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Outlook & Strategy

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Preventing subsea cable failure could save millions for offshore wind industry, IMCA says
Outlook & Strategy

New Code of Practice Aims to Slash Subsea Cable Failures

The International Marine Contractors Association (IMCA) has issued a new Code of Practice with the aim of improving subsea power cable installation in offshore wind by preventing cable failure and thus enabling savings for the offshore wind industry. The Code of Practice for Offshore Cable Laying in

about 2 years ago
First floating OSS expected by 2030, but there are still some challenges, Semco Maritime says
Outlook & Strategy

Energinet and Semco Maritime Sign Long-Term Framework Agreement

Energinet has awarded Semco Maritime an eight-year framework agreement for the provisioning of technical consultants within the design, supervision, testing, commissioning, and maintenance of onshore and offshore technical facilities. The collaboration commences this month and solidifies Semco Marit

about 2 years ago
Windward Enters Offshore Wind Service Market, Orders Two CSOVs
Outlook & Strategy

Windward Enters Offshore Wind Service Market, Orders Two CSOVs

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

about 2 years ago
22 MW Offshore Wind Turbine in the Works for 2024/25
Outlook & Strategy

22 MW Offshore Wind Turbine in the Works for 2024/25

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

about 2 years ago
All Borssele 1 & 2 Turbines Standing
Outlook & Strategy

Netherlands Overshoots 2023 Offshore Wind Target

The Netherlands will reach, and exceed, the target set in its Offshore Wind Energy Roadmap 2023 by the end of this year. The country’s first offshore wind roadmap, created following the Dutch Energy Agreement signed ten years ago, sets a goal of 4.5 GW of installed capacity by the end of 2023 – and

about 2 years ago
TotalEnergies Teams Up with Corio and Rise on US Offshore Wind Project
Outlook & Strategy

TotalEnergies Teams Up with Corio and Rise on US Offshore Wind Project

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

about 2 years ago
Ingka Source Galileo
Outlook & Strategy

IKEA Parent Company Invests in Source Galileo Offshore Wind Portfolio

Ingka Investments, the investment arm of Ingka Group, which owns retailer IKEA, has invested in Source Galileo’s portfolio of offshore wind projects in Ireland and the UK. Ingka Investments has secured a 20 per cent stake in the offshore wind project portfolio of Source Galileo. The London and Dubli

about 2 years ago
Volvo Cars Makes Offshore Wind Power Play
Outlook & Strategy

Volvo Cars Makes Offshore Wind Power Play

Volvo Cars and Eolus Vind have signed a letter of intent to collaborate on the Västvind offshore wind power project off the coast of Gothenburg, Sweden. The partnership is based on an ambition that the wind farm will supply electricity to Volvo Cars’ operations at Hisingen. The partnership involves

about 2 years ago
Artist's impression of Hywind Tampen floating wind farm and the Snorre platform
Outlook & Strategy

Norwegian Ports Investment in Offshore Wind to Bring Millions of Euros by 2030 – Report

Norwegian ports investing in offshore wind can generate NOK 8.4 billion (about EUR 727 million) in annual value and employ approximately 6,400 people by 2030, according to a new report from Menon Economics. The study has identified 14 installation and assembly ports with plans to facilitate projects

about 2 years ago
Sea Wind Triconti strategic partnership
Outlook & Strategy

Triconti Opens Door to New Partner for 1.5 GW Wind Projects Offshore Philippines

Liechtenstein-based Sea Wind has entered into a strategic partnership with Triconti Windkraft Group for the development of two offshore wind projects in the Philippines. Sea Wind joins the consortium to fast-track the development of two offshore wind projects, namely Frontera, located outside Manila

about 2 years ago
Norway, Poland Strengthen Offshore Wind Collaboration
Outlook & Strategy

Norway, Poland Strengthen Offshore Wind Collaboration

Norwegian Offshore Wind has strengthened its collaborative efforts in the Polish market by signing two agreements (MoU) in Gdansk. The first memorandum of understanding (MoU) was signed between the Norwegian Offshore Wind and the Polish Offshore Wind Energy Society (PTMEW). According to Norwegian Of

about 2 years ago
Marubeni UK Government MoU
Outlook & Strategy

Marubeni and Partners to Invest Billions of Euros in UK Offshore Wind, Green Hydrogen Projects

Japan’s Marubeni has signed a memorandum of understanding (MoU) with the Department for Business and Trade of the UK Government on comprehensive cooperation in clean energy projects, including offshore wind and green hydrogen businesses in the UK. According to Marubeni, the MoU affirms the partnersh

about 2 years ago
Aventus Energy, Horizon Ocean Management Form Japanese Offshore Wind Partnership
Outlook & Strategy

Aventus Energy, Horizon Ocean Management Form Japanese Offshore Wind Partnership

UK-based Aventus Energy has partnered with Horizon Ocean Management (HOM) in support of Japan’s growing offshore wind sector. While HOM offers advisory, consultancy, and IMR services for the Japanese offshore wind sector, Aventus is said to bolster this partnership by providing a wide range of techn

about 2 years ago
Dudgeon offshore wind farm
Outlook & Strategy

Offshore Wind Supply Chain Could Boost UK Economy by GBP 92 Billion Before 2040

Growing the UK’s supply chain for offshore wind represents a GBP 92 billion (approximately EUR 106 billion) opportunity to boost the UK’s economy by 2040, according to a report by the Offshore Wind Industry Council (OWIC) and the Offshore Wind Growth Partnership (OWGP). The report, titled “Supply Ch

about 2 years ago
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