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Ørsted presents an operating profit (EBITDA) for 2024 based on preliminary and unaudited reporting. EBITDA excluding new partnership agreements and cancellation fees is expected to total DKK 24.8 billion in 2024, in line with the latest guidance. The operational earnings from Offshore and Onshore were the main contributors and delivered in line with our expectations…. Read More
The orders pause wind lease sales and permitting on federal lands while taking steps to accelerate other forms of energy production. Dive Brief: President Donald Trump began his second term Monday with a bevy of executive orders, including one that temporarily withdraws all federal waters from consideration for offshore wind leasing, and pauses permitting, approvals and… Read More
The Italian company seeking to build a cable manufacturing plant at Brayton Point in Somerset, Massachusetts, pulled the plug on the $300 million project Friday, dealing a major blow to offshore wind development on the East Coast as well as the economic prospects of the small South Coast town. The Prysmian Group spent nearly three… Read More
The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. “We are proud to announce BOEM’s final approval of the SouthCoast Wind… Read More
US Congressman Jefferson Van Drew said on Monday that he was working closely with US President-elect Donald Trump on drafting an executive order to stop offshore wind activities along the US East Coast. The directive is expected to be finalised within the first few months of Donald Trump’s administration, the US Congressman stated in a… Read More
Vattenfall has signed a contract with French ship owner Louis Dreyfus Armateurs for up to three large Service Operation Vessels to be used at existing and planned offshore wind farms in the North Sea. The 90 meter Service Operation Vessels will be used to support offshore wind farm operations and maintenance in the North Sea… Read More
#CDWE takes another significant step toward advancing Taiwan’s sustainable energy future! We have signed the contract with Copenhagen Infrastructure Partners for the transport and installation of pile and jacket foundations and OSS on the 500MW Fengmiao1 Offshore Wind Farm. Our heavy-lift installation vessel, #Green Jade, will once again play a pivotal role installing 33 jacket… Read More
Today, the Bureau of Ocean Energy Management (BOEM) announced it will initiate an environmental review of Vineyard Mid-Atlantic’s proposed offshore wind energy project, located in the federal waters offshore New York and New Jersey. The Vineyard Mid-Atlantic Offshore Wind project is in one of the six lease areas within the New York Bight Wind Energy… Read More
Rep. Jeff Van Drew (R-N.J.) said Tuesday he is collaborating with President-elect Trump on an executive order that would halt the construction of new wind turbines, a frequent Trump target, off the East Coast. In a statement, Van Drew said he has been “working closely” with Trump on the measure as well as longer-term plans for permanent… Read More
State’s energy expertise can boost jobs, economy, and export opportunities Louisiana can leverage its strong energy expertise to expand its leadership in the supply chain for U.S. offshore wind development, according to a study by Greater New Orleans Inc., the Center for Planning Excellence, the Southeastern Wind Coalition, Xodus Group, and The Pew Charitable Trusts…. Read More
Massachusetts is set to take another step forward on offshore wind before the presidential inauguration, which is now 10 days away. Developers and the state’s utility companies appear to be moving ahead with new commitments, even as President-elect Donald Trump vows not to allow the construction of more offshore wind turbines. Avangrid and Ocean Winds… Read More
Subsea7 today announced the award of a contract by Equinor for a front-end engineering and design (FEED) study with EPCI1 option for the Fram Sør development project, offshore Norway. The study will finalise the technical definition of the proposed subsea development prior to Equinor and its partners making the final investment decision. Work will begin immediately… Read More
Rotterdam, The Netherlands – The brand new offshore installation vessel Boreas has successfully been handed over to Van Oord during a festive ceremony at the Yantai CIMC Raffles Offshore Ltd. shipyard in China. After an intensive construction period, colleagues, partners and suppliers came together to celebrate this special milestone. The Boreas, named after the Greek… Read More
Louisiana’s Coastal Protection and Restoration Authority (CPRA) has made significant headway in its mission to protect the state’s vulnerable coastline, showcasing 109 active projects in its latest annual report. These initiatives include hurricane protection, wetland restoration and community resilience efforts, all vital to mitigating the effects of erosion and climate change. The CPRA recently highlighted… Read More
China’s first autonomous offshore wind power inspection platform was officially put into operation at an offshore wind farm on Saturday in Rudong, East China’s Jiangsu Province, marking a significant breakthrough in the operation and maintenance capabilities of the country’s offshore wind power equipment, CCTV reported. The platform, developed by China Longyuan Power Group, a subsidiary… Read More