October saw the first offshore construction activity for a commercial scale U.S. offshore wind farm. Two cable layers have commenced the laying of Vineyard Wind’s export cable. This important milestone was also accompanied by complaints around…
Floating wind developer BlueFloat Energy has selected K2 Management as owner's engineer for the development of its first offshore floating wind project in Taiwan ahead of the upcoming round three market auction.With a planned capacity of 1 GW…
Sandbrook Capital has acquired a majority stake in the the Norwegian offshore installation services company Havfram and has committed $250 million to fund the company's future growth.The new capital will be used to build a fleet of vessels for…
Norwegian oil and gas major Equinor on Monday said it was interested in developing a 'gigawatt scale' floating offshore wind project off the coast of Britain in the Celtic Sea in connection with an upcoming seabed leasing round. The project…
A consortium created in 2021 wants to build an offshore wind farm 22 kilometers off the coast of South Taranaki, New Zealand.The consortium, comprising BlueFloat Energy, Energy Estate and Elemental Group, says this is the first of its four offshore…
Specialty chemicals company Evonik has signed a long-term power purchase agreement (PPA) for wind energy with the energy supplier EnBW. The PPA provides Evonik with 100 megawatts (MW) of electricity per year from the new 900-MW He Dreiht wind farm in the German North Sea…
Energy industry expert and assurance provider DNV has completed Lenders’ Technical Due Diligence on Ørsted’s Hornsea 2 project, the world’s largest offshore wind farm in operation.DNV performed an independent energy yield assessment and carried…
Singapore-based Sembcorp Marine said Friday its subsidiary Sembmarine SLP had won a Planned Preventative Maintenance (PPM) contract with the Danish offshore wind developer Ørsted for the Hornsea 2 offshore wind farm, one of the world’s largest…
Cable installation has kicked off at Vineyard Wind, the U.S. first commercial scale offshore wind farm, at a site located 15 miles south of Martha’s Vineyard. Vineyard Wind, the company developing the namesake wind farm, also announced that…
Italian subsea cable firm Prysmian Group said Thursday it has added a new vessel - Barbarossa I - to its fleet.'After the debut of the state-of-the-art 170-meter Leonardo da Vinci [vessel] in August 2021, Prysmian Group’s fleet would seem to be complete…
COPENHAGEN, Nov 3 (Reuters) - Danish energy firm Ørsted on Thursday lifted its profit outlook for the year on the back of high power prices, while third-quarter core earnings slightly lagged expectations on the back of soft performance in its key offshore unit…
Japan’s electricity utility Tokyo Electric Power Company (TEPCO) is set to acquire the Scottish floating wind specialist Flotation Energy. This is TEPCO's first investment in overseas wind power.Floation Energy founders Allan MacAskill and Lord Nicol Stephen developed Kincardine…
Mainstream Renewable Power and Ocean Winds said Wednesday they had signed a seabed lease agreement with Crown Estate Scotland to the value of £36million for the development of a 1.8 GW floating offshore wind farm off Shetland.The companies were…
Italian energy industry services firm Saipem said Wednesday it had, in consortium with Bouygues Travaux Publics and Boskalis (BSB), installed and ballasted the Gravity-Based Structures (GBS) foundations for the Fécamp offshore wind farm in Normandy…
Danish wind turbine maker Vestas reported on Wednesday a wider-than-expected operating loss for the third quarter, cutting its full-year outlook due to continued cost inflation and supply chain instability.Vestas cut its 2022 profit margin outlook to minus 5% from previously between minus 5% and 0%…