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%22Offshore Wind%22 News

Wind Industry Aims to Provide a Third of Japan's Power by 2050

May 30, 2023

Japan's wind power body has set a mid-century goal to increase capacity to 140 gigawatts (GW) from less than 5 GW now, it said on Monday, to meet a third of the country's electricity demand and help it to hit its 2050 carbon neutrality target…

Portugal's First Offshore Wind Auction Aims for More than 1 GW

May 30, 2023

Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.In January,…

Cyan, Taya in Offshore Wind Vessel Collab in Taiwan

May 31, 2023

Singapore-based Cyan Renewables said Wednesday it had signed a Memorandum of Understanding (MOU) to partner with Taiya Renewable Energy, a Taiwanese offshore wind farm development company. Under the MOU, Cyan and Taiya will collaborate to build vessel capacity…

Orsted to Invest $68B in Renewable Energy by 2030

Jun 08, 2023

Renewable energy group Orsted will invest 475 billion Danish crowns ($68.3 billion) by 2030 to achieve its goal of 50 gigawatts (GW) of installed power capacity at the end of the decade, it said late on Wednesday. The Danish company said the…

North Star to Expand Offshore Wind Fleet with Two New Vessels from Vard

May 09, 2023

Norwegian shipbuilder Vard, part of Italy's Fincantieri, has signed new contracts to design and construct two commissioning service operation vessels (CSOVs) for the UK-based offshore vessel owner North Star.The agreement also has an option for two additional ships…

NKT to Supply Export Power Cables for OX2 and Ingka Investments' Swedish Offshore Wind Projects

May 30, 2023

OX2 and Ingka Investments, two companies working to build wind farms offshore Sweden, have entered into a conditional agreement with NKT for the delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the…

Germany, Denmark Sign Offshore Wind Cooperation Deal - Handelsblatt

Jun 01, 2023

Germany and Denmark have signed an agreement to connect at least 3 gigawatts of wind energy generation capacity on the Danish island of Bornholm to the mainland by the beginning of the 2030s, the German economy ministry said on Thursday. 'The…

Career Moves: US Offshore Wind Powering Up

May 31, 2023

In addition to wind, offshore wind demands human energy, individuals with knowledge and skills first to build and then operate and maintain the dozens of projects required to meet President Biden’s 2030 goal of 30 GW of offshore generation.…

Consortium Proposes 2.5 GW Offshore Wind Farm in Bass Strait, Australia

Jun 02, 2023

A consortium comprising Mainstream Renewable Power, Reventus Power, AGL, and DIRECT Infrastructure has submitted a feasibility license application for a 2.5 GW offshore wind development off the coast of Victoria, Australia.The area in the Bass Strait off Gippsland…

Floating Offshore Wind: EDP Group Transfers Stake in Principle Power to Ocean Winds

May 26, 2023

EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW.Principle Power is specialized in the design…

Denmark to Take 20% Ownership of New Offshore Wind Farms

May 31, 2023

The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday.Under the terms in the upcoming tenders, developers…

PKN Orlen, PGE Get Location Permits for Baltic Offshore Wind Farms

May 31, 2023

Two Polish state-controlled companies, oil refiner PKN Orlen and power utility PGE , have received permits to build offshore wind farms on the Baltic Sea.Poland's infrastructure minister awarded five permits for available locations to PKN Orlen group and one to PGE…

Barryroe Offshore Energy Faces Uncertain Future as Working Capital Dwindles

Jun 08, 2023

Barryroe Offshore Energy, an oil and gas company focused on developing the Barryroe offshore oil and gas field in Ireland, dubbed one of Europe's largest undeveloped offshore oil fields, might not be there to see the field brought online.The company…

Mainstay Marine to Build Crew Transfer Vessel for Seacat Services

Jun 13, 2023

Offshore energy support vessel operator Seacat Services has partnered up with marine engineering firm Mainstay Marine Solutions, to build the 20th vessel in its fleet, and the fifth Seacat Chartwell Ambitious design.The partnership comes amidst ongoing complexities in the UK shipbuilding market…

CCS, Hydrogen Challenges a Focus at SPE Offshore Europe 2023

Jun 02, 2023

Energy industry leaders are to set out how the sector can overcome challenges posed by the implementation of carbon capture storage (CCS) and the use of hydrogen at SPE Offshore Europe 2023 (OE23).A series of technical papers and panel sessions…

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