Search results for: Baltic Power

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  • Siemens Gamesa Taps Acteon for Wind Farm Maintenance Offshore Germany

    23 January 2024
    Business development, Fixed-Bottom, Project Updates, Research & Development, Wind Farm Update

    UTEC, a geo-services brand in Acteon’s Data and Robotics division, has been awarded a contract by Siemens Gamesa Renewable Energy (SGRE) to provide subsea balance of plant operations and maintenance (O&M) services to the German Butendiek offshore wind farm. Under the three-year contract, Acteon will perform annual subsea foundation remotely operated underwater vehicle (ROV) inspections, […]

  • 2.6 GW Coastal Virginia Offshore Wind Project Gets Final Federal Go-Ahead to Begin Construction

    30 January 2024
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Dominion Energy has received the last two major federal approvals needed to begin construction of its 2.6 GW Coastal Virginia Offshore Wind (CVOW) project, located 27 miles off the coast of Virginia Beach in the US. The Bureau of Ocean Energy Management (BOEM) provided its final approval of CVOW’s Construction and Operations Plan (COP), which […]

  • Northland, Orlen Secure CAD 5.2 Billion for 1.1 GW Polish Offshore Wind Farm

    19 September 2023
    Business & Finance, Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    Northland Power and its partner Orlen have signed a credit agreement for the 1.1 GW Baltic Power offshore wind project in Poland. The agreement secures an equivalent of CAD 5.2 billion (approximately EUR 3.6 billion) of non-recourse green financing that adheres to Northland’s green financing framework covering construction and a 20-year term. The financing represents […]

  • Eversource to Offload Stake in Two US Offshore Wind Projects for USD 1.1 Billion

    14 February 2024
    Business & Finance, Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    Eversource Energy has executed a definitive agreement to sell its 50 per cent stake in two US offshore wind projects, South Fork Wind and Revolution Wind, to Global Infrastructure Partners (GIP), nearing closer to its goal of exiting the offshore wind industry. The transaction allows Eversource to realise approximately USD 1.1 billion of cash proceeds […]

  • James Fisher, Tokyo Gas Team Up to Provide Offshore Wind O&M Services in Japan

    27 February 2024
    Business & Finance, Operations & Maintenance

    James Fisher and Sons and Tokyo Gas Engineering Solutions (TGES), owned by Tokyo Gas Group, have signed a collaboration agreement to jointly provide construction and operations and maintenance (O&M) services in Japan’s offshore wind market. Under the agreement, James Fisher and TGES will support the industry in delivering efficient and effective operations at a crucial […]

  • Nine European Countries Launch Joint Offshore Wind Tender Planning, Set to Auction Off 15 GW  Each Year

    20 November 2023
    Authorities, Collaboration, Fixed-Bottom, Floating Wind, Grid Connection, Infrastructure, Market Outlooks, Outlook & Strategy, Planning & Permitting, Ports & Logistics

    Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, and Sweden, together with the European Commission (EC), have launched joint planning of offshore wind tenders at a ministerial meeting of the North Seas Energy Cooperation (NSEC), held on 20 November, in the Hague, the Netherlands. The collective NSEC tender planning translates the nine NSEC member countries’ […]

  • Ulstein Unveils New Subsea Vessel

    18 March 2024
    Business development, Cables, Floating Wind, Foundations, Vessels

    Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel for floating and fixed installations in the offshore wind market, as well as for offshore oil & gas. Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstein Twin X-Stern, a smart power and propulsion […]

  • Ulstein Designs Methanol-Powered Heavy Transport Vessel for Offshore Wind Sector

    1 December 2023
    Business development, Research & Development, Vessels

    Norway’s Ulstein has added a new heavy transport vessel to its design portfolio to meet the increasing logistic requirements of the ever-growing offshore wind market. According to the Norwegian shipbuilder and designer, the current fleet of heavy transport vessels does not meet the future demand of the offshore wind segment. Over 380 GW of offshore […]

