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Outlook & Strategy

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LyondellBasell Buys Power from Ecowende Offshore Wind Farm
Outlook & Strategy

LyondellBasell Buys Power from Ecowende Offshore Wind Farm

International chemical company LyondellBasell has agreed to purchase a portion of electricity generated by the Ecowende wind farm in the Dutch North Sea. LyondellBasell signed a 15-year power purchase agreement (PPA) with Eneco, the energy company building the wind farm in the coming years together

about 2 years ago
Windar Renovables Starts Work on New Monopile Factory in Spain
Outlook & Strategy

Windar Renovables Starts Work on New Monopile Factory in Spain

Windar Renovables has started preparatory work to construct a new monopile factory in Asturias, Spain. Windar Renovables acquired the construction site on the right bank of the Avilés estuary last March. This land, with a surface area of more than 400,000 square metres, includes several manufacturin

about 2 years ago
Norway Tackles the LCOE Challenge in Floating Offshore Wind Head On
Outlook & Strategy

Norway Tackles the LCOE Challenge in Floating Offshore Wind Head On

In the quest to bring down the cost of offshore wind, Norwegian companies are innovating on several fronts, including cutting-edge floating foundation designs. Most wind energy experts agree: Floating offshore wind holds great promise, but costs must drop dramatically if floating solutions are to be

about 2 years ago
Mammoet Samyang
Outlook & Strategy

Mammoet Enters Offshore Wind Partnership with South Korean Company

The Netherlands-based logistics company, Mammoet, and Samyang Marine Group have entered into a partnership to provide heavy lifting and transport solutions for South Korea’s offshore wind sector. The collaboration is set to establish Offshore Service Port (OSP) facilities to serve projects across se

about 2 years ago
Ørsted
Outlook & Strategy

Global Offshore Wind to Top 520 GW by 2040, Floating Wind to Play Major Role – Rystad Energy

According to Rystad Energy, global offshore wind capacity will surpass 520 GW by 2040, with floating wind installations nearing 90 GW by that time. In 2023, the offshore wind sector saw a seven per cent increase in new capacity additions compared to the previous year, said Rystad Energy. This moment

about 2 years ago
Tahkoluoto, Finland's first commercial offshore wind farm.
Outlook & Strategy

Finland Unveils 17-Point Action Plan to Promote Offshore Wind

On 20 August, Finland’s Ministry of Economic Affairs and Employment published an action plan focused on advancing the offshore wind industry in the country. The plan outlines 17 proposals, emphasizing that the development of offshore wind farms will be driven by market conditions. In October 2023, t

about 2 years ago
ABP FibreMax
Outlook & Strategy

UK Ports and FibreMax Sign Floating Offshore Wind MoU

Associated British Ports (ABP) and Dutch synthetic mooring solutions provider, FibreMax, have signed a Memorandum of Understanding (MoU) to investigate development opportunities at ABP’s Port of Swansea, as well as the growing potential for floating offshore wind in the region. The partnership aims

about 2 years ago
Pilot Energy to Take Full Ownership of Australian Offshore Wind Project
Outlook & Strategy

Universities Launch Australian Centre for Offshore Wind Energy

Several universities from Australia have teamed up to launch the Australian Centre for Offshore Wind Energy (ACOWE), aimed at tackling key challenges in the country’s offshore wind sector. The Centre involves collaboration between the University of Melbourne, Deakin University, Federation University

about 2 years ago
Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind
Outlook & Strategy

Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind

about 2 years ago
Interview with Rovco CEO: New technologies can close huge offshore wind skills gap
Outlook & Strategy

Interview with Rovco CEO: New Technologies Can Close Huge Offshore Wind Skills Gap

New technologies have the ability to massively close the huge skills gap and shortage of workers that is looming over the offshore wind industry, allowing 10 to 17 times more work to be done by one person, according to Brian Allen, CEO of Rovco, a UK company focused on automating offshore wind servi

about 2 years ago
Green Marine UK’s Hydrogen CTV Retrofit Initiative Receives RINA’s Blessing
Outlook & Strategy

Green Marine UK’s Hydrogen CTV Retrofit Initiative Receives RINA’s Blessing

Green Marine UK’s initiative aiming to retrofit CTVs with hydrogen, fuel cells and battery, to cut emissions while servicing offshore wind farms, has been granted AiP by RINA.

about 2 years ago
Entrion Wind Simply Blue
Outlook & Strategy

Entrion Wind, Simply Blue to Jointly Evaluate 100-Metre Depth Foundation Tech Feasibility

Entrion Wind has joined forces with the offshore wind developer, Simply Blue Group, to explore the feasibility of the Fully Restrained Platform (FRP) monopile foundation technology. Entrion Wind is developing the FRP which combines fixed and floating platform technologies extending the water depths

about 2 years ago
ocean winds windfloat
Outlook & Strategy

Ocean Winds, Martifer Join Forces for Portugal’s First Offshore Wind Tender

Ocean Winds and Martifer Renewables & Energy have formed a strategic partnership to jointly participate in Portugal’s first tender for offshore wind farms, set to take place this year. As the industry anticipates the final criteria for the tender, Ocean Winds, a joint venture between EDP Renewables

about 2 years ago
A photo of the Blyth Offshore Demonstrator project
Outlook & Strategy

EDF, Repsol Team Up for Iberian Offshore Wind Tenders

EDF Renewables and Repsol have signed an exclusivity agreement to collaborate on future offshore wind tenders in Spain and Portugal. According to the press release, this collaboration combines Repsol’s commitment to multi-energy growth and its knowledge of the Spanish and Portuguese markets with EDF

about 2 years ago
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