London-headquartered Corio Generation and Daewoo Engineering and Construction (Daewoo E&C) have signed a Memorandum of Understanding (MoU) to jointly develop offshore wind projects in South Korea. Under the MoU, Corio and Daewoo E&C have agreed to explore collaboration opportunities in developing bo
Equinor’s Hywind Tampen, the world’s largest floating offshore wind farm in operation, has started delivering electricity to the Snorre oil and gas field in the Norwegian North Sea. The 88 MW Hywind Tampen delivered first power in November 2022. The electricity was delivered to the Gullfaks A platfo
Renewable energy developer European Energy and offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have formed a long-term strategic partnership to jointly pursue offshore wind opportunities in the Baltic Sea within Lithuania, Estonia, and Latvia. The Baltic stat
The Ports of Rotterdam and Brazil’s Pecém have signed a collaboration agreement on energy projects such as offshore wind and green hydrogen production. The aim of this partnership is to strengthen bilateral cooperation and knowledge and promote public and private initiatives between the Netherlands
Swedish developer OX2 has agreed with Ingka Investments to sell a 49 per cent stake in its three offshore wind projects in Finland with a total installed capacity of about 6,000 MW. The three projects are Halla, Laine, and Tyrsky located in the Gulf of Bothnia in the Finnish Exclusive Economic Zone.
Sharing infrastructure, services and supply chain between wind and wave energy projects can reduce the levelised cost of energy (LCOE) for wind by up to 7% and by up to 40% for wave energy, while the combined LCOE of a shared project can be up to 12% lower than in separate developments, according to
ABB has announced that it will collaborate with Lhyfe and Skyborn to jointly realise and optimise SoutH2Port renewable hydrogen project located in Sweden. Together with Lhyfe and Skyborn, ABB will drive large-scale integration of the production of offshore wind renewable energy hydrogen into the ene
The American Clean Power Association (ACP) has released a report on the US offshore wind market, outlining a rapidly growing pipeline of projects across 32 leases totaling 51,377 MW of expected capacity which is enough to power the equivalent of more than 20 million homes. Altough the US currently l
The offshore wind sector must take action to address a rising tide of mechanical breakdown issues, component failures, and serial defects ensuing from the deployment of ever-larger offshore wind, according to GCube Insurance (GCube), an underwriter for renewable energy projects. GCube’s new report,
Energy UK has warned that the forthcoming Contracts for Difference (CfD) auction will fall well short of delivering the expansion of offshore wind needed to hit the UK government’s 2030 50 GW target. The CfD scheme has played a vital role in the UK’s world-leading expansion of clean energy, in parti
The Massachusetts Department of Energy Resources (DOER) and the electric distribution companies (EDCs) have jointly filed a draft Request for Proposals (RFP) with the Department of Public Utilities (DPU), which if approved, would represent the fourth and largest offshore wind solicitation to date. I
Global energy major Shell is joining the VindØ consortium which is aiming to take a leading role in developing and building Denmark’s first energy island. The announcement follows the Memorandum of Understanding (MoU) which Shell signed in June 2022 to join the VindØ consortium. The other consortium
Nexans Norway has secured NOK 2 billion (around GBP 155 million) in loan guarantees from Export Finance Norway (Eksfin) that will be used for a UK export cable contract. The transaction covers the export and installation of high-voltage subsea cables for the Moray West offshore wind farm off the coa
Fugro has completed what is said to be the world’s first fully remote ROV inspection of an offshore wind farm using its Blue Essence uncrewed surface vessel (USV). The operations were carried out at the Aberdeen offshore wind farm in the North Sea, also known as the European Offshore Wind Deployment
