China connected 16.9 GW of offshore wind capacity to the grid in 2021, the latest data from the country’s National Energy Administration has shown. Back in 2020, China installed then record 3,060 MW of new offshore wind capacity, reaching 9,898 MW of installed capacity at the end of that year. China
Ørsted and Germany-based steel producer Salzgitter AG have entered into a strategic partnership which will see the two companies working on establishing closed value chains in their business relationships, revolving around offshore wind and steel production. The companies have signed a memorandum of
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded GBP 31.6 million (approximately EUR 37.7 million) in grant funding to eleven projects through the Floating Offshore Wind (FOW) Demonstration Programme. With an aim of reducing costs as well as increasing the rate of de
The Pentland Floating Offshore Wind Demonstrator has been awarded GBP 9.6 million of UK government funding to develop and demonstrate a suite of UK-manufactured innovative floating wind technologies for the first time. The Floating Offshore Wind (FOW) Demonstrator Programme funding provided through
Haizea Bilbao, a subsidiary of Haizea Wind Group, has entered into an agreement with Ørsted for an undisclosed offshore wind project for which the Spain-based company will manufacture and deliver monopiles. The contract, which is subject to final investment decision by Ørsted on the project, is the
The UAE-based offshore construction and fabrication specialist Lamprell has entered into exclusive negotiations as a preferred supplier with an international client in the offshore wind industry for what the company describes as ”a very large contract.” Lamprell said it will now work with the client
The Finnish government has granted a research permit to wpd Finland Oy for an offshore wind area west of Jakobstad in Finland’s exclusive economic zone. wpd Finland Oy was granted the permit on 20 January. The week prior, OX2 Finland Oy received permits for two projects in the research areas west of
After signing a memorandum of understanding (MoU) with Korea’s state-owned utility provider Korea Southern Power (KOSPO) for joint development of a 800 MW wind project offshore Incheon City a few days ago, Ørsted has also signed an MoU for the project with Korea Midland Power (KOMIPO), both part of
Wind turbine manufacturer Siemens Gamesa Renewable Energy has reported a EUR 309 million loss in the preliminary results for the first quarter of the Fiscal Year 2022 (October 2021 – December 2021). According to Siemens Gamesa, the company’s performance in Q1 FY 2022 was negatively impacted by suppl
The following is a guest post by Westwood Global Energy Group’s Senior Analysts Michelle Gomez, Bahzad Ayoub and Ruth Chen. The offshore wind sector had another record-breaking year in 2021. Some 18.6 GW of capacity was put into operation – the industry’s highest level of annual capacity additions.
Danish wind turbine manufacturer Vestas has been named the most sustainable company in the 18th annual ranking of the world’s most sustainable corporations, published by Corporate Knights. The ranking is based on a detailed assessment of 6,914 companies, each with more than USD 1 billion in revenue,
Ørsted has announced that Matthias Bausenwein will step down from his position as President of the Region Asia-Pacific and Chairman of Ørsted Taiwan on 20 January. Bausenwein will return to Europe for family reasons and take on a new role outside of Ørsted, the company said. The search for a success
Crown Estate Scotland (CES) has selected the Ørsted, Falck Renewables, and BlueFloat Energy consortium to enter into an Option Agreement for a new floating offshore wind site off the north-east coast of Scotland. The award for this floating wind site of up to 1 GW in scale has been made through CES’
Ørsted and Korea Southern Power (KOSPO), Korea’s state-owned utility provider, have signed a memorandum of understanding (MoU) to jointly develop an 800 MW offshore wind project in Ongjin county, Incheon. The 800 MW offshore wind project is part of the 1.6 GW Incheon projects. In addition, the total
