Search results for: beacon wind

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  • Norwegian Ports Investment in Offshore Wind to Bring Millions of Euros by 2030 – Report

    17 October 2023
    Jobs & Recruitment, Market Outlooks, Outlook & Strategy

    Norwegian ports investing in offshore wind can generate NOK 8.4 billion (about EUR 727 million) in annual value and employ approximately 6,400 people by 2030, according to a new report from Menon Economics. The study has identified 14 installation and assembly ports with plans to facilitate projects for offshore wind farms by 2030, indicating significant […]

  • Netherlands Overshoots 2023 Offshore Wind Target

    23 October 2023
    Authorities, Fixed-Bottom, Outlook & Strategy, Planning & Permitting

    The Netherlands will reach, and exceed, the target set in its Offshore Wind Energy Roadmap 2023 by the end of this year. The country’s first offshore wind roadmap, created following the Dutch Energy Agreement signed ten years ago, sets a goal of 4.5 GW of installed capacity by the end of 2023 – and the […]

  • CIP, SK E&S Achieve Financial Close on South Korean Offshore Wind Project

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

    The 99 MW Jeonnam I offshore wind farm in South Korea, being developed jointly by SK E&S and Danish Copenhagen Infrastructure Partners (CIP), has reached financial close. The construction completion of the wind farm is expected by the end of 2024. Jeonnam Offshore Wind Power was founded in 2020 as a 51-49 joint venture between […]

  • Lithuania Officially Confirms Winner of First Offshore Wind Tender

    12 October 2023
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Supply Chain, Wind Farm Update

    The Lithuanian National Energy Regulatory Council (NERC) has confirmed the joint venture between Ocean Winds and Ignitis Renewables as the winner of Lithuania’s first offshore wind tender after the partnership was selected in the auction in July and declared the provisional winner. Ignitis Group, the parent company of Ignitis Renewables, says that the two companies […]

  • Japanese Shipping Company Buys Into Odfjell Oceanwind

    5 October 2023
    Business & Finance, Industry

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has become a shareholder in the Norwegian floating offshore wind technology developer, Odfjell Oceanwind. According to Odfjell Oceanwind, the transaction generates significant capital which will be used to further strengthen the company’s position in floating offshore wind technologies. Odfjell Technology, combined with the Odfjell family’s direct investment, will […]

  • Marubeni and Partners to Invest Billions of Euros in UK Offshore Wind, Green Hydrogen Projects

    12 October 2023
    Business development, Collaboration, Outlook & Strategy, Research & Development

    Japan’s Marubeni has signed a memorandum of understanding (MoU) with the Department for Business and Trade of the UK Government on comprehensive cooperation in clean energy projects, including offshore wind and green hydrogen businesses in the UK. According to Marubeni, the MoU affirms the partnership between the UK Government and the company, indicating the UK […]

  • 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 […]

  • Parkwind Teams Up with New Zealand Power Company to Explore Joint Offshore Wind Development

    12 October 2023
    Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    New Zealand power generation company Meridian Energy and Belgian offshore wind developer Parkwind have signed a memorandum of understanding (MOU) under which they will explore joint development of offshore wind projects in New Zealand, primarily off the Taranaki coast. In April 2022, the Belgium-based developer revealed that it had appointed a country manager for Aotearoa […]

  • Euskalforging Flanges for 1.4 GW East Anglia Three Offshore Wind Farm

    5 October 2023
    Contracts & Tenders, Manufacturing, Supply Chain

    Spain-based manufacturer of rolled rings euskalforging has been awarded a contract to supply flanges for the 1.4 GW East Anglia Three offshore wind farm in the UK. Within the scope of the project, the company will ring roll a total of 235 flanges as transition piece (TP) top flanges, TP bottom flanges, and monopile flanges […]

  • 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 […]

  • BOEM Moves Coastal Virginia Offshore Wind Project Closer to Approval

    26 September 2023
    Environment, Fixed-Bottom, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project and plans to issue a Record of Decision on whether to approve the proposed project this fall. The federal agency has now issued the final Environmental Impact Statement (EIS), which analyses the […]

  • World’s First Artificial Energy Island Receives Key Permit

    3 October 2023
    Authorities, Cables, Energy Islands, Grid Connection, Offshore Platforms, Outlook & Strategy, Planning & Permitting, Project Updates, Transition

    Belgian transmission system operator (TSO) Elia has secured the environmental permit for the construction of Princess Elisabeth Island, the world’s first artificial energy island. A consortium comprising Belgian marine construction companies DEME and Jan De Nul has already started preparing the site where it will build the caissons, or concrete foundations, in Vlissingen, the Netherlands. […]

  • Ørsted Awards Secondary Steel Contract for New Jersey’s First Offshore Wind Farm

    21 September 2023
    Contracts & Tenders, Equipment, Foundations, Jobs & Recruitment, Manufacturing, Supply Chain, Wind Turbines

    Riggs Distler, a subsidiary of infrastructure company Centuri Group, has been selected as a tier 1 secondary steel contractor for 1.1 GW Ocean Wind 1, New Jersey’s first offshore wind project. Riggs Distler will provide onshore heavy civil, mechanical, and electrical services focused on the construction, assembly, inspection, and onshore installation of advanced foundation components. […]

  • Fourth Phase Could Bring 2 GW More to World’s Already Largest Offshore Wind Farm Under Construction

