"Offshore Wind" News

Shoreline Wind Appoints Pearson as CEO

Jan 11, 2024

Shoreline Wind, developer of intelligent SaaS solutions for powering wind energy, announced the appointment of Andrew Pearson as its new chief executive officer.Prior to joining Shoreline Wind, Pearson held CEO roles at range of growth SaaS companies…

Rebuilding the Foundations of US Offshore Wind

Jan 11, 2024

As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been…

Enbridge Steering Clear of US Offshore Wind

Jan 11, 2024

Canadian pipeline company Enbridge is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems have contributed to offshore projects collapsing, a senior executive said.Rising costs have led to canceled projects in the U…

MOL Forms Capital Alliance with Japan's Largest Wind Maintenance Firm

Jan 10, 2024

Mitsui O.S.K. Lines (MOL) and Hokutaku, Japan's largest wind turbine maintenance company, have made an agreement to form a capital alliance as MOL pursues growth in its non-shipping businesses like offshore wind.The capital alliance entails…

Eolmed Floating Wind Farm Starts Taking Shape in Mediterranean Sea

Jan 09, 2024

Bourbon Subsea Services has installed a floating electrical hub (FEH) at the Eolmed floating offshore wind farm in France, completing the first stage of the 30 MW project.The FEH for the pilot floating farm was installed off Portla-Nouvelle in southern France in fall 2023…

All Turbines from Vattenfall’s Danish Offshore Wind Farm Now Supplying Power

Jan 09, 2024

Every single turbine at Vattenfall’s 168 MW offshore wind farm Vesterhav Syd has now delivered power to the Danish electricity grid.The offshore wind farm is now completely connected to the Danish power grid, following the supply of power from the first turbines back in November 2023…

Eversource Energy Expects Up to $1.6B Offshore Wind Impairment Fee

Jan 09, 2024

Eversource Energy has informed about the expected impairment charge of up to $1.6 billion related to three offshore wind projects in the United States.The impairment the energy utility Eversource Energy expects is related to three projects it owns as part of two partnerships with Ørsted…

Gulf Craft Delivers CTV for WINDEA

Jan 09, 2024

Franklin, La. shipbuilder Gulf Craft in December delivered WINDEA Intrepid, a new crew transfer vessel built for WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.Designed by Incat Crowther and classed by Bureau Veritas, the…

Great Lakes, Van Oord Receive Rock Installation Contract Termination

Jan 08, 2024

Empire Offshore Wind, a joint venture between Equinor and BP, has terminated the contract awarded to Great Lakes Dredge & Dock Corporation and Van Oord for rock installation at Empire Wind 2 offshore wind project.In 2022, the Great Lakes and…

BOEM Invites Review of New York Bight Wind Lease Areas

Jan 08, 2024

As part of the Biden-Harris administration’s goal of deploying 30GW of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) is inviting the public to comment on a draft potential development of six wind lease areas offshore New York and New Jersey…

Australian Government Rejects Plan for Offshore Wind Terminal

Jan 08, 2024

The Australian Department of Climate Change, Energy, the Environment and Water has designated preliminary plans for a Victorian Renewable Energy Terminal as “clearly unacceptable.”The plans were submitted by the Port of Hastings Corporation in October 2023…

Ulstein Inks Deals with JP Morgan for Offshore Wind CSOV Newbuilds

Jan 05, 2024

Norwegian shipbuilder Ulstein Verft has signed contracts with J.P. Morgan Asset Management for offshore wind Construction Service Operation Vessel (CSOV) newbuilds.In 2023, Bernhard Schulte Offshore ordered the design and construction of two…

St Johns Ship Building Delivers First CTV for WINDEA

Jan 05, 2024

Palatka, Fla. shipyard St. Johns Ship Building announced it has delivered WINDEA Courageous, the first of three Jones Act compliant crew transfer vessels (CTV) ordered by WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.The…

Japan’s 112MW Offshore Wind Farm Comes Online

Jan 04, 2024

Japan’s utility JERA and Green Power Investment Corporation (GPI) have started operations at the Ishikari Bay New Port Offshore Wind Farm - the largest commercial wind farm in Japan.Located in Hokkaido’s Ishikari Bay New Port, the wind farm…

Tekmar Reels In $4.4M Offshore Wind Cable Protection Deal

Jan 04, 2024

Offshore services firm Tekmar Group has secured a contract to supply its cable protection system for an undisclosed offshore wind development.The contract is for the design and supply of Tekmar Group's flagship Generation 10 cable protection…

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