Search results for: south korea

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  • 22 November 2019
    R&D

    Up to 19GW of new offshore wind capacity is expected to be added in APAC excluding China (APeC) over the next 10 years, according to Wood Mackenzie. According to Wood Mackenzie’s report, the success of future offshore wind in APeC will depend on costs coming down. Currently, the average offshore wind levelized cost of electricity […]

  • 2 January 2019

    From a sea of major updates that hit the headlines last year, Offshore WIND has chosen a few that could sketch the sector’s progress by looking at various developments across the globe in 2018.

  • 25 February 2021
    Business & Finance

    China installed a record 3,060 MW of new offshore wind capacity in 2020, corresponding to over half of the offshore wind capacity added globally last year, according to the latest data released by GWEC Market Intelligence. Overall, China had 9,898 MW of installed offshore wind capacity at the end of 2020 and was just 308 […]

  • 20 January 2023
    Vessels

    Marco Polo Marine, the Singapore-based marine logistics company, has awarded SMST a contract for the delivery of their mission equipment for the “first-ever” Asian Commissioning Service Operations Vessel (CSOV). SMST’s mission equipment consists of an Access & Cargo Tower with a motion-compensated gangway, the so-called Telescopic Access Bridge L-Series, and a 5-tonne 3D motion-compensated crane […]

  • 1 June 2016
    Business & Finance, R&D, Technology, Wind Farm Update

    Ecole Centrale de Nantes (ECN), a French engineering school and research institution, has selected an international consortium led by Le Béon Manufacturing to supply the material needed for anchoring Floatgen, a floating wind turbine demonstrator developed by the French company Ideol. The concept is based on a concrete floater built by Bouygues Travaux Publics. ECN invited tenders […]

  • 5 December 2017
    Business & Finance

    According to a report at Zion Market Research, global offshore wind energy market size was valued at USD 20.3 billion in 2016 and is expected to reach USD 57.2 billion in 2022, growing at a CAGR of 16.2% between 2017 and 2022. 

  • 14 February 2022
    Business & Finance, Contracts & Tenders, Ports & Logistics

    SeAH Wind Ltd will build a GBP 200-300 million UK XXL monopile manufacturing facility at Teesworks and not at Able UK’s Able Marine Energy Park (AMEP) on the South Bank of the Humber as initially planned. SeAH Wind Ltd, a subsidiary of South Korea’s pipe manufacturer SeAH Steel Holdings, has not specified the reason for […]

  • 12 May 2021
    Vessels

    Eneti Inc. is in advanced discussions with several American shipbuilders for the construction of a Jones Act-compliant wind turbine installation vessel. This vessel would be constructed, financed, and operated by American citizens in compliance with the Jones Act, in order to address the heightened demand for transportation and installation capacity on the Continental Shelf of […]

  • 10 February 2013
    Authorities, R&D

    As part of an international collaboration with the International Energy Agency, the Energy Department has launched a new database that includes results of environmental monitoring and research efforts on wave, tidal, and current energy development worldwide. Called “Tethys,” after the Greek titaness of the ocean, the database will help industry regulators and energy project developers […]

  • 16 March 2021
    Business & Finance

    Sif Holding has finalised the takeover of KCI the engineers from Royal IHC, as announced in December 2020, when the companies inked the initial agreement for Sif’s acquisition of the Dutch engineering consultancy company. Financial details of the acquisition have been left undisclosed. KCI, which bagged EUR 9 million in sales profit last year, employs […]

  • 15 June 2022
    Business & Finance

    The merger between Aker Offshore Wind (AOW) and Aker Horizons is expected to be completed after close of trading on the Oslo Stock Exchange on 17 June, which accordingly will be the last day of trading in the AOW shares on Euronext Growth Oslo, the company said in its latest trading update. As announced on […]

  • 27 January 2021
    Contracts & Tenders, Wind Farm Update

    Master Builders Solutions has won the grout supply contracts for the Formosa 2, the Changfang and Xidao, and the Greater Changhua 1 and 2a offshore wind projects in Taiwan. In total, Master Builders Solutions will be supplying MasterFlow 9500 and MasterFlow 9800 to 222 offshore foundations over the next three years. “2020 has been a […]

  • 17 September 2019
    Business & Finance, R&D

    The annual global growth of the offshore wind sector will increase to 19.1GW by 2020, from the 4.3GW in 2018, according to Commerzbank AG. Commerzbank anticipates the global wind market to continue to grow, albeit with regional fluctuations, with an average growth rate of 15% in the offshore wind sector in the next ten years. The German bank said […]