    26 September 2023
    Fixed-Bottom, Green Hydrogen, Planning & Permitting, Power-to-X, Project Updates, Wind Farm Update

    Dogger Bank D, the potential fourth phase of the Dogger Bank Wind Farm, whose first three phases totalling 3.6 GW are currently being built, is planned to have a generation capacity of around 2 GW. If built, the fourth phase would bring the total installed capacity of the UK project – already the world’s largest […]

  • US Offshore Wind Project Pipeline Nears 53 GW

    26 September 2023
    Authorities, Fixed-Bottom, Floating Wind, Industry, Market Outlooks, Outlook & Strategy, Planning & Permitting

    The US has almost 53 GW of offshore wind projects in operation, development and planning stages. This could power more than 18 million US households if all the projects currently in development and planning are built. The US offshore wind pipeline reached 52,687 MW at the end of May 2023, with two offshore wind farms […]

  • ProCon to Work on Denmark’s Largest Offshore Wind Farm

    20 September 2023
    Contracts & Tenders, Supply Chain

    ProCon Wind Energy has been selected to conduct electrical outfitting works on the 1 GW Thor offshore wind project in the Danish North Sea. ProCon Wind Energy will be delivering the detailed electrical engineering as well as facilitating the procurement and supply of electrical components for monopiles, suspended internal platforms (SIPs), and external platforms. The […]

  • ORE Catapult Launches First Floater Supply Chain Development Scheme in Wales

    21 September 2023
    Floating Wind, Jobs & Recruitment, Supply Chain, Training & Education

    The Offshore Renewable Energy (ORE) Catapult has launched the first Fit 4 Offshore Renewables (F4OR) programme in Wales, specifically designed to support local companies bidding for work in the floating offshore wind industry. F4OR Wales programme will be delivered in phases starting in 2024, with an initial cohort of three companies. ORE Catapult is partnering […]

  • RWE Receives Development Consent for Awel y Môr Wind Farm Offshore Wales

    21 September 2023
    Authorities, Planning & Permitting, Project Updates, Wind Farm Update

    The UK Secretary of State for Energy Security and Net Zero has granted development consent to RWE’s Awel y Môr offshore wind project off the North Wales Coast. The application was submitted to the Planning Inspectorate for consideration by Awel y Môr Offshore Wind Farm Limited on 20 April 2022 and accepted for examination on […]

  • Great Lakes Inks First Rock Supply Deal For US Offshore Wind Farm

    27 July 2023
    Contracts & Tenders, Wind Farm Update

    Great Lakes Dredge & Dock Corporation (Great Lakes) has signed the first-ever subcontract for the procurement of rock for a wind farm offshore the US with Carver Sand & Gravel LLC (Carver), a US quarry in the state of New York. Through this subcontract, Great Lakes will use rock produced in New York to provide […]

  • Mitsui O.S.K. Lines Invests in Dutch Floating Offshore Wind Turbine Tech

    12 September 2023
    Business & Finance, Business development, Collaboration, Floating Wind, Outlook & Strategy, R&D, Research & Development, Technology

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that it will invest in Dutch floating wind technology developer TouchWind and will obtain a minority share in the company. TouchWind is developing a floating wind turbine with a tilting, angled one-piece rotor. A small-scale prototype was installed in May at Fieldlab Green Economy Westvoorne in […]

  • Petrobras Unveils 23 GW Wind Power Play Offshore Brazil

    14 September 2023
    Business development, Planning & Permitting, Research & Development

    Petrobras has unveiled plans to develop wind farms offshore Brazil with a potential capacity of up to 23 GW, including a floating wind project in Rio de Janeiro. Brazilian state oil and gas group has submitted a request with the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) to start the environmental licensing process for ten […]

  • First Turbines Up at World’s Biggest Offshore Wind Farm

    11 September 2023
    Fixed-Bottom, Foundations, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    The first two wind turbines have been installed at Dogger Bank A, the first of the three phases of the UK’s 3.6 GW Dogger Bank Wind Farm, the world’s biggest offshore wind farm under construction. According to a Notice of Operations from the project, the first wind turbine was installed on the 29th of August […]

  • Spain Receives First Floating Offshore Wind Power

    18 September 2023
    Floating Wind, Project Updates, Research & Development, Technology

    The DemoSATH floating offshore wind project has started generating electricity and feeding it to Spain’s national grid, introducing this type of renewable generation technology to Spain’s energy mix for the first time. Led by the Spanish engineering firm Saitec Offshore Technologies, in collaboration with the German energy company RWE Offshore Wind and the Japanese company […]

  • Equinor and BP’s 2.4 GW Beacon Wind Enters Federal Permitting

    30 June 2023
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) will initiate its eleventh offshore wind environmental review with Equinor and BP’s 2.4 GW Beacon Wind 1 and 2 wind farms, proposed to be built offshore Massachusetts and connected to the grid in New York and Connecticut. BOEM published a Notice of Intent (NOI) to prepare an […]

  • Taiwan’s First Round 2 Offshore Wind Project Enters Commercial Operation

    8 September 2023
    Wind Farm Update

    The Formosa 2 offshore wind farm has officially entered commercial operation, becoming the first Round 2 offshore wind project in Taiwan to achieve commercial operation date (COD). This project, owned by JERA, Green Investment Group (supported by its portfolio company Corio Generation) and Synera Renewable Energy (SRE), has entered the operations & maintenance (O&M) phase […]

  • 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 […]