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  • SSE’s Arklow Bank 2 Could Bring EUR 800 Million Boost for Irish Economy

    28 November 2023
    Business & Finance, Contribution

    Socio-economic research on the potential benefits of Arklow Bank Wind Park 2 estimates an economic benefit to the Irish economy of up to EUR 800 million during the project’s lifetime, of which over half a billion euros could directly benefit counties Wicklow and Wexford. The preliminary data is contained in an independent report commissioned by […]

  • Diverse Marine Secures Financing for Eight Crew Transfer Vessels

    28 November 2023
    Business & Finance, Vessels

    The UK shipbuilder Diverse Marine has introduced the Diverse Marine Client Finance Programme, its own finance and lease programme, through which it secured financing for an initial, but rolling, eight crew transfer vessels (CTVs). Funding for offshore wind CTVs has been challenging, said the company, and the Diverse Marine Client Finance Programme, designed initially for […]

  • N-Sea Picks UK Firm to Provide ‘World’s First DNV-Approved’ Cable Repair Equipment

    29 November 2023
    Contracts & Tenders, Equipment, Supply Chain

    The Netherlands-headquartered subsea solutions provider N-Sea has handed out a contract to Osbit, a UK-headquartered offshore wind equipment specialist and a Venterra Group company, for the delivery of a suite of equipment to enable the repair and lay of offshore cables. According to Osbit, this equipment consists of a novel dual concentric carousel, a tower […]

  • Ten Most Read News on OffshoreWIND.biz in 2023

    1 January 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Industry, Operations & Maintenance, Planning & Permitting, Project Updates, Supply Chain, Technology, Wind Farm Update, Wind Turbines

    Updates on wind turbine technology and new offshore wind projects, including those facing major challenges, marked 2023 on offshoreWIND.biz. In the article below, we have compiled our ten most-read news last year, together with some of their related updates and stories. In February 2023, Vestas revealed plans to scale up a new chemical process that […]

  • Monopile Installation on Dogger Bank B Delayed by Six Months

    18 January 2024
    Equipment, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    NOTE: The article was amended on 23 January to include the parts of Dogger Bank Wind Farm’s Supporting Statement filed to the Marine Management Organisation (MMO) that concern the reasons for the delay of the monopile installation on Dogger Bank B. The installation of foundations on two UK offshore wind projects, the 1.4 GW Sofia […]

  • Scotland’s 4.1 GW Offshore Wind Project Receives Onshore Grid Connection Approval

    7 December 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    East Lothian Council has granted planning permission in principle for SSE Renewables’ proposed Berwick Bank offshore wind farm onshore transmission infrastructure and grid connection at Branxton, south of Dunbar, Scotland. Securing planning consent in principle for the onshore grid network will enable renewable energy generated by the proposed offshore wind farm to be transmitted to […]

  • EIB Pledges EUR 5 Billion in Bank Guarantees for EU Wind Energy Manufacturers

    15 December 2023
    Business & Finance, Industry

    The European Investment Bank’s (EIB) board of directors has approved a EUR 5 billion package of counter-guarantees to help improve access to finance for wind energy equipment manufacturers. The counter-guarantee scheme, which is part of the European Wind Power Package, was announced on 13 December. In October, the European Commission (EC) presented its Wind Power […]

  • Offshore Surveys Completed for SSE Renewables Arklow Bank Wind Park II

    7 September 2023
    Fixed-Bottom, Project Updates

    Two offshore survey campaigns have been completed for SSE Renewables’ Arklow Bank Wind Park II offshore wind farm in Ireland. The surveys took place over an eight-week period during July and August. According to SSE Renewables, the surveys were completed on schedule despite unsettled weather conditions experienced over the last couple of months and were […]

  • Avangrid, CIP Secure USD 1.2 Billion in Capital for Vineyard Wind 1

    26 October 2023
    Business & Finance, Project Updates, Wind Farm Update

    Denmark-based Copenhagen Infrastructure Partners (CIP) and Avangrid have secured a USD 1.2 billion first-of-its-kind tax equity package for the 800 MW Vineyard Wind 1 offshore wind project in the US. The investment transaction, which CIP said is the largest single asset tax equity financing and the first for a commercial-scale offshore wind project, was reached […]

  • SeAH Wind Goes on Recruitment Spree for UK Monopile Factory

    22 January 2024
    Jobs & Recruitment

    South Korea’s SeAH Wind has started its large-scale drive to recruit for positions including welders, platers, roll bending machine operatives, mechanical and electrical technicians, supervisors, and general operatives for its XXL monopile manufacturing facility on Teesworks, the UK. Applications will be accepted via the company’s dedicated recruitment website where individuals can sign up for job […]

  • US Establishing New Center of Excellence to Accelerate Offshore Wind Deployment

    9 February 2024
    Business & Finance, Industry, Jobs & Recruitment, Training & Education

    The US Department of Energy (DOE) is investing USD 4.75 million to establish a new national center of excellence to accelerate offshore wind energy deployment nationwide. The Academic Center for Reliability and Resilience of Offshore Wind (ARROW), led by the University of Massachusetts Amherst with approximately 40 partners, will focus on workforce development, targeted research, […]

  • Cadeler Receives Loan to Fund Jack-Up Upgrades and Construction

    15 November 2023
    Business & Finance, Vessels

    Denmark-based Cadeler has entered into an unsecured green term loan facility with The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (HSBC). The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class newbuild vessels and upgrade of the existing O-class vessels with new cranes, namely Wind Orca […]

