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UK Investors Buy Stake in World’s Largest Offshore Wind Farm
Octopus Energy Generation, through a joint venture with GLIL Infrastructure, has agreed to acquire a 12.5 per cent stake in the 1.2 GW Hornsea One offshore wind farm from Global Infrastructure Partners (GIP) for a total cash consideration of GBP 400 million (approximately EUR 480 million). Octopus E
Gazelle Modular Hybrid Floater to Be Built in Dubai
Floating offshore wind platform developer Gazelle Wind Power has signed a memorandum of understanding with Ferrofab FZE, a UAE-based engineering and manufacturing firm, to establish a Center for Manufacturing Excellence at the Ferrofab Jebel Ali facility in Dubai. This Center is being established to
Corio, Total Submit Scoping Report for 1.5 GW Outer Dowsing Offshore Wind Project
TotalEnergies and Corio Generation, a portfolio company of Macquarie’s Green Investment Group, have submitted a scoping report to the Planning Inspectorate for the 1.5 GW Outer Dowsing wind project offshore the UK. Following the recent approval by the UK Government of the Crown Estate’s Habitats Reg
Global Offshore Wind Investment Up 52 Pct in First Half of 2022
Investment in the offshore wind sector in the first half of this year amounted to USD 32 billion, 52 per cent more than in the same same period in 2021, according to BloombergNEF (BNEF). The financing of the 1 GW China Three Gorges (CTG) Yangjiang Yangxi Shapa Qingzhouwu Offshore Wind Farm for USD 2
US Congress Receives Another Bill Aiming to Secure Offshore Wind Revenue for GOM States
After a bill on the US coastal states’ revenue from offshore wind projects in the federal waters of Gulf of Mexico (GOM) was introduced last year in the US Senate, a similar bill has now been introduced in the House, seeking not only a revenue share for the states from offshore wind but also an [&he
Subsidy-Free Offshore Wind Power Starts Flowing into Dutch Grid
The 1.5 GW Hollandse Kust Zuid – the world’s first subsidy-free offshore wind farm – has generated first electricity. While still in their testing phase, the first operating turbines are already producing electricity, which is transferred to shore via an offshore transformation station and fed into
13 Bidders Stay in Race to Build Floating Wind Farms Offshore France
The French government has selected 13 companies and consortia to advance to the second phase, the competitive dialogue phase, of the tendering procedure to build two 250 MW floating offshore wind farms in Golfe du Lion in the Mediterranean Sea. The selected candidates include Iberdrola; Vattenfall;
Floating Wind Turbine Prototype Ready for Installation
X1 Wind has laid the dynamic cable for its PivotBuoy floating offshore wind turbine prototype, which is now ready to be installed at the PLOCAN test site off the Canary Islands. The voltage was increased to 20kV with a transformer, to allow the connection to PLOCAN’s smart grid with the 1.4 kilometr
MPS Hires TSC Engineering for Floating Offshore Wind and Wave Energy Tech
Marine Power Systems (MPS) has picked TSC Engineering to provide the design and development of the tensioner deployment system for its floating wind and wave energy project. The company plans to demonstrate the floating platform DualSub which can be configured to harness wind and wave energy or as a
Ørsted Opens Taiwan Offshore Wind O&M Hub
Ørsted has inaugurated the Ørsted Taiwan Offshore Wind Farms Operations and Maintenance (O&M) Hub in the Port of Taichung, Taiwan. The O&M hub is the first operations facility with green design and the largest in terms of size and offshore service capacity in the Asia-Pacific region, the world’s lea
Wood Hired on Scottish Floating Wind Project
The engineering and consultancy company Wood has been awarded a contract for the Salamander floating wind project in Scotland, developed by a joint venture between Simply Blue Group, Ørsted and Subsea 7. For the 100 MW floating wind farm, proposed to be built 35 kilometres off Peterhead on the East
Floating Wind to Power Oil and Gas Production Facility Offshore UK
Cerulean Winds and Ping Petroleum UK have signed an agreement to create one of the UK’s first offshore oil and gas facilities powered mainly by offshore wind. Under the agreement signed in a meeting hosted by the UK Secretary of State, Kwasi Kwarteng, the production facility at Ping Petroleum’s Aval
Update: Sleipnir Starts Installing Gravity-Based Foundations at Fécamp Offshore Wind Farm
This article was updated at 11:19 CET on 2 August. Heerema Marine Contractors’ vessel Sleipnir has started installing the gravity-based foundations at the site of the 500 MW Fécamp offshore wind farm in France, according to an update Heerema posted via social media. Yesterday morning (1 August) HARO
Siemens Gamesa Sinks Further Into Red, Takes Action to Stabilize Business
Wind turbine manufacturer Siemens Gamesa has reported a loss of EUR 343 million pre PPA and before integration and restructuring costs recorded in the third quarter of the Fiscal Year 2022. The company reported revenue of EUR 2.436 billion in the three months up to 30 June, a ten per cent decrease y