Search results for: star of the south

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  • USA: Deepwater Wind Wins Bid for Two Offshore Wind Energy Sites

    1 August 2013

    Deepwater Wind announced its selection as the provisional winner of two offshore wind energy sites located in the federal waters off the coasts of Rhode Island and Massachusetts. A competitive lease auction – the first-ever auction held in the United States for commercial offshore wind development – was held today by the U.S. Department of […]

  • Petrofac Building Its Position in Offshore Wind Market

    27 August 2013
    Business & Finance

    Petrofac Limited (Petrofac) today announces its interim results for the six months ended 30 June 2013. Ayman Asfari, Petrofac’s Group Chief Executive commented on the interim results: “Operationally, we have made a good start to the year on our portfolio of projects and we have built good momentum in securing new awards. As previously signalled […]

  • Germany: TenneT Revenue Reaches EUR 1.5 Billion in 2011

    18 April 2012
    Business & Finance

    Electricity transmission operator TenneT has maintained a high security of supply in 2011, while transmission rates remained at a low level. TenneT also contributed to making the energy supply in north-west Europe more sustainable. Major investments have gone into strengthening and expanding the grids in the Dutch and German markets in order to meet increasing […]

  • Ørsted Posts All-Time High Offshore Wind Earnings

    3 May 2023
    Business & Finance

    World’s leading offshore wind developer, Ørsted, has reported DKK 6.9 billion (EUR 926 million) operating profit (EBITDA) for the first quarter of 2023, DKK 2.5 billion less compared to the same period a year earlier. EBITDA excluding new partnerships in Q1 2023 was DKK 0.9 billion lower than Q1 2022, as Q1 2022 was positively […]

  • Deepwater Wind Resumes Work on Proposed Wind Farm off Block Island (USA)

    29 July 2011
    Authorities, Business & Finance, R&D

    When the Rhode Island Supreme Court issued a ruling earlier this month upholding a long-term contract for the sale of power from Deepwater Wind’s proposed wind farm off Block Island, it was a green light for the company to resume work on the project. As the case dragged on for nearly a year, with the […]

  • 15 GW of Floating Wind Capacity to Come Online by 2030 – Westwood Analysis

    22 June 2022
    Business & Finance, Industry, Jobs & Recruitment, Operations & Maintenance, Vessels

    Westwood Global Energy Group (Westwood) has revealed that of the 121 GW worth of floating offshore wind projects that the company is currently tracking using its WIndLogix intelligence software, close to 15 GW of floating wind capacity is expected to come online by 2030. Westwood says that 15 GW of capacity will account for four […]

  • MingYang Launches 16 MW Offshore Wind Turbine

    20 August 2021
    R&D, Technology

    Chinese wind turbine manufacturer MingYang Smart Energy has launched the MySE 16.0-242, said to be the world’s largest Hybrid Drive wind turbine with a nameplate capacity of 16 MW. The MySE 16.0-242, which was recently certified by DNV and China General Certification Center(CGC) for design, is scheduled for full prototype rollout in 2022, to be […]

  • World’s Largest Floating Offshore Wind Farm Fully Operational

    19 October 2021
    Technology, Wind Farm Update

    The 50 MW Kincardine floating offshore wind farm is now fully operational, Kincardine Offshore Windfarm Ltd. (KOWL) said. Located 15 kilometres off the coast of Aberdeenshire, Scotland, in water depths ranging from 60 metres to 80 metres, Kincardine is the largest operating floating wind farm. The project consists of five Vestas V164-9.5 MW and one […]

  • The Netherlands: Typhoon Offshore and HVC Acquire 600MW Offshore Wind Farm from BARD

    30 August 2011
    Business & Finance

    Typhoon Offshore, the green investment company, and HVC, the Alkmaar-based energy provider to municipalities and water districts, have acquired from BARD Holding GmbH the 600MW wind farm that will be constructed in the North Sea, 55 kilometers North East of Schiermonnikoog. With this acquisition, the largest renewable energy project in The Netherlands is now fully […]

  • UK: Carbon Trust Funds Six Companies for Offshore Access Innovation Project

    30 October 2012
    Business & Finance, R&D

    A boat with suspension inspired by Paris Dakar-winning rally cars that can remain stable and a ‘seahorse’ vessel consisting of a towering keel that minimises movements in the ocean swell are two of the six innovative concepts that will receive further funding from the Carbon Trust’s Offshore wind Accelerator (OWA), its flagship collaborative RD&D programme. […]

  • Sumitomo to Take Shares in Two Belgian Offshore Wind Projects

    18 July 2013
    Business & Finance

    Sumitomo Corporation, in conjunction with Sumitomo Corporation Europe (collectively hereafter Sumitomo), have entered into an agreement with Parkwind, a Belgian offshore wind company, to take shares in two offshore wind farm projects off the coast of Belgium. Parkwind’s shareholders are the Colruyt Group, Korys NV, the investment holding of the Colruyt family, and PMV. The […]

  • Danes Seek Permits to Start Hesselø Investigations

    3 September 2020
    Authorities, Grid Connection, Wind Farm Update

    The Danish Energy Agency has sent a draft permit for preliminary offshore and onshore studies related to the Hesselø offshore wind project for consultation with the relevant authorities. The feasibility study permit will give the transmission system operator Energinet, which is to be responsible for the investigations, the right to collect relevant information about the […]

  • Germany: Companies Clear Up Offshore Wind Industry Prejudices

    5 June 2012

    WINDREICH, AREVA, ALSTOM, HOCHTIEF, Nordseewerke and the Offshore Wind Energy Foundation clear up prejudices of an allegedly difficult sector and present their successful model for planning, financing, establishment and start-up of offshore wind farms. Thanks to the effective cooperation of experienced partners the opportunities of the energy transition can be utilised. Logistics and cabling challenges […]

