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  • 29 October 2020
    Business & Finance

    Vestas Wind Systems and Mitsubishi Heavy Industries have signed an agreement through which Vestas will acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture. Vestas is to acquire MHI’s 50 per cent share of the MHI Vestas joint venture against 5,049,337 shares in Vestas that will be issued at closing of the transaction, […]

  • 15 January 2021
    Contracts & Tenders

    Crown Estate Scotland has opened the application window for the ScotWind seabed leasing round for offshore wind projects. From today, 15 January, registered developers are able to apply for seabed rights to build Scotland’s next generation of offshore wind farms. The closing date for submitting applications is 31 March. Opening the application window follows Marine […]

  • 2 December 2020
    Environment, R&D, Technology

    Ørsted has joined the SteelZero initiative to drive the market demand for net-zero emissions steel. SteelZero is a new global initiative from the non-profit Climate Group, run in partnership with ResponsibleSteel. Organisations that join SteelZero commit to a transition to procuring, specifying, or stocking 100 per cent net-zero steel by 2050. The commitment framework also […]

  • 18 March 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Air Liquide has signed a long-term Power Purchase Agreement (PPA) with Vattenfall for the Hollandse Kust Zuid offshore wind farm, the first such contract for the 1.5 GW project and also the first PPA Air Liquide signed in the Netherlands. Under a 15-year agreement, Air Liquide will purchase 100 GWh of renewable electricity per year generated […]

  • 30 April 2021
    Business & Finance

    With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach USD 810 billion (approx. EUR 670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energy technologies, according to a report […]

  • 9 December 2020
    Business & Finance

    Investments in offshore wind projects in new and emerging markets next year will result in offshore wind gaining a greater share of the total wind power market globally, according to the latest report from Fitch Solutions. There are currently over 66 GW of offshore wind in pre-construction or construction out of almost 162 GW of […]

  • 27 November 2020
    Wind Farm Update

    The final of the 77 MHI Vestas V164-9.5 MW turbines has been installed at the Borssele III & IV offshore wind farm in the Dutch North Sea. The last turbine was secured on-site on Thursday, 26 November. The final set of turbines will now be commissioned and tested in preparation for full power generation, the Blauwwind […]

  • 8 April 2021
    Vessels

    South Korean ship designer and shipbuilder Samsung Heavy Industries (SHI) has received Approvals in Principle (AiPs) from three classification societies for its wind turbine installation vessel (WTIV) design. SHI’s low carbon emission ECO-WTIV (LNG Fuel + SOFC) model named SLW-FUEL CELL received AiPs from American Bureau of Shipping (ABS), DNV, and Lloyd’s Register at the […]

  • 30 April 2021
    Business & Finance

    Northland Power has awarded BLIX Consultancy with a framework agreement to assist with the development of its worldwide offshore wind portfolio. BLIX will provide tender support, feasibility studies, EIA expertise, LCOE optimization, owner’s engineering services, and contracting and procurement support. Under the agreement, the Netherlands-based company will also provide site data analysis, site investigation scoping […]

  • 10 November 2020
    Business & Finance

    EDP Renewables and ENGIE have launched the US arm of Ocean Winds (OW), a 50:50 pure-play joint venture targeting floating and offshore wind. After launching OW in Europe back in July, EDP Renewables and ENGIE are now unveiling the OW North America. “OW will be a major element in creating the new clean, sustainable, and […]

  • 22 January 2021
    Wind Farm Update

    Tekmar Energy has completed the production and shipment of inter-array cable protection systems for the Jiangsu Qidong offshore wind farm in China. The contract was awarded in late 2020 and required a quick turnaround to meet the customer’s offshore construction schedule which commenced in the first quarter of 2021. The cable protection systems were produced […]

  • 15 April 2021
    Business & Finance

    While offshore wind has performed strongly during the pandemic, continuing with next to no business interruption, the sector still faces some significant supply chain risks. This is according to an insurance company specialising in renewable energy, one of few businesses with the capability to comprehensively assess the offshore wind industry through this lens. Over the […]

  • 2 February 2021

    By Dario Mulazzani, DAVI Product & Market Specialist Wind Energy & Heavy-Duty Division. Located in such a dynamic and extremely powerful element as the sea, foundations represent one of the main elements of any offshore wind farm, accounting for over one-fourth of the total equipment cost. As they must support the wind turbines, absorbing all […]

