According to Rystad Energy, global offshore wind capacity will surpass 520 GW by 2040, with floating wind installations nearing 90 GW by that time. In 2023, the offshore wind sector saw a seven per cent increase in new capacity additions compared to the previous year, said Rystad Energy. This moment
On 20 August, Finland’s Ministry of Economic Affairs and Employment published an action plan focused on advancing the offshore wind industry in the country. The plan outlines 17 proposals, emphasizing that the development of offshore wind farms will be driven by market conditions. In October 2023, t
As of 2023, there was around 270 MW of floating wind capacity in operation, with the global pipeline for new floating projects standing at 244 GW, according to a market outlook report commissioned by the 2023 Japanese G7 Presidency and issued by the International Renewable Energy Agency (IRENA). Acc
Denmark-headquartered Ramboll has acquired its compatriot K2 Management, a global consultancy company specialising in wind and solar energy. Following the acquisition, which is subject to customary regulatory approval, Ramboll’s global wind division will encompass over 900 people across 20 countries
JDR Cable Systems is already at the forefront of the production and supply of dynamic subsea cables to the floating wind market and will become a leader as the market expands, JDR’s Chief Strategy and Compliance Officer said in an interview with offshoreWIND.biz. In this article: The UK-based offsho
A new report, prepared by global energy consultancy Xodus and published on 14 August, says that the UK, as the world’s second-largest offshore wind market, can help unlock the full potential of New Zealand’s offshore wind industry. With 15,000 kilometres of coastline, New Zealand holds vast offshore
A new report published in Scotland has put forward several recommendations for a nature-inclusive design framework for offshore wind projects. The report was commissioned by Crown Estate Scotland and prepared by the global consultancy company Xodus and the Dutch nature enhancement initiative The Ric
Maryland Governor Wes Moore has earmarked USD 4.7 million (approximately EUR 4.3 million) in federal funds for training and job placement initiatives to expand the US state’s offshore wind workforce. The funding, made possible through the US Department of Commerce’s Economic Development Administrati
This is an op-ed piece by Sam Salustro, Vice President of Strategic Communication at Oceantic Network, the US offshore renewable energy industry organisation. Six months occupied with questions about the upcoming election have muddied the waters, shifting the conversation about offshore wind energy
Several universities from Australia have teamed up to launch the Australian Centre for Offshore Wind Energy (ACOWE), aimed at tackling key challenges in the country’s offshore wind sector. The Centre involves collaboration between the University of Melbourne, Deakin University, Federation University
New technologies have the ability to massively close the huge skills gap and shortage of workers that is looming over the offshore wind industry, allowing 10 to 17 times more work to be done by one person, according to Brian Allen, CEO of Rovco, a UK company focused on automating offshore wind servi
The four German transmission system operators (TSOs), 50Hertz, Amprion, TenneT, and TransnetBW, and transmission system suppliers Siemens Energy, GE Vernova, and Hitachi Energy, have entered into a partnership to develop direct current (DC) multiterminal hubs that are said to enable an efficient uti
On 12 July, Ørsted revealed the company achieved a significant noise reduction using a new monopile installation method at the Gode Wind 3 offshore wind farm in Germany. Tested during the installation of three of the wind farm’s monopiles, the new method had reduced noise levels by over 99 per cent,
The California Energy Commission (CEC) has adopted a Strategic Plan for Offshore Wind that will guide the development of offshore wind energy in this US state. The plan outlines analysis and strategies to deploy floating turbines off California’s central and northern coasts with a planning goal of 2
