ETZ Ltd and the Offshore Renewable Energy (ORE) Catapult have agreed to co-invest and collaborate in 'a world-leading' National Floating Wind Innovation Centre in Aberdeen.The center will be dedicated to accelerating the commercialization of…
Offshore wind in the United States is moving forward at pace, thanks in large part to a number of positive developments for the newly emerging industry over the last year or so. For one, the Biden administration at the start of 2021 revealed…
The Bureau of Ocean Energy Management's (BOEM) New York Bight auction concluded February 26, 2022, a sale where six bidders committed to payments of close to $4.4B in total for the right to develop wind lease areas offshore New York and New Jersey…
The Biden's administration's sale of offshore wind development rights off the coasts of New York and New Jersey surged past all expectations on Thursday to reach more than $3.3 billion, with bidding still not complete.The auction, which began on Wednesday and is due to resume on Friday morning…
When bidding for six leases in the New York Bight commenced on Wednesday morning, the minimum option price to secure development rights was set at close to $49 million. After the first day, 13 active bids had resulted in cumulative bids of over $1…
The UK-based Offshore Wind Growth Partnership (OWGP) on Friday announced the winners of its first Innovation Grant Funding Competition in which eleven UK firms secured a share of OWGP's £3m Innovation Grant funding pot.Launched in September 2021…
Sumitomo Electric, a Japanese manufacturer of electric wire and optical fiber cables, has signed a memorandum of understanding with offshore wind installation firm Seaway 7 with the intention to collaborate on offshore wind projects in Japan and the wider Asia-Pacific region…
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey continued to shatter all records on Friday, reaching over $3.8 billion with one single block fetching over $1 billion.The auction, which began on Wednesday…
The largest-ever U.S. sale of offshore wind development rights - for areas off the coasts of New York and New Jersey - attracted a record $1.5 billion in bids on Wednesday, supporting President Joe Biden's plan to create a new domestic industry…
The New York Bight auction is made up of six leases containing an estimated 5.6 GW of bottom-fixed offshore wind capacity that can serve New York and New Jersey offshore wind requirements, amongst others. Till now, New York and New Jersey have secured a combined capacity of 8…
Iberdrola is more focused on striking partnerships in the offshore wind power generation business than on any potential spinoff, Chief Executive Ignacio Galan said on Wednesday.Asked about the possibility of spinning off that part of the business…
Norwegian energy company Equinor and its Polish partner Polenergia have selected Siemens Gamesa as the preferred supplier of wind turbine generators for the MFW Bałtyk II and MFW Bałtyk III offshore wind projects in Poland.Equinor said the MFW…
UK-based Manor Marine UK Ltd has secured a contract with Mainprize Offshore to build a second offshore wind farm service vessel, following the win of the building contract for the MO8 in 2021. The second vessel to be built at the site in Portland…
The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey.It will be the first offshore wind lease sale under the administration of President Joe Biden…
Belgian electricity transmission system operator is looking to expand its international offshore activities and has for this purpose established a new subsidiary WindGrid.'Through WindGrid, Elia Group is ready to meet offshore development needs…
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