This is an article following Day 1 updates of the New York Bight offshore wind lease sale. To read the updates from Day 2 and Day 3, or news on the final results of the lease sale, go to the articles below: The biggest offshore wind lease sale ever organised in the US is resuming […]
The US Bureau of Ocean Energy Management (BOEM) has deemed 25 companies and consortia eligible to bid in today’s New York Bight offshore wind lease sale, including some of the biggest offshore wind and Big Oil names. Shell, BP, and Equinor, alone or through joint ventures, are competing for acreage
Chinese wind turbine manufacturer Dongfang Electric Corporation (DEC) has manufactured its first 13 MW typhoon-resistant offshore wind turbine. Developed in-house by DEC, the 13 MW model is based on the company’s 10 MW offshore direct-drive platform. The new model features 103-metre blades, also dev
Fred. Olsen Windcarrier ASA has decided to postpone the planned initial public offering (IPO) of shares and the listing on the Oslo Stock Exchange. Fred. Olsen Windcarrier owns and operates three transport and installation jack-up vessels – Bold Tern, Brave Tern, and Blue Tern. It is wholly owned by
German energy company Uniper and compatriot steel manufacturer, Salzgitter AG, have concluded a cooperation agreement with the aim of Uniper supplying the SALCOS project in Salzgitter with green hydrogen at competitive conditions for the production of climate-compatible steel. The cooperation is foc
Japan’s Mitsui O.S.K. Lines (MOL) and Toyo Construction have signed a Memorandum of Understanding (MoU) to evaluate potential collaboration with the aim of commercializing vessels used in the construction of offshore wind projects in Japan and overseas. The companies said they will meet the demand f
RWE Renewables and India’s integrated power company Tata Power have entered into a partnership to explore the potential for a joint development of offshore wind projects in India. The partnership was forged after Tata Power Renewable Energy Limited, a wholly owned subsidiary of Tata Power, and RWE R
Norwegian maritime group Wilhelmsen, which holds ownership stakes in Edda Wind and NorSea Wind, has acquired a 21 per cent stake in the compatriot subsea contractor Reach Subsea to position itself in the renewable value chain and explore the remote subsea concept. As disclosed, Wilhelmsen and Reach
Following the news that Spanish wind turbine tower manufacturer, Windar, will build a factory in Poland, Polish Offshore Wind Energy Society (PTMEW) said via social media that there was another agreement for a factory of this kind in the country between its supporting member Agencja Rozwoju Przemysł
Italy-based subsea power cable supplier, Prysmian, has signed a purchase agreement with Commercial Development Company (CDC) for a site at Brayton Point in Somerset, Massachusetts, which housed a now-closed coal-fired power plant and will soon be home to a USD 200 million offshore wind cable factory
Spain-based company Windar Renovables has decided to invest EUR 80 million to build a new offshore tower factory in Poland to serve the emerging offshore wind industry in the Baltic Sea. Construction works are slated to begin this year, while the production is expected to start in early 2024, as of
Floating wind technology development will enable the levelised cost of energy (LCOE) to drop below USD 100/MWh by 2025 and under USD 40/MWh in 2050, which will further drive, together with some other factors, an increase in cumulative installed capacity to 264 GW by 2050, according to a report from
Renewable energy consultancy and service provider Natural Power and offshore wind engineering company Keystone Engineering have formed a partnership to pursue and collaborate on technical consulting and advisory business opportunities in the US offshore wind market. According to Natural Power, their
A report just released by World Forum Offshore Wind (WFO) states that China connected 12.7 GW of new offshore wind capacity to its grid last year. This is 4.2 GW less than reported last month based on data from China’s National Energy Administration. China grew with 12,689 MW of newly installed capa