  • Significant Offshore Wind Growth Brings Fugro Strong Start of the Year

    26 April 2024
    Business & Finance, Business development, Outlook & Strategy, Vessels

    In what is described as a “strong start of the year”, Dutch geo-data specialist company, Fugro, reported a 9 per cent revenue growth for the first quarter of 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was EUR […]

  • Construction to Soon Begin on Biggest US Offshore Wind Farm

    15 April 2024
    Fixed-Bottom, Project Updates, Vessels, Wind Farm Update

    Read the latest news on CVOW here: 2.6 GW US Project Receives Final Federal Permit, Monopile Installation to Start in May The DP3 installation vessel Orion, owned and operated by the Belgian offshore construction specialist DEME, has sailed out of Invergordon in Scotland and is now en route to the United States, where it will […]

  • UK Companies Forge O&M Services Alliance

    31 October 2023
    Collaboration, Operations & Maintenance, Outlook & Strategy

    RES, GEV Wind Power, Outreach Offshore, and Rix Renewables have launched the Offshore Wind O&M Partnership (OWOP) to supply a complete package of long-term operations and maintenance (O&M) services to offshore wind asset owners. The Partnership aims to reduce the complexity and resource intensity associated with the traditional way of subcontracting for multiple O&M services, […]

  • US Proposes Auctions for Over 18 GW of Offshore Wind Capacity

    30 April 2024
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    The US Department of the Interior has announced two proposals for offshore wind energy auctions off the coast of Oregon and in the Gulf of Maine. The two sales proposed by the Bureau of Ocean Energy Management (BOEM) have the potential to generate more than 18 GW of offshore wind energy, enough to power more […]

  • Eolus Files for Permit for 1.4 GW Offshore Wind Farm in Sweden

    24 October 2023
    Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Swedish company Eolus Vind has submitted a permit application for a 1,400 MW offshore wind project in Sweden. Named Arkona, the offshore wind farm is planned to have between 50 and 70 turbines that would together be able to produce around 5.5 TWh of renewable electricity per year. The Swedish Arkona project (as there is […]

  • Lithuania Proposes Exact Date for Second Offshore Wind Tender

    17 October 2023
    Authorities, Planning & Permitting

    Lithuania’s Ministry of Energy has revealed that it plans to open the country’s second offshore wind tender on 15 January 2024, with the date still waiting to be approved by the Government. The country is planning two 1.4 GW offshore wind farms in the Lithuanian Baltic Sea near Palanaga. The Lithuanian Ministry of Energy brought […]

  • US Approves Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind Project

    31 October 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Department of the Interior (DOI) has approved the construction and operations plan (COP) for Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project. Dominion Energy submitted COP to the US Bureau of Ocean Energy Management (BOEM) for the offshore wind farm in December 2020. The Record of Decision (ROD) documents the decision […]

  • UK Industry Bodies Release Offshore Wind Industrial Growth Plan

    19 April 2024
    Business & Finance, Business development, Fixed-Bottom, Floating Wind, Industry, Infrastructure, Jobs & Recruitment, Outlook & Strategy, Ports & Logistics, R&D, Supply Chain, Transition

    RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published an Industrial Growth Plan, setting out how to triple offshore wind manufacturing capacity over the next ten years in the UK. The UK offshore wind industry already employs 32,000 people and each new large offshore wind farm adds GBP 2-3 […]

  • 1 GW Hai Long Offshore Wind Project Nears Financial Close

    22 September 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Hai Long Offshore Wind Project, a joint venture between Northland Power and Mitsui & Co., has signed a credit agreement to secure TWD 118 billion (approximately EUR 3.4 billion) long-term over 20-year non-recourse financing for the 1 GW offshore wind farm in Taiwan. The non-recourse project financing will be provided by over 15 international and […]

