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Business & Finance

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R&DTechnologyEnvironmentAuthoritiesContracts & TendersWind Farm Update
Ørsted Invests in Maryland Steel Fabricator
Business & Finance

Ørsted Invests in Maryland Steel Fabricator

Ørsted has announced an economic agreement that will establish Maryland’s first offshore wind steel fabrication center at Crystal Steel Fabricators in Federalsburg, Maryland. Ørsted’s investment in Crystal Steel will enable nearly USD 70 million in supply agreements and create nearly 50 new Maryland

about 4 years ago
Asia’s First 11 MW Offshore Wind Turbine Launches in China
Business & Finance

Asia’s First 11 MW Offshore Wind Turbine Launches in China

Chinese turbine manufacturer Shanghai Electric has launched its latest offshore wind turbine model, the Petrel platform SEW11.0-208. Shanghai Electric’s flagship direct-drive turbine, for which the company has full proprietary intellectual property, features a nameplate capacity of 11 MW, the larges

about 4 years ago
A photo of Windstaller Alliance officials Stephen Bull, Lars Peder Solstad, Guro Høyaas Løken, Øyvind Mikaelsen
Business & Finance

Norwegian Companies Enter Offshore Wind Alliance

Aker Solutions, DeepOcean, and Solstad Offshore have entered into an alliance to combine their capabilities and expertise and form an integrated one-stop-shop provider for the offshore wind industry. The Windstaller Alliance plans to offer product deliveries, fabrication services as well as marine a

about 4 years ago
TotalEnergies SBE US Sets Sights On Floating Wind Offshore USA
Business & Finance

TotalEnergies SBE US Sets Sights On Floating Wind Offshore USA

TotalEnergies and the Irish floating wind specialist Simply Blue Group have launched a joint venture, TotalEnergies SBE US, targeting floating offshore wind projects in the United States. TotalEnergies SBE US will combine TotalEnergies’ expertise in large-scale offshore projects with Simply Blue Gro

about 4 years ago
A photo of the Block Island Wind Farm's turbine with a US flag visible on the right
Business & Finance

US States’ Offshore Wind Plans to Bring USD 109 Billion Opportunity for Supply Chain

The US growing offshore wind industry and several states’ commitment to procuring significant amount of offshore wind capacity by 2030 will bring a USD 109 billion revenue opportunity to businesses in the supply chain over the course of the next decade, according to a report from the Special Initiat

about 4 years ago
Vestas Targets Zero-Waste Wind Turbines by 2040
Business & Finance

Vestas Targets Zero-Waste Wind Turbines by 2040

Vestas has launched a new circularity roadmap detailing a set of commitments to be implemented across the company’s value chain to accelerate the journey to reach zero-waste turbines by 2040. Through the roadmap, Vestas aims to set a new benchmark for the wind industry within circularity and waste r

about 4 years ago
A photo of a Vattenfall-owned offshore wind farm
Business & Finance

Vattenfall Joins In on Wind Turbine Blade Landfill Ban

Vattenfall has decided to commit to a landfill ban on decommissioned wind turbine blades, effective immediately, and to increase blade recycling rate over the next decade. With this move, the Sweden-headquartered offshore wind major has joined several other developers and OEMs on the now industry-wi

about 4 years ago
Tilted Towers Floating Wind Platform Gets EPO Nod
Business & Finance

Tilted Towers Floating Wind Platform Gets EPO Nod

The European Patent Office (EPO) has confirmed its intention to grant Hexicon a European patent for the company’s floating wind power platform with tilted towers. EPO has also examined a third-party submission, similar to the objection filed against the patent already granted in Sweden, and did not

about 4 years ago
An aerial photo of the Flotta Terminal;
Business & Finance

TotalEnergies & Co’s ScotWind Plan Includes Industrial-Scale Hydrogen Production

A consortium established by Macquarie’s Green Investment Group (GIG), TotalEnergies, and Renewable Infrastructure Development Group (RIDG) is looking into using the electricity that could be produced by its proposed offshore wind project in Scotland to power the production of green hydrogen on an in

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

ENEOS Taking Over Japan Renewable Energy

ENEOS Corporation, Japan’s largest oil refiner and distributor, is acquiring Japan Renewable Energy Corporation (JRE), with the acquisition expected to be completed by the end of January 2022. ENEOS will buy the entire issued shares of JRE, a company indirectly owned by the Infrastructure business w

about 4 years ago
A photo of the Inis Offshore Wind management
Business & Finance

New Developer Targets At Least 1 GW of Offshore Wind in Ireland

Inis Offshore Wind, a newly established Irish renewable energy developer, plans to develop at least 1 GW of offshore wind capacity in Ireland by 2030 and has already identified five potential sites where its projects could be built. The sites identified for assessment are located off the East and We

about 4 years ago
Cloudberry and Downing Sign Sale Deal for Swedish Lake Wind Farm
Business & Finance

Cloudberry Ramping Up Its Offshore Wind Game

Cloudberry Clean Energy, a Nordic renewable energy developer and power producer currently working on a shallow-water wind farm in Lake Vänern in southern Sweden, is strengthening its offshore wind business and looking into opportunities for developing further shallow-water as well as “conventional”

about 4 years ago
An image rendering the OO-Star Wind Floater technology
Business & Finance

Consortium Bidding in ScotWind Plans Sharing Project Ownership with Community

The consortium between Falck Renewables, Ørsted, and BlueFloat Energy, which is bidding in the latest ScotWind leasing round, has signed an exclusive Memorandum of Understanding with the community ownership organisation Energy4All to work on opportunities for Scottish communities to own a stake in t

about 4 years ago
Ørsted Taking Part in ScotWind Leasing
Business & Finance

World Bank Drafts Offshore Wind Development Steps for Emerging Markets

The World Bank’s Energy Sector Management Assistance Program (ESMAP) has published a report for emerging offshore wind markets, leading them through key factors that led to the success of offshore wind development in established markets. Holding an unrealised potential of over 16,000 GW of technical

about 4 years ago
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