1239 results found for 'Revolution Wind'

1239 results found for 'Revolution Wind'
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  • Bay State Wind Homeports in New London

    3 May 2019
    Ports & Logistics

    Bay State Wind, a joint venture between Ørsted and Eversource, has partnered with the Connecticut Port Authority and terminal operator Gateway to prepare State Pier in New London for the coming offshore wind projects in New England. The new partnership has committed to a public-private investment of USD 93 million to upgrade State Pier’s infrastructure and […]

  • Rhode Island to Open Solicitation for Up to 1 GW of New Offshore Wind Capacity

    7 July 2022
    Authorities

    Rhode Island Governor Dan McKee has signed a bill that seeks to procure between 600 MW and 1 GW of newly developed offshore wind capacity. “Adding offshore wind clean energy capacity is essential for meeting our new 100 percent renewable energy by 2033 goal and our Act on Climate emissions reductions target. It will not […]

  • US Gets Its First Commercial-Scale Offshore Wind Farm

    15 March 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    Construction has been completed and all twelve wind turbines have been powered up at the first commercial-scale offshore wind farm in the US, the 132 MW South Fork Wind. The project has started delivering power to Long Island and the Rockaways, offshore New York, with commissioning in its final stage. “When I broke ground on […]

  • US and German Firms Unveil Jones Act-Compliant Offshore Wind Farm Installation Solution

    27 September 2022
    Business & Finance, Contracts & Tenders, R&D

    A consortium led by Germany-based ONP Management and US-based Renewable Resources International has developed a Jones Act-compliant transport and installation vessel solution, named Feederdock, dedicated to addressing the US market. The Feederdock, which is based around a U-shaped crane vessel that can dock Jones Act Articulated Tug Barges (ATBs) before jacking up, features a 3,000-tonne […]

  • New Jersey Accelerates Schedule for Fourth Offshore Wind Solicitation

    8 December 2023
    Authorities, Business & Finance, Business development, Planning & Permitting, Research & Development

    On 29 November, New Jersey Governor Phil Murphy directed the New Jersey Board of Public Utilities (NJBPU) to launch the fourth offshore wind solicitation in early 2024. New Jersey’s fourth solicitation project awards are expected in early 2025. The Governor’s action reaffirms the State’s commitment to achieving a 100 per cent clean energy economy by […]

  • Ørsted Slims Down Investment Programme, Discontinues Previous Renewable Energy Capacity Target

    7 February 2025
    Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    Ørsted will reduce the investment programme the company planned to implement by 2030 by around 25 per cent, saying the reduction was in line with its commitment to ensure a capital structure that can support a solid investment grade credit rating. The slimmed-down strategic investment programme will not affect Ørsted’s construction portfolio which totals 9 […]

  • Ørsted Revises Offshore Production Forecasts Downward

    29 October 2019
    Business & Finance

    Ørsted has revised its offshore wind production forecasts after concluding that the company’s current production forecasts underestimate the negative impact of the blockage effect and the wake effect. The blockage effect arises from the wind slowing down as it approaches the wind turbines. There is an individual blockage effect for every turbine position and a […]

  • South Fork Wind Turbine Components Arriving in New London

    16 August 2023
    Wind Farm Update

    Wind turbine components for the South Fork Wind Farm, New York’s first offshore wind farm, have started coming into New London ahead of the installation at the project site that is expected to start later this summer. Ørsted shared photos of the first shipment of wind turbine blades arriving on board United Heavy Lift’s cargo […]

  • Aker Solutions Introduces Three Floating Foundation Designs for 15+ MW Wind Turbines

    10 April 2025
    Floating Wind, Foundations, Supply Chain

    Aker Solutions has presented three floating wind foundation designs that can support wind turbines with a capacity of 15 MW and beyond. The floaters, named YFloat, CONFloat-Omega, and CONFloat-7C, all have passive ballast systems, with two being concrete foundations and one steel design. YFloat is the steel floating foundation which, according to Aker Solutions, is […]

  • Highlights of the Month: August 2017

    1 September 2017

    MHI Vestas Turbine Catches Fire at Østerild Test Centre An MHI Vestas V164 wind turbine has caught fire at the Østerild – National Test Centre for Large Wind Turbines in Denmark. E.ON Wins Robin Rigg Dispute Against MT Højgaard The UK Supreme Court has ruled against MT Højgaard (MTH) in the Robin Rigg offshore wind […]

  • Ørsted Books EUR 1.6 Billion Impairment from Increased Costs, Sunrise Wind Delays in US

    21 January 2025
    Business & Finance, Business development

    Ørsted has reported impairment losses of DKK 12.1 billion (approximately EUR 1.62 billion) for the fourth quarter of 2024, citing rising costs for its offshore wind business in the US, mostly related to the development of the 924 MW Sunrise Wind project off the coast of New York. The Danish offshore wind developer said that […]

  • US Offshore Wind Pipeline Tops 25.8GW

    26 August 2019
    Authorities, Business & Finance

    The US offshore wind energy project development and operational pipeline grew in 2018 to an estimated potential generating capacity of 25,824MW, according to a report issued by the US Department of Energy (DOE). The overall size of the US offshore wind pipeline grew by 1.4% in 2018, from 25,464MW to 25,824MW. The growth was driven by […]

