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  • Ørsted Buys Sunrise Wind Stake from Eversource

    22 April 2024
    Business & Finance, Collaboration, Fixed-Bottom, Outlook & Strategy, Project Updates, Wind Farm Update

    US utility Eversource Energy has finalized definitive documents regarding its previously announced agreement to sell its 50 per cent ownership stake in the 924 MW Sunrise Wind offshore wind project to Ørsted. Eversource will remain contracted, under a separate construction management agreement, to lead the onshore construction of the Sunrise Wind project following the closing. […]

  • Dominion Confirms First US Wind Turbine Installation Vessel Will Be Completed Later than Planned

    9 November 2023
    Business & Finance, Fixed-Bottom, Manufacturing, Project Updates, Supply Chain, Vessels

    The first US-built and Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, will be completed in late 2024 or early 2025, Dominion Energy said in its financial report for the third quarter of 2023, confirming the information that surfaced after the company’s second quarter report in August. Construction of the first US WTIV started […]

  • K2 Management Wins Work on 420 MW South Korean Offshore Wind Farm

    31 January 2024
    Business development, Contracts & Tenders, Fixed-Bottom, Research & Development, Supply Chain

    Denmark-headquartered K2 Management (K2M) has been selected by Pacifico Energy Korea as the Owner’s Engineer for the first phase of a 3.2 GW offshore wind project in South Korea. The MyeongRyang Offshore Wind Project is the initial phase of a larger 3.2 GW offshore wind complex off the coast of Jindo-gun, Jeollanam-do in South Korea, […]

  • Finland Denies 16 Offshore Wind Bids

    6 May 2024
    Authorities, Planning & Permitting

    The Finnish government has issued a negative decision on 16 applications for exploitation rights concerning offshore wind power in the exclusive economic zone saying that many of the areas located in the Gulf of Bothnia overlap each other. The applicants who received a negative decision are Halla Offshore Wind Oy and Laine Offshore Wind Oy […]

  • CIP Launches New Company for Energy Island Development

    19 January 2024
    Business development, Energy Islands, Grid Connection, Industry, Research & Development

    Denmark’s Copenhagen Infrastructure Partners (CIP) will launch a new company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors. Named Copenhagen Energy Islands (CEI), the new company will build on CIP’s long-standing experience within offshore wind to develop energy island projects globally and is currently developing around 10 energy […]

  • Ten UK Companies to Take Part in ORE Catapult’s Offshore Wind Accelerator Programme

    7 March 2024
    Business development, R&D, Research & Development

    Offshore Renewable Energy (ORE) Catapult has commenced its latest Launch Academy accelerator programme with ten companies from across the UK joining the programme to develop technology solutions to address the challenges within offshore wind. The ten companies that joined the Launch Academy programme are Anstee Indication Systems, Crondall Energy, Indeximate, Kavaken, Auxetec, Perceptual Robotics, Pulcea, […]

  • Canadian Pension Fund to Consolidate Its Offshore Wind Holdings into UK-Based Reventus Power

    10 April 2024
    Business & Finance

    Canada Pension Plan Investment Board (CPP Investments) will consolidate its existing direct and indirect offshore wind holdings into Reventus Power, its UK-based portfolio company, which will become its dedicated global offshore wind platform. Subject to customary approvals, the move will see Reventus Power growing its teams in the UK, Germany, Poland and Portugal to form […]

  • Parkwind and Alinta to Jointly Develop 1+ GW Offshore Wind Farm in Australia

    24 April 2024
    Business development, Project Updates, Wind Farm Update

    Alinta Energy and Parkwind, a subsidiary of JERA Nex, have agreed to join forces to develop the 1+ GW Spinifex offshore wind farm in the Southern Ocean Region Declared Area in South West Victoria, Australia. Under the agreement, Alinta Energy and JERA Nex, the newly launched renewable energy company created by JERA, will apply their […]

  • 2023 Installation Campaign Nears Completion at Yunlin Wind Farm Offshore Taiwan

