BP and Equinor are in the process of renegotiating the power purchase agreements (PPAs) for their joint offshore wind projects in the USA, according to Reuters. The partners do not plan on developing the projects off the US East Coast unless they meet the ”return thresholds of 6% to 8%”, Reuters quo
Technip Energies has signed a Memorandum of Understanding (MoU) with the yard infrastructure provider, Young Chang, and heavy lifting solutions provider, Sarens, to collaborate on floating offshore wind projects offshore South Korea. Carl Sarens, Managing Director of Sarens Projects, said: ”We are l
The US Bureau of Ocean Energy Management (BOEM) has announced three final wind energy areas (WEAs) offshore Delaware, Maryland, and Virginia, which, if fully developed, could support between 4 GW and 8 GW of offshore wind capacity. The three WEAs total approximately 356,550 acres. The first WEA (A-2
Spain-headquartered Iberdrola has secured a EUR 500 million loan from Citi, partly guaranteed by the Norwegian Export Credit Agency (Eksfin), to support the development of the 1.4 GW East Anglia Three offshore wind farm in the UK. The loan has a drawdown period of two years. According to Iberdrola,
French transmission system operator Réseau de Transport d’Electricité (RTE) has issued a contract notice seeking contractors to perform unexploded ordnance (UXO) survey for the connection of the AO6 Méditerranée and AO7 Oléron offshore wind farms. Through this contract notice, RTE’s objective is to
Fugro has reported a revenue of over EUR 1 billion for the first half of 2023, representing a 24.1 per cent growth from EUR 833 million in the first half of 2022, said to be due to continued high client demand in energy markets, in particular for offshore wind site characterization solutions and rel
Anma Offshore Wind has completed the final Environmental Impact Assessment (EIA) in relation to its 532 MW offshore wind farm, in consultation with South Korea’s Ministry of Environment. This is the result of a 15-month-long consultation process which began with the submission of the draft EIA in Ap
Ocean Winds, a joint venture between EDP Renewables and Engie, has started geotechnical surveys at the Caledonia offshore wind farm site in Scotland. Sediment from deep borehole samples from across the Moray Firth site should provide geotechnical data to allow further planning of the project’s engin
Nexans is investing in a new third-generation cable-laying vessel in order to, as the company says, support a record project backlog and meet future needs of offshore wind and interconnector projects. According to Nexans, building upon the cutting-edge technology featured on the flagship vessel Nexa
A floating Light Detection and Ranging (LiDAR) buoy has been deployed in waters off the coast of Brindisi, Italy, to conduct surveys and preparations for the construction of the Kailia Energia and Lupiae Maris floating offshore wind farms. Equipped with fully autonomous remote sensing devices, the b
Corio Generation wants to install up to 3 GW of offshore wind in the Philippines and is preparing to bring forward offshore wind projects for upcoming auctions in the country, the company said on 19 July. The developer aims to develop up to five projects under the Philippines’ wind energy service co
DP Energy and SBM Offshore have formed a joint venture to pursue floating wind opportunities in Nova Scotia, Canada. The two partners now plan on taking early steps that would help establish a floating wind industry in Nova Scotia, including contributing to the implementation of the environmental, r
Ørsted has filed a complaint against Cape May County with the Superior Court of New Jersey as the developer has not yet received a permit required for investigation works at a section of a county road. The company says this is creating “a cascading and adverse effect” on the recently approved 1.1 GW
Toshiba and GE plan to start producing nacelles for GE’s Haliade-X offshore wind turbines in Japan in 2026 and to start gathering local suppliers with capabilities to deliver nacelle components before that, Nikkei reports. The Japanese and the US company signed a strategic partnership agreement in 2
