Search results for: Ocean Wind

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  • Shell Exits US Offshore Wind Project, Sells Stake to Ocean Winds

    21 March 2024
    Business & Finance, Project Updates, Wind Farm Update

    Shell New Energies, a subsidiary of Shell, has sold its 50 per cent equity share in SouthCoast Wind Energy, established in 2018 to develop wind projects off the coast of Massachusetts, to its joint venture partner Ocean Winds North America for an undisclosed sum. According to Shell, the deal with Ocean Winds was structured to […]

  • More Work for Wood Thilsted at Ocean Winds’ Polish Offshore Wind Project

    13 December 2023
    Business & Finance, Contracts & Tenders, Supply Chain

    Wood Thilsted (WT) has been appointed by Ocean Winds to complete the preliminary foundation designs for the BC-Wind offshore wind farm in Poland as FEED and detailed design wind turbine foundation designer. Wood Thilsted has previously led the foundations concept design, evolving the project’s understanding of the engineering constraints of the site. When the project […]

  • Ørsted Takes EUR 4 Billion Impairment Hit

    1 November 2023
    Business & Finance

    Due to adverse impacts relating to supply chain delays, increased interest rates, and the lack of an Offshore Wind Renewable Energy Credit (OREC) on Sunrise Wind, Ørsted has recognised impairment losses of DKK 28.4 billion (about EUR 3.8 billion) in the first nine months of 2023. The majority of impairment losses, DKK 19.9 billion, relate […]

  • Ørsted Cancels Two Wind Projects Offshore New Jersey, Clears Revolution Wind for Takeoff

    1 November 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Danish renewable energy developer Ørsted has decided to cease the development of the Ocean Wind 1 and Ocean Wind 2 offshore wind projects in New Jersey. In addition, the company, together with Eversource, has taken a final investment decision (FID) on the 704 MW Revolution Wind, Rhode Island and Connecticut’s first utility-scale offshore wind farm. […]

  • Siemens Energy, Smulders Deliver Moray West Offshore Substation Topsides

    2 November 2023
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    Smulders and Siemens Energy have sent off the first of the two Offshore Transformer Modules (OTMs) for the Moray West offshore wind farm from the Smulders yard on the Tyne at Wallsend. The second OTM has also been loaded onto a barge and is ready to be transported to Scotland. The OTMs have been delivered […]

  • Nexans Wraps Up Moray West Export Cable Pull-In Work Offshore Scotland

    11 March 2024
    Cables, Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    France-headquartered Nexans has completed the offshore export cable pull-ins for both offshore substation platforms at the 882 MW Moray West wind farm, located in the Moray Firth in the northeast of Scotland. The cable-laying vessel Nexans Aurora took advantage of a recent period of favorable weather to carry out the task, according to Ocean Winds’ […]

  • Transmission Capital Partners Buys Moray East Link

    23 February 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Supply Chain

    Moray East Offshore Wind Farm, a joint venture between Ocean Winds, Diamond Green Limited, and China Three Gorges, has concluded the transfer of its transmission assets to Transmission Capital Partners (TCP), a consortium comprising Transmission Investment, Amber Infrastructure, and INPP. The transmission assets include a 220 kV 3-cable connection to the Moray East Wind Farm […]

  • Ørsted’s US, Taiwan Offshore Wind Projects Hit by Vessel Shortages; Sunrise Wind Still Not Out of the Woods

    6 November 2023
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Supply Chain, Vessels, Wind Farm Update, Wind Turbines

    Several days ago, Ørsted called it quits on the Ocean Wind 1 offshore wind farm in the US, with some of the main issues leading to the decision to abandon the project being supply chain bottlenecks, primarily vessel shortages. This has affected not only the now-dropped Ocean Wind 1 but also the company’s Revolution Wind […]

  • Ørsted Terminates Skipjack Wind Offtake Agreement Amid ‘Challenging Market Conditions’

