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2024 results

A list of search results

  • 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 […]

  • RWE and Hyundai Partner on Offshore Wind and Green Hydrogen in South Korea

    15 November 2023
    Business & Finance, Business development, Collaboration, Green Hydrogen, Outlook & Strategy, Power-to-X, Research & Development

    RWE and Hyundai Engineering & Construction (Hyundai E&C), a subsidiary of South Korea’s Hyundai Motor Group, have signed a memorandum of understanding (MoU) to cooperate in the field of offshore wind and green hydrogen. The partners said they will work together to jointly develop offshore wind projects in South Korea in line with the country’s […]

  • Deep Wind Offshore Reveals 70-Turbine Wind Farm Project Offshore Sweden

    26 December 2023
    Authorities, Planning & Permitting, Project Updates, Wind Farm Update

    Norway-headquartered Deep Wind Offshore is submitting a permit application for the construction and operation of an offshore wind farm off the south coast of Sweden. Located in the Gulf of Bothnia, northeast of Gävleborg and Uppsala counties, the Olof Skötkonung wind farm will include a maximum of 70 wind turbines. The planned wind farm project […]

  • Vestas Secures Offshore Wind Turbine Order in South Korea

    29 December 2023
    Business & Finance, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    Vestas has signed a preferred supplier agreement with Hanwha Corporation E&C Division for the 390 MW Shinan Ui offshore wind project in Shinan County, South Jeolla Province, South Korea. The project is developed by Shinan Ui Offshore Wind, a special-purpose company established by Hanwha Corporation E&C Division, SK D&D, and KOEN. If the project materialises, […]

  • Onshore Cabling Work for Denmark’s Largest Offshore Wind Farm Starts

    15 April 2024
    Cables, Grid Connection, Project Updates, Wind Farm Update

    Work on the onshore cable route for RWE’s offshore wind farm Thor has started near the onshore substation located south of Lemvig, Denmark. The activities, scheduled to be underway from mid-April until the end of October, are starting with horizontal directional drilling under the dune and a field immediately south of Tuskær. The landfall work, […]

  • Hellenic Cables Awards Revolution Wind Cable Termination & Testing Contract

    24 January 2024
    Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    The Correll Group has secured a contract with Hellenic Cables for the termination and testing of inter-array cables on the wind turbine generators and offshore substation for the 704 MW Revolution Wind offshore wind farm in the US. The Revolution Wind offshore wind farm is being developed by a joint venture of Ørsted and Eversource. […]

  • New England Offshore Wind Auction Attracts Four Bidders

    28 March 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    Four developers have submitted their bids in response to the combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation with the tenders totalling 6.8 GW. The proposals were made by Avangrid Renewables, Ørsted, SouthCoast Wind Energy, and Vineyard Offshore. In October 2023, the three states signed a Memorandum of Understanding (MoU) to collaborate on offshore wind procurement, although […]

  • NIRAS, Egis Team Up for French Offshore Wind Development

    1 April 2024
    Collaboration, Outlook & Strategy

    NIRAS and Egis have signed a partnership agreement to work jointly on offshore wind developments in the French market. The two companies signed the agreement on 20 March during the Congress Wind Europe in Bilbao, Spain. According to NIRAS, the partnership is a stepping stone for the company to further expand its business in France […]

  • US Greenlights First Offshore Wind Project to Connect to New York’s Grid

    14 March 2024
    Authorities, Fixed-Bottom, Grid Connection, Onshore Infrastructure, Planning & Permitting, Project Updates, Wind Farm Update

    Equinor has been granted authorisation from the US Federal Energy Regulatory Commission (FERC) to link the Empire Wind 1 offshore wind project directly into New York’s transmission system. Approved on 1 March, the Large Generator Interconnection Agreement (LGIA) executed between Equinor’s Empire Wind 1 project, New York ISO (NYISO), and Consolidated Edison Company of New […]

  • 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. […]

  • Establishment Permit Application Submitted for Danish Little Belt South Offshore Wind Project

    4 March 2024
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The Danish Energy Agency (DEA) has initiated a public consultation on the 165 MW Lillebælt Syd (Little Belt South) offshore wind farm, planned to be built in the Little Belt strait between the islands of Als and Helnæs. On 7 February 2024, the DEA approved the feasibility study report for the project and said that, […]

  • Boskalis Reports Record 2023 with 150 Pct Net Profit Increase; Half of Offshore Energy Revenue Came from Offshore Wind

    12 March 2024
    Business & Finance, Fixed-Bottom, Supply Chain, Vessels

    Boskalis’s offshore energy division saw 50 per cent of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on 7 March. Company-wide, Boskalis reported a 20 per cent increase in revenue and a 150 per cent higher net profit than in 2022. For its […]

  • Equinor Forms Union Alliance for New York’s First Offshore Wind Hub

    28 March 2024
    Business & Finance, Collaboration, Jobs & Recruitment, Operations & Maintenance, Outlook & Strategy

    Empire Wind and the Building & Construction Trades Council of Greater New York and Vicinity (BCTC) have signed a Project Labor Agreement (PLA) for the construction of the South Brooklyn Marine Terminal (SMBT). The revitalized SMBT will play a key role in Equinor’s development of the Empire Wind offshore wind project as a staging and assembly […]

  • US Gives Revolution Wind Green Light to Start Offshore Construction

    21 November 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Revolution Wind, the first utility-scale offshore wind farm serving Rhode Island and Connecticut, has secured the final approval needed from the US Department of Interior’s Bureau of Ocean Energy Management (BOEM) to move the project toward the start of offshore construction. Revolution Wind, being developed by Ørsted and Eversource, has received approval of the project’s […]

