Europe needs to invest EUR 6.5 billion in port infrastructure by 2030 to deliver the offshore wind expansion targets set out in EU’s Offshore Renewable Energy Strategy, a new report by WindEurope shows. These investments would pay back in just five years, WindEurope said. Europe is embarking on a hu
World Forum Offshore Wind (WFO) has announced the establishment of an Offshore Dispute Resolution Committee (ODRC), which aims to develop alternative dispute resolution mechanisms for the global offshore wind industry. According to WFO, the new mechanisms will be set up to resolve offshore wind proj
Equinor has completed the acquisition of a site at the port of Łeba to serve as the operations and maintenance (O&M) base for the Polish Baltic Sea offshore wind projects. This makes Equinor the first developer to confirm an offshore wind maintenance port in Poland together with the joint venture pa
Ørsted and POSCO Group, one of the largest conglomerates in Korea, have signed a Memorandum of Understanding (MoU) to strengthen collaboration on offshore wind and renewable hydrogen in Korea. POSCO and its affiliates will apply the group’s joint capabilities to support the development of Ørsted’s 1
DNV has signed a non-exclusive Memorandum of Understanding (MOU) with power cable manufacturer LS Cable & System to target emerging cabling opportunities in the offshore wind industry. The MOU comes in response to growing global demand for high-voltage, next-generation power cables with dynamic capa
The UK government has awarded Edinburgh-based company Offshore Survival Systems with funding to develop a first of its kind remotely operated offshore search and rescue service. The service involves using a network of semi-autonomous unmanned rescue vessels (URVs) for search and rescue at sea and wi
Britain’s energy regulators are putting billions of pounds of green infrastructure investment at risk by overseeing an energy market which favours EU energy imports at the expense of home-grown schemes, new research has shown. Electricity generators in the UK pay transmission charges for the cost of
Norseman Wind has announced its decision to apply for a licence to build a 1.4 GW wind farm off Norway. In a press release issued on 25 May, the company said the project would be built and operated without the need for government subsidies. Furthermore, German offshore wind developer EnBW has joined
Forth Ports has revealed plans to invest GBP 40 million (around EUR 46 million) in creating Scotland’s offshore wind hub on a 175-acre site at the Port of Leith. According to Forth Ports, the investment would see the creation of a bespoke, riverside marine berth capable of accommodating the world’s
Digital twin technology developer Akselos and engineering consultancy BEPA have entered into a partnership to work together on the application of Akselos’s Reduced Basis Finite Element Analysis (RB-FEA) technology in the offshore wind sector. According to Akselos, its technology speeds up FEA simula
Spanish company Greenalia, which is developing five floating offshore wind farms in the Canary Islands, has signed a Memorandum of Understanding (MOU) with the Maritime Cluster of the Canary Islands (CMC) to promote industrial development of offshore wind. Under the MOU, the two parties will maintai
BW Ideol has entered into an agreement with an unnamed partner with whom it will bid to build a floating wind farm in France. According to the company, BW Ideol formalised a partnership with “an undisclosed leading utility” during the first quarter of this year. The partners will submit a joint bid
Chemicals giant BASF and RWE have presented a project to build a 2 GW offshore wind farm that would power BASF’s chemical site in Ludwigshafen, Germany, and enable CO2-free production of hydrogen. No public subsidies would be needed for the construction of the wind farm, which is already in the plan
BW Ideol has signed an engineering contract and licence agreement for the EolMed project in France, with the contracts valued at more than EUR 4 million in total. The EolMed project was fully consented in February 2021, BW Ideol writes. The floating wind farm, to be installed in water depths of arou
