Offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 gigawatts (GW) by 2030.Long-range predictions suggest generating capacity in excess of 500 GW by 2050, according…
New Jersey on Friday selected Denmark's Orsted A/S to develop a 1,100-megawatt wind project off the coast of Atlantic City, the largest ever offshore wind procurement by a U.S. state.Orsted's proposal received unanimous approval at a meeting…
New York on Thursday awarded two major offshore wind contracts to Norway's Equinor and a joint venture between Denmark's Orsted and U.S. utility Eversource, procuring more of the renewable power than it had planned as part of Governor Andrew Cuomo's ambitious plan to slash greenhouse gas emissions…
The provider of specialized services for the offshore industry, Jan De Nul Group said that its cable laying vessel Willem de Vlamingh has completed installation of the three export cables at the 120MW Formosa 1 phase two offshore wind farm in Taiwan…
The Spanish wind energy giant Siemens Gamesa Renewable Energy (SGRE) has received an order for 1,714 MW from Orsted and Eversource.Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power (OWP) order to date…
Global offshore wind energy industry is estimated to grow at a CAGR of by +15% to reach USD 69.63 billion by 2025.The industry valued approximately USD 18.479 billion in 2016 is forecasted to grow with a healthy growth rate of more than 15…
The promise of jumbo project financings arising from Taiwan’s ambitious push to develop offshore wind farms is beginning to hold true as a flurry of loans compete for liquidity among the island’s lenders.Financings totaling at least NT$155bn (US$4…
Denmark’s Ørsted won New Jersey’s first offshore wind solicitation with a 1.1-gigawatt project Ocean Wind, the largest offshore wind project to secure a development deal with a U.S. state to date.The New Jersey Board of Public Utilities (NJBPU)…
France's state-owned utility, EDF, and its consortium partners Canada's Enbridge and Germany's Innogy has won a contract for a major 600 megawatt (MW) offshore wind project near Dunkirk in western France, Environment Minister Francois de Rugy said…
France has boosted its offshore wind power target to 1 GW per year until 2028 totalling 10 GW, double an initial target of 4.7 GW over the next decade, prime minister Edouard Phillippe said.Referring to a 500 MW wind power tender the country…
Orsted on Wednesday reported higher first-quarter earnings from its offshore wind farms, in a positive sign for the Danish company's focus on renewables after selling its oil and gas business in 2017.Earnings from Orsted's core wind business…
Orsted U.S. Offshore Wind has entered into an agreement with the offshore wind support services provider WindServe Marine LLC to construct a two purpose-built offshore crew transfer vessels (CTVs).The first CTV will be built by US Workboats in Hubert…
Keppel Offshore & Marine Ltd's (Keppel O&M) wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), has snagged a contract to build two offshore wind farm substations worth more than S$150 million for Danish renewable energy company Orsted.The contract comprises detailed engineering…
Orsted U.S. Offshore Wind and Eversource pledged $4.5 million Monday to talent and workforce development in Rhode Island based on the Revolution Wind project.Governor Gina M. Raimondo said: 'Ørsted and Eversource's commitments, as part of their Revolution Wind offshore wind farm…
Dutch project engineering company Semco Maritime has signed a two-year contract with with Danish energy company Orsted's Hornsea Project One offshore wind farm - the world’s largest - in the the east coast of England.Under the two-year agreement…
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