"Offshore Wind" News

In a First for the U.S., DEME Installs 3,000 Ton Offshore Substation for Vineyard Wind 1

Jul 26, 2023

Offshore installation firm DEME Offshore said Tuesday it had installed the approximately 3,000 ton offshore substation for the Vineyard Wind 1 project - the first commercial-scale offshore wind farm in the United States.'The installation of the offshore substation…

German Offshore Wind Capacity Up 3.1% in H1, Manufacturers Demand Law Amendments

Jul 26, 2023

Germany raised installed offshore wind capacity by 3.1% to 8,385 megawatts (MW) in the first half of 2023, industry lobbies said on Tuesday, demanding better revenue guarantees to maintain a build-out pace and ensure it will reach a 30,000 MW target by 2030…

Subsea 7's New Semi-Submersible Vessel Equipped for XXL Offshore Wind Foundations En Route to Europe

Jul 26, 2023

Subsea 7's recently delivered Seaway Alfa Lift offshore wind foundation installation vessel is in transit to Europe and is expected to join Subsea 7's fleet in the third quarter of 2023.The semi-submersible heavy installation vessel, designed by Ulstein…

Nexans to Build Third Cable Laying Vessel

Jul 25, 2023

France-based Nexans has announced an expansion in its presence in the offshore wind and interconnection market, by adding a third cable laying vessel to its fleet.This strategic decision will allow the Group to meet the increasing demand for electrification…

Hyundai Mipo Dockyard to Design CSOV

Jul 25, 2023

HD Hyundai Mipo Dockyard has started joint development of a commissioning service operation vessel (CSOV) with Korea Register of Shipping (KR).The two companies agreed to develop their own design and cooperate with domestic companies to ensure…

Ørsted to Divest 25% Stake in London Array Offshore Wind Farm for $921.6M

Jul 24, 2023

Denmark-based offshore wind developer Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK…

Singapore-based Cyan Renewables Acquires First Offshore Wind Vessel

Jul 24, 2023

Singapore-based offshore wind vessel firm Cyan Renewables said Friday it had acquired its first vessel from DEME Offshore NL - the Service Operation Vessel (SOV) Groenewind, for an undisclosed fee.The Groenewind is a SWATH vessel used to service offshore wind farms…

Britain's Octopus Energy to invest $20B Globally in Offshore Wind by 2030

Jul 24, 2023

Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday. The firm, part of Octopus Energy Group, said the investment…

Neart na Gaoithe Offshore Wind Farm Erects First Turbine

Jul 24, 2023

The first turbine was installed at the Neart na Gaoithe offshore wind farm, located 15.5km off the east coast of Scotland.The turbine, with a tip height of over 200 meters, was installed by Siemens Gamesa from the specialist jack-up wind turbine construction vessel…

Van Oord Installs 140km of Inter-Array Cables at Hollandse Kust Noord Offshore Wind Farm

Jul 21, 2023

Dutch offshore installation services firm Van Oord said Friday it had completed installing and burying inter-array cables at CrossWind’s Hollandse Kust Noord offshore wind farm, bringing it a step closer to being fully operational by the end of this year…

Orsted JV to sell Hornsea 2 Transmission Assets Worth $1.47B

Jul 21, 2023

A joint venture half-owned by Denmark's Orsted has agreed to sell the transmission assets of the Hornsea 2 wind farm offshore Britain to Diamond Transmission Partners Hornsea Two (DTP), the Danish energy group said on Friday. Orsted, which owns…

Sino-German Partnership to Build 500MW Offshore Wind Farm in Guangdong, China

Jul 21, 2023

Germany's chemicals giant BASF and China's wind turbine developer Mingyang have agreed to jointly construct and operate an offshore wind farm in South China. For this, the duo has created a joint venture company, Mingyang BASF New Energy (Zhanjiang) Co…

Senesco Launches Jones Act CTV WindServe Genesis

Jul 21, 2023

Senesco Marine on Friday launched the new Jones-Act-compliant crew transfer vessel WindServe Genesis.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part of the Reinauer Group—will operate the CTV. The vessel…

Vattenfall Stopping Norfolk Boreas Offshore Wind Farm in UK North Sea

Jul 20, 2023

Swedish utility Vattenfal said on Thursday it would stop development of its British Norfolk Boreas offshore wind project due to rising costs, and warned that Britain could struggle to meet its wind targets without improved incentives. The 1…

US Announces First Offshore Wind Rights Sale in Gulf of Mexico

Jul 20, 2023

The United States announced the first offshore wind power development rights sale in the Gulf of Mexico on Thursday, which President Joe Biden will discuss during a trip to highlight the administration's efforts to boost renewable energy.In February…

Current News

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Skyborn Reaches Financial Clos

Ørsted Gets Favorable Tax Opinion on Two UK Wind Farms

Ørsted Gets Favorable Tax Opin

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GONDAN Launches Its Largest-Ev

IEA Sees Bigger Oil Supply Gap as Gulf Recovery Slips into 2027

IEA Sees Bigger Oil Supply Gap

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