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It's on us. Share your news here.
What do our fabrication managers do? We asked Olga Alieksieienko. At Baltica 2 in Poland, Olga helps to deliver 1.5 GW by the end of 2027. But before any component is installed in the Baltic Sea this spring, it must go through a thorough inspection process to confirm that it meets our strict requirements for quality and safety. That’s… Read More
By Nate Delesline III, The Virginian-Pilot The cost of Dominion Energy’s Coastal Virginia Offshore Wind project has risen by roughly $300 million. “Estimated total project costs for CVOW, inclusive of contingency and excluding financing costs, have increased from approximately $11.2 billion to approximately $11.5 billion,” Dominion said in a Friday regulatory filing. The utility said… Read More
By Andrew Follett Virginia Democrats want to quintuple their state’s offshore wind power and greatly accelerate its construction timeline. What they fail to see — or admit — is that this approach would pose a huge risk to American national security. In January, Democrats in the Virginia State House proposed House Bill 920, expanding offshore wind power… Read More
A marine licence has been granted to a pioneering marine restoration initiative led by Newcastle University and the Marine Biological Association to revive native kelp beds along England’s northeast coast. The Green Gravel Kelp Restoration Project seeks to combat climate change and biodiversity loss by reintroducing juvenile kelp into the ocean using an innovative technique…. Read More
Against the backdrop of strained relations with the United States and ongoing security concerns over potential Russian attacks on European infrastructure, states bordering the North Sea gathered in Germany to announce a major investment plan to boost offshore wind energy production. Industry representatives welcomed the initiative, saying it could help address growing difficulties in securing… Read More
A federal judge has ruled that Vineyard Wind may continue construction on its 62-turbine, $4.5 billion wind farm southwest of Nantucket while a lawsuit challenging the Trump administration’s stop-work order remains pending. Finding that the government failed to “adequately explain or justify the decision to halt construction,” Massachusetts District Court Judge Brian Murphy issued the stay Tuesday,… Read More
AI is about to change healthcare. These 109 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10b in market cap – there’s still time to get in early. What Is Dominion Energy’s Investment Narrative? To own Dominion Energy today, you really have to believe in… Read More
VARD, part of the FINCANTIERI group, has finalized its key contribution to the NuProShip II (Nuclear Propulsion in merchant Shipping) research project: a concept design for a nuclear-powered offshore construction vessel. The study confirms that integrating a small 4th generation nuclear reactor as the primary power source in a DP vessel is technically feasible, while meeting… Read More
The Bureau of Ocean Energy Management today announced the issuance of two Calls for Information and Nominations to solicit industry nominations and public comments on areas of interest for potential offshore oil and gas leasing in Southern California and Central California under President Trump’s 11th National Outer Continental Shelf Oil and Gas Program. Publishing these calls in… Read More
The Joint Offshore Wind Investment Pact for the North Seas is a giant leap towards powering Europe with renewable, reliable, and cost-competitive electricity. With more investment predictability, a de-risked investment framework, and a coordinated build-out plan of up to 15 GW per year in Europe, Ørsted and the offshore wind industry is committed to bringing… Read More
RWE and Aneo have signed a transaction agreement for the sale of RWE’s wind activities in Sweden. The agreement covers RWE’s onshore wind development pipeline of 1.8 GW, onshore wind farms with a total operational capacity of 124 MW and the operational Karehamn offshore wind farm with a capacity of 48 MW. It also includes… Read More
This project not only marks a leap in renewable energy use but also showcases advancements in maritime engineering. China has successfully installed the world’s first 20-megawatt offshore wind turbine, an innovative project spearheaded by China Three Gorges Co., a leading global energy firm. Situated over 30 kilometres from the coast of Fujian Province, the turbine is… Read More
Early findings suggest stronger support in California compared to other West Coast states for offshore wind, though many people reported facing information overload. Offshore wind is moving forward along the West Coast, even as the Trump administration has put up hurdles. Despite those delays, companies are continuing to plan for the large, floating wind farms…. Read More
Britain among 10 nations to build 100GW grid in North Sea linking countries through subsea cables The German chancellor, Friedrich Merz, has said he wants the North Sea to become the “largest reservoir of clean energy worldwide”, as he announced plans to accelerate efforts to link up offshore wind power projects with Europe. The UK and… Read More
Ørsted takes ninth place in this year’s Corporate Knights Global 100, which ranks the most sustainable companies in the world based on an assessment of the companies’ sustainability performance. This is the ninth year in a row that Ørsted is included on the Global 100 list of the most sustainable companies in the world. Ingrid… Read More