DNV has concluded Phase 1 of its joint industry project (JIP) focused on establishing offshore substation standards for the growing floating wind sector. According to DNV’s 2023 Energy Transition Outlook (ETO), floating offshore wind capacity is projected to exceed 260 GW by 2050. Offshore substatio
As construction work continues on New York’s first offshore wind farm, James Fisher Renewables is carrying out its second contract for the project. Following the deployment of the company’s bubble curtain during foundation installation this summer, James Fisher is now engaged in the final cable work
Denmark’s green investment proposal valued at USD 1.3 billion for developing Bangladesh’s first 500 MW offshore wind farm has received government approval to carry out a detailed feasibility study and implement the first phase of development with site exclusivity in the next three years. Denmark’s C
Norway-based Havfram has decided to wind up its business unit dedicated to the early-phase development of offshore wind farms, Kontiki Winds. Moving forward, the company said it would fully focus on the offshore wind transport and installations market. The news came a day after Havfram revealed that
Several days ago, Ørsted called it quits on the Ocean Wind 1 offshore wind farm in the US, with some of the main issues leading to the decision to abandon the project being supply chain bottlenecks, primarily vessel shortages. This has affected not only the now-dropped Ocean Wind 1 but also the comp
Vattenfall and TKF have signed a multi-year partnership for the supply of inter-array cables for offshore wind farms in Europe. The agreement covers the supply of 66 kV inter-array cables and will apply to all fixed-bottom European offshore wind farms developed by Vattenfall in the coming years. The
HOFOR (Greater Copenhagen Utility) has put on hold the development of its proposed 300 MW Aflandshage offshore wind farm in Denmark since it has not been possible to obtain sufficient assurance that the project will receive a new establishment permit, the developer said. Earlier this year, the Danis
Canada Pension Plan Investment Board (CPP Investments), through its wholly-owned subsidiary CPPIB Renewables Europe S.à r.l, has agreed to sell its 24.5 per cent stake in two German offshore wind farms to a wholly-owned subsidiary of Enbridge. Under the transaction, CPP Investments will sell its sta
Power and Air Condition Solution Management (PASM), a wholly owned subsidiary of Deutsche Telekom, has signed a long-term power purchase agreement (PPA) with EnBW for power from the 960 MW He Dreiht offshore wind farm in Germany. Under the PPA, PASM will source 100 MW from the new wind farm in the G
The Dutch government will open the application period for the IJmuiden Ver Alpha and Beta tender on 29 February 2024 and will accept proposals until 5 p.m. on 28 March. On 3 November, the government also informed about the additional criteria that will be part of the tender requirements. In the firs
A new partnership between the UK and German governments has been agreed on 3 November to help secure safe, affordable, and clean energy for consumers in both nations for the long-term and bolster energy security. Both countries commit to strengthening cooperation in renewables, notably offshore wind
Shanghai Electric Wind Power Group has unveiled that the world’s first offshore renewable energy project, which combines floating wind power and deep-sea aquaculture, has been completed in China. The project is developed by Longyuan Power Group, with Shanghai Electric Wind Power Group, a subsidiary
Danish wind turbine maker Vestas has, together with Zhong Neng Offshore Wind Farm, completed the first locally assembled offshore wind turbine rotor hub in Taiwan. At the core of the offshore wind turbine rotor hub is the hub casting, manufactured just a few kilometres away by Yeong Guan Energy Tech
Iberdrola has signed a strategic agreement with Abu Dhabi-based Masdar to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. According to the terms of the transaction, the valuation of 100 per cent of the project amounts to around EUR 1.6 billion. Following confirmatio
