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Categories for Offshore Wind Power News

Resolutions of the 2024 annual general meeting of Ørsted A/S

Denmark

Today, Ørsted A/S held its annual general meeting, where the following decisions were adopted: The audited annual report for 2023 and treatment of loss The audited annual report for 2023 was approved. In accordance with the proposal of the Board of Directors, no dividend is paid out to the shareholders for the financial year 2023…. Read More

Towards a new generation with the Damen Offshore Carrier

Netherlands

The development of Damen’s Offshore Carrier vessel (DOC) was sparked by a desire to increase efficiency. The concept was born when Damen hit upon the idea of combining the tug and pontoon conventionally used in offshore transportation, in a single vessel. Almost immediately, a range of advantages presented themselves. Such a vessel would significantly widen the weather… Read More

New York offshore wind projects back on track – at nearly double the original cost

NY, United States

Two US offshore wind projects, thrown into doubt last year after inflated supply chain costs rendered them uneconomical, have been awarded new contracts by the New York state government worth just over $US150 per megawatt-hour ($A230/MWh) – almost double the original strike price. New York governor Kathy Hochul says the state hadsawarded two projects for… Read More

Biggest offshore wind farm in world scraps green hydrogen proposal

Australia

The developers of UK offshore wind project Dogger Bank D is abandoning its original plan to produce green hydrogen, preferring instead to just supply electricity into the national grid. Joint developers Britain’s SSE and Norway’s Equinor and Vårgrønn had been exploring the prospect of using the power from the 2 gigawatt (GW) fourth phase extension… Read More

EQT, Temasek Initiate Sale of O2 Power: Eyeing $1.2 Billion Valuation Amid Renewable Energy Boom

India

Global investment giants EQT Capital and Temasek are setting the stage for a significant move in the renewable energy sector by initiating the formal sale process of O2 Power, a platform they co-founded in 2019. Barclays has been tasked with the sale, targeting global infrastructure funds and energy companies, as the market witnesses a flurry… Read More

Sunrise Wind selected for award in New York’s fourth offshore wind solicitation

NY, United States

New York’s energy agency, New York State Energy Research and Development Authority (NYSERDA), has conditionally awarded Ørsted and Eversource’s Sunrise Wind project the right to negotiate a 25-year offshore wind renewable energy certificate (OREC) agreement for an offshore wind farm with a maximum capacity of 924 MW. The price per MWh for power generated from… Read More

Offshore wind supporters pitch prospect of major jobs boost

NJ, United States

State officials joined union leaders at a commercial diving school in Camden County on Friday to tout the prospect of new jobs in New Jersey’s growing offshore wind industry. The Eastern Atlantic States Regional Council of Carpenters opened its dive school in Sicklerville two years ago, to train some of the workers that will soon… Read More

A Perfect Storm Battered the Offshore Wind Industry in 2023, Is Fairer Weather Ahead?

United States

This essay is included in Insights 2024, a collection of articles and videos addressing important emerging legal issues in the year ahead. Following a turbulent 2023, the new year brings renewed promise in US offshore wind power development as industry participants adapt to challenges—rising costs, permitting bottlenecks, and global supply chain issues—that have caused difficult headwinds… Read More

Record year for wind farms raises hope for EU green energy goals

Belgium

A record year for building new wind farms and a rebound in investments in the sector have raised hopes that the EU may achieve its clean energy targets, industry group WindEurope said on Wednesday. In an annual report, WindEurope described 2023 as a year of “significant improvements” in key areas of Europe’s wind energy sector,… Read More

Maine Shaken by High-Stakes Offshore Wind Port Choice

ME, United States

Maine Governor Janet Mills announced that the state selected a section of state-owned Sears Island reserved for port development to support the floating offshore wind industry. The site selection followed an extensive public stakeholder process led by the Maine Department of Transportation and Maine Port Authority to consider the State’s primary port development options. However,… Read More

BOEM Completes Environmental Analysis for Proposed Wind Project Offshore Massachusetts, Rhode Island, and New York

United States

In support of the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed New England Wind project offshore Massachusetts. BOEM estimates the proposed project would generate up to 2,600 megawatts (MW) of electricity, enough to… Read More

Vineyard Wind Starts Delivering Steady Power

MA, United States

Five offshore wind turbines in the waters south of the Vineyard are now sending 68 megawatts of power to the regional grid, the first time such a project has ever delivered a steady flow of electricity in Massachusetts. The milestone was cheered by state officials, who see the Vineyard Wind project as the first of… Read More

Damen Shipyards maintains its lead in short to medium range security and law enforcement vessels

Netherlands

In 2024, Damen Shipyards is celebrating the supply of more than 70 of its 42-metre plus Stan Patrol vessels. These inshore patrol vessels range in size from 42 metres up to 62 metres, with six versions from which to choose. Capable of speeds of up to 30 knots and a range of up to 5,000… Read More

BOEM Approves Construction and Operations Plan for Empire Wind’s Offshore Wind Project

WA, United States

In support of the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today announced its approval of Empire Wind’s Construction and Operations Plan (COP), which authorizes construction and operation of the wind energy project offshore. This is the project’s final approval from… Read More

City of Salem and Crowley Wind Services Announce Historic Community Benefits Agreement for Wind Terminal Project

MA, United States

Nearly $9 million CBA represents strong commitment between port developer and the community. The City of Salem and Crowley today announced the details of a Community Benefits Agreement (CBA) worth nearly $9 million in direct funding assistance to the community, as well as other non-financial benefits. Crowley, through its Wind Services business unit, is developing… Read More

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