Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies
Norway’s Odfjell Oceanwind and its compatriot Prodtex have set up a joint venture, named Windsteel Technologies, to establish the production capacity necessary to meet the need for hundreds of floating wind foundations per year in Europe. The joint venture is planning to have its first facility oper
Ørsted has signed a Memorandum of Understanding (MoU) with Incheon Metropolitan City, South Korea, to cooperate on developing a regional offshore wind sector. The aim of the agreement is to establish a local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon
A business and academic consortium has kicked off collaboration on the future of floating offshore wind. The TAILWIND project, launched in January 2024, will deliver advanced station-keeping technologies, designed to maintain the position of floating offshore wind farms, according to NKT, which rece
Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy
Japan has added 572.3 MW of new wind capacity in 2023, resulting in a total operational wind energy capacity of 5,213.4 MW for the first time, according to preliminary data published by the Japan Wind Power Association (JWPA). As for offshore wind, the country had 153.5 MW of installed capacity at t
Denmark-headquartered Ørsted has revealed a substantial revision of its plans, including a reduced 2030 renewable energy target, job cuts, exit from several markets, and “leaner development” within floating offshore wind and Power-to-X. As a result of the business plan approved by Ørsted’s Board of
The Connecticut Wind Collaborative has been launched with the formation of an initial board of directors. The collaborative is part of the state’s offshore strategic roadmap, announced last October, which calls for the new nonprofit to work collaboratively with various parties and stakeholders to ad
Norway-headquartered Deep Wind Offshore has entered into a collaboration with Hydepoint to explore offshore hydrogen production from offshore wind. EU has set a target of 200 million tonnes of hydrogen produced from renewable energy by 2030. The European Commission launched an action plan that could
Offshore wind farms in the German and Dutch North Sea generated over 30 TWh of renewable power, according to the German-Dutch transmission system operator (TSO) TenneT. The TSO transmitted around 19.24 TWh of wind energy from the German North Sea to land in 2023 and another 11.54 TWh entered the Net
Jörg Singer, chairman of German offshore wind-to-hydrogen initiative AquaVentus has called for a timely tender for the expansion of offshore electrolysis, saying that the imminent start of the auction for the Noth Sea region SEN-1, a 100 km2 area in the North Sea designated for hydrogen production,
Plenitude, a Benefit Corporation company of the Italian oil and gas major Eni, has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of wind projects offshore Spain. The agreement with Plenitude bolsters the join
Europe’s offshore wind industry brought online a record 4.2 GW of new capacity in 2023 and is expected to build around 5 GW of offshore wind annually over the next three years, according to WindEurope data. However, this is still not enough to meet the continent’s 2030 climate and energy security ta
The EU has added 17 GW of new wind energy in 2023 with 3 GW coming from offshore wind farms, according to WindEurope data. According to the WindEurope data, Germany built the most new wind capacity followed by the Netherlands and Sweden. The Netherlands built the most new offshore wind, including th