  • Iberdrola Bags Long-Term PPA with TMD for 300 MW German Offshore Wind Farm

    4 October 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Iberdrola and TMD Friction Services have signed a long-term power purchase agreement (PPA) to offtake energy from the Windanker offshore wind farm in the German part of the Baltic Sea. The 15-year agreement covers a supply of approximately 50 GWh of generated green electricity per year and will cover more than 50 per cent of […]

  • NSEC Countries ‘Unlikely’ to Meet 2030 Offshore Wind Target Without Immediate Action on Port Development, Study Says

    20 November 2023
    Business & Finance, Business development, Fixed-Bottom, Floating Wind, Ports & Logistics

    A new report from the North Seas Energy Cooperation (NSEC) calls for “immediate action” on developing new port infrastructure and upgrading existing port facilities as the study behind the report found the joint offshore wind target of the nine NSEC countries for 2030 is unlikely to be met otherwise. In this article: The North Seas […]

  • Hardware for 2.6 GW Coastal Virginia Offshore Wind Project Arrives in US

    20 October 2023
    Foundations, Supply Chain

    The first monopile foundations have arrived at the Port of Virginia for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project in the US. In September, the first eight monopile foundations, which are single vertical, steel cylinder, set sail from EEW SPC’s factory in Rostock, Germany, to the Portsmouth Marine Terminal in the US. The German […]

  • Lithuania’s Baltic Sea Offers Favorable Conditions for Development of Offshore Wind Farms

    9 October 2023
    Authorities, Business development, Planning & Permitting, Research & Development

    The Baltic Sea has favorable conditions for the development of offshore wind farms, according to the wind speed and other hydrometeorological parameters conducted by the Spain-based EOLOS Floating LiDAR Solutions. In July last year, two buoys with specialised equipment were deployed at two predefined locations in the Baltic Sea, as part of a contract signed […]

  • Geoquip Marine on Geotechnical Survey Duty at Third Bałtyk Offshore Wind Site

    2 October 2023
    Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    Following similar work at the MFW Bałtyk II and MFW Bałtyk III offshore wind sites, Geoquip Marine will perform a geotechnical survey for the third MFW Bałtyk project that Equinor and Polenergia are developing in Poland. The company will conduct a comprehensive reconnaissance at the MFW Bałtyk I offshore wind farm site using the Dina […]

  • Norway, Poland Strengthen Offshore Wind Collaboration

    12 October 2023
    Collaboration, Outlook & Strategy

    Norwegian Offshore Wind has strengthened its collaborative efforts in the Polish market by signing two agreements (MoU) in Gdansk. The first memorandum of understanding (MoU) was signed between the Norwegian Offshore Wind and the Polish Offshore Wind Energy Society (PTMEW). According to Norwegian Offshore Wind, this MoU will play an important role in building closer […]

  • ‘Collaborate with Non-Obvious Partners’ – Offshore Energy Industry Talks Innovation and Speeding Things Up 

    30 November 2023
    Business & Finance, Business development, Collaboration, Environment, Fixed-Bottom, Floating Wind, Grid Connection, Industry, Operations & Maintenance, Outlook & Strategy, Planning & Permitting, Ports & Logistics, Power-to-X, Project Updates, Supply Chain, Transition

    The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other.  

  • EC Clears EUR 193 Million Support Scheme for Lithuanian Offshore Wind Farm

    6 October 2023
    Business & Finance

    The European Commission (EC) has approved a EUR 193 million offshore wind support scheme in Lithuania to foster the country’s transition towards net zero. The project, to be supported under the scheme, will be selected through a competitive bidding process for a specified area in the Baltic Sea with a capacity of 700 MW. Under […]

  • Revolution Wind Offshore Wind Project Receives Air Permit

    4 October 2023
    Authorities, Planning & Permitting, Project Updates, Wind Farm Update

    The US Environmental Protection Agency (EPA) approved the final Clean Air Outer Continental Shelf air quality permit for the construction and operation of the Revolution Wind offshore wind farm in Rhode Island. The permit regulates pollutants from Outer Continental Shelf (OCS) sources such as jack-up barges and emissions associated with air-emitting devices used during the […]