  • America’s First Offshore Wind Port Breaks Ground

    10 September 2021
    Ports & Logistics

    Construction has started on the New Jersey Wind Port, the first facility purpose-built for staging, assembly, and manufacturing activities related to offshore wind projects on the US East Coast. Earthworks will begin on-site in the coming weeks and major construction is due to start in December 2021 with the goal of opening the port in […]

  • ‘Build Back Better Act’ Reaches US Senate Floor. Bill Would Mobilise Federal Funds to Back Offshore Wind Development

    3 August 2022
    Authorities

    The Build Back Better Act, a comprehensive legislative package proposed in the US that also includes funding for governmental bodies to speed up offshore wind permitting and buildout, was introduced in the US Senate on 2 August. The package, which was first proposed to cost USD 3.5 trillion and later got cut to USD 1.7 […]

  • Maryland Companies Come out in Numbers to Meet Offshore Wind Contenders

    10 March 2017
    Business & Finance, Contracts & Tenders, Operations & Maintenance, Technology

    Maryland Offshore Wind Industry Breakfast attracted more than 150 local companies who met with representatives form Deepwater Wind and US Wind to discuss their potential involvement in the two projects currently in contention for the state’s Offshore Renewable Energy Credit (OREC), the Business Network for Offshore Wind, the organiser of the event, said.

  • Offshore Wind Will Need Over 172,000 More GWO-Trained People by 2025 – Report

    1 June 2021
    Business & Finance, Jobs & Recruitment, Operations & Maintenance, Ports & Logistics, Training & Education

    Upwards of 172,000 more people will need to be trained to GWO standards over the next five years to meet the global offshore wind power market demand in line with health and safety standards, a new report has found. These workers will need to be trained to construct, install, operate and maintain the world’s growing […]

  • Six Clean Energy Markets That Will Change Life As We Know It in the Next Five Years (USA)

    27 August 2010
    R&D

    Renewable energy is receiving a big push from the Obama Administration and from governments around the globe. Stimulus packages and government incentives for green technology has created jobs and established new industry, which in turn has sparked a brighter outlook on the world’s economy. Going into 2011 and beyond, SBI Energy has identified six clean […]

  • A Hub in the Netherlands

    22 June 2017
    Contracts & Tenders

    This year Offshore WIND Magazine will be looking at the offshore wind hub ports. These are ports that have either become newly established as offshore wind ports or existing ports already serving the industry that grown beyond most people’s expectations in the past seven years. These hubs can be either a single port or a group of neighbouring ports able to provide the complete base support for range of services from project pre-construction surveys to wind farm operation and maintenance.

  • RES Offshore

    15 August 2013

    Renewable energy developer Renewable Energy Systems Ltd (RES) started over 30 years ago and nowadays the company has around 1,000 employees working world wide from 100 offices, in 10 different countries. The company’s portfolio includes 127 projects, both on and offshore, worth 7.5GW. Most of these projects are done in joint ventures but 700MW is […]

  • Massachusetts Offshore Wind Case Echoes in Rhode Island; Regulator Could Suspend Mayflower Wind Cable Route Application

    17 November 2022
    Authorities, Wind Farm Update

    The case between the Massachusetts Department of Public Utilities (DPU) and the developers of the Commonwealth Wind and Mayflower Wind offshore wind projects has reached beyond the state lines as it raised questions in Rhode Island, where Mayflower Wind filed an application for part of the project’s cable route. Mayflower Wind’s statement on the project’s […]

  • US Greenlights Wind Auction Offshore the Carolinas

    25 March 2022
    Authorities, Contracts & Tenders

    The Bureau of Ocean Energy Management (BOEM) has completed its environmental review and will hold a wind energy auction for two lease areas offshore North Carolina and South Carolina on 11 May. The lease areas include 110,091 acres in the Carolina Long Bay. If developed, they could result in at least 1.3 GW of offshore […]

  • Italy: Prysmian Releases Q3 Results

    8 November 2012
    Business & Finance

    The Board of Directors of Prysmian S.p.A. has approved today the Group’s consolidated results for the first nine months of 2012. “The nine-month results show an overall stability in sales and above all a marked improvement in profitability, mainly thanks to synergies from the integration with Draka,” explains CEO Valerio Battista . “For the third […]

  • Two US Offshore Wind Ports Secure Nearly USD 50 Million in Federal Grants

    24 December 2021
    Authorities, Ports & Logistics

    New York’s Port of Albany and Port of Virginia’s Portsmouth Marine Terminal have secured USD 49.5 million in grants from the federal pot for upgrades to support offshore wind development in the US, which set a target of 30 GW of offshore wind capacity by 2030 at the beginning of this year and has since […]

  • IEA: Offshore Wind a Trillion Dollar Industry by 2040

    25 October 2019
    Business & Finance

    Global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040, according to a new report published by the International Energy Agency. This is driven by falling costs, supportive government policies and some remarkable technological progress, such as larger turbines and floating foundations, IEA said. That’s just the start […]

  • USA: Offshore Wind to Grow Sixfold by 2017

    17 August 2012
    R&D

    Wind power is the world’s leading source of renewable electricity, excluding hydropower, with 238,000 megawatts of capacity installed at the start of 2012. Thus far, almost all of this wind power has been tapped on land; worldwide just 4,600 megawatts of offshore wind farms were operating as of mid-2012. Offshore wind capacity is growing quickly, […]