    26 January 2024
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Ørsted has unveiled that it is pulling out of an offtake agreement with the State of Maryland for its 966 MW Skipjack Wind offshore wind project in the US. Following consultation with the State of Maryland, Ørsted has withdrawn from the Maryland Public Service Commission Orders approving the Skipjack 1 and 2 offshore wind projects. […]

  • Boskalis Installs First Moray West Offshore Substation Platform

    19 December 2023
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    Boskalis’ DP installation vessel Bokalift 1 has installed the first offshore substation platform (OSP) at the Moray West offshore wind farm site in Scotland. The heavy lift operations in the Port of Nigg and on-site were completed safely and successfully, according to the developer Ocean Winds. As offshore commissioning starts, the previously laid export cable […]

  • New Pilot Project Looking to Save Lives by Using AI Tech

    2 February 2024
    Business development, R&D, Research & Development, Technology

    Ocean Winds, a 50-50 joint venture between ENGIE and EDP Renewables, and UK-based startup Zelim have joined forces for a pilot project that will test AI-enabled person detection software for floating offshore wind farms. The project aims to test and prove Zelim’s ZOE technology, AI-enabled software dedicated to person overboard detection that is capable of […]

  • Moray West Wind Turbine Components Arriving at Port of Nigg

    26 March 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    The first Siemens Gamesa wind turbine blades and tower components for Ocean Winds’ Moray West offshore wind farm have arrived at the Port of Nigg in Scotland. The 882 MW offshore wind farm, developed by Ocean Winds, will comprise 60 wind turbines and will be the first project to feature Siemens Gamesa’s SG 14-222 DD model. The turbines […]

  • First Moray West Transition Pieces Arrive at Port of Nigg

    28 November 2023
    Equipment, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    The first batch of transition pieces (TPs), that will be installed at the Moray West offshore wind farm, has arrived at Port of Nigg in the Cromarty Firth. The first delivery to Nigg included two TPs for the offshore substations, allowing progress on the export electrical infrastructure to be made, said Ocean Winds. As part […]

  • Nexans Kicks Off Moray West Export Cables Pull-In Work

    14 November 2023
    Cables, Fixed-Bottom, Grid Connection, Project Updates, Wind Farm Update

    Nexans has started the pull-in of the first of two export cables at the 882 MW Moray West offshore wind farm off the coast of Scotland. The offshore export cables were manufactured by Nexans at its factory in Halden under a contract signed with Ocean Winds in 2021. The Nexans Skaggerak and the Nexans Aurora […]

  • Ørsted Pulls Out of Norwegian Offshore Wind Partnership

    14 November 2023
    Business & Finance

    Denmark’s Ørsted has decided to pull out of a Norwegian offshore wind partnership with Fred. Olsen Seawind and Hafslund. “Ørsted have informed us that due to a prioritisation of investments in the portfolio they will withdraw from pursuing participation in offshore wind developments in Norway, and therefore their participation in the partnership will discontinue,” said […]

  • Chinese Fabricator Delivers Final Batch of Moray West XXL Monopiles

    23 November 2023
    Foundations, Project Updates, Supply Chain, Wind Farm Update

    China’s Dajin Heavy Industry has delivered the final batch of eight XXL monopiles for the 882 MW Moray West offshore wind farm in Scotland. In June 2022, Dajin Heavy Industry was contracted by the wind farm’s developer, Ocean Winds, to supply 48 XXL monopiles for the project. The units weigh about 2,000 tonnes and have […]

  • Iberdrola, Rio de Janeiro Sign Offshore Wind MoU

    27 March 2024
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development

    Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has signed a Memorandum of Understanding (MoU) with the government of Rio de Janeiro state to explore the development of offshore wind projects. Under the agreement, Neoenergia and the government of Rio de Janeiro will carry out studies regarding offshore wind generation in the state’s coastal region. […]

  • Siemens Gamesa Halts Plans for USD 200 Million Offshore Wind Turbine Blade Factory in US