  • Ørsted to Take Full Ownership of 924 MW Sunrise Wind Offshore Wind Farm in US

    25 January 2024
    Business & Finance, Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has signed an agreement with Eversouce to acquire the company’s 50 per cent share of the 924 MW Sunrise Wind offshore wind farm, a project that would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York fourth solicitation for offshore wind capacity, the […]

  • US East Coast Offshore Wind Target Tops 19GW

    23 August 2019
    Business & Finance

    States along the US East Coast are seeking to procure more than 19,300MW of offshore wind capacity through 2035, according to an analysis from S&P Global Market Intelligence and S&P Global Platts. Legislation, regulation and, now, approved power purchase agreements are encouraging the development of the new capacity, though only 30MW of offshore wind resources […]

  • Construction Starts on US Offshore Wind Foundation Components Factory

    3 December 2021
    Ports & Logistics

    Joint venture partners Ørsted and Eversource have started constructing a manufacturing facility for offshore wind foundation components at ProvPort in Rhode Island, United States. Once complete, the new facility will be used to support the construction of advanced foundation components integral to foundations for Ørsted and Eversource’s portfolio of offshore wind farms serving Rhode Island, […]

  • Fugro Bags Offshore Wind Contracts in South Korea and US

    22 April 2021
    Business & Finance, Contracts & Tenders

    Fugro has been awarded contracts in the offshore wind sector in South Korea and the U.S., according to the company’s results for the first quarter of 2021. In South Korea, Fugro has won a contract for a site investigation programme for a floating offshore wind farm. The company did not disclose any further details about […]

  • Ørsted Goes Ladder-Less Offshore New York

    27 December 2021
    Contracts & Tenders, Operations & Maintenance, R&D, Technology, Vessels, Wind Farm Update

    Scottish engineering innovator Pict Offshore has signed a deal with Ørsted to deploy the ‘Get Up Safe’ (GUS) motion-compensated lifting system at New York’s first offshore wind farms. The deal with Pict Offshore will see the system deployed at the 132 MW South Fork Wind offshore wind farm, as well as two further projects off […]

  • First US-Flagged Offshore Wind Service Operations Vessel Taking Shape

    5 April 2023
    Vessels

    Edison Chouest Offshore (ECO) has marked the 50-per cent completion milestone on ECO Edison, the first-ever US-flagged, Jones Act-compliant offshore wind service operations vessel (SOV), chartered by Ørsted and Eversource for their South Fork Wind, Revolution Wind and Sunrise Wind projects. The construction of the SOV, being built by ECO’s in-house shipyards in Louisiana, Mississippi, and […]

  • Ørsted and Eversource Charter First-Ever Jones Act SOV

    1 October 2020
    Vessels

    Edison Chouest Offshore (ECO), Ørsted, and Eversource have signed a long-term charter agreement for the provision of the first-ever US-flagged, Jones Act-compliant Service Operations Vessel (SOV). The SOV will be engineered, constructed, and operated by ECO as an integral part of the operation and maintenance of the Revolution Wind, South Fork Wind, and Sunrise Wind […]

  • New York’s First Offshore Wind Farm Gets Final Federal Go-Ahead to Start Building

    20 January 2022
    Authorities, Wind Farm Update

    South Fork Wind, New York’s first offshore wind farm, has received the final decision from the federal level needed to move the project toward the start of construction as the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has now given its final approval of the project’s Construction and Operations Plan (COP). […]

  • Ørsted Takes EUR 4 Billion Impairment Hit

    1 November 2023
    Business & Finance

    Due to adverse impacts relating to supply chain delays, increased interest rates, and the lack of an Offshore Wind Renewable Energy Credit (OREC) on Sunrise Wind, Ørsted has recognised impairment losses of DKK 28.4 billion (about EUR 3.8 billion) in the first nine months of 2023. The majority of impairment losses, DKK 19.9 billion, relate […]

  • 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 […]

  • 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 […]

  • Ørsted Reshuffling Exec Team Amid ‘Challenging Business Environment’ in the Industry

    14 November 2023
    Business & Finance, Fixed-Bottom, Floating Wind, Industry

    Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO. Daniel Lerup and Richard Hunter, Ørsted’s now-former CFO […]

  • BOEM Proposes Fewer Turbines for Ørsted’s 924 MW Offshore Wind Project

    12 December 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has completed its environmental review of Ørsted’s Sunrise Wind project. In the Final Environmental Impact Statement (EIS), issued on 11 December, BOEM proposes an alternative layout for the offshore wind farm with fewer turbines. With the final EIS now released and set to be published in the […]

  • US Proposes 7+ GW New York Bight Offshore Wind Area Lease Sale

    11 June 2021
    Authorities, Contracts & Tenders

    The US Department of the Interior has announced a proposed sale for offshore wind development on the Outer Continental Shelf (OCS) in the New York Bight. This would be the first competitive offshore wind lease sale for the Biden-Harris administration. The proposed lease areas are located in shallow waters between Long Island and the New […]