  • 6 March 2012

    As the major engineering partner to the Allseas Group, Bosch Rexroth has developed and engineered the drive and control system solution for the world’s largest mobile lifting mechanism for offshore installations. The special vessel equipped with this topside lifting system (TLS), “Pieter Schelte”, can lift and transport topsides of offshore platforms with a weight of […]

  • 19 October 2012

    ABB, the leading power and automation technology group, recently delivered four Azipod C propulsion systems for the Blue Ocean II Wind Turbine Installation Vessel built by Samsung Shipyard in Korea. This is a repeat order from Samsung Shipyard, following a similar scope for the first Blue Ocean Wind Turbine Installation Vessel delivered in September, 2011. […]

  • 15 December 2022
    Business & Finance, Contracts & Tenders, Vessels

    Marco Polo Marine’s Taiwan-based subsidiary, PKR Offshore, has signed a Memorandum of Understanding (MoU) with Vestas Taiwan for the deployment of Marco Polo’s new commissioning service operations vessel (CSOV) on offshore wind projects in the Asia Pacific region. The new CSOV will be deployed across offshore wind farms in Taiwan, Japan, and South Korea, over […]

  • 9 September 2021
    Business & Finance

    The Global Wind Energy Council (GWEC) expects 2021 to be the new record year for new offshore wind capacity installed globally. Last year, 6.1 GW of offshore wind capacity were installed globally, a slight decrease from a record 6.24 GW in 2019. With China’s offshore wind sector rushing to install 7.5 GW ahead of the […]

  • 27 July 2015

    The growing emphasis on renewable and carbon neutral energy generation has pushed tidal energy into the spotlight. Tidal energy being more reliable than wave energy has a few operational plants with substantial capacity across the globe. New, experimental concepts such as dynamic tidal power, which enable production even in low-tide regions, possess the potential to […]

  • 1 February 2019

    Record-breaking turbines, new offshore wind tenders… read the ten most read news on offshoreWIND.biz in the first month of 2019. Siemens Gamesa Launches 10+ MW Offshore Wind Turbine Siemens Gamesa has launched the SG 10.0-193 DD, the company’s first 10+ MW offshore wind turbine. The prototype is expected to be installed this year, with commercial market […]

  • 9 November 2011

    European wind power production will meet a massive 31% of the emissions reduction required by the current EU climate target. Today the European Wind Energy Association (EWEA) published a new report revealing that by 2020, the EU wind industry would avoid 342 million tonnes of CO2, equivalent to 31% of the EU’s target of reducing […]

  • 3 April 2023
    Business development, Technology

    Last week, three months after it was installed at the National Test Center for large wind turbines in Østerild, Denmark, Vestas’s V236-15.0 MW prototype wind turbine reached its nominal power rating of 15 MW. The company’s new flagship wind turbine produced its first electricity shortly after being installed in December 2022 and has started operating at […]

  • 11 January 2022
    Authorities

    Denmark’s Ministry of Climate, Energy and Utilities has entered into a cooperation agreement on offshore wind with the US state of Virginia, after a few months of working on the agreement with the government of Virginia, together with the Danish Energy Agency and with assistance from the Danish embassy in the US. According to the […]

  • 8 July 2022
    Business & Finance, Industry

    Construction works on the new offshore wind foundation factory in the UK, which will produce XXL monopiles, started on 7 July. The new facility, located at Redcar’s Teesworks, is being built by SeAH, a subsidiary of South Korea’s pipe manufacturer SeAH Steel Holdings, and will produce between 100 and 150 monopiles per year. The monopiles […]

  • 18 November 2019
    Business & Finance

    UK-based onshore and offshore wind, wave and tidal energy companies are now exporting their products and services to 37 countries across six continents, a report published by RenewableUK shows. Using an illustrative sample of companies involved in the sector, “Export Nation” reveals that 47 UK firms signed 465 contracts worth up to GBP 53 million […]

  • 20 February 2023
    Business development, Industry

    In 2022, 9.4 GW of offshore wind capacity was installed worldwide and China alone installed 6.8 GW of this. The country’s top position in adding new offshore wind capacity will likely be preserved in 2023, as well, as China is also leading in projects currently under construction, according to a new report from World Forum […]

  • 4 March 2022
    Grid Connection, Wind Farm Update

    Jan De Nul is getting ready to start cabling work on the Hollandse Kust Noord and West Alpha offshore wind farm grid connections in the Netherlands, developed by the transmission system operator (TSO) TenneT. The cable laying vessel (CLV) Isaac Newton loaded the first batch of subsea cables at the LS Cable & System fabrication […]