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California is now only a decade away from its 2035 requirement to use 90% clean electricity, and two decades away from needing to reach 100%. To reach these crucial milestones and realize the full environmental and public health benefits of clean energy, we must scale up the production of renewable energy technologies like solar panels,… Read More
President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The order Trump issued on his first day in office indefinitely paused new offshore wind leases in U.S. coastal waters and halted new permits pending the completion… Read More
The Norwegian government has cancelled plans for another fixed-bottom offshore wind tender in the North Sea due to cost concerns, shifting its focus toward developing floating offshore wind projects. On 10 February, the Ministry of Energy announced that it no longer plans to advertise the Sørvest F later this year, which is an extension of… Read More
A single wind turbine spinning off the U.S. Northeast coast today can power thousands of homes – without the pollution that comes from fossil fuel power plants. A dozen of those turbines together can produce enough electricity for an entire community. The opportunity to tap into such a powerful source of locally produced clean energy – and… Read More
Source Galileo, a leading European renewable energy development company, developing the PortWind project, announced it has signed a non-exclusive Memorandum of Understanding (MoU) with Portland Port, an established commercial port on the South Coast of England, to work together with the common goal of maximizing opportunities for offshore wind development off the Dorset coast with associated… Read More
A new bill has been introduced in California’s state legislature that would add an assessment of funding opportunities for offshore wind port infrastructure to the Governor’s Five-Year Infrastructure Plan. Introduced on 6 February, Assembly Bill 472 would amend the definition of “infrastructure” in the California Infrastructure Planning Act to include offshore wind port infrastructure as under the… Read More
Today, Ørsted’s Board of Directors approved adjustments to the company’s business plan towards a focused capital allocation to strengthen the capital structure. The company will prioritise the most value-accretive growth opportunities through a self-funded investment programme. During 2024, Ørsted delivered full-year results in line with expectations, reaching an EBITDA excluding new partnerships and cancellation fees… Read More
Today, Ørsted’s Board of Directors approved the annual report for 2024. Rasmus Errboe, Group President and CEO of Ørsted, says: “We are pleased with our operational performance and financials results, where we ended the year in line with our updated expectations. Furthermore, we successfully renegotiated and settled contracts related to the close-down of Ocean Wind… Read More
When it comes to floating offshore wind, Norway and Japan are an ideal match for business collaboration. While Norway is the global leader in floating wind energy, Japan has high ambitions to develop its own floating offshore wind industry. “With unique expertise in marine operations, Norwegian companies are ideally suited to help Japan develop its… Read More
Rotterdam, The Netherlands, 6 February 2025 – Van Oord’s heavy lift installation vessel Svanen has successfully installed the first monopile at the Baltic Power offshore wind farm, located 23 kilometres north of the Polish coast. The wind farm features the new generation of wind turbines, with a generating capacity of 15 megawatts. After a recent… Read More
Louis Dreyfus Armateurs’ subsidiary LD Tide has won a contract to supply a crew transfer vessel for the French offshore wind project Îles d’Yeu and Noirmoutier. LD Tide will supply the 24-passenger vessel for operations and maintenance services at the Eoliennes en Mer des Îles d’Yeu et de Noirmoutier (EMYN) project. The 488MW offshore wind… Read More
Highlights President Donald Trump’s Wind Energy executive order (EO) indefinitely withdraws all areas of the Outer Continental Shelf (OCS) from any new or renewed wind energy leasing activity. Though existing offshore wind leases remain valid, they are subject to review with the possibility of terminating or amending those leases. Federal agencies cannot issue new approvals,… Read More
Germany is likely to reach its target of having a total offshore wind electricity capacity of 30 gigawatt (GW) in 2031, one year later than planned, said several industry groups in a joint press release. But the target for 2035 of at least 40 GW is on course to be met one year earlier if the government can create planning… Read More
The end of a project in New Jersey “plays right into the hands of Donald Trump.” Blue states spent the last four years one-upping each other with bigger and bigger plans to build offshore wind farms that could power the nation into the future. Now, just three weeks into Donald Trump’s presidency, the question is:… Read More
Strategic Expansion into Global Offshore Wind Market with Major Projects Like Anma and Taean LS Marine Solution, a key player in South Korea’s marine engineering and construction sector, has reported significant financial growth, driven by its involvement in the Jeonnam Offshore Wind Power Phase 1 project. The company announced on Feb. 3 that it recorded… Read More