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Business & Finance

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A bp facility with the company's logo
Business & Finance

BP to Form Global Floating Wind Team

The original article published on 14 October has been updated following the news that BP has qualified as an eligible bidder for the first offshore wind lease sale in California. BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind,

about 3 years ago
Hexicon TwinWind Technology, Ingka
Business & Finance

AvenHexicon Moves Forward with Floating Wind Projects Offshore Italy

Sweden-headquartered Hexicon has unveiled that its Italian joint venture secured priority rights for two areas to develop floating offshore wind farms in Italy. The first area, located south of Sicily, is 346 square kilometres and has the potential for about 1.2 GW of capacity, while the second area

about 3 years ago
Seajacks Zaratan at Akita Port
Business & Finance

Japan to Get New Offshore Wind Training Centre in Akita

Nippon Yusen Kaisha (NYK), together with Nippon Marine Enterprises, has announced that it will establish a training centre for offshore wind power generation in Akita Prefecture, Japan. The consortium was selected in a public offering for subsidized projects in the 2022 Subsidy for Offshore Wind Pow

about 3 years ago
Cadeler F-Class Newbuild Booked Until 2030
Business & Finance

Cadeler F-Class Newbuild Booked Until 2030

Danish wind farm installation vessel owner and operator Cadeler has announced an agreement with an undisclosed customer that secures the utilization of the company’s F-class vessel for a period of up to four years. The agreement comes with a minimum guaranteed utilization and a high level of flexibi

about 3 years ago
Photo from Borkum Riffgrund 2 which came into operation in 2018.
Business & Finance

Westwood: Current Leasing Rounds Hold 135 GW of New Offshore Wind Capacity

The offshore wind sector is witnessing accelerated growth both in the size and number of new projects, as well as in new markets, with 135 GW of new capacity now available in leasing rounds around the world, according to new analysis from the energy market research firm Westwood Global Energy Group.

about 3 years ago
Swiss-Norwegian Partnership Targets Floating Offshore Wind Foundations
Business & Finance

Swiss-Norwegian Partnership Targets Floating Offshore Wind Foundations

Swiss construction company Implenia and Norway’s WindWorks Jelsa (WWJ) have signed a Memorandum of Understanding (MoU) to jointly offer the production of concrete structures and general services to the floating offshore wind industry in Jelsa, on the Norwegian west coast. Implenia and WindWorks Jels

about 3 years ago
Refined Areas of Search
Business & Finance

Crown Estate Updates Celtic Sea Lease Areas

The Crown Estate has refined the “Areas of Search” for the development of floating offshore wind in the Celtic Sea, as part of the work toward holding a seabed leasing round for 4 GW of floating wind next year. Following the announcement in July of five broad “Areas of Search”, the Crown Estate has

about 3 years ago
Forth Green Freeport Consortium Unveils Details for Rosyth Development
Business & Finance

Forth Green Freeport Consortium Unveils Details for Rosyth Development

The consortium behind the Forth Green Freeport project in Scotland, which submitted a bid for the development to the UK and Scottish governments in June, released details for the major enhancement of the Rosyth port and waterfront areas within Fife that would support the offshore wind industry. The

about 3 years ago
SSE Renewables' offshore wind farm
Business & Finance

BREAKING: SSE, Equinor Plan 1.3 GW Dogger Bank D Offshore Wind Project

SSE Renewables and Equinor are looking into building what would be the fourth part of Dogger Bank Wind Farm, the world’s largest offshore wind farm, whose three phases (A, B and C) are currently under construction. Surveys are now underway at an offshore site where the partners want to develop Dogge

about 3 years ago
RWE MPS PelaFlex
Business & Finance

RWE to Gauge Welsh Supply Chain Capabilities for 1 GW of Floating Wind

RWE has signed a contract with UK-based Marine Power Systems (MPS) to explore the feasibility of deploying up to 1 GW of floating wind in the Celtic Sea, using local ports and supply chain. The company has commissioned MPS to develop a project plan for delivering up to 1 GW of floating wind using th

about 3 years ago
Deep Wind Offshore
Business & Finance

Norwegian Developer Secures Site for Gigascale Wind Project Off South Korea

Deep Wind Offshore has secured site exclusivity for gigawatt-scale wind development in the Southern Sea offshore South Korea. A few months ago, the Norwegian developer signed a Memorandum of Understanding (MoU) with East West Power to collaborate on four projects totalling more than 4 GW of floating

about 3 years ago
Salem Harbor Wind Terminal
Business & Finance

Salem Harbor Wind Terminal Powers Ahead

Crowley has completed the purchase of 42 acres in Salem, Massachusetts, which will serve as the future home of the Salem Harbor Wind Terminal, the second major offshore wind port terminal in the state. The terminal site project will result in the redevelopment of the former Salem Harbor Station, a d

about 3 years ago
Lord Callanan on Streamlining UK Offshore Wind Permitting: There Is No One Silver Bullet to Solve the Problem
Business & Finance

Lord Callanan on Streamlining UK Offshore Wind Permitting: There Is No One Silver Bullet to Solve the Problem

The UK is keen on speeding up the buildout of offshore wind farms in its territorial waters, a goal that was more firmly set in the new Growth Plan that contains a list of offshore wind projects to be accelerated. However, to do so, the country needs to take on the difficult task of tackling [&helli

about 3 years ago
Aker and Strathclyde Uni Kick Off Turbine Blade Recycling Project
Business & Finance

Aker Solutions and Balfour Beatty Enter Offshore Wind Partnership in UK

Norway-headquartered Aker Solutions and the construction company Balfour Beatty have signed a Memorandum of Understanding (MoU) to deliver end-to-end design and construction services to the UK offshore wind industry. Under the MoU, the partners will focus on concrete floating and gravity-based offsh

about 3 years ago
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