Search results for: ocean wind 1

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  • New Contracts Awarded for 1 GW Floating Wind Project Offshore Scotland

    7 July 2023
    Contracts & Tenders

    The developers behind the Buchan floating offshore wind project, have awarded a series of contracts worth more than GBP 1.5 million to three Scottish companies. The 1 GW Buchan floating offshore wind project is being developed by the Floating Energy Allyance, a consortium comprising BW Ideol, Elicio, and BayWa r.e., which secured the rights for the project […]

  • California Lease Sale Winners Are: RWE, Equinor, CIP, Ocean Winds, and Invenergy. Floating Wind Farm Capacities Higher than Initially Estimated

    7 December 2022
    Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update

    This article has been updated on 8 December with information on Invenergy’s lease area capacity and the total capacity of the five lease areas according to developers’ announcements. The article has also been amended to clarify that the estimated capacities are for lease areas, which may contain more than a single project. The winners of […]

  • Portugal Zooms In on Three Offshore Wind Areas with 3.5 GW Capacity for Upcoming Auction

    14 July 2023
    Authorities, Fixed-Bottom, Floating Wind

    An inter-ministerial working group on offshore wind set up by the Portuguese government as part of the process of organising the country’s first offshore wind tender has narrowed down the initially identified areas to three that would be offered for development later this year. As reported at the beginning of this year, the working group […]

  • Floating LiDAR Deployed in Utsira Nord Area to Support Norwegian Offshore Wind Development

    4 July 2023
    Business development, Research & Development

    TGS has announced the deployment of the “first-ever” LiDAR buoy measurement campaign to support Norwegian offshore wind development. This represents the first industry-led investment and installation toward making large-scale Norwegian offshore wind a reality, said TGS. The buoy has been deployed in the Utsira Nord zone. Throughout the 12-month campaign, it will conduct wind, metocean, […]

  • Ørsted’s Offshore Revenue Soaring in 2021

    3 November 2021
    Business & Finance

    Ørsted has reported a 43 per cent increase in revenue in its Offshore segment for the third quarter and a 32 per cent increase for the first nine months of this year, both compared to the same periods of 2020. While the company’s operating profit (EBITDA) in the Offshore segment halved in the third quarter […]

  • New Jersey Wind Port Opens Doors to Tier 1 Component Manufacturers

    25 May 2022
    Business & Finance, Contracts & Tenders, Jobs & Recruitment, Ports & Logistics

    The New Jersey Economic Development Authority (NJEDA) will shortly launch the next phase of its tenant selection process for the New Jersey Wind Port. This phase will involve seeking offers from Tier 1 wind component manufacturers, such as blades, for an approximately 70-acre parcel of property at the port. The parcel is currently undeveloped but […]

  • Ørsted Invests in Maryland Steel Fabricator

    15 October 2021
    Business & Finance

    Ørsted has announced an economic agreement that will establish Maryland’s first offshore wind steel fabrication center at Crystal Steel Fabricators in Federalsburg, Maryland. Ørsted’s investment in Crystal Steel will enable nearly USD 70 million in supply agreements and create nearly 50 new Maryland jobs, positioning local steelworkers to supply steel components that will be used […]

  • Ørsted and NABTU Sign ‘Historic’ Project Labor Agreement for US Offshore Wind

    6 May 2022
    Business & Finance, Industry, Jobs & Recruitment

    North America’s Building Trades Unions (NABTU) and the offshore wind developer Ørsted have announced a Project Labor Agreement (PLA) to construct the company’s US offshore wind farms with an American union workforce. “A first-of-its-kind in the United States, the National Offshore Wind Agreement (NOWA) sets the bar for working conditions and equity, injects hundreds of […]

  • GE Proposes Two Offshore Wind Plants in New York

    27 January 2023
    Business & Finance, Industry, Jobs & Recruitment

    GE has submitted a plan to construct two new manufacturing facilities in New York if it wins a sufficient volume of orders from customers in the State’s ongoing solicitation for up to 4.6 GW of offshore wind. GE proposed building the factories with Carver Companies at their Port of Coeymans site. Should GE receive sufficient […]

  • 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 […]

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • Barclays Supports Moray West Offshore Wind Farm with GBP 95.5 Million Loan

    4 July 2023
    Business & Finance, Business development

    Barclays has committed GBP 95.5 million in loans to support the Moray West offshore wind farm, a project that aims to supply 50 per cent of Scotland’s electricity. Moray West, part of Ocean Winds portfolio, has secured a GBP 95.5 million loan from Barclays to support the next phase of the project’s construction as part […]

  • Developer of Italy’s First Offshore Wind Farm Exploring Environmentally Friendly Solutions for Floating Wind Project off Sicily

    23 June 2023
    Wind Farm Update

    Renexia, the company behind Italy’s first offshore wind farm and the first to be built in the Mediterranean Sea, has contracted Seas Geosciences to study the most environmentally sustainable mooring and anchoring solutions for Med Wind, a 2.8 GW floating wind project proposed to be built in the Strait of Sicily. Seas Geosciences, part of […]

  • DeepOcean Wins Vineyard Wind 1 Contract

    2 June 2022
    Contracts & Tenders, Wind Farm Update

    Norway-based DeepOcean has been awarded a contract to provide subsea services to Vineyard Wind 1, the first utility-scale offshore wind project in the US. Under the contract, DeepOcean will provide a range of subsea services including project management, engineering, ROV, tooling, and survey activities. The company will lead the project out of its office in […]

