Offshore Wind News

 

"World's Most Powerful Floating Wind Turbine" Sets Sail

Aug 19, 2024

OceanX, which is reported by its developer MingYang Group to be the world's largest single capacity floating wind power platform, embarked on its journey from Guangzhou to the Yangjiang Mingyang Qingzhou IV offshore wind farm in Guangdong, China…

Cost of US-built WTIV Charybdis Balloons to $715 Million

Aug 19, 2024

The cost to construct the United States' first domestically built wind turbine installation vessel (WTIV), Charybdis, has risen to $715 million, Dominion Energy revealed in its latest quarterly results, marking another snag for the fledgling U…

Crowley Breaks Ground on Salem Offshore Wind Terminal

Aug 19, 2024

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port…

Start-Up Aims for Free-Range Wind Farms via Sailing Vessels

Aug 18, 2024

British startup DRIFT Energy has closed a seed funding round for making green energy at sea using hi-tech sailing vessels.Led by Octopus Ventures, one of the largest and most active venture capital investors in the UK and Europe, and with support from Blue Action Accelerator…

A Look Inside the East Asia & Pacific Offshore Wind Markets

Aug 16, 2024

Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and…

China’s First Offshore Wind Power SOVs Delivered

Aug 16, 2024

AUGUST 16, 2024 - Today, the first two China-built offshore wind power SOVs (Service Operation Vessels) ZHI ZHEN 100 and ZHI CHENG 60 was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co., Ltd. to Shanghai Electric Wind Power Group Co…

Shipbuilding: Wind Turbine Installation Vessel Delivered to Cadeler

Aug 16, 2024

Cadeler took delivery of the fifth and newest addition to its fleet – Wind Peak, the first of seven newbuilds for which Cadeler currently has signed contracts. The P-class jack-up installation vessel was built at COSCO Shipping Heavy Industry (COSCO) shipyard in Qidong…

Orsted Might Consider Chinese Turbines

Aug 15, 2024

Offshore wind farm developer Orsted has no Chinese turbines in its current project pipeline, its CEO said on Thursday, but did not rule out buying turbines or technology from China in the future.The European wind turbine market is dominated by local players such as Vestas and Siemens Gamesa…

Ørsted Delays US Offshore Wind Project as Impairment Losses Hit

Aug 15, 2024

Renewable energy group Orsted booked 3.2 billion Danish crowns ($472 million) in impairment losses in the second quarter, due partly to a delay in construction of a major U.S. offshore wind project, sending its shares down almost 8% on Thursday…

Equinor, Dominion Win US Central Atlantic Offshore Wind Auction

Aug 14, 2024

Norway's Equinor and U.S. power company Dominion were the winning bidders in a U.S. government offshore wind auction of two areas off the coasts of Delaware, Maryland and Virginia, the U.S. Interior Department said on Wednesday.The offshore…

Project Labor Agreement Signed for Salem Offshore Wind Terminal

Aug 14, 2024

Workers, community members, and elected officials have marked the signing of a new Project Labor Agreement (PLA) for the construction of a $300 million maritime terminal that will support the construction of offshore wind farms in Massachusetts…

Poland Launches $5.5B Offshore Wind Loan Plan

Aug 14, 2024

Poland is launching a nearly 5 billion euro ($5.46 billion) programme financed from the European Union's recovery funds to provide loans to builders of offshore wind farms on the Baltic Sea, the state assets ministry and bank BGK said on Tuesday…

Corio Teams Up with Brazilian Shipyard to Assess Its Offshore Wind Hub Potential

Aug 14, 2024

Offshore wind developer Corio Generation, a Macquarie Group company, and Brazilian shipyard and marine construction company Estaleiros do Brasil (EBR) have signed a memorandum of understanding (MoU) to explore how EBR’s facilities could support future offshore wind projects off Brazil’s south coast…

BOEM’s Environmental Analysis Sees No Significant Impacts of Wind Leases Off Oregon

Aug 14, 2024

The Bureau of Ocean Energy Management (BOEM) has concluded that leases for potential offshore wind energy development off the Oregon coast would have no significant impacts to people or environment.BOEM has made available its final Environmental…

Vineyard Wind Cleared to Resume Limited Offshore Turbine Installs

Aug 13, 2024

Vineyard Wind and GE Vernova on Tuesday said U.S. safety officials have allowed them to resume limited construction on an offshore wind farm off the Massachusetts coast where a turbine blade shattered last month.Vineyard Wind, owned by Avangrid AGR…

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