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Outlook & Strategy

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Ocean Winds Bolsters Brazil Offshore Wind Ties
Outlook & Strategy

Ocean Winds Bolsters Brazil Offshore Wind Ties

Ocean Winds, a 50:50 joint venture between EDP Renewables and Engie, has signed two agreements related to offshore wind development in Brazil. Ocean Winds has joined forces through a Memorandum of Understanding (MoU) with the local company Prumo Logistica. The goal is to exchange pertinent informati

about 3 years ago
Neoenergia Rio Grande do Nort MoU
Outlook & Strategy

Brazilian State Signs Offshore Wind MoU with Neoenergia

Neoenergia, Iberdrola’s renewable energy development arm in Brazil, and the Rio Grande do Norte Government have signed a memorandum of understanding (MoU) to explore the development of offshore wind projects. The MoU was signed 14th edition of Brazil Windpower and the ceremony was attended by Neoene

about 3 years ago
Mitsui O.S.K. Lines Invests in Dutch Floating Offshore Wind Turbine Tech
Outlook & Strategy

Mitsui O.S.K. Lines Invests in Dutch Floating Offshore Wind Turbine Tech

Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that it will invest in Dutch floating wind technology developer TouchWind and will obtain a minority share in the company. TouchWind is developing a floating wind turbine with a tilting, angled one-piece rotor. A small-scale prototype

about 3 years ago
WES Starts Testing Combined Floating Wind and Wave Energy Models
Outlook & Strategy

WES Starts Testing Combined Floating Wind and Wave Energy Models

Wave Energy Scotland (WES) has started a series of tank tests of floating wind and wave energy structures at the University of Edinburgh’s FloWave facility to explore the potential benefits the synergy between the two technologies could bring. The tank tests currently being completed by WES use sea

about 3 years ago
Ørsted Extends Its Offshore Wind Collaboration with Hitachi Energy
Outlook & Strategy

Ørsted Extends Its Offshore Wind Collaboration with Hitachi Energy

Hitachi Energy and the Danish renewable energy developer, Ørsted, have extended their long-standing collaboration for offshore wind farms for three more years. Under the extended framework agreement, Hitachi Energy will continue to support Ørsted’s global offshore wind farms. At a visit to Hitachi E

about 3 years ago
Deep Wind Welcomes New Offshore Wind Investor
Outlook & Strategy

Deep Wind Welcomes New Offshore Wind Investor

Offshore wind developer, Deep Wind Offshore, has secured Octopus Energy as a new investor to accelerate international expansion and strengthen Norwegian projects, according to the company. Octopus Energy will join the ownership side of the company, Deep Wind Offshore said, together with the existing

about 3 years ago
An offshore wind farm
Outlook & Strategy

South Australian Gov’t Rejects Offshore Wind Project Application, Asks Federal Gov’t to Move Declared Development Zone Out of State Waters

The South Australian (SA) government has rejected a proposal by Skyborn Renewables and Australis Energy for an offshore wind farm to be built off the state’s coast and has also submitted a document to the federal government in which it expresses its opposition to the Southern Ocean offshore wind dev

about 3 years ago
Scots Commission Study to Help SMEs in Offshore Wind
Outlook & Strategy

Offshore Wind Could Secure Scottish Green Hydrogen Potential – Report

New and existing offshore wind farms could help generate large amounts of green hydrogen and support the UK and EU meet their net zero targets, if the necessary infrastructure can be put in place, according to a new report commissioned by Crown Estate Scotland. The “Commercial Models for Future Hydr

about 3 years ago
Virginia's two Offshore Wind turbines installed
Outlook & Strategy

US Government to Fund Research to Improve Offshore Wind and Marine Energy Deployments

The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States. The agencies will launch the upcoming f

about 3 years ago
Atlantic Shores Offshore Wind Inks MoU with New Jersey Unions
Outlook & Strategy

Support for Offshore Wind in New Jersey Drops, Industry Points to Effect of Misinformation

The number of New Jersey residents who support offshore wind fell by more than 20 per cent since 2019, from 76 per cent four years ago to just over half (54 per cent) now, and the number of those opposing offshore wind has climbed from 15 per cent to 40 per cent since 2019. This […]

about 3 years ago
Race Bank
Outlook & Strategy

Australia Soon to Move Forward with Two More Offshore Wind Zones

The Australian government will soon launch consultations for two more proposed offshore wind zones, namely the Bass Strait region off Northern Tasmania and the Indian Ocean region off Perth/Bunbury. The government, which has earlier identified six zones, is carrying out consultations as part of the

about 3 years ago
DNV to Support Taiwanese Company’s Diversification into Offshore Wind
Outlook & Strategy

DNV to Support Taiwanese Company’s Diversification into Offshore Wind

DNV has signed a contract with Intercontinental Wind Energy (IWE) to support the Taiwanese company’s diversification into offshore wind turbine jacket fabrication. According to a press release from DNV, the company’s work scope will assist IWE towards Tier-1 supplier status for offshore wind in Taiw

about 3 years ago
South Fork Wind offshore substation
Outlook & Strategy

Ørsted Anticipates Impairments of up to EUR 2.15 Billion on US Portfolio

The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates. The Ocean Wind 1

about 3 years ago
Maersk Supply Service Narrows Down Focus to Offshore Wind and OSVs
Outlook & Strategy

Maersk Supply Service Narrows Down Focus to Offshore Wind and OSVs

Maersk Supply Service will shift its focus to fewer business areas and regions in an effort to increase its presence in core markets, increase synergies in its operations, and improve profitability. Going forward, the company’s two core business areas will be offshore wind and offshore support vesse

about 3 years ago
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