Norwegian Energy Partners (NORWEP) has successfully orchestrated a convergence of international industry corporations, ministers, and 1,000 representatives from Norway’s supply chain at the International Energy Forum 2023 (IEF2023) in Oslo. The IEF conference comprehensively addressed a spectrum of
The government of the United Kingdom has increased the maximum strike price for offshore wind projects in the next Contracts for Difference (CfD) auction by 66 per cent for fixed-bottom and by 52 per cent for floating wind projects. The maximum strike price for fixed bottom offshore wind projects ha
Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO.
Floating assets have long been installed, operated and maintained to support oil and gas (O&G) production. The emerging floating wind sector has specific challenges to overcome, but also opportunities to build strategies informed by O&G experience. Opportunities and challengesThe global offshore flo
Norway-based Havfram has decided to wind up its business unit dedicated to the early-phase development of offshore wind farms, Kontiki Winds. Moving forward, the company said it would fully focus on the offshore wind transport and installations market. The news came a day after Havfram revealed that
Taranaki Offshore Partnership, a joint venture between Copenhagen Infrastructure Partners (CIP) and NZ Super Fund, together with New Zealand Trade and Enterprise (NZTE) and Ara Ake, has released the findings of the Industry Capability Mapping Study, focused on offshore wind in the Taranaki region. A
Vindkraft Värmland and Njordr, the Nordic developer, have sold 100 per cent of the shares in the joint company, Njordr Offshore Wind (NOW), to Statkraft. NOW holds a pre-permit portfolio of nine offshore wind projects in the Swedish economic zone with a total potential for up to 21 GW of installed c
Windward Offshore; a joint venture consortium led by SeaRenergy Group in collaboration with Blue Star Group, Diana Shipping, and SeraVerse; has ordered two hybrid Commissioning Service Operation Vessels (CSOVs) from VARD to establish maritime asset services focusing on bolstering the offshore wind i
Chinese wind turbine manufacturer MingYang Smart Energy has unveiled a new offshore wind turbine model with a rated capacity of 22 MW – the MySE 22MW. The MySE 22MW model would be the most powerful wind turbine in the world and would feature a 310+ metre rotor. Equipped with carbon-fibre blades, the
TotalEnergies has partnered with Corio Generation and Rise Light & Power (Rise), a New York-based electricity producer, for the joint development of the Attentive Energy offshore wind project off the coast of New York and New Jersey. Corio and Rise took respective stakes of 27.7 per cent and 16.3 pe
Industry experts convene at Clarksons HQ to address challenges and explore opportunities amid turbulent times. Clarksons Securities, Clarksons Offshore & Renewables, and Green Giraffe Advisory jointly hosted the “Offshore Wind Investment: Mind The Gap” seminar at Clarksons’ headquarters in London. T
New York Governor Kathy Hochul has announced the release of a new 10-Point Action Plan to expand and support the growing large-scale renewable energy industry in the state. One of the plan’s points outlines that the New York State Energy Research and Development Authority (NYSERDA) plans to launch a
The New York State Public Service Commission has denied petitions filed by a group of offshore wind developers and a state renewable energy trade association seeking financial relief for four proposed offshore wind projects and 86 land-based renewable projects. The petitions denied were submitted by
The Lithuanian government plans to open the country’s second offshore wind tender in January 2024 instead of this autumn, with the exact date to be announced in due course. According to a press release from Lithuania’s Ministry of Energy, the decision to push back opening the auction came after a co
