According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estimated total investment of USD 20 billion (approximately EUR 18.6 billion). According to the report, over 120 substations will be installed bet
Four new challenges, which aim to push the boundaries of innovation in floating offshore wind, have been launched in the NOW Accelerator programme. Presented by industry players Vattenfall and Seagust, Equinor, Deep Wind Offshore and EDF Renewables, and Å Energi and Corio, the four new challenges ar
Danish wind turbine manufacturer Vestas has unveiled its plans to establish a single organisation that will encompass technology, manufacturing, and global procurement to accelerate ramp-up and industrialisation. The company is merging its technology organisation (CTO) and manufacturing and global p
Beatrice Offshore Windfarm Limited (BOWL), the operator of an 85-turbine wind farm off northeast Scotland, has agreed to make a payment of GBP 33.14 million (approximately EUR 39 million) after admitting it breached energy market rules. BOWL, the operator of the 588 MW Beatrice offshore wind farm, a
The Offshore Renewable Energy (ORE) Catapult and the Net Zero Technology Centre (NZTC) have launched the INTOG Innovation Network, focusing on maximising the impact of commercial, pilot scale, innovative, floating wind projects through the Innovation and Targeted Oil and Gas (INTOG) leasing process.
Integrated Wind Solutions (IWS) has entered into a strategic partnership agreement with Sumitomo Corporation for the Japanese company to take a 25.38 per cent stake in IWS’s subsidiary IWS Fleet. IWS Fleet will raise EUR 60 million in equity by issuing new shares to Sumitomo Corporation based on a p
F.lli Righini Srl has successfully completed a major project awarded in 2022 by Heerema Marine Contractors. The scope of work for the Italian supplier included engineering, fabrication, and testing of highly innovative tools: a Monopile Lifting and Upending Tool and a Monopile Tip Lifting Tool. The
The construction of offshore wind farms in South Korea could introduce over 770,000 job opportunities and contribute KRW 87 trillion (approximately EUR 65 billion) worth of investments into the economy, according to two reports from the Global Wind Energy Council (GWEC). GWEC’s new reports reveal th
Ports from across Scotland have launched the Scottish Offshore Wind Ports Alliance (SOWPA) which aims to optimise the opportunities from offshore wind. The alliance comprises 13 ports, including Kishorn Port, the Port of Nigg, Ardersier Port, Port of Cromarty Firth, Port of Inverness, and Scrabster
Norwegian Offshore Wind (NOW) has launched a new crowdsourcing campaign with innovation scale-up Wazoku, aiming to capture new ways to manage emergencies on full-scale floating offshore wind turbines. The challenge, named ‘Floating Offshore Wind-Safe Solutions for Black Swan Events’, calls for solut
In a completely new chapter for offshore wind foundations, Davi has joined forces with Sif Group in an ambitious project that recently achieved a notable milestone. The completion of the Factory Acceptance Tests (FAT) for four state-of-the-art, custom-designed Plate Rolls signifies a crucial step fo
In remarks at the International Partnering Forum conference in New Orleans, Louisiana, the US Secretary of the Interior Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind ener
Denmark has opened a new offshore wind tender, the country’s largest ever, offering a minimum of 6 GW of new capacity spread over six wind farms, with the overplanting option allowing for 10 GW or more of new capacity to be added. The Danish Energy Agency published the tender for the wind farms loca
RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published an Industrial Growth Plan, setting out how to triple offshore wind manufacturing capacity over the next ten years in the UK. The UK offshore wind industry already employs 32,000 people and each