    24 November 2023
    Project Updates, Wind Farm Update

    Skyborn Renewables Taiwan has revealed that the 2023 installation campaign of the Yunlin offshore wind farm is nearing completion. The offshore construction team has installed 45 monopile foundations, 26 inner array grids, and 12 export cables as well as 34 wind turbines in 2023. According to Skyborn, the preparations for the 2024 installation campaign are […]

  • Japanese Offshore Wind and Battery Storage Project Begins Commercial Operation

    4 January 2024
    Project Updates, Wind Farm Update

    On 1 January 2024, the 112 MW Ishikari Bay New Port offshore wind farm in Japan began commercial operations, which is owned by JERA and Green power Investment Corporation, through a special-purpose corporation, Green Power Ishikari GK. The construction of the Ishikari Bay New Port Offshore Wind Farm began in October 2022 after the project’s […]

  • Skyborn and Partners Receive Green Light for Yunlin Financing

    3 January 2024
    Business & Finance, Project Updates, Wind Farm Update

    Yunneng Wind Power, the company responsible for the construction and operation of the 640 MW Yunlin offshore wind project in Taiwan, has received the necessary approvals from Taiwanese authorities to enable the completion of its financial restructuring announced in August 2023. Approvals for the extended financing were awarded by Taiwan’s Ministry of Economic Affairs and […]

  • BOEM Starting Environmental Review of 2.6 GW Wind Project Offshore Massachusetts

    25 March 2024
    Authorities, Business development, Fixed-Bottom, Planning & Permitting, Project Updates, Research & Development, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has issued a Notice of Intent (NOI) to prepare an Environmental Impact Assessment (EIS) for the Construction and Operations Plan (COP) for Vineyard Northeast’s proposed offshore wind project, located offshore Nantucket, Massachusetts. The publication of the NOI in the Federal Register opened a 45-day public comment period […]

  • India Launches 4 GW Offshore Wind Tender

    5 February 2024
    Authorities, Business & Finance, Business development, Planning & Permitting, Research & Development

    The Government of India has invited bids for the development of offshore wind of a total capacity of 4 GW off the coast of Tamil Nadu. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind projects off the coast of Tamil Nadu, […]

  • CPP Investments Sells Stake in Two German Offshore Wind Farms to Enbridge

    6 November 2023
    Business & Finance, Project Updates, Wind Farm Update

    Canada Pension Plan Investment Board (CPP Investments), through its wholly-owned subsidiary CPPIB Renewables Europe S.à r.l, has agreed to sell its 24.5 per cent stake in two German offshore wind farms to a wholly-owned subsidiary of Enbridge. Under the transaction, CPP Investments will sell its stake in Hohe See and Albatros offshore wind farms, which […]

  • DNV Kicks Off JIP on Standards for Offshore Wind Concrete Floaters

    4 December 2023
    Business development, R&D, Research & Development

    DNV has secured partners to launch a new project to enhance technology development and prepare for scale/industralisation of concrete substructures for floating offshore wind. With the launch of a new joint industry project (JIP), called Concrete FLOW, DNV aims to optimise requirements for concrete floaters, specifically tailored for floating offshore wind farms. The project encompasses […]

  • Masdar, Bapco Energies Eye 2 GW of Wind Projects Offshore Bahrain

    3 May 2024
    Business & Finance, Business development, Collaboration, Outlook & Strategy, Research & Development

    UAE-based Masdar has signed an agreement with Bahrain’s Bapco Energies to explore the development and investment in wind projects in Bahrain with a potential of 2 GW capacity. Marking a strategic entry into the Bahrain market for the UAE’s clean energy company, the agreement for near-shore and offshore wind farms is Masdar’s first in the […]

  • Seven INTOG Offshore Wind Projects Ink Exclusivity Agreements

    29 November 2023
    Authorities, Business development, Planning & Permitting, Project Updates, Research & Development, Wind Farm Update

    Crown Estate Scotland has confirmed that seven offshore wind projects have signed Exclusivity Agreements as part of the Innovation and Targeted Oil & Gas (INTOG) leasing round. The seven projects join the five Innovation projects that secured Exclusivity Agreements earlier this year, bringing the number of INTOG projects to 12 out of the 13 agreements […]

