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Business & Finance

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Offshore Wind in the Gulf of Mexico: Holistic Project Approach Indicates Promising Opportunity
Business & Finance

Offshore Wind in the Gulf of Mexico: Holistic Project Approach Indicates Promising Opportunity

The following article is a guest post by Kristin Carman, PMP, REP – Offshore Project and Permit Manager DNV Energy USA, Inc. Offshore wind (OSW) development in the Gulf of Mexico (the Gulf) is an opportunity that has, arguably, received less focus than East and West Coast prospects, and one which so

about 3 years ago
offshoreWIND.biz at WindEurope: UK-Netherlands multi-purpose interconnector launches (Video)
Business & Finance

offshoreWIND.biz at WindEurope: UK-Netherlands Multi-Purpose Interconnector Launches (Video)

UK energy market regulator Ofgem has received the application for an electricity interconnector license for the recently announced LionLink multi-purpose interconnector that will connect the UK and the Netherlands. The application was submitted by National Grid Lion Link Limited for a license that w

about 3 years ago
BlueFloat Energy Greenvolt
Business & Finance

BlueFloat Energy, Greenvolt to Jointly Tackle Offshore Wind Projects in Portugal

Spain-headquartered BlueFloat Energy and Greenvolt have joined forces to develop offshore wind projects in Portugal. According to the partners, Portugal holds great potential for offshore wind, which is now recognised by the national policymakers who seek to unlock the potential of this technology t

about 3 years ago
Three Players Pursuing Floating Offshore Wind Opportunities at Barents Sea Oil Field
Business & Finance

Three Players Pursuing Floating Offshore Wind Opportunities at Barents Sea Oil Field

Norwegian oil and gas company Vår Energi has entered into a collaboration with a consortium consisting of Odfjell Oceanwind and Source Galileo to explore opportunities for floating offshore wind through a pilot project at a field located in the Barents Sea off Norway. Vår Energi disclosed the deal

about 3 years ago
Oceans of Energy HKN
Business & Finance

Oceans of Energy to Build Offshore Solar Array at Hollandse Kust Noord Offshore Wind Park

Oceans of Energy has been awarded the contract for installing and operating offshore solar farm inside the Hollandse Kust Noord offshore wind park being developed by CrossWind, a joint venture between Shell and Eneco. This is set to be the first offshore solar farm in the world to be connected, inst

about 3 years ago
Hellenic Cables Secures Nordseecluster Contract with RWE and Northland Power
Business & Finance

Hellenic Cables Secures Nordseecluster Contract with RWE and Northland Power

RWE and Northland Power have selected the Greek cable manufacturer Hellenic Cables as the preferred supplier of the inter-array cables for their up to 1.6 GW Nordseecluster development in the German North Sea, a cluster consisting of four offshore wind farm sites. Hellenic Cables will supply approxi

about 3 years ago
Moray West First UK Round 4 Offshore Wind Project to Reach Financial Close
Business & Finance

Moray West First UK Round 4 Offshore Wind Project to Reach Financial Close

Moray West Offshore Wind Farm, owned by Ocean Winds and minority shareholder Ignitis Group, has secured GBP 2 billion of non-recourse project finance and reached financial close, the developers announced on 21 April and said this was the first project from the UK’s Contract for Difference (CfD) Allo

about 3 years ago
Ørsted and Acciona Team Up to Industrialise Fabrication of Carbon-Neutral Concrete Floating Wind Foundations
Business & Finance

Ørsted and Acciona Team Up to Industrialise Fabrication of Carbon-Neutral Concrete Floating Wind Foundations

Ørsted and the infrastructure division of Spanish Acciona have signed a memorandum of understanding (MoU) to explore options for floating wind foundations, including using carbon-neutral materials and industrialising the fabrication of concrete foundations. Under the MoU, the two companies’ focus wi

about 3 years ago
Havfram Secures Offshore Wind Turbine Transport Contract for 1.6 GW Project in Germany
Business & Finance

Havfram Secures Offshore Wind Turbine Transport Contract for 1.6 GW Project in Germany

RWE and Northland Power have selected Havfram Wind as the preferred supplier for the transport of wind turbines for their Nordseecluster development, a 1.6 GW offshore wind cluster comprising four offshore wind farm sites in the German sector of the North Sea. Starting in 2026, the Norwegian company

about 3 years ago
RWE Signs PPA for Germany’s First Commercial Offshore Wind Farm
Business & Finance

RWE Signs PPA for Germany’s First Commercial Offshore Wind Farm

RWE and Ocean Breeze Energy have entered into a long-term power purchase agreement (PPA) for the BARD Offshore 1 offshore wind farm in Germany, under which RWE Supply & Trading will market the wind farm’s electricity production under the direct marketing scheme, starting this month. RWE also plans t

about 3 years ago
Cable Laying Resumes at Vineyard Wind
Business & Finance

Cable Laying Resumes at Vineyard Wind

Prysmian’s cable-laying barge Ulisse has resumed cable-laying operations at the first U.S. large-scale offshore wind project, located off the coast of Massachusetts. According to the project’s latest mariner update, cable laying operations of the mid-section cable for the Vineyard Wind 1 project wer

about 3 years ago
The Nordsee Ost offshore wind farm
Business & Finance

Mercedes-Benz, Amazon, Frankfurt Airport, Lidl & Kaufland, Vodafone – Giants in Germany Lining Up to Buy Offshore Wind Power

With the latest news about Lidl and Kaufland entering a long-term offshore wind power offtake contract, and Mercedes-Benz announcing the same shortly prior to that, the list of big names signing up to buy offshore wind-generated electricity in Germany keeps growing. What lies behind this are both th

about 3 years ago
A photo of Ocean Winds' Moray East offshore wind farm in Scotland
Business & Finance

Dieppe Le Tréport Offshore Wind Project Nearing Final Investment Decision

The final investment decision (FID) for the Dieppe Le Tréport offshore wind farm is expected to be made in the coming months and set the construction activities on the 496 MW French project in motion this year. This is according to Grzegorz Gorski, Chief Operating Officer at Ocean Winds and chairman

about 3 years ago
496 MW French Offshore Wind Farm Enters Construction Stage
Business & Finance

496 MW French Offshore Wind Farm Enters Construction Stage

The Eoliennes en Mer des îles d’Yeu et de Noirmoutier (EMYN) consortium, comprising Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie, has reached the final investment decision for the Îles d’Yeu and Noirmoutier offshore wind farm in France and thus moved the project into

about 3 years ago
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