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Investor Consortium Backs Invenergy’s New York Bight Project
Business & Finance

Investor Consortium Backs Invenergy’s New York Bight Project

Blackstone Infrastructure Partners, Caisse de dépôt et placement du Québec (CDPQ), First Light Power, and Ullico Infrastructure Fund will fund an offshore wind project planned to be built at one of the New York Bight sites, for which Invenergy Wind Offshore LLC, a development entity led by project s

about 4 years ago
Lyon Shipyard
Business & Finance

SCHOTTEL, Lyon Shipyard Team Up to Support US Offshore Wind

SCHOTTEL has reached an agreement with Virginia-based Lyon Shipyard to support the servicing of vessels in the emerging US offshore wind industry. SCHOTTEL, headquartered in Germany, is a manufacturing company that produces propulsion and steering systems for ships and offshore applications, while L

about 4 years ago
Cosco Taps Friede & Goldman’s Solution for New Jones Act-Compliant WTIV
Contracts & Tenders

Cosco Taps Friede & Goldman’s Solution for New Jones Act-Compliant WTIV

Cosco Shipping (Qidong) Offshore has entered into an agreement with the US vessel designer Friede & Goldman for a new Jones Act-compliant wind turbine installation vessel (WTIV), according to a social media post from the Houston-based company. The vessel design will be based on Friede & Goldman’s Ba

about 4 years ago
A photo of Leif Winther, Ørsted, Lars Bender, Fred. Olsen Seawind, Kari Nessa Nordtun, mayor of Stavanger, Jan Narvestad, Rosenberg Worley and Martin S. Lundby, Hafslund Eco.
Business & Finance

Ørsted and Co Team Up with Rosenberg Worley for Norwegian Floating Wind Projects

Blåvinge, the partnership between Fred. Olsen Seawind, Hafslund Eco, and Ørsted which plans to bid in the upcoming offshore wind auction in Norway, is entering into an exclusive collaboration with Rosenberg Worley to develop floating offshore wind farms. Under the agreement, the Blåvinge partners an

about 4 years ago
Arklow Bank Phase 1
Authorities

Irish Offshore Wind Project Delayed by Three Years as SSE Switches to New Consenting Regime

SSE Renewables plans to commission the Arklow Bank Wind Park Phase 2 in 2028 and not in 2025 as initially planned as the developer confirmed that it plans to apply for a Maritime Area Consent (MAC) for the project under Ireland’s new consenting regime. The decision by SSE Renewables to transfer Phas

about 4 years ago
Norwegian Government Drops Auction Model for Floating Wind Lease Area
Authorities

Norwegian Government Drops Auction Model for Floating Wind Lease Area

The Norwegian Government has proposed the sites in the Utsira Nord lease area to be allocated based on qualitative criteria, rather than through an auction. The area is one of the two Norway will soon offer to developers and has been deemed most suitable for floating wind technology. The qualitative

about 4 years ago
TenneT Says Damage to Hollandse Kust Zuid Beta Jacket ‘Limited’, Topside Installation a Go
Grid Connection

TenneT Says Damage to Hollandse Kust Zuid Beta Jacket ‘Limited’, Topside Installation a Go

The installation of the Hollandse Kust Zuid Beta offshore substation topside will not be affected by the damage the substation’s jacket foundation suffered in a recent collision with a cargo ship, TenneT said. As reported, the cargo ship Julietta D collided with the substation jacket and a turbine f

about 4 years ago
Mitsui Buys Stake in Mainstream, Company Valued at EUR 2.1 Billion
Business & Finance

Mitsui Buys Stake in Mainstream, Company Valued at EUR 2.1 Billion

Mitsui & Co., Ltd., part of Japan’s Mitsui Group, has agreed to invest EUR 575 million in Mainstream Renewable Power in the form of new common shares, corresponding to a 27.5 percent equity stake in the global renewable energy company. Mitsui will take a long-term active role in the growth of Mainst

about 4 years ago
PGE, Ørsted to Start Supply Chain Dialogue for 2.5 GW Project in Poland
Business & Finance

PGE, Ørsted to Start Supply Chain Dialogue for 2.5 GW Project in Poland

Poland’s PGE and Ørsted have invited suppliers to the first in a series of meetings to discuss the needs related to the construction of the Baltica Offshore Wind Farm in Poland. During the first meeting, to be held on 22 April, investors will present the progress of the Baltica Offshore Wind Farm fr

about 4 years ago
New Bedford
Ports & Logistics

Massachusetts to Get Another Offshore Wind Terminal

Foss Maritime is partnering with local investors of New Bedford’s Cannon Street Holdings LLC (CSH) to develop the New Bedford Foss Marine Terminal at the Port of New Bedford, Massachusetts, USA. The New Bedford Foss Marine Terminal is envisioned as a new base of operations and terminal logistics fac

about 4 years ago
Damen Fast Crew Supplier 2710 to Join Farra Marine’s Fleet
Vessels

Damen Fast Crew Supplier 2710 to Join Farra Marine’s Fleet

Dublin-based vessel operator Farra Marine will take delivery of its first Damen Fast Crew Supplier (FCS) 2710 in June this year, the Dutch shipbuilder and ship designer said. The new Damen Fast Crew Supplier 2710, named Farra Lark, will operate in Irish and UK waters getting workers and provisions t

about 4 years ago
A photo of the Yangjiang Shapa Phase 2 offshore wind farm in China
Business & Finance

China Dominates Offshore Wind Rankings in 2021 – BNEF

16.8 gigawatts (GW) of new commissioned offshore wind capacity was added globally in 2021, a 161 per cent increase compared with 2020, fueled largely by increased activities offshore China, according to a new report by research company BloombergNEF (BNEF). The scheduled end to China’s offshore wind

about 4 years ago
US State Setting Stage for Offshore Wind Auction
Authorities

US State Setting Stage for Offshore Wind Auction

Dan McKee, the Governor of the US State of Rhode Island, has introduced legislation that would require a market-competitive procurement for approximately 600 MW of newly-developed offshore wind capacity. If enacted, Rhode Island’s primary utility company would be required to issue the procurement no

about 4 years ago
Estonian Company Looking to Bid in Offshore Wind Auctions in the Baltics
Business & Finance

Estonian Company Looking to Bid in Offshore Wind Auctions in the Baltics

Estonia-headquartered developer of wind and solar energy projects in the Baltic States and Poland, Sunly, plans to develop multiple projects in the Baltic Sea and participate in offshore wind auctions in the region. The company, which applied for a permit for the construction of four offshore wind f

about 4 years ago
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