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No Competitive Interest for Gulf of Maine Offshore Wind Research Project
The Bureau of Ocean Energy Management (BOEM) has announced a Determination of No Competitive Interest for a proposed research lease area offshore Gulf of Maine. BOEM’s determination means it will move forward with the State of Maine’s research application, which could be used to inform any future co
Ørsted Takes a Hit Offshore, Still Expects Highest Yearly Operating Profit
World’s leading offshore wind developer Ørsted expects operating profit (EBITDA) for 2022 to total DKK 32.1 billion (EUR 4.3 billion), the company’s highest EBITDA to date, based on preliminary and unaudited reporting. The results are within the latest guidance and above the company’s initial expect
All Good at Hai Long Project, Partners Say as Question Marks Arise Amid Yunlin Issues
Hai Long Offshore Wind, a consortium comprising Northland Power, Yushan Energy, and Japan’s Mitsui & Co., says it is actively working towards reaching the financial close, with a majority of the project financing to be provided by international financial institutions, in addition to the shareholders
Jan De Nul’s Next-Gen Offshore Wind Newbuild Sets Sail to Europe
Jan De Nul’s next-generation floating offshore installation vessel, Les Alizés, sailed out of the China Merchants Heavy Industry’s (CMHI) Haimen shipyard in China on 19 January and is now on its way to Europe, where it will debut on Ørsted’s offshore wind farms in Germany. The CMHI shipyard delivere
Nucor Unveils New Sustainable Steel Product for America’s Offshore Wind Market
Nucor has introduced Elcyon, the company’s new sustainable heavy gauge steel plate product made specifically to meet the growing demands of America’s offshore wind energy producers. Nucor will manufacture Elcyon at the firm’s new USD 1.7 billion Nucor Bradenburg steel mill in Kentucky, which produce
Fincantieri Secures SOV Order from Crowley-ESVAGT JV
Fincantieri, through its US subsidiary Fincantieri Marine Group, has signed a contract with CREST Wind, a joint venture between Crowley and ESVAGT, to design and build a service operation vessel (SOV). The 88-metre vessel will be built by Fincantieri Bay Shipbuilding at its shipyard in Sturgeon Bay,
Acta Marine CSOVs Fleet Starts Taking Shape
The steel-cutting ceremony has kicked off for the construction of the first of two next-generation construction service operating vessels (CSOVs) for Acta Marine at Tersan Shipyard in Türkiye. The 89-metre-long vessels will be equipped with an SMST-provided motion-compensated crane and a motion-comp
‘Normally We Are Competitors’ – Allied European Offshore Wind Ports Ink Declaration as Lack of Port Capacity Looms with Upcoming Projects
“Normally we are competitors. But from today we are also working closely together”, Danish Port of Esbjerg posted on social media as six European wind ports move forward with the alliance established last year to mitigate overcapacitation due to upcoming increasing offshore wind activities. “Europe’
Vestas Sets Sights on South Korea
Danish wind turbine manufacturer Vestas has announced plans to build out a wind energy supply chain in South Korea, adding that the plans are dependent on a growing market for offshore wind in the country. The plans were formalised at a signing ceremony with Vestas CEO Henrik Andersen, and South Kor
UK Round 4 Offshore Wind Winners to Start Paying Option Fees with Lease Agreements Now Signed
The Crown Estate has signed Agreements for Lease for all six offshore wind projects selected in the UK’s Round 4 offshore wind seabed leasing. This enables the developers to now further progress their plans and also kicks off the period in which they will be paying annual option fees of almost GBP 9
Eolus, PNE to Jointly Develop 1 GW Wind Farm Offshore Latvia
Sweden-headquartered Eolus and PNE Group have created a joint venture for developing the Kurzéme offshore wind project in Latvia. Located in the Baltic Sea outside the west coast of Latvia, the wind farm will have the potential to generate 4.5 TWh of renewable electricity per year. The partners said
RWE Signs Lease Agreements for Dogger Bank South Offshore Wind Farms
RWE has signed Agreements for Lease with the UK’s The Crown Estate to develop the two offshore wind farm sites known collectively as Dogger Bank South (DBS). DBS East and DBS West are located over 100 kilometres offshore in the shallow area of the North Sea known as Dogger Bank. Each project could h
Ørsted to Take Full Ownership of Ocean Wind 1 Offshore Wind Project
Public Service Enterprise Group (PSEG) has agreed to sell its 25 per cent equity stake in the 1.1 GW Ocean Wind 1 offshore wind project to Ørsted, providing the Danish company with 100 per cent ownership of the US project. “As Ocean Wind 1 has evaluated the optimal way to move forward, it has become
Watch: Installing the World’s Most Powerful Wind Turbine
At the end of December, the Vestas V236-15.0 MW prototype wind turbine produced its first electricity after being fully assembled at the Østerild National test centre for large wind turbines in Western Jutland, Denmark. With a swept area exceeding 43,000 m2, one single V236-15.0 MW unit is capable o