A new offshore wind tender that allows bidders to compete on their willingness to pay the German government rather than receiving subsidies could ultimately result in higher power prices, Ørsted's CEO said on Wednesday.Germany's federal network…
Beleaguered wind turbine maker Siemens Gamesa, soon to be delisted and folded into parent Siemens Energy, said on Thursday its first-quarter net loss more than doubled on higher warranty provisions as a result of faulty components. The net loss in the October-December period…
A developer set to produce wind energy off the coast of Massachusetts has announced a name change. The company formerly known as Mayflower Wind said on Tuesday it has changed its name to SouthCoast Wind Energy LLC, to 'better reflect the company’s commitment to the people…
Italian energy group Eni is discussing with Norwegian private equity firm HitecVision a sale of a stake in its retail and renewables unit Plenitude, according to sources with knowledge of the talks.After freezing plans for an initial public…
WindServe Marine, a U.S. offshore wind support services company, has secured a loan from The Washington Trust Company, for the construction of three new 88-foot crew transfer vessels (CTV), recently commissioned by Ørsted, the largest offshore wind developer in the world…
All 47 offshore wind turbine generators have been installed at the Formosa 2 offshore wind project the 376MW Formosa 2 offshore wind project off the coast of Miaoli in western Taiwan.The last wind turbine was successfully installed on January 31…
Denmark's Ørsted, the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. 'In a year with unusual market conditions…
$3 billion forecast to be invested in new anchor handlers to meet floating wind demand.Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 MW…
Japanese trading firm Marubeni Corp started commercial operation based on the feed-in tariff program for renewable energy at Akita Port offshore wind farm on Tuesday, it said in a statement.Japan's offshore wind power market, part of the country's goal to be carbon neutral by 2050…
The American Bureau of Shipping (ABS) has approved in principle the Bassoe D-Floater, a floating offshore wind turbine foundation.It is said that the Bassoe D-Floater foundations will be able to handle 15 megawatt offshore turbines, which will be among the world's largest…
In recent State of the Port address, the first held since 2020, the Port of Long Beach’s Executive Director Mario Cordero discussed the port’s plan to support California’s emerging floating wind industry.The Port of Long Beach has not yet been identified as a marshalling port for any one project…
Germany's cabinet on Monday approved measures to accelerate the expansion of wind and solar power by simplifying licensing and setting deadlines for permitting procedures, the economy ministry said.Berlin aims to generate 80% of electricity from renewables by 2030…
KENC Engineering B.V. received a contract from an undisclosed party to design and build a Hammer Quick Lifting Frame. For hammering operations during the construction of two US offshore wind farms, KENC has the assignment to design and build a Hammer Quick Lifting Frame (HQLF)…
Germany boosted its offshore wind power capacity by 357 megawatts (MW) to 7,036 MW last year, inching towards a planned 30,000 MW by 2030, power grid operator TenneT said.The German arm of the Dutch transmission group will play a key role in achieving the target…
Ørsted and Eversource have submitted a joint proposal in response to New York State’s third round of offshore wind solicitations. 'Delivering clean, renewable power for at least 1 million New York homes, this submission includes multiple bids…
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