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Thor Wind Turbine
Business & Finance

French Floating Offshore Wind Project Reaches Financial Close

Qair, TotalEnergies, and BW Ideol, the partners behind the EolMed project, have made a Final Investment Decision (FID) for the 30 MW floating wind farm in the French Mediterranean. The FID comes shortly after the partners secured EUR 85 million in financing from the European Investment Bank (EIB). F

about 4 years ago
Fred. Olsen 1848
Industry

Fred. Olsen 1848 Launches Modular Floating Foundation

Norway-based Fred. Olsen 1848 has launched a new floating offshore wind turbine foundation named BRUNEL after several years of development. According to Fred. Olsen 1848, the main challenge for floating offshore wind to become industrialized and respond to deployment at scale is the ability to manuf

about 4 years ago
Block Island Wind Farm, the first offshore wind farm in the U.S.
Authorities

Louisiana Could Build First Gulf of Mexico Offshore Wind Farm by 2026

As the US Bureau of Ocean Energy Management (BOEM) is working towards the first offshore wind auction for the Gulf of Mexico early next year, current legislative developments in Louisiana could lead to the state being the first to build an offshore wind farm in the Gulf, as well as to expanding the

about 4 years ago
Norwegians Developing Offshore Substation-Hydrogen Factory Combo
Business & Finance

Norwegians Developing Offshore Substation-Hydrogen Factory Combo

Norwegian companies, Arendals Fossekompani, Kongsberg, and Moreld, have joined forces on the Hydepoint project to develop a combined offshore substation and hydrogen factory. Hydepoint is expected to contribute to solving several challenges related to the development and upscaling of offshore wind p

about 4 years ago
Brave Tern Completes Upgrades in Indonesia
Vessels

Brave Tern Completes Upgrades in Indonesia

Fred. Olsen Windcarrier’s wind turbine installation vessel, Brave Tern, has completed a ten-year class renewal and received a series of upgrades at the PaxOcean Batam shipyard in Indonesia. The renewal and upgrades are said to equip Brave Tern with cutting-edge technologies that enhance its service

about 4 years ago
Cadeler
Business & Finance

Cadeler In Advanced Talks to Order Hybrid Foundation Installation Vessel

Denmark-based Cadeler has revealed that the company is in advanced talks with COSCO Shipyard regarding a possible order to build a new “hybrid” offshore wind farm foundation installation vessel. The potential foundation installation vessel could be delivered in the fourth quarter of 2025, with an ex

about 4 years ago
Eversource Ponders Exiting Offshore Wind Venture with Ørsted
Business & Finance

Eversource Ponders Exiting Offshore Wind Venture with Ørsted

US energy company Eversource has initiated a strategic review of its offshore wind investment portfolio which could result in a potential sale of all or part of its 50 per cent interest in its offshore wind joint venture with Ørsted. The Massachusetts-headquartered Eversource expects to complete thi

about 4 years ago
US Wind Appoints Bureau Veritas as CVA for MarWin Offshore Wind Project
Business & Finance

US Wind Appoints Bureau Veritas as CVA for MarWin Offshore Wind Project

The US Bureau of Ocean Energy Management (BOEM) has approved Bureau Veritas’ nomination as Certified Verification Agent (CVA) for the US Wind, Inc. (US Wind) MarWin wind project offshore Maryland. According to Bureau Veritas, this approval of the nomination showed that the company met the CVA criter

about 4 years ago
Thor Wind Turbine
Business & Finance

French Floater Secures EIB Financing

The 30 MW EolMed floating wind project offshore France’s Mediterranean coast has secured EUR 85 million in financing from the European Investment Bank (EIB). The financing contracts for the project were signed on 29 April. The floating wind farm, fully consented in February 2021, will comprise three

about 4 years ago
A photo of a RWE offshore wind farm
Business & Finance

RWE to Help Louisiana’s Oil & Gas Supply Chain Diversify into Offshore Wind

RWE Renewables has partnered with Greater New Orleans, Inc. (GNO, Inc.) and the GNOwind Alliance to help establish an offshore wind supply chain in Louisiana that could serve projects across the US. Germany-based offshore wind developer will collaborate with GNO, Inc. and GNOwind Alliance on buildin

about 4 years ago
DEME and Barge Master Develop Feeder Solution for US Offshore Wind Projects
Ports & Logistics

DEME and Barge Master Develop Feeder Solution for US Offshore Wind Projects

DEME Offshore US and Barge Master have entered into a long-term agreement to jointly develop a Jones Act compliant feeder solution for the upcoming offshore wind projects in the USA. The two companies said they will work closely together to develop motion compensation technology which will be deploy

about 4 years ago
Falck Renewables and BlueFloat Energy Float ScotWind Partnership
Wind Farm Update

BlueFloat Energy Has 14 Offshore Wind Projects in South America

As the Colombian Government launched the country’s Offshore Wind Roadmap on 3 May, BlueFloat Energy revealed it has seven offshore wind projects under development in the country. This is just half of what the company plans in South America since there are also seven projects the Spanish developer is

about 4 years ago
Ørsted Trials Turning Jackets into Coral Reefs – Video
Environment

Ørsted Trials Turning Jackets into Coral Reefs – Video

Ørsted is planning a world-first attempt to support coral reefs by growing corals on offshore wind turbine foundations. Together with Taiwanese partners, the company will test the concept in the tropical waters of Taiwan this summer. The aims are to determine whether corals can be successfully grown

about 4 years ago
Colombia’s First Offshore Wind Farm to Power Green Ammonia Production
Wind Farm Update

Colombia’s First Offshore Wind Farm to Power Green Ammonia Production

Colombian producer of fertilizers, Monómeros, has signed a memorandum of understanding (MoU) with Public Lighting of Barranquilla (APBAQ), which plans to build Colombia’s first offshore wind farm in the waters off the city of Barranquilla together with Copenhagen Infrastructure Partners (CIP). Under

about 4 years ago
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