  • 21 April 2021
    Wind Farm Update

    Construction works on the Saint-Brieuc offshore wind farm in France will begin on 3 May, Iberdrola announced on 21 April. The works, starting with pile installation for the project’s jacket foundations, are planned to take place from May to October in five zones located in the northern part of the wind farm to avoid interfering […]

  • 21 January 2021
    Authorities, Business & Finance

    Germany saw 32 offshore wind turbines with a total capacity of 219 MW connected to the grid in 2020, with no new wind turbines erected in the second half of the year, according to the figures published by Deutsche WindGuard on 21 January. In total, 1,501 offshore wind turbines with a capacity of 7,770 MW […]

  • 24 March 2021
    Business & Finance, Wind Farm Update

    RWE has taken the financial investment decision on the 1.4 GW Sofia offshore wind farm project in the UK. The 100 per cent RWE-owned project represents a total investment of approximately GBP 3 billion (EUR 3.48 billion). The company is now poised to forge ahead with the construction of Sofia, with onshore enabling works due […]

  • 18 March 2021
    Business & Finance

    As announced recently, BW Ideol started trading on Euronext Growth Oslo today (18 March). Upon admission to trading on the stock market, BW Ideol has several shareholders, with BW Offshore controlling about 50 per cent of the shares and thus maintaining a significant influence over matters requiring the approval of the board of directors or […]

  • 29 October 2020
    Business & Finance

    The total pipeline of global offshore wind projects has grown by 47 per cent since January, despite the COVID-19 pandemic, new research published by RenewableUK shows. RenewableUK’s latest Offshore Wind Project Intelligence report reveals that the total capacity of offshore wind projects worldwide which are operational, under construction, consented, in planning, or in development currently […]

  • 29 March 2021
    Vessels

    Jack-up vessels are in high demand in China’s surging offshore wind market and OHT’s fleet of semi-submersible heavy transportation vessels is working on delivering them to this construction hot spot. This includes the transportation of DEME Offshore’s Apollo from Rotterdam and the transportation of two additional liftboats and a jack-up barge from Abu Dhabi in […]

  • 14 April 2021
    Business & Finance, Technology

    U.S. oil major Chevron, together with Norwegian company Moreld Ocean Wind, is set to invest in offshore wind technology at Ocergy, a U.S. company developing a low-cost floating wind foundation and a multi-disciplinary environmental monitoring buoy. Ocergy secured the investments through its Series A equity fundraising round to accelerate the development and commercialisation of its […]

  • 2 November 2020

    Written by: Virginio Paratico, Area Sales Manager Faccin Group The hunger for alternative energy is constantly growing and will eventually overtake traditional methods of generating energy. From all the different ways of producing renewable energy, wind power is taking the lead because it demonstrates without a doubt to be the most promising one in terms […]

  • 11 December 2020
    Authorities, Business & Finance

    The U.S. State of Maine and the United Kingdom have signed a Memorandum of Understanding (MOU) to enhance cooperation in clean energy technologies, including offshore wind, and mutually achieve carbon neutrality by mid-century or sooner. Under the five-year MOU, Maine and the UK have agreed to share resources and advance offshore wind and green hydrogen […]

  • 2 March 2021
    Vessels

    OHT’s new build vessel Alfa Lift has been floated out of the dry dock on 28 February at China Merchants Heavy Industry (CMHI) shipyard in Jiangsu, China, where the vessel’s main crane components are set to arrive from Germany next month. Work will now continue on the steel and internal fit-out on the moored vessel, […]

  • 3 December 2020
    Authorities, Wind Farm Update

    The Saint-Brieuc offshore wind project is now free from any appeals before the French courts, according to an update from Ailes Marines on 3 December. The appeal had been filed by the Association for the Protection of the Sites of Erquy and Surrounding Sites (ASPE), Erquy Environnement and others, requesting the Council of State to […]

  • 30 March 2021
    Business & Finance, Wind Farm Update

    Shell has agreed to take over Vattenfall’s share in NoordzeeWind, the owner and operator of the 108 MW Egmond aan Zee offshore wind farm in the Netherlands. The deal follows a successful collaboration of more than twenty years between the two companies to build and operate the first commercial offshore wind farm in the Netherlands. […]

  • 29 April 2021
    Vessels

    Cadeler A/S intends to expand its fleet with two newbuild X-class vessels for installation services, operation, and maintenance work on offshore wind farms. To finance the fleet expansion, Cadeler has completed an oversubscribed private placement, issuing 23,000,000 new shares in the company at a price of NOK 34.50 per share. The total proceeds of the […]