Offshore Wind Consultants (OWC) is launching an advisory service to help U.S. offshore wind developers navigate the project regulatory frameworks and permitting processes. The regulatory and permitting advisory service is expected to assist developers through processes at the federal, state and loca
Decisions on how US offshore wind farms will be financed are needed quickly to ensure smooth sailing for a growing number of offshore wind projects, according to a white report released by the Business Network for Offshore Wind (BNOW). “We may hit some windy financing turbulence with the loss of tax
The European Commission has fined General Electric (GE) EUR 52 million for providing incorrect information during the investigation under the EU Merger Regulation of GE’s planned acquisition of LM Wind Power. On 11 January 2017, GE notified its proposed acquisition of the blade manufacturer. In this
German offshore wind developer wpd has signed a share purchase agreement with Starwind Offshore GmbH to sell a 27% stake in the 640MW Yunlin offshore wind project in Taiwan. Starwind Offshore GmbH is a German holding company established jointly between the Japanese companies Sojitz; JXTG Nippon Oil
A Norfolk County Council project to alert SMEs in the region to supply chain opportunities in the offshore wind industry has been approved for GBP 22,000 funding from New Anglia LEP’s first revenue fund. Delivered in conjunction with Vattenfall and Norfolk Chamber of Commerce, this project seeks to
Wave energy technology developer Marine Power Systems (MPS) is expanding into the floating offshore wind sector with two new devices said to offer a solution to wind energy generation challenges in deep waters. The UK company stated that R&D of its wave energy device WaveSub brought to the developme
SeaTwirl, Colruyt Group, and NorSea Group have signed a Letter of Intent to collaborate on financing, developing and installing the SeaTwirl S2-1MW floating wind turbine. The Swedish company has agreed with both Colruyt Group and NorSea Group on their intentions to commit to the financing, developme
40GW of new offshore wind capacity will be installed over the next five years, according to the latest edition of the Global Wind Report issued by the Global Wind Energy Council (GWEC). Overall, offshore wind would represent 15% of total installations each year, GWEC said. GWEC expects increasing of
Ørsted has allocated grants from the sixth round of the Walney Extension Community Fund, set up to support community and environmental projects near the 659MW offshore wind farm in Cumbria, UK. The grants have been awarded to sixteen groups who will each receive a share of the just over GBP 253,000
Taiwan International Ports Corp (TIPC) has signed a Memorandum of Understanding with the Japanese Nissui Marine Kogyo (NMK) to cooperate on offshore wind safety training. Under the deal, the two parties said they will work together to cultivate international talent for the sector by mutual exchanges
DNV GL is set to undertake a third-party verification study of Equinor’s Hywind Tampen floating wind farm in Norway, the world’s first expected to power oil platforms. The independent verification study will ensure that the wind turbines comply with the applicable codes and standards for floating of
Ørsted U.S. Offshore Wind has signed a Memorandum of Understanding (MoU) with Rowan University in New Jersey for research on offshore wind. Under the agreement, Ørsted will support innovative offshore wind engineering clinics for Rowan University students and collaborate with them on research opport
The U.S. National Offshore Wind Research and Development Consortium is allocating up to USD 7 million in funding for offshore wind technology projects. The announcement represents the consortium’s first comprehensive solicitation for offshore wind technology projects as called for in its Research an
Vattenfall will cancel and reissue a number of tenders for the Vesterhav Syd and Vesterhav Nord offshore wind projects in addition to the recently announced construction delay. Due to complications with the project environmental impact assessments (EIA), Vattenfall will reopen the tenders for the pr
