European global offshore wind developer Parkwind has teamed up with Beach Energy to compete for a licence to develop offshore wind projects in the Bass Strait off the coast of Gippsland in Victoria, Australia. The bid was submitted as part of the Commonwealth Government’s process for granting offsho
Corio Generation is partnering with the Portuguese renewable energy developer, Hyperion Renewables, to explore opportunities to build offshore wind projects off the coast of Portugal. The two companies have signed a Memorandum of Understanding (MoU) to work together in preparing applications for off
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TGS and Kongsberg Gruppen (Kongsberg) have today announced a strategic collaboration to jointly develop integrated data and digital solutions for the offshore wind industry. According to forecasts, the offshore wind installed base worldwide is expected to more than quadruple between 2023 and 2030, s
Equinor will postpone a further development of the Trollvind offshore wind initiative off Norway indefinitely. The company said the decision was based on several challenges facing the project, including technology availability, rising costs, and a strained timetable to deliver on the original concep
London-headquartered Corio Generation and Daewoo Engineering and Construction (Daewoo E&C) have signed a Memorandum of Understanding (MoU) to jointly develop offshore wind projects in South Korea. Under the MoU, Corio and Daewoo E&C have agreed to explore collaboration opportunities in developing bo
Equinor’s Hywind Tampen, the world’s largest floating offshore wind farm in operation, has started delivering electricity to the Snorre oil and gas field in the Norwegian North Sea. The 88 MW Hywind Tampen delivered first power in November 2022. The electricity was delivered to the Gullfaks A platfo
Renewable energy developer European Energy and offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have formed a long-term strategic partnership to jointly pursue offshore wind opportunities in the Baltic Sea within Lithuania, Estonia, and Latvia. The Baltic stat
The Ports of Rotterdam and Brazil’s Pecém have signed a collaboration agreement on energy projects such as offshore wind and green hydrogen production. The aim of this partnership is to strengthen bilateral cooperation and knowledge and promote public and private initiatives between the Netherlands
Swedish developer OX2 has agreed with Ingka Investments to sell a 49 per cent stake in its three offshore wind projects in Finland with a total installed capacity of about 6,000 MW. The three projects are Halla, Laine, and Tyrsky located in the Gulf of Bothnia in the Finnish Exclusive Economic Zone.
Sharing infrastructure, services and supply chain between wind and wave energy projects can reduce the levelised cost of energy (LCOE) for wind by up to 7% and by up to 40% for wave energy, while the combined LCOE of a shared project can be up to 12% lower than in separate developments, according to
ABB has announced that it will collaborate with Lhyfe and Skyborn to jointly realise and optimise SoutH2Port renewable hydrogen project located in Sweden. Together with Lhyfe and Skyborn, ABB will drive large-scale integration of the production of offshore wind renewable energy hydrogen into the ene
The American Clean Power Association (ACP) has released a report on the US offshore wind market, outlining a rapidly growing pipeline of projects across 32 leases totaling 51,377 MW of expected capacity which is enough to power the equivalent of more than 20 million homes. Altough the US currently l
The offshore wind sector must take action to address a rising tide of mechanical breakdown issues, component failures, and serial defects ensuing from the deployment of ever-larger offshore wind, according to GCube Insurance (GCube), an underwriter for renewable energy projects. GCube’s new report,
