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Authorities, Business & Finance, Wind Farm Update
New Jersey Governor Phil Murphy has signed a bill that will ease Ørsted’s tax obligations related to the 1.1 GW Ocean Wind 1 project, the state’s first offshore wind farm and the largest so far approved for construction in the US. Atlantic Shores Offshore Wind, a joint venture between Shell and EDF Renewables which is […]
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Authorities, Business development, Wind Farm Update
Ørsted has filed a complaint against Cape May County with the Superior Court of New Jersey as the developer has not yet received a permit required for investigation works at a section of a county road. The company says this is creating “a cascading and adverse effect” on the recently approved 1.1 GW Ocean Wind […]
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EDP has transferred its 25.4 per cent stake in floating offshore wind platform company Principle Power to Ocean Winds, a 50:50 joint venture between EDP Renewables and Engie. With this transaction and adding to its previous ownership, Ocean Winds now holds a total of 36.25 per cent of Principle Power. The transfer of EDP’s stake […]
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Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update
Ocean Winds, a 50-50 joint venture by EDP Renewables and ENGIE, has sold 16.6 per cent of its majority stake in the Moray East offshore wind farm to Equitix. According to Ocean Winds, the sale will support the company’s investments in its additional 5 GW of offshore wind projects in Scotland. Following the transaction, Ocean […]
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Collaboration, Outlook & Strategy, Wind Farm Update
Mainstream Renewable Power and Ocean Winds, a joint venture between Engie and EDP Renewables, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven offshore wind farm to 2.3 GW. Arven comprises two sites, namely a 1.8 GW project east of the Shetland Islands, […]
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Collaboration, Outlook & Strategy
Ocean Winds, a 50:50 joint venture between EDP Renewables and Engie, has signed two agreements related to offshore wind development in Brazil. Ocean Winds has joined forces through a Memorandum of Understanding (MoU) with the local company Prumo Logistica. The goal is to exchange pertinent information relating to the studies aimed at scrutinizing an offshore […]
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Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update
Massachusetts’s electric distribution companies Eversource Energy, National Grid and Unitil have agreed to terminate their power purchase agreements (PPAs) for the Commonwealth Wind offshore wind farm at the request of the project developer, Iberdrola-owned Avangrid, which will pay USD 48 million in penalties for the termination that is yet to be approved by the state’s […]
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Fixed-Bottom, Foundations, Ports & Logistics, Project Updates, Supply Chain, Wind Farm Update
The joint venture between Navantia Seanergies and Windar Renovables has loaded out the first XXL monopiles for the Scottish Moray West offshore wind farm. For the joint venture, which the developer Ocean Winds contracted to deliver 14 out of the total of 60 wind turbine monopiles, these are the first monopiles that were manufactured at […]
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Contracts & Tenders, Ports & Logistics, Wind Farm Update
Ocean Winds (OW), a joint venture between EDP Renewables and Engie, has awarded UK-based Clarksons Port Service to provide support for the Moray West offshore wind project in Scotland. The contract marks a first for Clarksons Port Services in regards to working directly with the developers, according to the company. Under the contract signed with […]
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Business development, R&D, Research & Development, Technology
Norwegian company Ocean Ventus has launched a complete end-to-end solution for floating wind and is exploring the potential for a large-scale production facility in Norway. The company says that its end-to-end solution can bring down the cost of floating wind, from foundation production to transportation, assembly, and maintenance. Ocean Ventus’ design, which could save up […]
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Business development, Research & Development, Wind Farm Update
Ocean Winds, a joint venture between EDP Renewables and Engie, has started geotechnical surveys at the Caledonia offshore wind farm site in Scotland. Sediment from deep borehole samples from across the Moray Firth site should provide geotechnical data to allow further planning of the project’s engineering design and installation phases. “Ocean Winds has built a […]
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Business development, Collaboration, Outlook & Strategy, Research & Development
Ocean Winds, a 50-50 joint venture between EDP Renewables and Engie, has signed a Memorandum of Understanding (MoU) with the State of Rio de Janeiro, Brazil, to collaborate on developing offshore wind projects within the state. The MoU focuses on developing socioeconomically and environmentally sustainable offshore wind projects in the State of Rio de Janeiro […]
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Survey activities are ramping up at Ocean Winds’ Caledonia offshore wind farm site with a pair of floating LiDAR devices soon to be deployed in the Scottish waters. The wind farm’s developer, Ocean Winds, said it is laying the groundwork for its comprehensive Environmental Impact Assessment (EIA), a key element in the consenting process, following […]
