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U.S. coastal states must compete, but also cooperate, to develop an offshore wind industry that benefits everyone, according to a new report by the Business Network for Offshore Wind. The Leadership 100 report writes that the priority areas include the development of an industry road map, recommendations on advancing grid and transmission projects, and launching of a […]
Offshore wind will be the backbone of a carbon neutral, climate-friendly UK economy and the new Sector Deal sets out that opportunity, according to Vattenfall's UK Country Manager Danielle Lane. Lane claims the Sector Deal underlines the importance of ensuring the UK sees the benefit of its Clean Growth Strategy in which offshore wind will play a crucial role […]
The UK's new Offshore Wind Sector Deal will be issued on Thursday, 7 March, the Department for Business, Energy & Industrial Strategy said. As reported earlier, the new Sector Deal has established a target of reaching the connected offshore wind capacity of 30GW and delivering one-third of the UK’s electricity by 2030. Through a new skills […]
With 112GW of technical resource potential, floating offshore wind in California could produce 1.5 times as much electricity as this US state uses in one year. That’s according to The California Offshore Wind Project: A Vision for Industry Growth, a new report from the American Jobs Project in partnership with the Schatz Energy Research Center […]
Virginia's Governor Ralph Northam has released a report providing a roadmap for the state to develop an offshore wind supply chain to serve emerging offshore wind projects along the US East Coast.
Muehlhan Wind Service (MWS) has entered the offshore wind market in Taiwan, the company’s Commercial Director Thomas Andersen revealed to Offshore WIND during an interview.
Alpha Offshore Service's revenue has increased by 46% in the past 12 months, according to its parent company Sparrows Group, which said that its position in the renewables market strengthened one year on from the acquisition of the Danish company.
The requirement for workers in the UK offshore wind market is expected to increase from the current 10,000 to 36,000 by 2032, according to the Skills and Labour Requirements of the UK Offshore Wind Industry 2018 to 2032 report by Aura Wind Energy and partners.
Offshore wind industry is set to face a shortage of skilled workforce over the next years due to a recovery in the oil & gas and construction sectors, Pieter van Oord, CEO of Van Oord, said during the Offshore WIND Conference in Amsterdam.
Following Alpha Offshore’s recent announcement on achieving a 56% increase in blade inspection operations this year, the company said the rise was mostly due to it now doing business under the umbrella of Sparrows Group, along with offshore wind sector’s progress and Alpha Offshore’s experience and know-how that are increasingly in demand. This is according […]
Virginia's unique infrastructure and geographical advantages are key to developing 2GW of offshore wind by 2028 and turning the Commonwealth into a national leader in the growing US offshore wind industry during the next decade, according to a new report released by BVG Associates.
Three Massachusetts-based institutions for higher education have signed a Memorandum of Understanding (MOU), called Connect4Wind, to share resources and collaborate on the development of curriculum and programs centered on the offshore wind energy sector.
Offshore wind could support 2,144 Maine jobs annually through 2030, according to a report released by the American Jobs Project.
The deployment of 1,600MW of offshore wind is estimated to generate a total economic impact of between USD 1.4 billion to USD 2.1 billion in Massachusetts, according to a report by the Massachusetts Clean Energy Center (MassCEC).
Democratic Congress representatives from Massachusetts and Arizona have introduced the Offshore Wind Jobs and Opportunity Act, legislation to educate and train a new generation of US offshore wind workers.
Vineyard Wind plans to invest USD 2 million in training locals for work at its proposed wind farm offshore Massachusetts, US, if the project secures a contract to deliver power to the state's utilities, according to local media.
New Jersey's Environment and Energy Transition Advisory Committee has proposed that the newly elected Governor Phil Murphy jumpstarts the offshore wind industry by committing to the largest offshore wind solicitation in the US of 1,100MW of electric power.
Osbit has reported a 59% increase in its overall profit for the fiscal year ending 30 September, amounting to GBP 1.3 million, which enabled the company to make bonus payments to its 60-strong workforce.
James Fisher Marine Services, main offshore marine services contractor for the Galloper project, has chartered the new Bibby WaveMaster 1 service operations vessel (SOV) to support the commissioning works on the wind farm.
Maryland Offshore Wind Industry Breakfast attracted more than 150 local companies who met with representatives form Deepwater Wind and US Wind to discuss their potential involvement in the two projects currently in contention for the state's Offshore Renewable Energy Credit (OREC), the Business Network for Offshore Wind, the organiser of the event, said.
Fugro today reported a net loss of EUR 309 million and 1,430 jobs lost in 2016, due to low activity in the oil and gas sector. The company's revenue amounted to EUR 1.8 billion, a 22.7% decline from the EUR 2.4 billion reported for 2015. However, offshore wind has brought several projects to the company last year.
Royal Boskalis Westminster today reported that both revenue and operating profit were higher in the third quarter of 2016 than the average seen in the first two quarters of the year, with the increase wholly attributable to the contribution from the offshore activities acquired from VolkerWessels, which are consolidated with effect from the third quarter. The […]
"Challenging oil and gas market" has somewhat become an inevitable reference point in financial reports of companies working in the offshore energy sector. Still, those involved in the offshore wind market usually have positive figures to report. This is also the case with Fugro, whose revenue declined by 20.4% in Q3 2016 due to the oil and gas downturn, […]
The global wind turbine O&M market stood at USD 9.3 billion in 2014 and is likely to reach USD 20.6 billion by 2023, expanding at a CAGR of 8.8% between 2015 and 2023, according to a new report. Transparency Market Research has released a new market report titled "Wind Turbine Operations and Maintenance Market - Global […]
Havyard Group ASA reported it is taking further measures to adapt to the market situation and maintain its profitability. All business areas in Havyard Group have been affected to a varying degree by the general downturn in the market in the oil industry, the Group said. Thus, it has been working over time on rationalisation and […]
A new report from the U.S. Department of Energy highlights how the growth of the U.S. wind industry could lead to even more highly skilled jobs in many categories. The Energy Department’s recently released Wind Vision Report analyzes a robust wind energy future and quantifies the environmental, social, economic benefits from wind through 2050. As […]