Japan has added 572.3 MW of new wind capacity in 2023, resulting in a total operational wind energy capacity of 5,213.4 MW for the first time, according to preliminary data published by the Japan Wind Power Association (JWPA). As for offshore wind, the country had 153.5 MW of installed capacity at t
Denmark-headquartered Ørsted has revealed a substantial revision of its plans, including a reduced 2030 renewable energy target, job cuts, exit from several markets, and “leaner development” within floating offshore wind and Power-to-X. As a result of the business plan approved by Ørsted’s Board of
The Connecticut Wind Collaborative has been launched with the formation of an initial board of directors. The collaborative is part of the state’s offshore strategic roadmap, announced last October, which calls for the new nonprofit to work collaboratively with various parties and stakeholders to ad
Norway-headquartered Deep Wind Offshore has entered into a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind. EU has set a target of 200 million tonnes of hydrogen produced from renewable energy by 2030. The European Commission launched an action plan that could
Offshore wind farms in the German and Dutch North Sea generated over 30 TWh of renewable power, according to the German-Dutch transmission system operator (TSO) TenneT. The TSO transmitted around 19.24 TWh of wind energy from the German North Sea to land in 2023 and another 11.54 TWh entered the Net
Jörg Singer, chairman of German offshore wind-to-hydrogen initiative AquaVentus has called for a timely tender for the expansion of offshore electrolysis, saying that the imminent start of the auction for the Noth Sea region SEN-1, a 100 km2 area in the North Sea designated for hydrogen production,
Plenitude, a Benefit Corporation company of the Italian oil and gas major Eni, has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of wind projects offshore Spain. The agreement with Plenitude bolsters the join
Europe’s offshore wind industry brought online a record 4.2 GW of new capacity in 2023 and is expected to build around 5 GW of offshore wind annually over the next three years, according to WindEurope data. However, this is still not enough to meet the continent’s 2030 climate and energy security ta
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
The Dutch offshore wind foundation manufacturer, Sif, and its compatriot Ballast Nedam have signed a memorandum of understanding (MoU) as part of the process of developing a joint venture that specialises in the decommissioning of obsolete and aged offshore wind farms. Named BNS Decom, the joint ven
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
Northland Power has closed the transaction with Gentari International Renewables through which Gentari acquired 49 per cent of Northland’s ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest in the overall project and will continu
South Korean Taihan Cable & Solution has acquired what is said to be Korea’s only cable-laying vessel (CLV) for the offshore wind market. Taihan, which announced the purchase on December 20, bought the vessel for approximately USD 38.4 million (EUR 34.7 million). The CLV, equipped with self-propulsi