    13 November 2023
    Business & Finance

    Siemens Gamesa has discontinued its plans to build and operate an offshore wind turbine blade manufacturing plant in Virginia, US. The company’s USD 200 million (about EUR 187 million) manufacturing plant was planned to be built at the Port of Virginia’s Portsmouth Marine Terminal. It was intended to support major US offshore wind projects, including […]

  • Amazon Books Over Half of Moray West Offshore Wind Capacity to Power UK Operations

    30 January 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Amazon has signed a corporate power purchase agreement (CPPA) for a total of 473 MW of Moray West offshore wind farm’s generation capacity to help power its operations when the project becomes operational later this year. The technology giant signed the CPPA with ENGIE, which owns the Moray West project through Ocean Winds, the 50-50 […]

  • Ørsted Reshuffling Exec Team Amid ‘Challenging Business Environment’ in the Industry

    14 November 2023
    Business & Finance, Fixed-Bottom, Floating Wind, Industry

    Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO. Daniel Lerup and Richard Hunter, Ørsted’s now-former CFO […]

  • Lamprell Dispatches First Batch of Transition Pieces for Moray West

    25 October 2023
    Equipment, Fixed-Bottom, Foundations, Project Updates, Supply Chain, Wind Farm Update

    The first batch of transition pieces (TPs) for the Moray West offshore wind farm have sailed out of Lamprell’s Hamriyah yard in UAE and are on their way to a marshalling harbour in the UK. “I want to congratulate the project team and thank our client for their trust in Lamprell as we underwent both […]

  • Ørsted Doubles Offshore Wind Earnings in 2023

    7 February 2024
    Business & Finance

    World’s leading offshore wind developer Ørsted has reported an operating profit (EBITDA) of DKK 18.7 billion (about EUR 2.5 billion) for 2023 and expects this year’s operating profit to be between DKK 23 billion and DKK 26 billion (approximately EUR 3 billion and EUR 3.4 billion). This is according to Ørsted’s 2023 annual results, which […]

  • Siemens Gamesa Produces First 108-Metre Wind Turbine Blades for Moray West

    15 December 2023
    Equipment, Supply Chain, Wind Turbines

    Siemens Gamesa has manufactured the first 108-metre-long wind turbine blades at its factory in Hull for the 880 MW Moray West offshore wind farm in Scotland. The team from Ocean Winds and Gareth Davies MP, Exchequer Secretary to the UK Treasury were present to see the first blades produced in Hull. In total, 180 blades […]

  • New Jersey Accelerates Schedule for Fourth Offshore Wind Solicitation

    8 December 2023
    Authorities, Business & Finance, Business development, Planning & Permitting, Research & Development

    On 29 November, New Jersey Governor Phil Murphy directed the New Jersey Board of Public Utilities (NJBPU) to launch the fourth offshore wind solicitation in early 2024. New Jersey’s fourth solicitation project awards are expected in early 2025. The Governor’s action reaffirms the State’s commitment to achieving a 100 per cent clean energy economy by […]

  • Lithuania Officially Confirms Winner of First Offshore Wind Tender

    12 October 2023
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Supply Chain, Wind Farm Update

    The Lithuanian National Energy Regulatory Council (NERC) has confirmed the joint venture between Ocean Winds and Ignitis Renewables as the winner of Lithuania’s first offshore wind tender after the partnership was selected in the auction in July and declared the provisional winner. Ignitis Group, the parent company of Ignitis Renewables, says that the two companies […]

  • Plans Submitted to Link 6 GW of Offshore Wind Farms to New Jersey Grid

    5 April 2024
    Business development, Grid Connection, Onshore Infrastructure, Research & Development

    National Grid Ventures (NGV) and Con Edison Transmission have submitted plans for building a transmission infrastructure that will connect offshore wind power to the New Jersey electricity grid. The project, named the Garden State Energy Path, proposes laying underground cables that will enable the delivery of approximately 6 GW of offshore wind power from its […]