  • PGE and GE to Test Green Hydrogen Production Using Offshore Wind Turbine

    26 October 2023
    Business development, Green Hydrogen, Power-to-X, R&D, Research & Development

    PGE Polska Grupa Energetyczna and GE have signed an agreement for the development of a project aimed at testing the production of green hydrogen using a GE offshore wind turbine. In the planned project, hydrogen would be produced in an electrolyzer using electricity generated from the latest GE wind turbine model intended for the offshore wind […]

  • AFRY to Support Colombia’s Offshore Wind Commercialisation

    20 December 2023
    Business & Finance, Business development, Research & Development

    Swedish supplier of engineering, design, and advisory services, AFRY, has revealed that it will support the Colombian Government in the identification of offtake mechanism for commercialisation of offshore wind energy in the country. According to AFRY, the company’s support will allow the Colombian Government to formulate the mechanism that supports offshore wind energy commercialisation with […]

  • Iberdrola, World Bank Eyeing Offshore Wind, Green Hydrogen Projects in Emerging Markets

    8 January 2024
    Business & Finance

    Iberdrola and the World Bank, through its private sector investment arm, the International Finance Corporation (IFC), have signed a EUR 300 million loan agreement to develop renewable energy projects in countries dependent on fossil fuels, including Morocco, Poland and Vietnam. IFC has already allocated a first tranche of EUR 170 million for the support of […]

  • Lithuania Shelves Second Offshore Wind Tender

    18 April 2024
    Authorities, Planning & Permitting

    Lithuania’s National Energy Regulatory Council (NERC) has discontinued the second tender for a 700 megawatt (MW) offshore wind farm in the Baltic Sea after receiving only one bid. The Law on Renewable Energy stipulates that there must be at least two tenderers for a tender to take place, Lithuania’s Ministry of Energy said. ”As Lithuania […]

  • Romania Adopts Offshore Wind Bill, Plans to Have First Project Up and Running by 2032

    11 April 2024
    Authorities, Planning & Permitting

    Romania’s Chamber of Deputies has adopted the Offshore Wind Energy Bill proposed by the Ministry of Energy, setting the country on the path to having its first offshore wind project built by 2032. Within three months from the date the new law enters into force, the Ministry of Energy will conduct a study which will […]

  • CIP Launches New Company for Energy Island Development

    19 January 2024
    Business development, Energy Islands, Grid Connection, Industry, Research & Development

    Denmark’s Copenhagen Infrastructure Partners (CIP) will launch a new company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors. Named Copenhagen Energy Islands (CEI), the new company will build on CIP’s long-standing experience within offshore wind to develop energy island projects globally and is currently developing around 10 energy […]

  • 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 […]

  • Connecticut, Massachusetts, Rhode Island Push Back Offshore Wind Bidding Deadline

    22 January 2024
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting

    The US State of Massachusetts has extended the deadline for submitting bids in its ongoing offshore wind energy solicitation until 27 March. Connecticut and Rhode Island, Massachusetts’s partner states under an agreement signed last year that allows for the procurement of multi-state offshore wind projects, have also extended the bidding deadline in their respective solicitations. […]

  • Poland’s Largest Offshore Wind Project Readies for 2025 Auction

    10 April 2024
    Planning & Permitting, Project Updates, Wind Farm Update

    Equinor and Polenergia have applied for environmental approval for the connection infrastructure of the Bałtyk I offshore wind farm as the project is being prepared for auction in Poland in 2025. The Bałtyk I offshore wind farm is one of three projects jointly developed by Equinor and Polenergia in the Polish Baltic Sea. Bałtyk I, […]

  • Newfoundland and Labrador to Gain More Control Over Offshore Wind Projects Under New MoU

    7 December 2023
    Authorities, Business development, Collaboration, Outlook & Strategy, Planning & Permitting, Research & Development

    Canada’s Minister of Energy and Natural Resources, Jonathan Wilkinson, and Premier of Newfoundland and Labrador, Andrew Furey, have signed a Memorandum of Understanding (MoU) on offshore wind to enable Newfoundland and Labrador to take the regulatory lead on offshore wind projects within its inland bays. The MoU is said to enable the development of offshore […]

  • Aventus Energy, Horizon Ocean Management Form Japanese Offshore Wind Partnership

    10 October 2023
    Collaboration, Outlook & Strategy

    UK-based Aventus Energy has partnered with Horizon Ocean Management (HOM) in support of Japan’s growing offshore wind sector. While HOM offers advisory, consultancy, and IMR services for the Japanese offshore wind sector, Aventus is said to bolster this partnership by providing a wide range of technical and engineering services such as inspection, repair, and maintenance […]

  • Europe’s First Commercial-Scale Floating Offshore Wind Farm Secures All Planning Approvals

    22 April 2024
    Authorities, Floating Wind, Planning & Permitting, Project Updates, Wind Farm Update

    Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have obtained the offshore planning approval for the Green Volt floating wind farm offshore Scotland. With onshore consent announced earlier this month, Green Volt has now received all its planning approvals and remains on track to be the first commercial-scale floating offshore wind […]

  • Chartwell Marine, Vard Collaborate on 55-metre Offshore Wind Vessel

    3 October 2023
    Vessels

    UK-based Chartwell Marine has partnered with Vard to introduce the Midi Service Operations Vessel (Midi SOV), a 55-metre offshore wind craft that is coming to both the US and European markets in 2024, according to the companies. The vessel is said to be designed Jones Act-compliant, Americanized, and ready for production in the US shipyards. […]

  • WES Starts Testing Combined Floating Wind and Wave Energy Models

    12 September 2023
    Equipment, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Technology, Transition

    Wave Energy Scotland (WES) has started a series of tank tests of floating wind and wave energy structures at the University of Edinburgh’s FloWave facility to explore the potential benefits the synergy between the two technologies could bring. The tank tests currently being completed by WES use sea states which are representative of one of […]