  • Equinor and KOSPO Join Forces Offshore South Korea

    6 December 2023
    Business development, Research & Development

    Korea Southern Power (KOSPO) and Equinor have signed a Memorandum of Understanding (MoU) to explore a potential collaboration on offshore wind projects near Chuja Island in South Korea. Under the agreement, KOSPO will collaborate with the Norwegian state-owned company Equinor to potentially develop large-scale offshore wind projects near Chuja Island. KOSPO expects that its collaboration […]

  • BP and Equinor Terminate Empire Wind 2 Offtake Agreement, Await ‘New Offtake Opportunities’

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

    The US joint venture between BP and Equinor has agreed with the New York State Energy Research and Development Authority (NYSERDA) to terminate the Offshore Wind Renewable Energy Certificate (OREC) agreement for the 1,260 MW Empire Wind 2 offshore wind project that recently obtained federal approval. The move comes after the joint venture, and two […]

  • Deep Wind Offshore to Use Spoor’s AI Bird-Tracking Tech in Sweden, South Korea

    22 March 2024
    Business development, Environment, Floating Wind, Innovation, Technology

    After completing the first full-year bird survey in Norway using the AI bird-tracking technology developed by the Norwegian start-up Spoor, Deep Wind Offshore will introduce the technology to the Swedish and South Korean offshore wind markets. Spoor has been tracking birds at the Utsira Nord floating wind area in Norway on behalf of Deep Wind […]

  • Parkwind and Alinta to Jointly Develop 1+ GW Offshore Wind Farm in Australia

    24 April 2024
    Business development, Project Updates, Wind Farm Update

    Alinta Energy and Parkwind, a subsidiary of JERA Nex, have agreed to join forces to develop the 1+ GW Spinifex offshore wind farm in the Southern Ocean Region Declared Area in South West Victoria, Australia. Under the agreement, Alinta Energy and JERA Nex, the newly launched renewable energy company created by JERA, will apply their […]

  • Vattenfall Links Vesterhav Nord to Danish Grid Despite Ongoing Blade Repairs

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

    All 21 wind turbines at Vattenfall’s Vesterhav Nord (North) offshore wind farm have delivered the first power and the 176 MW project is now connected to the Danish electricity grid. However, the blades on a single unit have been temporarily taken down for repairs after sustaining damage during the preparation of the offshore wind farm. […]

  • SOWEC Expands Priority List, Adds Seven Projects to SIM Funding Round

    2 April 2024
    Business & Finance, Business development, R&D, Research & Development

    Scottish Offshore Wind Energy Council (SOWEC) has added seven projects to the three it already selected in February 2024 for priority assessment in the Strategic Investment Model (SIM) funding round. Of these ten projects, five are port facilities, four are supply chain proposals, and one is an equipment project. “Out of the 45 projects that […]

  • RWE and Partners Secure 684 MW Japanese Offshore Wind Site

    13 December 2023
    Authorities, Business development, Fixed-Bottom, Planning & Permitting, Research & Development

    RWE Offshore Wind Japan Murakami-Tainai K.K. has been selected in a consortium together with Mitsui & Co., Ltd (Mitsui) and Osaka Gas Co., Ltd. (Osaka Gas) to deliver a 684 MW commercial-scale offshore wind project in Japan. The Japanese Government has appointed the consortium to develop, construct, and operate a fixed-bottom offshore wind farm off […]

  • Empire Wind 1 Cleared to Start Construction

    23 February 2024
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind offshore wind project in New York, the US. With this approval secured, the developer is planning to start the construction of Empire Wind 1 later this year. The approved plan includes the construction and operation […]

  • Cadeler Inks Wind Turbine Installation Deal for Wind Scylla

    27 March 2024
    Business & Finance, Contracts & Tenders, Supply Chain, Vessels

    Denmark’s Cadeler has signed an offshore wind turbine installation contract for the vessel, Wind Scylla, with an undisclosed client. The contract has a value between USD 75 million and USD 150 million, including both the firm period and potential options. The installation work is planned to commence in 2025. During the project duration, spanning between […]

  • Ørsted to Take Full Ownership of 924 MW Sunrise Wind Offshore Wind Farm in US

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

    Ørsted has signed an agreement with Eversouce to acquire the company’s 50 per cent share of the 924 MW Sunrise Wind offshore wind farm, a project that would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York fourth solicitation for offshore wind capacity, the […]

  • Taihan Buys ‘Korea’s Only Cable-Layer for Offshore Wind’

    27 December 2023
    Business & Finance, Outlook & Strategy, Vessels

    South Korean Taihan Cable & Solution has acquired what is said to be Korea’s only cable-laying vessel (CLV) for the offshore wind market. Taihan, which announced the purchase on December 20, bought the vessel for approximately USD 38.4 million (EUR 34.7 million). The CLV, equipped with self-propulsion and a DP2 system, can load up to […]

  • Aker Solutions, Principle Power Win FEED Deal for 1 GW South Korean Floater

    15 February 2024
    Business & Finance, Contracts & Tenders, Floating Wind, Foundations, Supply Chain

    Haewoori Offshore Wind 2 and 3, Copenhagen Infrastructure Partner’s (CIP) floating offshore wind projects in South Korea, have awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations. Haewoori 2 and 3 are planned to have a capacity of 500 MW each. The floating offshore wind projects […]