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Outlook & Strategy

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Outlook & Strategy

Sif and Ballast Nedam Sign Offshore Wind Decommissioning Agreement

The Dutch offshore wind foundation manufacturer, Sif, and its compatriot Ballast Nedam have signed a memorandum of understanding (MoU) as part of the process of developing a joint venture that specialises in the decommissioning of obsolete and aged offshore wind farms. Named BNS Decom, the joint ven

about 2 years ago

Ørsted and Eversource Set Aside USD 5 Million for Offshore Wind Research

Outlook & Strategy

US Energy Company Braces for USD 1.6 Billion Offshore Wind Impairment Charge

Eversource Energy expects to record an impairment charge of between USD 1.4 billion and USD 1.6 billion related to three offshore wind projects in the United States the company owns in partnership with Ørsted. The New England utility is currently in the process of divesting its 50 per cent ownership

about 2 years ago

Outlook & Strategy

Offshore Wind: Both Challenges and Enormous Opportunities Lie Ahead

The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili

about 2 years ago

Outlook & Strategy

Northland and Gentari Finalise Hai Long Offshore Wind Deal

Northland Power has closed the transaction with Gentari International Renewables through which Gentari acquired 49 per cent of Northland’s ownership in the Hai Long offshore wind project located in Taiwan. Northland now holds a 30.6 per cent ownership interest in the overall project and will continu

about 2 years ago

Outlook & Strategy

Taihan Buys ‘Korea’s Only Cable-Layer for Offshore Wind’

South Korean Taihan Cable & Solution has acquired what is said to be Korea’s only cable-laying vessel (CLV) for the offshore wind market. Taihan, which announced the purchase on December 20, bought the vessel for approximately USD 38.4 million (EUR 34.7 million). The CLV, equipped with self-propulsi

about 2 years ago

Outlook & Strategy

GustoMSC Enriches Its Business Portfolio with Vessels for Floating Offshore Wind

GustoMSC, a subsidiary of U.S.-based NOV, has officially launched the Enhydra series of vessels tailored specifically for floating offshore wind farms. Alain Wassink, Commercial Director of GustoMSC, presented the new series at The Stage during the Offshore Energy Exhibition & Conference (OEEC) 2023

about 2 years ago

Outlook & Strategy

Cadeler and Eneti Wrap Up Merger

Cadeler and Eneti have rang the bell at the New York Stock Exchange as one entity, marking the merger of the two companies and creating a leading offshore wind installation firm. Following the business combination of Cadeler and Eneti, the combined group will be named Cadeler and be headquartered in

about 2 years ago

A photo of TenneT's SylWin1 offshore grid platform in Germany

Outlook & Strategy

EU to Implement Cybersecurity and Offshore Wind Infrastructure Surveillance Measures

After energy ministers of 26 EU Member States signed the European Wind Charter on 19 December, a dive into the EU Wind Power Package documents shows that, besides the new EU offshore renewable energy target and plans to streamline permitting and strengthen the supply chain, the EU will also be imple

about 2 years ago

Outlook & Strategy

Six Energy Companies Unite to Accelerate Offshore Wind Development in Philippines

Six energy companies have joined forces and formed the Philippine-based offshore wind industry organisation to provide expertise and technical resource to accelerate the development of offshore wind projects in the country. The organisation, named Pilipinas Offshore Wind Energy Resource Inc. (POWER)

about 2 years ago

Outlook & Strategy

EU Commits to 111 GW of Offshore Renewable Energy by 2030 as 26 Member States Sign European Wind Charter

Today, 19 December, the energy ministers of 26 European Union Member States signed the European Wind Charter, by which the state governments officially commit to deliver on the actions set out in the EU Wind Power Package, which the European Commission published in October. The Charter, which was al

about 2 years ago

Outlook & Strategy

BlueFloat, Origin Submit Joint Bid for 1.7 GW Offshore Wind Project in Australia

Spain-based BlueFloat Energy and Sydney-headquartered Origin Energy have joined forces and applied for a Feasibility Licence to develop the Eastern Rise Offshore Wind Project in the declared Hunter offshore wind zone. The partnership submitted a Feasibility Licence application in November and the Fe

about 2 years ago

Liz Burdock, CEO of Oceantic Network at Offshore Energy Exhibition & Conference 2023 (OEEC 2023

Outlook & Strategy

Oceantic Network CEO: ‘There Comes a Time When We Have to Say Enough Is Enough’

As new offshore wind markets keep emerging and targets in established markets keep increasing, questions on how much capacity can actually be installed, especially until 2030 which is just around the corner, have come to the sector’s foreground. The most vocal on the (un)likeliness of the national a

about 2 years ago

Outlook & Strategy

Out with Financial Bid Criteria, in with Unrestrained Innovation in Offshore Wind

A healthy market framework is necessary for offshore wind projects to be sustainable and future-proof, and changes to the tendering framework can help ensure that, Ireen Geerbex, Director Market Development the Netherlands at Vattenfall, said during this year’s Offshore Energy Exhibition and Confere

about 2 years ago

Photos of Borssele 1+2 (offshore turbines) located from the coast of the Dutch province of Zeeland.

Outlook & Strategy

Siemens Gamesa and Vestas Collaborate to Standardise Equipment for Transportation of Wind Turbine Towers

Building on a previous collaboration focused on tower foundations and lifting guidelines, Siemens Gamesa and Vestas, facilitated by Energy Cluster Denmark, have signed a new partnership agreement to increase standardisation within the wind industry. Initially, the partners will standardise equipment

about 2 years ago

Outlook &amp; Strategy

Sif and Ballast Nedam Sign Offshore Wind Decommissioning Agreement

US Energy Company Braces for USD 1.6 Billion Offshore Wind Impairment Charge

Offshore Wind: Both Challenges and Enormous Opportunities Lie Ahead

Northland and Gentari Finalise Hai Long Offshore Wind Deal

Taihan Buys ‘Korea’s Only Cable-Layer for Offshore Wind’

GustoMSC Enriches Its Business Portfolio with Vessels for Floating Offshore Wind

Cadeler and Eneti Wrap Up Merger

EU to Implement Cybersecurity and Offshore Wind Infrastructure Surveillance Measures

Six Energy Companies Unite to Accelerate Offshore Wind Development in Philippines

EU Commits to 111 GW of Offshore Renewable Energy by 2030 as 26 Member States Sign European Wind Charter

BlueFloat, Origin Submit Joint Bid for 1.7 GW Offshore Wind Project in Australia

Oceantic Network CEO: ‘There Comes a Time When We Have to Say Enough Is Enough’

Out with Financial Bid Criteria, in with Unrestrained Innovation in Offshore Wind

Siemens Gamesa and Vestas Collaborate to Standardise Equipment for Transportation of Wind Turbine Towers

Outlook & Strategy