  • Ørsted and WWF Working on Offshore Wind-Related Biogenic Reef Project in Danish North Sea

    21 June 2023
    Environment

    Ørsted and WWF, which teamed up last year to advance offshore wind deployment that enhances ocean biodiversity, have now launched a project that will see one or more biogenic reefs of European flat oysters and horse mussels being established in the Danish North Sea. The project, named BioReef, is commencing this year and the deployment […]

  • Survey Activities Ramping Up on Equinor and BP’s New York Wind Site

    19 June 2023
    Wind Farm Update

    Two survey activities are planned to start this month at the Empire Wind offshore wind farm site located about 20 miles south of Long Island. The first is a short-term underwater sediment survey campaign, planned to begin in late June. The sediment survey experts will sample the seabed along the proposed Empire Wind 1 and […]

  • 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 […]

  • Ocean Installer Nets Gode Wind 1 Cable Gig

    22 December 2015
    Business & Finance, Grid Connection, Operations & Maintenance, Wind Farm Update

    Stavanger-based subsea company Ocean Installer has been awarded an offshore wind contract with Norddeutsche Seekabelwerke GmbH.  The scope of work includes recovery of two pre-laid HVAC export power cables in the 500 m zone of the Gode Wind 1 offshore sub-station, relay of the cable, installation of the centralizer cable protection system and pull-in to […]

  • World’s First Offshore Hydrogen Production Project Yields First Kilograms of Green Hydrogen

    27 June 2023
    Business development, R&D, Research & Development, Technology

    The offshore hydrogen production platform that Lhyfe is testing in France, named Sealhyfe, began producing its first kilograms of hydrogen on 20 June after it was towed last month to the SEM-REV offshore test site which is connected to BW Ideol’s floating wind turbine Floatgen. Sealhyfe is capable of producing up to 400 kilograms of […]

  • FoundOcean Completes Grouting at Gode Wind 1 & 2

    1 October 2015
    Wind Farm Update

    FoundOcean, on behalf of Geosea, has completed the grouting of the XL monopile foundations at DONG Energy’s Gode Wind 1 and 2 offshore wind farm. The wind farm, which is located in the German sector of the North Sea, is the latest wind farm to fix its foundations using the MasterFlow 9500 material from BASF. […]

  • Skyborn, Cobra Ink Local Content Agreement for 1 GW Wind Project Offshore France

    21 June 2023
    Collaboration, Contracts & Tenders, Outlook & Strategy

    Skyborn Renewables and Cobra have signed a local content agreement during the Seanergy trade show in Paris for the French tender off the Atlantic coasts (AO7). The engagement chart, drawn up by all the local clusters (Aquitaine Blue Energies, Bretagne Ocean Power, Normandie Maritime, Neopolia, Wind’Occ, and Sud’Eole) aims to establish a strong industrial sector […]

  • Ocean Winds to Apply for Consent for 1.6 GW Irish Project

    3 June 2022
    Environment, Wind Farm Update

    Ocean Winds, a joint venture between EDP Renewables and ENGIE, has opened public consultation for the development of its proposed Réalt na Mara wind farm offshore Ireland, for whose Maritime Area Consent (MAC) the developer plans to apply early next year. The first phase of the wind farm’s public consultation started in May and is […]

  • Northland Power Moves Forward with South Korean Offshore Wind Projects

    24 February 2023
    Authorities, Business & Finance, Contracts & Tenders

    Canada-headquartered Northland Power has secured two Electricity Business Licenses (EBLs) for its 1,000 MW Dado and 600 MW Bobae offshore wind projects in South Korea. The Dado offshore wind project was awarded EBL for 900 MW of the 1,000 MW capacity, providing exclusivity on the leases for the project. The project is expected to advance […]

  • LS Cable & System, Northland Power Team Up in South Korea

    3 November 2021
    Business & Finance, Contracts & Tenders

    South Korean subsea cable manufacturer LS Cable & System and Canadian offshore wind developer Northland Power have signed a Memorandum of Understanding (MOU) on cooperation in the South Korean offshore wind market. LS Cable & System was recently selected as a preferred supplier of submarine cables for Northland Power’s 1 GW Hai Long Wind Farm […]

  • Ocean Winds Taps Cathie for 1.7 GW Bluepoint Wind Offshore Wind Farm

    16 March 2023
    Contracts & Tenders, Wind Farm Update

    Cathie has been awarded a contract to provide geophysical and geotechnical consultancy services for the up to 1.7 GW Bluepoint Wind offshore wind project in the United States. Located 38 nautical miles off the coast of New York and 53 nautical miles off the coast of New Jersey, Bluepoint Wind offshore wind project is being […]

  • Ocean Winds Increases Stake in Floating Offshore Wind Specialist

    26 May 2023
    Business & Finance

    EDP has transferred its 25.4 per cent stake in floating offshore wind platform company Principle Power to Ocean Winds, a 50:50 joint venture between EDP Renewables and Engie. With this transaction and adding to its previous ownership, Ocean Winds now holds a total of 36.25 per cent of Principle Power. The transfer of EDP’s stake […]