The market for offshore wind farm cables is set to grow six-fold over the course of this decade, according to a new report published by RenewableUK. The global market for subsea power cables is divided between array cables which run between the turbines of an offshore wind farm connecting them to th
Vestas has launched a new circularity roadmap detailing a set of commitments to be implemented across the company’s value chain to accelerate the journey to reach zero-waste turbines by 2040. Through the roadmap, Vestas aims to set a new benchmark for the wind industry within circularity and waste r
The World Bank’s Energy Sector Management Assistance Program (ESMAP) has published a report for emerging offshore wind markets, leading them through key factors that led to the success of offshore wind development in established markets. Holding an unrealised potential of over 16,000 GW of technical
The total pipeline of offshore wind projects around the world now stands at 413 GW, new research by RenewableUK’s Project Intelligence team has shown. The pipeline includes projects which are fully operational, under construction, consented or being planned. The UK has a total pipeline of 63.2 GW of
Accelerating the development of robotics and autonomous systems (RAS) will be a significant enabler to reaching net-zero targets, according to new research from the Offshore Renewable Energy (ORE) Catapult, which estimates that the global robotics market in the wind energy industry, both offshore an
Wind turbine prices are expected to increase by up to ten per cent over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges, according to a new analysis from Wood Mackenzie. As noted in a recent Wood Mackenzie report, a rise in steel, co
Standardisation in floating wind, specifically floating wind substructures, is a must if this wind energy technology is to meaningfully contribute to the renewable energy mix in the next decade, according to K2 Management. Although floating wind projects are rolling out worldwide, the technology, an
Upwards of 172,000 more people will need to be trained to GWO standards over the next five years to meet the global offshore wind power market demand in line with health and safety standards, a new report has found. These workers will need to be trained to construct, install, operate and maintain th
Tunisian government officials have taken part in an offshore wind training course organized by the Netherlands, representing the country’s first steps towards offshore wind energy. The Dutch Energy Transition Facility (ETF) organized an offshore wind training course for a group of 20 Tunisian govern
The fiscal year 2020 has ended at Siemens Gamesa Renewable Energy (SGRE), which reported a decline in revenues, but also a record order intake. In its outlook, the wind turbine supplier sees boosts in several markets, such as the green hydrogen plans in the EU, Democrats’ push for net-zero 2050 in t
We are just hours away from the first Offshore Energy Virtual Event and the 14th edition of the Offshore Energy Exhibition & Conference (OEEC) overall. With numerous Live Talk Shows, Showcases, Energy Talks by experts, Live Interviews, Matchmaking, a digital Pub Quiz and a lot more, this edition pro
Wind turbine manufacturer Siemens Gamesa posted EUR 466 million net loss in the third quarter of FY 2020, attributed largely to the effects of the COVID-19 pandemic and challenges in the onshore segment. Between April and June, Siemens Gamesa recorded revenues of EUR 2.411 billion, an eight percent
1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that
Swedish floating multi-turbine platform designer Hexicon AB and South African wind developer Genesis Eco-Energy Developments are joining forces to explore the development of offshore wind in South Africa. The development program will be carried out via a joint venture company in South Africa named G
