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Business & Finance

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South Fork Wind Orsted
Business & Finance

US DOE Issues USD 48.6 Million Call for Offshore Wind R&D

The US Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) has launched the Offshore Wind National and Regional Research and Development Funding Opportunity, allocating USD 48.6 million to projects designed to address several key needs in offshore wind development. The areas includ

about 2 years ago
First Turbine Vineyard Wind
Business & Finance

GE Vernova: ‘Manufacturing Deviation’ Led to Vineyard Wind 1 Blade Failure; Earlier Incident at Dogger Bank A Caused by Installation Error

The breakage of the blade on one of GE Vernova’s Haliade-X wind turbines at the Vineyard Wind 1 offshore wind farm in the US was caused by a manufacturing deviation, the company’s CEO Scott Strazik revealed during an earnings call on 24 July. Strazik also pointed out that a blade event that happened

about 2 years ago
New California Offshore Wind Coalition Calls For 10GW by 2040 Goal
Business & Finance

Port San Luis, CET to Assess Offshore Wind O&M Port Potential in California

The US Port San Luis Harbor District has entered into a project evaluation agreement with Clean Energy Terminals (CET), a developer of offshore wind port facilities across the US, to jointly evaluate the feasibility of an offshore wind operations and maintenance (O&M) port facility in California’s S

about 2 years ago
TotalEnergies Buys Into RWE’s Dutch Offshore Wind Farm to Produce Green Hydrogen; Contracts Signed with Main Suppliers
Business & Finance

TotalEnergies Buys Into RWE’s Dutch Offshore Wind Farm to Produce Green Hydrogen; Contracts Signed with Main Suppliers

RWE and TotalEnergies have entered into an agreement under which TotalEnergies will acquire a 50 per cent stake in RWE’s OranjeWind offshore wind farm in the Netherlands. TotalEnergies said it would use its share of the electricity from the 795 MW OranjeWind to produce green hydrogen. The new partne

about 2 years ago
ocean winds windfloat
Business & Finance

Ocean Winds, Martifer Join Forces for Portugal’s First Offshore Wind Tender

Ocean Winds and Martifer Renewables & Energy have formed a strategic partnership to jointly participate in Portugal’s first tender for offshore wind farms, set to take place this year. As the industry anticipates the final criteria for the tender, Ocean Winds, a joint venture between EDP Renewables

about 2 years ago
REM Offshore Vard
Business & Finance

Norwegian Offshore Vessel Owner Orders Another CSOV at Vard

Norway’s Vard has signed a contract with its compatriot Rem Offshore to design and construct another commissioning service operation vessel (CSOV). The VARD 4 19 design CSOV, developed by Vard Design in Ålesund, will be the third vessel Vard delivers to Rem Offshore. The first two, REM Power and REM

about 2 years ago
Van Oord Baltica 2
Business & Finance

Van Oord to Collaborate with German Company for Baltica 2 Offshore Wind Farm

Germany-headquartered SAL Heavy Lift has signed contracts with Van Oord to support the transportation and installation of secondary structures for the Baltica 2 offshore wind farm in Poland. Baltica 2 is the first stage of the Baltica Offshore Wind Farm developed by PGE Polska Grupa Energetyczna and

about 2 years ago
A photo of the Blyth Offshore Demonstrator project
Business & Finance

EDF, Repsol Team Up for Iberian Offshore Wind Tenders

EDF Renewables and Repsol have signed an exclusivity agreement to collaborate on future offshore wind tenders in Spain and Portugal. According to the press release, this collaboration combines Repsol’s commitment to multi-energy growth and its knowledge of the Spanish and Portuguese markets with EDF

about 2 years ago
Philippines NIRAS
Business & Finance

NIRAS to Conduct Studies for Offshore Wind Port Expansion in Philippines

NIRAS has been selected by the Asian Development Bank (ADB) to prepare pre-feasibility studies to assess the expansion of several ports for use as offshore wind ports. The Denmark-headquartered consultancy company has been commissioned by ADB on behalf of the Philippine government. Under the contrac

about 2 years ago
An offshore wind farm
Business & Finance

Macquarie to Take Full Ownership of 194 MW Offshore Wind Farms in UK

Macquarie Asset Management has unveiled its plans to take full control of the Lynn and Inner Dowsing offshore wind farms in the UK by acquiring the remaining stake currently controlled by BlackRock. Macquarie GIG Renewable Energy Fund 1 acquired a 60.75 per cent stake in Lynn and Inner Dowsing in 20

about 2 years ago
Two Dutch Companies to Buy Electricity from Hollandse Kust West VI Offshore Wind Farm
Business & Finance

Two Dutch Companies to Buy Electricity from Hollandse Kust West VI Offshore Wind Farm

Two Dutch companies operating in the food and agro industries, Plukon and De Heus, have decided to buy electricity from Ecowende, a joint venture of Shell, Eneco, and Chubu, that owns the offshore wind farm which will be built at Hollandse Kust West (HKW) Site VI in the Netherlands. Rabobank’s new g

about 2 years ago
Poles Getting Ready to Build EUR 253 Million Offshore Wind Terminal at Port of Gdańsk
Business & Finance

Poles Getting Ready to Build EUR 253 Million Offshore Wind Terminal at Port of Gdańsk

The Port of Gdańsk Authority has selected a company in charge of building and operating the offshore wind terminal that the Port and the Polish government announced in 2022. The company, called Istrana, is expected to soon complete its own tenders for engineering consultancy and terminal constructio

about 2 years ago
Photo from Borkum Riffgrund 2 which came into operation in 2018.
Business & Finance

BSH Taps ABL for German Offshore Wind Site Assessment

Energy and marine consultancy ABL has been selected by Germany’s Federal Maritime and Hydrographic Agency (BSH) to conduct a navigational risk assessment of offshore wind farm sites in the N-10 identified area of interest in the German North Sea. ABL’s scope of work is to provide a comprehensive nav

about 2 years ago
CSOV 9020 for TSSM
Business & Finance

Damen to Build Another Methanol-Ready CSOV for TSSM

The Netherlands’ Damen Shipyards has signed a contract with Ta San Shang Marine (TSSM) for the construction of another Damen Commissioning Service Operation Vessel (CSOV) 9020, that will deployed on offshore wind farms in Taiwan. The second CSOV will be built in Vietnam, with a delivery date planned

about 2 years ago
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