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Recently, Rongcheng Shipbuilding Industry Co., Ltd. officially started the construction of a multi-functional piling ship for offshore photovoltaic for Shandong Lankun Ocean Engineering Co ltd, a subsidiary of Shandong Ocean Group. The ship is designed with an overall length of 64.9 meters, a width of 28 meters, a depth of 3.4 meters, a self-sustainability of… Read More
The nation is closer to its offshore wind energy goals than ever before, but has some rough waters yet to navigate. To further reduce risk and costs associated with offshore wind development—and help assure future wind farms operate efficiently and reliably—better wind forecasting is needed. Weather patterns are difficult to predict offshore due to complex… Read More
About two years ago, New Jersey’s Democratic Governor Phil said that the state would be partnering with the Danish company Orsted, the largest developer of offshore wind projects in the world. The company had agreed to build Ocean Wind 1, the state’s first offshore wind farm, powering half a million homes and creating thousands of… Read More
Van Oord has been contracted for the construction of the Baltica 2 Offshore Wind Farm, developed by Ørsted and PGE. The wind farm is located 40 kilometres offshore in the Polish area of the Baltic Sea. Van Oord will transport and install 111 extended monopiles, of which 107 will serve as foundations for wind turbines… Read More
Overview BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry as the global demand for more renewable sources of energy increases. Work on the contract, WINDSEACON, was initiated through a series of… Read More
In support of the Biden-Harris administration’s goals for deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the designation of two final Wind Energy Areas (WEAs) offshore Oregon. The WEAs were developed following… Read More
In a step toward building the first massive wind farms off California’s coast, three assemblymembers have proposed a $1 billion bond act to help pay for the expansion of ports. The bill, if approved, would place a bond before voters aimed at helping ports build capacity to assemble, construct and transport wind turbines and other large equipment…. Read More
There are two ways to make a fortune. The first is where, like Rolex, you sell a relatively small number of luxury, designer products at an eye-watering high price. The second is where, like Alibaba, you sell lots of things cheaply. Something analogous is true for greenhouse emissions. Some sectors are small yet produce tons… Read More
In a step toward building the first massive wind farms off California’s coast, three Assemblymembers today proposed a $1 billion bond act to help pay for the expansion of ports. The bill, if approved, would place a bond before voters aimed at helping ports build capacity to assemble, construct and transport wind turbines and other large equipment…. Read More
By Nadia Lopez and Josh Saul (Bloomberg) –Two of President Joe Biden’s biggest priorities — conservation and the switch to clean energy — are colliding in the ocean off California’s quiet Central Coast. Located halfway between San Francisco and Los Angeles, Morro Bay boasts a rich ecosystem of fish, otters and migrating whales that the Indigenous… Read More
The Department of Energy (DOE) is counting on the development of up to 50,000 megawatts (50 gigawatts) of offshore wind power projects to surpass its target of more than 50-percent renewable energy share in the power mix by 2050. Undersecretary Rowena Guevara said the DOE expects power generation from ten OSW projects with a 6,720… Read More
Today, Ørsted’s Board of Directors has approved a business plan with the ambition of 35-38 GW of installed capacity by 2030 and updated financial targets, following the completion of a comprehensive portfolio review. The updated ambition and financial targets that Ørsted announces today confirm that Ørsted, despite the challenges in 2023, remains a global leader… Read More
Today, Ørsted’s Board of Directors approved the annual report for 2023. Operating profit (EBITDA) for the year amounted to DKK 18.7 billion. Excluding new partnerships and cancellation fees, EBITDA amounted to DKK 24.0 billion, above our guidance of DKK 20-23 billion. EBITDA from offshore sites more than doubled to DKK 20.2 billion in 2023 due… Read More
The employees in Ørsted have selected their employee-elected members to the Board of Directors. The following employees were elected as employee-elected board members for the next two years: Benny Gøbel, Senior Mechanical Specialist, EPCO & IT (re-elected) Anne Cathrine Collet Yde, Global HR Business Partner, People & Development (re-elected) Ian McCalder, Radio Communication Project Specialist,… Read More
PROVIDENCE, RI – The Department of Environmental Management (DEM) is announcing that its Office of Customer and Technical Assistance (OCTA) has scheduled a public comment hearing on Feb. 22, in accordance with the Administrative Procedures Act, on the application request of SouthCoast Wind Energy LLC for a State of Rhode Island Dredge Permit, that includes a State of Rhode Island Water Quality Certification pursuant… Read More