832 results found for 'south korea'

832 results found for 'south korea'
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  • Offshore Wind Turbine Tower Manufacturer to Acquire Bladt Industries

    10 July 2023
    Business & Finance

    Nordic Capital has reached an agreement to sell Denmark-based Bladt Industries to the wind turbine tower manufacturer CS Wind. During the Nordic Capital ownership, the company completed a company-wide strategic pivot to focus solely on the growing offshore wind industry, becoming a pureplay renewable energy supplier, according to the press release. “Our company has undertaken […]

  • USA: Marine Energy Sector Requires Corporate Investment and Government Price Supports, Says Report

    25 June 2012
    R&D

    In many ways marine and hydrokinetic power systems offer one of the most promising areas for renewable energy development.  Marine and hydrokinetic resources – including ocean waves, tidal streams, river flows, ocean currents, and ocean thermal differences – are abundant, the technology is improving rapidly, and countries that have strong marine resources, such as the […]

  • Frost & Sullivan: OWFs Growth Will Help Compensate Falling Demand for Marine Gensets

    3 September 2013
    Business & Finance

    With most of Europe’s shipbuilding activity migrating to the Asian countries of South Korea, China and Japan, the traditional demand for marine generator sets has dipped. This shift, coupled with the Euro zone recession and financing difficulties, has further deepened the slump in demand for new vessels and thus, marine genset suppliers have been forced […]

  • GWEC: 200GW of Offshore Wind by 2030 Is Possible

    26 June 2019
    Business & Finance

    The global offshore wind sector has the potential to grow to 200GW of capacity by 2030, according to a new report by the Global Wind Energy Council (GWEC). The Global Offshore Wind Report includes a business-as-usual (BAU) scenario which does not incorporate further technical development or opportunities and an upside scenario which captures the additional market potential. […]

  • Siemens: Europe Could Save EUR 45 Billion of Investment in Renewables

    15 May 2013
    Business & Finance

    Siemens has analyzed the electrical power producing systems across Europe and identified considerable potential for optimization, especially in connection with plans to expand power generation from renewable energy sources. The crux lies in the choice of location: If installations were built at the sites in Europe that offer the highest power yields, some EUR 45 […]

  • Total Buys Into Taiwanese Offshore Wind

    29 April 2021
    Business & Finance, Wind Farm Update

    French energy major Total has signed an agreement with wpd to acquire a 23 per cent interest in Yunlin Holding GmbH, the owner of the 640 MW Yunlin offshore wind farm in Taiwan. The project, currently under construction, represents production capacity of 640 MW and benefits from a 20-year guaranteed-price power purchase agreement (PPA) with […]

  • Aker Offshore Wind Eyes New Areas and Scotland’s Oil & Gas Electrification Tender

    18 March 2022
    Business & Finance

    Aker Offshore Wind is looking at the Scottish oil & gas electrification tender as one of the opportunities for bidding and is also eyeing France, Germany, Ireland, Italy, Spain, and Vietnam as further prospective markets, according to the company’s latest presentation on annual results. Aker Offshore Wind’s net portfolio jumped from 1.5 GW in 2020 […]

  • Germany: Risks and Chances for Young Industry at Offshore Conference OBMC

    6 November 2012

    Dr. Robert Habeck, Schleswig-Holstein’s Minister for Energy Transition, stated clearly at the beginning of the Offshore Conference OBMC, “We want offshore wind farms for Schleswig-Holstein. The wind blows steadily offshore, so they are an important component of the energy transition. And they offer good opportunities for our ports and economy.” In the panel discussion which […]

  • Masdar Reveals 10 GW Offshore Wind Plans, Tie-Up with RWE as UAE and Germany Sign Energy Deal

    28 September 2022
    Business & Finance

    Abu Dhabi-based Masdar has plans for the development of 10 GW of offshore wind capacity in the German parts of the North and Baltic Seas, and has just signed a Memorandum of Understanding (MoU) with German developer RWE to explore collaboration on offshore wind projects both in and outside Germany. The company announced its 10 […]

  • Global Floating Wind on Path to Miss 2030 Targets, Report Says

    14 November 2022
    R&D

    A new report, published by 4C Offshore, has revealed that many countries are falling behind their 2030 floating offshore wind targets, but there could be still a chance to meet them. According to the latest 4C Offshore’s Global Floating Wind report, targets for 2030 wind production from floating, rather than fixed, wind farms are set […]

  • Reportlinker Announces New Report on Ocean Renewable Energy (France)

    9 February 2012

      Reportlinker announced new addition to its catalog “Renewable Power Generation from Ocean Wave, Tidal Stream, River Hydrokinetic, Ocean Current, and Ocean Thermal Technologies” The marine and hydrokinetic industry is slowly progressing as the technologies are improving, major energy companies and utilities are making investments, industry associations are gaining lobbying power, and governments complete or […]

  • Dutch to Study Floating Wind Market in Japan

    4 February 2022
    Business & Finance

    The Embassy of the Kingdom of the Netherlands in Japan, together with the Netherlands Enterprise Agency (RVO), has commissioned the Dutch company BLIX Consultancy to perform a floating wind market study in Japan, with an aim to strengthen offshore wind collaborations between the two countries and to obtain a better understanding of the floating wind […]

  • Ørsted Secures Exclusive Access to Lower-Emission Steel from Dillinger

    13 March 2024
    Business & Finance, Business development, Contracts & Tenders, Manufacturing, Research & Development, Supply Chain

    Ørsted will be offered the first production of lower-emission steel from German-based Dillinger, subject to availability and commercial terms and conditions. The steel plates are intended to be used for offshore wind monopile foundations in future projects. Under a large-scale supply agreement entered into in 2022, Ørsted will procure significant volumes of regular heavy plate […]

