The United States must speed up project permits if it is to meet the Biden administration's 2030 target for offshore wind power, major developer Orsted said on Thursday.The United States, with just two small offshore wind facilities, has lagged…
Renewable energy giant RWE has confirmed it will be taking part in the upcoming offshore wind seabed leasing round process in Scotland, called ScotWind, just as the deadline for applications was about to expire.ScotWind is a seabed leasing round…
New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7…
Offshore wind development firm Ørsted has teamed up with onshore wind community engagement firm Falck Renewables and floating wind expert BlueFloat Energy, to participate in the upcoming ScotWind leasing round in Scotland-'The consortium is…
The world's largest offshore wind developer Orsted is concerned that Big Oil's eagerness to harness wind at sea could push up prices for seabed leases, making the technology less competitive, its chief executive told Reuters.European oil firms including Total…
Countries worldwide should make more offshore areas available for wind farms than they do currently if they want to fulfil their climate ambitions, the chief executive of Norwegian oil firm Equinor told Reuters.Like other European oil majors…
Lower wind speeds and cable problems hit first-quarter earnings at Denmark's Orsted , sending shares in the world's biggest offshore wind farm developer lower on Thursday.Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 4…
Ørsted, the world's largest offshore wind developer, has joined a consortium with Fred. Olsen Renewables and Hafslund Eco with the aim to compete in Norway's upcoming application round for offshore wind areas.'The Norwegian part of the North…
U.S. oil major Chevron has hired Floatel International's offshore accommodation rig for services at its Anchor field development in the U.S. Gulf of Mexico.Floatel said Tuesday that it would deploy its Floatel Triumph rig for the job. It did not share the financial details…
Denmark-based Aegir Insights, an offshore wind investment analytics company, has announced a partnership with Shell, where Aegir Insights will provide data-driven analytics and intelligence to help Shell's offshore wind business development…
Danish offshore wind farm giant Ørsted said Monday it had completed the sale of 50% of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands to Norges Bank Investment Management.Norges Bank Investment Management (NBIM), an entity running Norway's $1…
When U.S. President Joe Biden’s administration approved the country’s first major offshore wind farm this month, it billed the move as the start of a new clean energy industry that by the end of the decade will create over 75,000 U.S. jobs.Industry executives and analysts do not contest that claim…
Poland's biggest power group PGE and Denmark's Orsted have finalized a deal to jointly develop two offshore wind projects in the Baltic Sea, PGE said on Thursday.Under the terms of the deal, Orsted bought 50% in each of two PGE units developing two offshore projects totalling 2…
Aberdeen-based Balmoral Comtec has noted recent news on offshore wind cable failures, and has offered a solution for the problem in the form of its integrated cable protection stability system.According to the company, its system offers up to…
Offshore services provider Global Maritime has won a contract with offshore wind developer Ørsted in Taiwan.Global Maritime Singapore will provide of Marine Warranty Services from Orsted Taiwan Limited, in support of the Greater Changhua 1 & 2a Offshore Wind Farms WTG installation scope of work…