSOVs) started sea trials over the weekend, Gondan Shipbuilders, the Spanish shipyard that built the vessel, said Tuesday.The CSOV left the Eo estuary to set course for the Port of Gijón…

Intelatus: U.S. Offshore Wind Picking Up Speed

May 03, 2022

The U.S. offshore wind sector continues to pick up speed on its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, with a total investment of $205 billion required for the 70 GW of capacity forecast to be added in this and the next decade…

Great Lakes Dredge & Dock, Van Oord Win Empire Wind Rock Installation Project

May 02, 2022

Houston-based Great Lakes Dredge & Dock Corporation on Monday announced it has been selected with Dutch offshore services firm Van Oord to perform the subsea rock installation work for Equinor and bp's Empire Wind I and II wind farms off the U…

ABS Grants AIP for F&G-Designed COSCO Wind Turbine Installation Vessel

May 02, 2022

American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) for a design for a wind turbine installation vessel (WTIV) for China Ocean Shipping Company Limited (COSCO) by Friede and Goldman (F&G).According to ABS, the design is…

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