  • TotalEnergies Teams Up with Corio and Rise on US Offshore Wind Project

    23 October 2023
    Business & Finance, Collaboration, Fixed-Bottom, Grid Connection, Industry, Onshore Infrastructure, Outlook & Strategy, Project Updates, Wind Farm Update

    TotalEnergies has partnered with Corio Generation and Rise Light & Power (Rise), a New York-based electricity producer, for the joint development of the Attentive Energy offshore wind project off the coast of New York and New Jersey. Corio and Rise took respective stakes of 27.7 per cent and 16.3 per cent in the Attentive Energy […]

  • Global Floating Offshore Wind Pipeline Doubles in a Year

    12 October 2022
    Contribution, Environment, R&D

    The global pipeline of floating offshore wind projects has more than doubled in the past year from 91 GW to 185 GW, according to a report published by RenewableUK. The number of projects has increased globally during that time from 130 to 230, RenewableUK said. The pipeline includes projects at any stage: operational, under construction, […]

  • GustoMSC Kit for Eneti’s Next-Generation Jack-Up

    22 June 2021

    Houston-headquartered NOV has been awarded contracts for the design and the supply of equipment for Eneti Inc’s first wind turbine installation jack-up vessel. The vessel will be built by South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) for scheduled delivery in the third quarter of 2024. The jack-up is of the GustoMSC™ NG-16000X design by […]

  • 26 MW Wind Turbine Installation Vessel Delivered in China

    29 August 2024
    Business & Finance, Vessels

    The self-elevating wind turbine installation vessel, Gang Hang Ping 5, capable of installing 26 MW wind turbines, has been delivered to the port city of Qingdao in east China. Gang Hang Ping 5, China’s largest self-elevating wind turbine installation vessel so far, was delivered on 28 August in Qingdao City of the eastern Shandong Province, […]

  • Glasgow Hosts Global Offshore Wind 2014

    11 June 2014

    Around 3,000 delegates from around the world descended on Glasgow today to discuss the growing offshore wind sector, generating £2.4 million for the city in the process. Fergus Ewing MSP, Scotland’s Minister for Energy, Enterprise and Tourism, and Michael Fallon MP, Business and Energy Minister, will be among those to address offshore energy experts from as […]

  • DNV and LS Cable & System Jointly Target Nearshore and Floating Wind

    27 May 2021
    Business & Finance, Grid Connection, Technology

    DNV has signed a non-exclusive Memorandum of Understanding (MOU) with power cable manufacturer LS Cable & System to target emerging cabling opportunities in the offshore wind industry. The MOU comes in response to growing global demand for high-voltage, next-generation power cables with dynamic capabilities for nearshore and floating wind farms. DNV and South Korea’s LS […]

  • Successful Policy Transitions and LCoE Gains Key for Wind Industry’s Future

    16 March 2017
    Business & Finance

    The global wind power industry added 52.4GW of capacity in 2016 and 627GW could be added from 2017 to 2026, as MAKE expects a compounded annual growth rate (CAGR) of 3% for the period. However, the global outlook is heavily dependant on policy transitions and LCoE.

  • Mainstream, Ocean Winds Team Up on Another ScotWind Floating Offshore Wind Project

    17 August 2023
    Collaboration, Outlook & Strategy, Wind Farm Update

    Mainstream Renewable Power and Ocean Winds, a joint venture between Engie and EDP Renewables, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven offshore wind farm to 2.3 GW. Arven comprises two sites, namely a 1.8 GW project east of the Shetland Islands, […]

  • Spanish Partners Win First XXL Monopile Production Contract

    25 July 2022
    Contracts & Tenders, Wind Farm Update

    Offshore wind developer Ocean Winds has awarded the partnership between Navantia Seanergies and Windar Renovables with a contract to manufacture and deliver 14 monopiles for the Moray West wind farm in Scotland. This contract will be the first order executed in the new XXL monopile factory that Navantia and Windar are building in the Fene […]

  • Mainstream and Maple Power to Team Up Ahead of Celtic Sea Floating Wind Tender

    29 November 2022
    Contracts & Tenders

    Mainstream Renewable Power and Maple Power are jointly exploring the upcoming Celtic Sea Floating Offshore Wind Tender in the UK, which will be launched in 2023. The Crown Estate is advancing the Celtic Sea seabed leasing tender for floating wind, which is anticipated to deliver a total of 4 GW of renewable energy by 2035. […]

  • Top News of 2019 – Editors’ Picks

    1 January 2020

    With 2019 now behind us, our editorial team looks back on what shaped the offshore wind industry in the last year of the decade. Below is a subjective list highlighting some of the most impactful events in the sector: UK Offshore Wind Strike Prices Slide Down to GBP 39.65/MWh Offshore wind projects selected in the […]

  • Offshore Wind Part of Shell’s GBP 25 Billion UK Investment Plan

    28 March 2022
    Business & Finance

    Shell plans to invest up to GBP 25 billion (approximately EUR 30 billion) in the UK energy system over the next ten years, with offshore wind being one of the main areas the oil and gas giant has set its sights on in the UK. The company said via a social media post it planned […]

  • Northland Power Could Invest EUR 13 Billion in Offshore Wind in Next Five Years

    5 February 2021
    Business & Finance

    Over the next five years, Northland Power could invest between at least CAD 15 billion and CAD 20 billion (between EUR 9.8 billion and EUR 13 billion) in new offshore wind projects in which it holds ownership shares, with offshore wind being an anchor for its next phase of growth in the renewable energy sector. […]