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  • 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 […]

  • Octopus Energy Acquires Stake in Dutch Offshore Wind Farm

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

    UK-headquartered Octopus Energy has made an investment in the 731.5 MW Borssele III and IV offshore wind farm in the Dutch North Sea. Octopus Energy Generation acquired a 10 per cent stake in the fully operational 731.5 MW offshore wind farm, located 55 kilometres from the Port of Vlissingen in the Netherlands. The deal comes […]

  • Ørsted Sells Half of Gode Wind 3 Offshore Wind Farm to Glennmont

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

    Ørsted has signed an agreement to divest 50 per cent of the Gode Wind 3 offshore wind farm in the German North Sea to funds managed by Glennmont Partners from Nuveen. Gode Wind 3 has a capacity of 253 MW and was awarded to Ørsted in 2017 and 2018 as two separate projects with a […]

  • Eneti Secures More Work for Seajacks Scylla

    18 October 2023
    Contracts & Tenders, Supply Chain, Vessels

    Monaco-based Eneti has revealed that Seajacks UK, a wholly-owned subsidiary of the company and a provider of installation and maintenance vessels to the offshore wind sector, has signed a contract with an undisclosed client to assist with the installation of wind turbines. With mobilisation commencing next year, the contract will be performed by Eneti’s NG14000X-class […]

  • Semco Maritime and PTSC M&C Start Working on Feng Miao Offshore Substation

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

    The consortium consisting of Semco Maritime and PTSC Mechanical & Construction (PTSC M&C) has been awarded an engineering, procurement, and construction (EPC) contract for a 500 MW offshore substation in the Feng Miao (Fengmiao) offshore wind farm project in Taiwan. Owned and developed by Copenhagen Infrastructure Partners (CIP), the Feng Miao wind farm is located […]

  • PASSER Eyeing Floating Wind

    27 February 2024
    Business & Finance, Business development, Cables, Equipment, Fixed-Bottom, Floating Wind, Foundations, Green Hydrogen, Grid Connection, Industry, Manufacturing, Supply Chain, Vessels

    The work on the vertical lay-up machine (VLM) for JDR’s new cable factory in the UK is now well underway in Klaipeda, Lithuania, where Norway-headquartered PASSER Group recently opened a new fabrication facility. The Group has revealed that, besides expanding its production capacity, it is also looking into areas for future business expansion, with floating […]

  • 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 […]

  • Volvo Cars Makes Offshore Wind Power Play

    17 October 2023
    Business & Finance, Collaboration, Fixed-Bottom, Outlook & Strategy, Project Updates, Transition, Wind Farm Update

    Volvo Cars and Eolus Vind have signed a letter of intent to collaborate on the Västvind offshore wind power project off the coast of Gothenburg, Sweden. The partnership is based on an ambition that the wind farm will supply electricity to Volvo Cars’ operations at Hisingen. The partnership involves the Västvind wind power project supplying […]

  • Dominion Energy Says 2.6 GW Virginia Offshore Wind Farm On Budget and Schedule, Plans to Bring In Project Partner

    7 September 2023

    While a number of US offshore wind projects are now seeking to alleviate financial pressures, Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) commercial project remains on budget and on schedule, according to the company, which also plans to bring in a minority shareholder to “de-risk” the project. On 5 September, Dominion announced that […]

  • First-Ever Gulf of Mexico Offshore Wind Lease Sale Underway

    29 August 2023
    Authorities, Fixed-Bottom

    The US Bureau of Ocean Energy Management (BOEM) has kicked off the offshore wind energy lease sale for the Gulf of Mexico. As of 9:00 EST (15:00 CET), BOEM will be receiving bids for three areas on the Outer Continental Shelf off Louisiana and Texas. Also in this article: Full list of prequalified bidders for […]

  • Ocean Winds Sells Minority Stake in Moray East to Equitix

    2 October 2023
    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 […]

  • Van Oord to Build Hollandse Kust West VI – ‘The Most Ecological Wind Farm Yet’

    8 September 2023
    Contracts & Tenders, Fixed-Bottom, Infrastructure, Project Updates, Supply Chain, Vessels

    Van Oord and Ecowende, a joint venture of Shell and Eneco, have agreed to collaborate on the construction of the Hollandse Kust West VI offshore wind farm, with the contract(s) for the work to be signed later this year. This will be the most ecological wind farm yet, said Van Oord, whose contract(s) will include […]

  • RWE Secures Wind Area Lease Offshore Louisiana, Texas Sites Attract Zero Bids

    29 August 2023
    Authorities, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Wind Farm Update

    RWE Offshore US Gulf, LLC has won the rights to develop offshore wind capacity at the Lake Charles Lease Area in the Gulf of Mexico off Louisiana, USA. The area has the potential to generate approximately 1.24 gigawatts of offshore wind energy capacity and power nearly 435,400 homes with renewable energy, the US Bureau of […]

  • Northland Power, Mitsui Greenlight Taiwanese Offshore Wind Project

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

    Canada’s Northland Power and Mitsui & Co., part of Japan’s Mitsui Group, have made a Final Investment Decision (FID) for the 1,044 MW Hai Long offshore wind project in Taiwan. The FID is subject to various conditions precedent and project finance contracts expected to come into force within this year, said the partners. The 1,044 […]

