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Outlook & Strategy

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First wind turbine at Hollandse Kust Zuid offshore wind farm in the Netherlands
Outlook & Strategy

Romania Issues Offshore Wind Roadmap

The European Commission and the World Bank Group have supported the Government of Romania in publishing a new roadmap to help realize the potential of offshore wind in Romania. The roadmap was produced as part of the project ‘Internal energy market and energy transition in Romania’ which received te

about 1 year ago
Keel Laid for Japan-Bound Hybrid Cable Lay & Construction Vessel
Outlook & Strategy

Keel Laid for Japan-Bound Hybrid Cable Lay & Construction Vessel

Norwegian ship designer and shipbuilder VARD has held the keel laying ceremony for what is said to be a highly customized hybrid power cable lay and construction vessel that will serve the Japanese offshore wind market. VARD is building the vessel for Toyo Construction, a Japanese general constructi

about 1 year ago
European Test Sites Unite to Back Floating Offshore Wind Demo Projects
Outlook & Strategy

European Test Sites Unite to Back Floating Offshore Wind Demo Projects

Five European offshore wind test sites have formed HiPoTeSis, a new alliance aiming to improve conditions for floating wind demonstration projects. BiMEP, CEO, Foundation Open-C, METCEntre and Plocan have created HiPoTeSis. This collaborative network of five operational offshore demonstration test s

about 1 year ago
Schoeller Holdings and DOS Order Four CSOVs for Offshore Wind, Offshore Energy Markets
Outlook & Strategy

Schoeller Holdings and DOS Order Four CSOVs for Offshore Wind, Offshore Energy Markets

A joint venture (JV) between Schoeller Holdings and Deutsche Offshore Schifffahrt (DOS) has ordered four commissioning service operation vessels (C-CSOVs) for deployment in the offshore wind and other segments of the offshore energy sector, marking its entry into the market which is, according to Ph

about 1 year ago
Philippines to Repurpose Three Ports for Offshore Wind Projects
Outlook & Strategy

Philippines to Repurpose Three Ports for Offshore Wind Projects

The Department of Energy of the Republic of the Philippines (DOE) and the Philippine Ports Authority (PPA) have jointly announced the repurposing of three strategic ports to support the country’s growing offshore wind industry. These are the Port of Currimao in Ilocos Norte, Port of Batangas in Sta.

about 1 year ago
LyondellBasell Buys Power from Ecowende Offshore Wind Farm
Outlook & Strategy

LyondellBasell Buys Power from Ecowende Offshore Wind Farm

International chemical company LyondellBasell has agreed to purchase a portion of electricity generated by the Ecowende wind farm in the Dutch North Sea. LyondellBasell signed a 15-year power purchase agreement (PPA) with Eneco, the energy company building the wind farm in the coming years together

about 1 year ago
Windar Renovables Starts Work on New Monopile Factory in Spain
Outlook & Strategy

Windar Renovables Starts Work on New Monopile Factory in Spain

Windar Renovables has started preparatory work to construct a new monopile factory in Asturias, Spain. Windar Renovables acquired the construction site on the right bank of the Avilés estuary last March. This land, with a surface area of more than 400,000 square metres, includes several manufacturin

about 1 year ago
Norway Tackles the LCOE Challenge in Floating Offshore Wind Head On
Outlook & Strategy

Norway Tackles the LCOE Challenge in Floating Offshore Wind Head On

In the quest to bring down the cost of offshore wind, Norwegian companies are innovating on several fronts, including cutting-edge floating foundation designs. Most wind energy experts agree: Floating offshore wind holds great promise, but costs must drop dramatically if floating solutions are to be

about 1 year ago
Mammoet Samyang
Outlook & Strategy

Mammoet Enters Offshore Wind Partnership with South Korean Company

The Netherlands-based logistics company, Mammoet, and Samyang Marine Group have entered into a partnership to provide heavy lifting and transport solutions for South Korea’s offshore wind sector. The collaboration is set to establish Offshore Service Port (OSP) facilities to serve projects across se

about 1 year ago
Ørsted
Outlook & Strategy

Global Offshore Wind to Top 520 GW by 2040, Floating Wind to Play Major Role – Rystad Energy

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

about 1 year ago
Tahkoluoto, Finland's first commercial offshore wind farm.
Outlook & Strategy

Finland Unveils 17-Point Action Plan to Promote Offshore Wind

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

about 1 year ago
ABP FibreMax
Outlook & Strategy

UK Ports and FibreMax Sign Floating Offshore Wind MoU

Associated British Ports (ABP) and Dutch synthetic mooring solutions provider, FibreMax, have signed a Memorandum of Understanding (MoU) to investigate development opportunities at ABP’s Port of Swansea, as well as the growing potential for floating offshore wind in the region. The partnership aims

about 2 years ago
Pilot Energy to Take Full Ownership of Australian Offshore Wind Project
Outlook & Strategy

Universities Launch Australian Centre for 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

about 2 years ago
Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind
Outlook & Strategy

Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind

Japan’s Sumimoto Corporation and JGC Japan Corporation have signed an agreement to investigate the possibility of collaboration in the detailed design, manufacture, and delivery of structural components for floating offshore wind turbines. According to the companies, they aim to cut costs, improve e

about 2 years ago
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