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Orsted A/S shares plunged a record 29% after the Danish offshore wind giant announced plans to raise as much as 60 billion Danish kroner ($9.4 billion) in a stock sale — another setback for a company once considered a flagship of the green energy transition. The share offering would be the biggest in the European energy… Read More
Why Should Delaware Care? A proposed wind farm off the Delaware-Maryland coast has been at the center of a years-long debate. While the project is slated for development, a key construction permit hangs in the balance and new federal intervention could see it brought to a halt. The Trump administration’s opposition to offshore wind power… Read More
Windward Offshore is proud to announce the signing of its first charter contracts for the two purpose-built Commissioning Service Operation Vessels (CSOVs), Windward Athens and Windward Paris. For this project, the vessels will be deployed specifically to support operations and maintenance (O&M) activities. The agreements were finalized last month together with North Star, the UK’s largest shipowner-operator which… Read More
Department of the Interior Secretary Doug Burgum moved to limit the development of renewable energy on federal land last week, including by rescinding all designated offshore “wind energy areas” on the U.S. Outer Continental Shelf, and requiring energy projects in federal areas be prioritized by capacity density. The WEAs were rescinded in a July 29… Read More
For years, Vineyard Wind has promised that the red lights atop its wind turbines, which blink through the night off Nantucket’s south shore, would be turned off unless an aircraft was detected in nearby airspace. Now, mere days after the Town of Nantucket made 15 demands of the offshore wind company and hinted at the… Read More
Nova Scotia announced plans in late July to jumpstart Canada’s offshore wind industry, revealing four designated areas for development—the first in the country—located off the province’s coast, with a goal to produce 5 GW by decade’s end. Province Premier Tim Houston also noted more ambitious plans for the “Wind West” megaproject aimed to produce 40… Read More
Today SSE Renewables’ massive 4.1GW Berwick Bank project was given its planning go ahead by the Scottish Government. SSE today welcomed the Scottish Government’s decision to grant consent for the pivotal 4.1GW Berwick Bank offshore wind farm, located around 38km east of the Scottish Borders coastline, boosting Scotland’s net zero ambitions and the UK’s clean… Read More
Nexans, a leader in the world’s energy transition which invested in the U.S. with its subsea transmission cable manufacturing facility in South Carolina, today announces an innovative partnership with Crowley Wind Services, a leading American shipping and logistics company, to develop and operate a Jones Act compliant cable lay barge. Dedicated to supporting the installation… Read More
The 91-metre-long Marmac 306 barge was built in Louisiana by Norwegian cable company Nexans, and is now digging a trench for the subsea export cables which will transmit the electricity generated by Equinor’s Empire Wind 1 project to the Brooklyn power grid. It is the very first vessel built in the US to undertake this… Read More
The Trump Administration is rescinding more than 3.5 million acres (1.4 million hectares) of Wind Energy Areas (WEAs) designated for offshore wind development on the US Outer Continental Shelf in yet another blow for the offshore wind industry. The decision was announced on Wednesday by the US Bureau of Ocean Energy Management (BOEM), the Department… Read More
-Ocean Winds has entered into a key agreement with Siemens Gamesa for the supply of SG 14-236 wind turbines and service maintenance, marking a significant step towards the realization of the offshore BC-Wind project in the Polish Baltic Sea. -The implementation of these advanced technological solutions will be essential in generating zero-emission energy, addressing the… Read More
BOSTON — Officials in Massachusetts’ Nantucket island on Tuesday accused the developer of the nation’s first utility-scale offshore wind project of not responding to their safety queries since Donald Trump’s election after a massive wind turbine broke apart last year and its fragments washed up on beaches. Nantucket’s select board gave Vineyard Wind two weeks to respond to… Read More
Offshore wind power could provide far more electricity than the U.S. uses for residential, commercial and industrial purposes. But the federal government has recently stopped approving offshore projects in the ocean. Another option is available, though: the Great Lakes, where we are based as water policy researchers, and where state agencies rather than federal officials are the trustees of the lakes…. Read More
The developer behind the Vineyard Wind offshore energy project expects the 62-turbine wind farm off the Island’s south coast could be completed by the end of the year. During a quarterly investor call this week, executives with the project’s parent company said that 23 turbines have been fully built at the farm about 14 miles… Read More
Equinor (NYSE:EQNR) shares waver between modest gains and losses after saying it booked $955M in impairments related to its U.S. offshore wind projects due to regulatory changes affecting the offshore wind industry in the country and increased exposure to tariffs. CFO Torgrim Reitan said a combination of tariffs, the Trump administration’s changing its mind on… Read More