  • Support for Offshore Wind in New Jersey Drops, Industry Points to Effect of Misinformation

    30 August 2023
    Fixed-Bottom, Floating Wind, Grid Connection, Industry, Market Outlooks, Outlook & Strategy

    The number of New Jersey residents who support offshore wind fell by more than 20 per cent since 2019, from 76 per cent four years ago to just over half (54 per cent) now, and the number of those opposing offshore wind has climbed from 15 per cent to 40 per cent since 2019. This […]

  • Ørsted to Use Rutter’s Wave Prediction Tech on CTVs

    25 September 2023
    R&D, Technology, Vessels

    Ørsted has forged a partnership with Canada-headquartered Rutter to deploy the company’s wave prediction technology on selected crew transfer vessels (CTVs) worldwide within its contracted fleet. Under the partnership, Ørsted will deploy the wave prediction technology, sigma S6 WaveSignal, to selected CTVs worldwide within its fleet. The system’s primary function is wave prediction, which indicates […]

  • Vestas and EnBW Make He Dreiht Offshore Wind Turbine Order Official

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

    Vestas has secured a firm order to deliver 64 V236-15.0 MW wind turbines for the 960 MW He Dreiht offshore wind farm in the German North Sea. Vestas will also deliver a five-year Active Output Management 5000 (AOM 5000) service agreement followed by a long-term Operational Support Agreement. ”We are delighted to announce this firm […]

  • US Issues Roadmap to Accelerate Atlantic Offshore Wind Transmission

    20 September 2023
    Collaboration, Grid Connection, Infrastructure, Outlook & Strategy, Training & Education

    On 19 September, the Biden-Harris administration released a roadmap that outlines immediate actions needed to connect the first generation of Atlantic offshore wind projects to the electric grids and longer-term efforts to support needed transmission over the next several decades. The roadmap, called Action Plan for Offshore Wind Transmission Development in the U.S. Atlantic Region, […]

  • Shell-EDF Joint Venture Submits Bid in New Jersey’s Third Offshore Wind Solicitation

    7 August 2023
    Authorities, Business & Finance, Wind Farm Update

    Atlantic Shores Offshore Wind, a 50:50 joint venture between Shell New Energies US and EDF-RE Offshore Development, has submitted a proposal to the New Jersey Board of Public Utilities (NJBPU) in the state’s third offshore wind solicitation. New Jersey opened the solicitation in March and is looking to award between 1.2 GW and 4 GW […]

  • Eversource Sells Seabed Acreage Offshore US to JV Partner Ørsted for USD 625 Million

    8 September 2023
    Business & Finance

    Eversource Energy has completed its sale of an uncommitted lease area off the south coast of Massachusetts to its joint venture (JV) partner Ørsted for USD 625 million. The all-cash transaction, which was announced in May, closed today following approval from the Committee on Foreign Investment in the United States. The deal with Eversource provides […]

  • RWE, National Grid JV Vies for New Jersey Offshore Wind Project

    8 August 2023
    Authorities, Business development, Research & Development, Wind Farm Update

    Community Offshore Wind, a joint venture (JV) between RWE and National Grid, has submitted its plan to the New Jersey Board of Public Utilities (NJBPU) in the state’s third offshore wind solicitation to develop a 1.3 GW wind farm off the Garden State. New Jersey opened the solicitation in March and is looking to award […]

  • Invenergy, energyRe Propose 2.4 GW Wind Project Offshore New Jersey

    7 August 2023
    Authorities, Wind Farm Update

    US-based Invenergy and its compatriot energyRe have submitted their bid to the New Jersey Board of Public Utilities (BPU) to develop the 2,400 MW Leading Light Wind offshore wind project in the US. The Leading Light Wind offshore wind project is planned to be located more than 40 miles (about 64 kilometres) off Long Beach […]

  • Avangrid Terminates Long-Fought PPAs in Massachusetts at Cost of Almost USD 50 Million

    19 July 2023
    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 […]

  • BP and Equinor Could Cancel US Offshore Wind Projects

    1 August 2023
    Business & Finance, Business development, Wind Farm Update

    BP and Equinor are in the process of renegotiating the power purchase agreements (PPAs) for their joint offshore wind projects in the USA, according to Reuters. The partners do not plan on developing the projects off the US East Coast unless they meet the ”return thresholds of 6% to 8%”, Reuters quoted bp’s CEO Bernard […]

  • Polenergia Drops Lithuanian Offshore Wind Project After Economic Viability Analysis

    1 August 2023
    Business & Finance, Wind Farm Update

    Polenergia, the Polish utility company and renewable energy developer, has decided to stop developing an offshore wind project in Lithuania the company was preparing for the country’s next offshore wind auction, which the Lithuanian government plans to hold later this year. The company says it made the decision after analysing the economic viability of the project […]

  • Octopus Energy to Pour Billions in Offshore Wind Globally by 2030

    24 July 2023
    Business & Finance

    UK green energy supplier Octopus Energy Group has announced that it will invest, through its generation arm, USD 20 billion (about GBP 15 billion) into offshore wind by 2030. The company said that this will go towards the generation of 12 GW of renewable electricity a year, enough to power 10 million homes. Octopus is targeting projects […]