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The US Bureau of Ocean Energy Management (BOEM) will hold a public seminar on 26 April in Sterling, Virginia, regarding the recently-announced proposed lease sale for a 390,000ha offshore wind energy area in Massachusetts.
By: Jason Deign, for New Energy Update The US offshore wind sector ended 2017 on a slightly ironic note. Plans for Cape Wind, which was supposed to have been the country’s first offshore wind farm, were finally shuttered after a long period of uncertainty. But prospects for the rest of the market looked better than […]
US Department of Interior has announced the proposed lease sale for two additional areas offshore Massachusetts for commercial wind energy leasing, totalling nearly 390,000 acres.
Mitsubishi Corporation has entered into an agreement with EDP Renewables to acquire 33.4% of shares in Moray Offshore Windfarm (East) Limited (MOWEL) through its wholly owned UK-based subsidiary Diamond Generating Europe Limited (DGE).
Turkish government will hold the country's first offshore wind tender this year, with the tender details set to be disclosed in the spring, Turkey's Energy Minister Berat Albayrak announced on 22 February, according to Anadolu Agency (AA) and Daily Sabah. Turkey's first offshore wind farm will be installed in the Aegean Sea, Daily Sabah writes.
The fast-growing offshore wind supply chain in the East of England is on the cusp of a long steady rush of contracts, said Martin Dronfield, the new chair of the East of England Supply Chain Offshore Wind Special Interest Group (SIG).
Six projects worth EUR 7.5 billion reached Final Investment Decision (FID) last year – a 60% decrease from 2016 and the first decrease in investments since 2012 – according to WindEurope, which states that the transition to auctions has resulted in a lull in FIDs and that the auctions of the last two years are expected to lead to new project FIDs in 2018.
Nine developers looking to build offshore wind farms in Taiwan have qualified for offshore environmental permits. These developers, offering 10.5GW of offshore wind capacity in total, will now compete for 5.5GW of offshore wind contracts, 3.5GW to be selected for the feed-in-tariff (FIT) and the rest to be awarded at an auction in May.
Germany's Federal Network Agency (Bundesnetzagentur) has announced the terms of the second competitive tender for grid connection and offshore wind farm compensation.
Offshore wind is an efficient and realistic way for Ireland to take the big strides the country needs to hit its renewable energy targets and avoid EU fines for failing to do so, said Managing Director of SSE Ireland, Stephen Wheeler.
The Offshore WIND editorial staff brings the most read news in 2017 chosen by you, our readers. From new technologies in the offshore wind industry to the development of subsidy-free bids, 2017 has shown us that the sector is developing faster than anyone had anticipated.
Danish offshore wind developer Ørsted did not submit a bid in the subsidy-free round of the Hollandse Kust Zuid I & II offshore wind farm tender in the Netherlands, Reuters reported the company's chief strategy officer Martin Neubert as saying.
India's Suzlon Group and its associates have commissioned their first operational offshore met station in the Arabian Sea.
India's New & Renewable Energy Minister Raj Kumar Singh stated on 14 December that the government will invite the first tenders for building offshore wind farms in 2018 and plans to auction as much as 5GW, according to Times of India.
Vattenfall’s three Danish offshore wind projects are progressing on schedule following the order of wind turbines from Siemens Gamesa Renewable Energy, Gunnar Groebler, Senior Vice President Business Area Wind at Vattenfall, said.
EnBW Energie Baden-Württemberg AG has decided to build an Operations & Maintenance (O&M) base on an airfield in Emden, Germany, for the company’s offshore wind farms in the North Sea.
Zero subsidy offshore wind projects leave the actual electricity price as the only source of income and it is quite difficult for traditional investors such as banks to finance these projects, because that would mean that the banks lending the money must agree to take on the merchant risk, said Christoph Mertens, CEO Summit Renewable Power Europe, a wholly owned subsidiary of Sumitomo Corporation.
WindEurope and Swiss Re Corporate Solutions have published a report called The value of hedging, which introduces hedging as an instrument to cover the resource risk of variable wind generation, or ‘volume risk’, as wind power projects are getting more exposed to market risks with the transition to auctions allocating renewable energy support.
German energy company Energie Baden-Württemberg (EnBW) is reportedly making preparations to participate in the Hollandse Kust Zuid offshore wind tender in the Netherlands.
Avangrid, the U.S. arm of the Spanish renewable energy giant Iberdrola, has announced the pricing of 3.150% of its notes in aggregate principal amount of USD 600 million, and will use the net proceeds of the offering to finance and/or refinance its renewable energy projects in the U.S., including offshore wind farms.
An initiative led by the East of England Energy Group (EEEGR) is investigating how to cut offshore wind costs even more by looking at how offshore services can be shared with the oil & gas sector, including supply vessels and helicopters, like in Dutch waters.
RTS Wind is currently involved in the commissioning works at the 350MW Wikinger offshore wind farm located in the German Baltic Sea.
Ørsted, former DONG Energy, has issued a tender for cable lay ship services at offshore wind farms in the Dutch North Sea.
Same as Crown Estate Scotland, the Crown Estate responsible for managing the seabed around England, Wales and Northern Ireland announced today (7 November) it will consider new leasing for offshore wind projects.
Ireland's Department of Communications, Climate Action and Environment (DCCAE) is running the final public consultation on the development and design of a new renewable energy support scheme, with the consultation period closing on 10 November.
Industrial digitalisation could enable significant opportunities for export growth in the UK offshore wind sector, according to the latest UK Made Smarter Review – previously known as the Industrial Digitalisation review.