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The Rhein-Main-Link is a 500 km energy route through an underground cable connection that will transport electricity from offshore wind farms in the North Sea to the Rhein-Main region Project is part of Germany’s energy grid expansion plan, bringing it a step closer to 2045 climate-neutral energy target Arcadis leverages its experience in planning and… Read More
Federal Bureau of Ocean Energy Management officials will meet with Oregonians concerned or curious about potential floating offshore wind energy projects following public and political outcry. Officials will host three in-person meetings in Gold Beach, Coos Bay and Brookings on Sept. 26, 27 and 28. The agency also doubled the public comment period from 30… Read More
(WO) – Transocean Ltd. announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected to commence in the third quarter of 2024 and represents approximately $486 million in firm backlog. Transocean has also agreed to acquire the outstanding interests in Liquila Ventures Ltd.,… Read More
The European Union will put forward a package of measures to support its wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday. “We will fast-track permitting even more. We will improve the auction systems across the EU. We will focus on skills,… Read More
Construction of a new ship that will help in the maintenance of a major offshore wind farm begins Wednesday morning at Fincantieri Bay Shipbuilding. The Sturgeon Bay shipyard is building the HAV 832, a 288-foot-long service operation vessel (SOV), for CREST Wind, a joint venture between maritime industry companies Crowley and ESVAGT. SOVs are purpose-built… Read More
Ørsted has entered its first solar project in the UK. One Earth Solar Farm is a proposed 740 MW solar farm with associated battery storage, that will primarily be located in Nottinghamshire near the border of Lincolnshire and is being co-developed with PS Renewables. Once operational, the 740 MW solar farm will generate enough clean,… Read More
Absent intervention, these near-term projects are increasingly at risk of failing,” the governors wrote. Offshore wind projects need more federal funding and planning assistance to ensure they get built, the Democratic governors of six northeastern states told the Biden administration, warning that a cornerstone of the climate change fight could be in jeopardy. President Joe… Read More
Building a robust and resilient infrastructure for the U.S. offshore wind industry. Ports and vessels are the backbone of the U.S. offshore wind industry. Understanding the improvements needed for the nation’s port infrastructure, as well as ensuring the availability and capacity of vessels, will be critical over the next decade as more turbines are installed… Read More
Houston-based offshore contractor McDermott has reached an agreement with its creditors and stakeholders on a restructuring plan that will push out debt maturities and deliver a new cash injection. The company has secured backing from most of its key creditors to extend repayment deadlines on its letter of credit facility and term loans to 2027…. Read More
Massachusetts Maritime Academy, a leader in offshore wind training, is the recipient of a $1 million award provided by the Massachusetts Clean Energy Center. This funding will be used for the expansion, design, development, and implementation of an Offshore Wind Vessel Simulation and Training Center. “The clean energy industry will bring valuable jobs to residents across Massachusetts,”… Read More
“As we mature towards the final investment decision, if the walk-away scenario is the economical, rational decision for us, then this remains a real scenario for us as an alternative to actually taking the final investment decision,” Chief Executive Mads Nipper said on an Aug. 30 call with investors. Orsted shares fell 25% in the… Read More
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that the company invests in a floating wind technology start-up, TouchWind (*1). The tilting angled one-piece rotor wind turbine which is being developed by TouchWind is expected to reduce wind interference between wind turbines (*2) that tends to occur in large wind farms… Read More
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 Empire Wind Farm Project offshore New York, which BOEM estimates could power more than 700,000 homes with clean renewable energy. “BOEM is… Read More
The Bureau of Ocean Energy Management (BOEM) announced yesterday that it has completed its environmental review of the proposed massive Empire Wind Farm Project, which would become the U.S.’s largest offshore wind site to gain approval. The Biden administration continues to push forward while developers are looking to reset their agreements to reflect the changing… Read More
Offshore wind power developers warned on Friday that Britain’s climate goals could be at risk after a subsidy auction for new renewable energy projects did not attract any investment in those planned off British coasts. Britain is aiming to develop 50 gigawatts (GW) of offshore wind capacity by 2030, up from around 14 GW now… Read More