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The UK-based high-speed craft and aluminium ship builder Wight Shipyard Co Ltd (WSC) is breaking into the wind farm support vessel (WFSV) market with the launch of its new Vortisea brand. The Vortisea brand, designed in collaboration with Australia’s Incat Crowther, is specifically geared towards European and UK wind farms, particularly those further offshore, WSC […]
The global offshore wind operation and maintenance (O&M) market is expected to grow by 17% annually to EUR 11 billion by 2028, according to new research from Wood Mackenzie Power and Renewables. Europe is the largest contributor with EUR 6.7 billion in value, while the Asia Pacific region is keeping up the pace in O&M […]
The UK-based Chartwell Marine has won a contract to design a low-emission hybrid catamaran to be deployed in New England, the U.S. According to Chartwell, the vessel order comes as new industries such as offshore wind emerge in the U.S. and next-generation hybrid crafts are necessary for operators to begin to adapt to stringent emissions regulations. The 65ft […]
Ideol and Atlantique Offshore Energy (AOE) have unveiled the details of their market-ready universal floating offshore substation. Developed in cooperation with ABB, the floating offshore substation is designed for both bottom-fixed and floating offshore wind farms starting at depths of 40 metres. It is based on Ideol’s patented and shallow-draft Damping Pool® concept and on AOE’s […]
The global offshore wind power market size will grow by more than USD 17 billion during the period 2019-2023 at a nearly 18% compound annual growth rate (CAGR), according to a research report by Technavio. The forecasted growth of the global offshore wind market in the next five years is due to wind power registering […]
Copenhagen Infrastructure Partners (CIP) has established a new fund, Copenhagen Infrastructure New Markets Fund I K/S (CI NMF I), which will invest in renewable energy infrastructure targeting primarily Asia and Latin America. The new fund reached the first close of USD 700 million on 9 May and is expected to achieve its final close with […]
Wave energy technology developer Marine Power Systems (MPS) is expanding into the floating offshore wind sector with two new devices said to offer a solution to wind energy generation challenges in deep waters. The UK company stated that R&D of its wave energy device WaveSub brought to the development of the DualSub device, which captures […]
By Stefano Santoni – Product & Market Manager, Wind Energy & Heavy Duty Division – DAVI. According to the report of the Global Wind Energy Council (GWEC), the global offshore wind market experienced a growth of 4.49GW of new capacity in 2018. The Global Wind Report acknowledges that nowadays there’s a total of 23GW of offshore […]
The Global Wind Energy Council (GWEC) and the World Bank Group (WBG) have revealed plans to work together on efforts to develop offshore wind in emerging markets. This follows the World Bank Group’s launch of a new programme to fast-track the adoption of offshore wind energy in developing countries, supported by funding from the government […]
Offshore Wind Consultants (OWC) is set to open its first US office in Boston, Massachusetts, citing an increasing number of requests from US wind farm developers as the reason. “The US offshore wind market is now taking off. In the past year OWC has undertaken a number of US assignments and we are receiving an increasing […]
A growing disparity between the turbine megawatt growth and units deployed will impact component suppliers as price pressure percolates down the supply chain, according to a new report by Wood Mackenzie Power & Renewables. The report – Global wind turbine supply chain trends - estimates that global turbine supply chain potential sits at USD 540 […]
The UK-based Nautilus Associates Ltd and a group of specialist investors have established a new seabed services company dedicated to the offshore renewables and oil & gas industries. Seabed and Offshore Solutions Ltd. (Seabed Solutions) is said to be established to address a gap in the seabed services market and to bring all technical skills required […]
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.
Wood Mackenzie has recently upgraded its Global Wind Power Market Outlook Update: Q4 2018 by 2% compared to the outlook published in the third quarter, partly due to favourable developments in emerging offshore wind markets such as South Korea, Japan, and the USA. More than 680GW of new wind power capacity will come online globally […]
Atkins and law firm K&L Gates LLP have released an offshore wind handbook to help guide investors through technical and regulatory issues in the U.S. market.
The United States has a lot to offer on the digitization of offshore wind, especially regarding artificial intelligence which can make the supply chain more efficient and potentially speed up the permitting and siting processes, Liz Burdock, President and CEO of the Business Network for Offshore Wind, said in an interview with Offshore WIND.
The Belgium-based Sarens Group has established a venture in Taiwan to take part in the local offshore wind market.
Becoming a leading player in the offshore energy arena means supporting oil and gas, offshore wind, and the emerging marine energy market says Rob Boer, Managing Director at Acta Marine.
The Crown Estate has invited registration for a second market engagement event for a potential new offshore wind leasing round in the UK on Monday 26 November 2018.
There is a huge amount of opportunities in the first and the second wave of emerging offshore wind markets, according to Stefan Lettink, Director Wind at Royal IHC, said.
The offshore wind industry is expected to grow to 120GW total installed capacity by 2030. In North-West Europe, the North, Irish and Baltic Seas are relatively shallow and have sandy bottoms. While most seas in the world have rock-like bottoms and deeper waters.
Triodos Bank has entered the Belgian offshore wind market with a financial loan for the Northwester 2 project.
The Global Wind Energy Council (GWEC) has created a new Offshore Wind Taskforce to accelerate the development of offshore wind technology in non-European markets such as Asia and North America.
The Hamburg-based Buss Offshore Solutions and the St. Nazaire-based logistics services provider IDEA Groupe have established a joint venture, Buss IDEA Offshore, to offer a wide range of logistics services for the French offshore market.
Chartwell Marine has launched the Chartwell 24, a new crew transfer vessel (CTV) design for the international offshore wind markets.
Siemens Gamesa has modified its new SG 8.0-167 DD offshore wind turbine to address conditions across the Asia-Pacific region.