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Ocean Winds, a joint venture between EDP Renewables and Engie, has started construction of an operations and maintenance (O&M) base in Scotland that will initially service the 882 MW Moray West offshore wind farm. The new 2,000 square metre base will feature cutting-edge technology, including a fully equipped workshop and warehouse, as well as office […]
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Authorities, Wind Farm Update
SSE Renewables is seeking an investigative foreshore licence to facilitate survey work for a possible new offshore wind farm in the Atlantic Ocean off the coast of Tarbert, Co. Kerry, Ireland. SSE Renewables has recently submitted an application for an investigative foreshore licence to Ireland’s Department of Housing, Local Government and Heritage and is seeking […]
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Contracts & Tenders, Fixed-Bottom, Ports & Logistics, Project Updates, Supply Chain, Wind Farm Update
Moray West has selected the Port of Nigg in the Cromarty Firth, Scotland, as the location for marshalling all 62 transition pieces (TPs) prior to installation as part of the 882 MW offshore wind farm. Moray West has signed an agreement with Global Energy Group (GEG), which owns and operates the Port of Nigg, to […]
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Business & Finance, Wind Farm Update
Moray West Offshore Wind Farm, owned by Ocean Winds and minority shareholder Ignitis Group, has secured GBP 2 billion of non-recourse project finance and reached financial close, the developers announced on 21 April and said this was the first project from the UK’s Contract for Difference (CfD) Allocation Round 4 to reach this milestone. The […]
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Ocean Winds, Sumimoto Corporation, and Banque des Territoires, shareholders of the company Eoliennes en Mer Dieppe Le Tréport (EMDT), have made a final investment decision (FID) for the Dieppe Le Tréport offshore wind farm in France. The Dieppe Le Tréport offshore wind farm represents an investment of around EUR 2.7 billion. The signing of all the financing […]
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Business development, Research & Development, Vessels, Wind Farm Update
GEOxyz has been selected by the Dutch-German transmission system operator (TSO) TenneT to carry out geophysical and geotechnical surveys for the export cable route for the Nederwiek III offshore wind farm (NW3) in the Netherlands. The Dutch Ministry of Economic Affairs and Climate and TenneT are planning an underground high-voltage connection from the Nederwiek offshore wind farm […]
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Authorities, Business & Finance, Industry, Wind Farm Update
SouthCoast Wind, the developer of an offshore wind lease area off the coast of Massachusetts, has started discussions with this US state’s representatives and utilities to terminate its existing Power Purchase Agreements (PPAs) citing ”material and unforeseen supply chain and financing cost increases affecting the whole offshore wind industry.” The SouthCoast Wind, a 2.4 GW […]
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Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update
The US Bureau of Ocean Energy Management (BOEM) has issued the draft Environmental Impact Statement (EIS) for the proposed Maryland Offshore Wind Project. If approved, the Maryland Offshore Wind Project could generate between 1,100 MW and 2,200 MW of clean, renewable energy to the Delmarva Peninsula, which could power up to 770,000 homes. US Wind, […]
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Renexia, the company behind Italy’s first offshore wind farm and the first to be built in the Mediterranean Sea, has contracted Seas Geosciences to study the most environmentally sustainable mooring and anchoring solutions for Med Wind, a 2.8 GW floating wind project proposed to be built in the Strait of Sicily. Seas Geosciences, part of […]
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Business & Finance, Wind Farm Update
The Eoliennes en Mer des îles d’Yeu et de Noirmoutier (EMYN) consortium, comprising Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie, has reached the final investment decision for the Îles d’Yeu and Noirmoutier offshore wind farm in France and thus moved the project into the construction stage. The first offshore operations will take […]
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Business & Finance, Business development, Fixed-Bottom, Industry, Infrastructure, Market Outlooks, Outlook & Strategy
The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates. The Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are […]
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Furgo, using its vessel Fugro Explorer, will perform a geotechnical survey campaign at the SouthCoast Wind lease area offshore Massachusetts, formerly known as Mayflower Wind, where the joint venture between Shell and Ocean Winds plans to install up to 2.4 GW of offshore wind capacity. A geophysical site investigation is also scheduled to start soon. […]
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Authorities, Wind Farm Update
The US Bureau of Ocean Energy Management (BOEM) is expected to soon announce its decision on whether to approve the Revolution Wind offshore wind farm as the federal agency has now completed the environmental analysis of the project, which Ørsted and Eversource plan to build offshore Rhode Island. BOEM issued the Final Environmental Impact Statement (FEIS) […]
