"Offshore Wind" News

Financing Secured for 1GW Offshore Wind Project in Taiwan

Sep 28, 2023

Northland Power Inc. said Thursday that its Hai Long offshore wind project in Taiwan had met all conditions to close its 1171 billion New Taiwan Dollars long-term non-recourse green financing. This is the equivalent of around CAD 5 billion, or $3…

Offshore Wind Vessels: Fixed vs Floating

Sep 28, 2023

How will vessel requirements in the emerging floating offshore wind industry differ from those in the existing fixed-bottom segment? Philip Lewis, director of research at Intelatus Global Partners, weighs in.See the full interview here.

Vestas to Supply 15MW Turbines for Poland's Largest Offshore Wind Project

Sep 28, 2023

Danish wind turbine maker Vestas has secured a firm order to deliver and install turbines for Poland's largest offshore wind farm.The order, from a joint venture between ORLEN and Northland Power, is for the supply of turbines for the 1.14 GW Baltic Power offshore wind farm…

US to Complete Offshore Wind Auctions on Schedule in 2024, Department of Interior Says

Sep 26, 2023

The Biden administration will complete its ambitious offshore wind leasing schedule on time next year, the Interior Department told Reuters, despite delays to preparatory work for the auctions and sagging demand from the industry.President Joe…

Spanish Firm Signals interest in Offshore Wind Farms in Portugal

Sep 26, 2023

Spanish renewable energy firm Capital Energy has submitted requests for a preliminary environmental analysis for three floating offshore wind farms with a total power of 2 gigawatts, Portugal's environmental agency APA said on Monday. In July…

ANALYSIS-Has Britain Lost Its Climate Crown?

Sep 26, 2023

Britain, which was quick to set ambitious climate goals, is now stumbling on the path to reach net zero emissions by 2050 and facing hurdles that could resonate with nations trying to balance their targets with politics and the cost of action…

Floating Wind: Principle Power Expands WindFloat Portfolio with Two Market-Ready Solutions

Sep 26, 2023

Principle Power, a provider of floating foundation solutions for the floating wind industry, said Tuesday it had expanded its WindFloat product portfolio to two fully industrialized products: the existing WindFloat tubular design – now called WindFloat T – and the new flat panel…

First Monopiles for Giant U.S. Offshore Wind Project Set Sail

Sep 26, 2023

German offshore wind monopile maker EEW SPC said Monday that the first eight monopiles for the Dominion Energy Coastal Virginia Offshore Wind Project in the U.S. were loaded at the Rostock quayside in Germany, and set sail for the U.S. on September 21…

Marine Power Systems PelaFlex Floating Wind Platform Receives Feasibility Certification from DNV

Sep 26, 2023

Marine Power Systems said Tuesday that its flexible floating platform technology, PelaFlex, has been awarded the Statement of Feasibility by the independent certification body, DNV.According to Marine Power Systems, its modular floating platform…

Portugal's EDP, Galp Say Price is Key for Offshore Wind Auction

Sep 26, 2023

The bosses of Portuguese utility EDP and oil company Galp on Tuesday warned the government the guaranteed price of the power generated will be key to preventing the first auction of floating offshore wind farms from failing like a recent one in Britain…

Ramboll Joins Global Offshore Wind Alliance

Sep 25, 2023

Danish engineering group Ramboll has joined the Global Offshore Wind Alliance, a public-private forum working to accelerate global offshore wind capacity. Founded by the Government of Denmark, the International Renewable Energy Agency (IRENA)…

GUH: Subsea Cable Failures Threatening Offshore Wind Expansion

Sep 22, 2023

UK-based trade body Global Underwater Hub (GUH) is working to tackle failures in underwater cables, which, it says, could derail global offshore wind ambitions.GUH says that the reliability of subsea cables is “paramount” to the success of offshore wind and the energy transition…

Edda Wind Secures Further Work for Edda Passat SOV

Sep 22, 2023

Norwegian offshore wind vessel owner Edda Wind has secured a contract for its service operation vessel Edda Passat.The Edda Passat SOV has operated for Ørsted at Race Bank Offshore Wind Farm since it was built in 2018, and the charter is expiring in October 2023…

Japan's Mitsui, Canada's Northland to Build 1 GW Offshore Wind Farm in Taiwan

Sep 22, 2023

Japan's Mitsui & Co said on Friday it had finalized a plan with Canada's Northland Power Inc. to build a 1 gigawatt (GW) offshore wind farm in Taiwan at an estimated cost of 960 billion yen ($6.5 billion). The deal comes as countries around…

Ljungstrӧm to Provide Specialized Steelwork for New Jersey Offshore Wind Farm

Sep 21, 2023

Steel component provider Ljungstrӧm has signed a contract with Riggs Distler & Company, Inc. to provide specialized structural steelwork for an offshore wind project. Ocean Wind I, New Jersey's first offshore wind project developed by the Danish offshore wind farm developer Ørsted…

Current News

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Skyborn Reaches Financial Clos

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Ørsted Gets Favorable Tax Opin

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