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Mooring Innovation Fund Denmark DOE
Business & Finance

US-Denmark Partnership Reveals USD 4.2 Million Opportunity to Boost Floating Offshore Wind

The US Department of Energy’s (DOE) Wind Energy Technologies Offices (WETO) and Innovation Fund Denmark are planning to release a USD 4.2 million opportunity to advance floating offshore wind. The announcement builds on a Memorandum of Understanding (MoU) between DOE, the Denmark Ministry of Higher

about 2 years ago
Irish Floating Wind and Wave Energy Test Site Seeking Floating LiDAR Services
Contracts & Tenders

Irish Floating Wind and Wave Energy Test Site Seeking Floating LiDAR Services

The Sustainable Energy Authority of Ireland (SEAI) has issued a call for tenders for a floating LiDAR and associated provision of data for the Atlantic Marine Energy Test Site (AMETS). The scope of work under the contract that will be awarded through the tender includes the installation, operation,

about 2 years ago
Credit CAPA Corporate Quentin Chaumy Fecamp
Fixed-Bottom

500 MW Fécamp Offshore Wind Farm Entering Home Stretch

70 per cent or a total of 50 out of 71 Siemens Gamesa 7 MW wind turbines have been installed at the Fécamp offshore wind farm site in Normandy, France. The wind turbine installation work is being carried out by DEME Offshore’s jack-up vessel Innovation which is currently located at the offshore site

about 2 years ago
US Establishing New Center of Excellence to Accelerate Offshore Wind Deployment
Business & Finance

US Establishing New Center of Excellence to Accelerate Offshore Wind Deployment

The US Department of Energy (DOE) is investing USD 4.75 million to establish a new national center of excellence to accelerate offshore wind energy deployment nationwide. The Academic Center for Reliability and Resilience of Offshore Wind (ARROW), led by the University of Massachusetts Amherst with

about 2 years ago
GE Haliade-X
Fixed-Bottom

Dogger Bank A May Not Be Fully Operational Until 2025, SSE Says

Dogger Bank A, the first of the three phases of the UK’s Dogger Bank Wind Farm, the world’s biggest offshore wind farm under construction, may not be fully operational until 2025, developer SSE said on 8 February. The 3.6 GW Dogger Bank Wind Farm is being constructed in UK waters some 130 kilometres

about 2 years ago
Japan Achieves 153.5 MW of Offshore Wind Capacity in 2023
Fixed-Bottom

Japan Achieves 153.5 MW of Offshore Wind Capacity in 2023

Japan has added 572.3 MW of new wind capacity in 2023, resulting in a total operational wind energy capacity of 5,213.4 MW for the first time, according to preliminary data published by the Japan Wind Power Association (JWPA). As for offshore wind, the country had 153.5 MW of installed capacity at t

about 2 years ago
India’s Oil & Gas Major, Largest Utility Company Form Offshore Wind Joint Venture
Business & Finance

India’s Oil & Gas Major, Largest Utility Company Form Offshore Wind Joint Venture

Oil and Natural Gas Corporation (ONGC) and NTPC Green Energy Limited (NGEL) have signed a joint venture agreement to develop offshore wind energy projects both in India and internationally. The agreement, signed on 7 February, will see India’s largest oil and gas company and the fully owned subsidia

about 2 years ago
Outer Dowsing Corio Generation offshore wind
Business & Finance

US Company Plans to Produce ‘100% Made in USA’ Offshore Wind Turbine Towers from 2026

US company US Forged Rings has revealed plans for an offshore wind turbine tower fabrication facility that would be operational in 2026 and a steel forging plant that would go into operation the following year. The company, which will invest USD 700 million into the two new facilities on the US East

about 2 years ago
SeaRenergy Secures He Dreiht Marine Coordination Deal
Contracts & Tenders

SeaRenergy Secures He Dreiht Marine Coordination Deal

SeaRenergy Offshore Holding has secured a Marine Coordination Service contract for EnBW’s He Dreiht offshore wind farm in the German North Sea. After participating in the European tender bidding, followed by a bid evaluation, SeaRenergy was chosen to provide the Marine Coordination Service for EnBW’

about 2 years ago
Seaway7, Dong Fang Offshore Partner in Taiwan
Business & Finance

Seaway7, Dong Fang Offshore Partner in Taiwan

Seaway7 and Dong Fang Offshore (DFO) have signed a memorandum of understanding (MOU) on collaboration in the Taiwanese offshore wind market that will focus on cable installation. According to Seaway7, the MOU outlines the intention of the two companies “to collaborate in an exclusive manner and furt

about 2 years ago
All Monopiles Installed at Gode Wind 3 Wind Farm Offshore Germany
Fixed-Bottom

All Monopiles Installed at Gode Wind 3 Wind Farm Offshore Germany

All monopiles have been installed at Ørsted’s Gode Wind 3 offshore wind farm in Germany. Furthermore, 10 out of 12 Siemens Gamesa 11 MW wind turbines have been installed at Ørsted and Eversource’s South Fork Wind Farm offshore New York. Ørsted has unveiled that all monopiles have been installed at t

about 2 years ago
Vestas: ‘We Returned to Profitability’
Business & Finance

Vestas: ‘We Returned to Profitability’

Vestas has posted a revenue of EUR 15.4 billion and an increase in profit by 105 per cent for 2023 compared to the previous year, and says the company saw a record order intake of 18.4 GW last year “driven by strong growth in both Offshore and Onshore, especially in the USA.“ The Danish wind [&helli

about 2 years ago
Danish Offshore Wind Giant Exits Markets, Axes Renewable Energy Targets, and Reduces Positions
Business & Finance

Danish Offshore Wind Giant Exits Markets, Axes Renewable Energy Targets, and Reduces Positions

Denmark-headquartered Ørsted has revealed a substantial revision of its plans, including a reduced 2030 renewable energy target, job cuts, exit from several markets, and “leaner development” within floating offshore wind and Power-to-X. As a result of the business plan approved by Ørsted’s Board of

about 2 years ago
Ørsted building and flags
Business & Finance

Ørsted Doubles Offshore Wind Earnings in 2023

World’s leading offshore wind developer Ørsted has reported an operating profit (EBITDA) of DKK 18.7 billion (about EUR 2.5 billion) for 2023 and expects this year’s operating profit to be between DKK 23 billion and DKK 26 billion (approximately EUR 3 billion and EUR 3.4 billion). This is according

about 2 years ago
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