  • Transmission Capital Partners Buys Moray East Link

    23 February 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Supply Chain

    Moray East Offshore Wind Farm, a joint venture between Ocean Winds, Diamond Green Limited, and China Three Gorges, has concluded the transfer of its transmission assets to Transmission Capital Partners (TCP), a consortium comprising Transmission Investment, Amber Infrastructure, and INPP. The transmission assets include a 220 kV 3-cable connection to the Moray East Wind Farm […]

  • Equinor Names California Floating Offshore Wind Project

    1 December 2023
    Floating Wind, Project Updates, Wind Farm Update

    Atlas Wind is the official name of the floating offshore wind project that Equinor plans to build off the coast of California, the developer announced on 29 November. “Atlas is a symbol of strength and fortitude, and most importantly perseverance, as we bring tested, world-class technology to California’s Central Coast,” said Molly Morris, President of […]

  • RWE and Hyundai Partner on Offshore Wind and Green Hydrogen in South Korea

    15 November 2023
    Business & Finance, Business development, Collaboration, Green Hydrogen, Outlook & Strategy, Power-to-X, Research & Development

    RWE and Hyundai Engineering & Construction (Hyundai E&C), a subsidiary of South Korea’s Hyundai Motor Group, have signed a memorandum of understanding (MoU) to cooperate in the field of offshore wind and green hydrogen. The partners said they will work together to jointly develop offshore wind projects in South Korea in line with the country’s […]

  • US Greenlights First Offshore Wind Project to Connect to New York’s Grid

    14 March 2024
    Authorities, Fixed-Bottom, Grid Connection, Onshore Infrastructure, Planning & Permitting, Project Updates, Wind Farm Update

    Equinor has been granted authorisation from the US Federal Energy Regulatory Commission (FERC) to link the Empire Wind 1 offshore wind project directly into New York’s transmission system. Approved on 1 March, the Large Generator Interconnection Agreement (LGIA) executed between Equinor’s Empire Wind 1 project, New York ISO (NYISO), and Consolidated Edison Company of New […]

  • Dominion to Sell Half of 2.6 GW Coastal Virginia Offshore Wind Project in Multi-Billion-Dollar Deal

    22 February 2024
    Authorities, Business & Finance, Business development, Fixed-Bottom, Industry, Planning & Permitting, Research & Development

    Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has reached an agreement with Dominion Energy to acquire a 50 per cent interest in its 2.6 GW Coastal Virginia Offshore Wind (CVOW) project in the US through the formation of an offshore wind partnership. “Having previously partnered with Dominion Energy, we look forward […]

  • US Reveals New Five-Year Offshore Wind Leasing Schedule, 12 Sales in Play

    24 April 2024
    Authorities, Fixed-Bottom, Floating Wind, Industry, Outlook & Strategy, Planning & Permitting, Transition

    In remarks at the International Partnering Forum conference in New Orleans, Louisiana, the US Secretary of the Interior Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management […]

  • Offshore Wind: Both Challenges and Enormous Opportunities Lie Ahead

    8 January 2024
    Authorities, Business & Finance, Environment, Fixed-Bottom, Floating Wind, Industry, Innovation, Market Outlooks, Outlook & Strategy, Planning & Permitting, Power-to-X, R&D, Supply Chain, Transition

    The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instability and cost inflation which has resulted in […]

  • Acteon: Breathing New Life Into Floating Wind Using Digital Response Twin

    14 December 2023
    Innovation, Technology

    By using new technologies such as digital response twin, one of the tools developed and used successfully in the oil and gas sector, we can extend the life of floating wind farms, Tim Eyles, Vice President of UK-based company Acteon revealed. At this year’s Offshore Energy Exhibition & Conference (OEEC), Eyles, together with Ben Andrew, […]

  • 806 MW Vineyard Wind 1 Offshore Wind Farm Delivers First Power

    3 January 2024
    Project Updates, Wind Farm Update

    Vineyard Wind offshore wind project, being developed by Avangrid and Copenhagen Infrastructure Partners (CIP), has delivered its first power to the New England grid in Massachusetts. As part of the initial commissioning process, on Tuesday 2 January 2024, one turbine delivered approximately 5 MW of power, with additional testing expected to happen both on and […]