The EU has added 17 GW of new wind energy in 2023 with 3 GW coming from offshore wind farms, according to WindEurope data. According to the WindEurope data, Germany built the most new wind capacity followed by the Netherlands and Sweden. The Netherlands built the most new offshore wind, including th
Rhode Island Senator Sheldon Whitehouse has released a draft version of a bill that would streamline the offshore wind development process and get new sources of affordable clean energy on the grid. Senator Whitehouse requests feedback on his bill from all stakeholders, including federal, state, and
Eversource Energy expects to record an impairment charge of between USD 1.4 billion and USD 1.6 billion related to three offshore wind projects in the United States the company owns in partnership with Ørsted. The New England utility is currently in the process of divesting its 50 per cent ownership
The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili
Updates on wind turbine technology and new offshore wind projects, including those facing major challenges, marked 2023 on offshoreWIND.biz. In the article below, we have compiled our ten most-read news last year, together with some of their related updates and stories. In February 2023, Vestas reve
Cadeler and Eneti have rang the bell at the New York Stock Exchange as one entity, marking the merger of the two companies and creating a leading offshore wind installation firm. Following the business combination of Cadeler and Eneti, the combined group will be named Cadeler and be headquartered in
As new offshore wind markets keep emerging and targets in established markets keep increasing, questions on how much capacity can actually be installed, especially until 2030 which is just around the corner, have come to the sector’s foreground. The most vocal on the (un)likeliness of the national a
The 288 MW Butendiek offshore wind farm situated in the German North Sea has secured a second long-term Power Purchase Agreement (PPA). Under the new agreement, BKW Energie AG, a Swiss energy utility, will purchase 18 per cent of the wind farm’s total production, equivalent to over 200 GWh annually,
The European Investment Bank’s (EIB) board of directors has approved a EUR 5 billion package of counter-guarantees to help improve access to finance for wind energy equipment manufacturers. The counter-guarantee scheme, which is part of the European Wind Power Package, was announced on 13 December.
Building on a previous collaboration focused on tower foundations and lifting guidelines, Siemens Gamesa and Vestas, facilitated by Energy Cluster Denmark, have signed a new partnership agreement to increase standardisation within the wind industry. Initially, the partners will standardise equipment
The Crown Estate has revealed further details of the Round 5 offshore wind leasing, which will offer three commercial-scale floating wind projects in the Celtic Sea. Located off the coast of South Wales and South West England, the sites will have a combined capacity of up to 4.5 GW, enough to supply
The International Marine Contractors Association (IMCA) has published the “industry’s first” standard contract for transport and installation (T&I) works in offshore wind projects. The contract has been written to ensure a fairer allocation of risk, IMCA said. Building on the organisation’s contract
The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other.
Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi
