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NEW LONDON, Conn. â (AP) â Despite some recent financial setbacks, U.S. offshore windpower has hit a milestone. An 800-foot tall turbine is now sending electricity onto the grid from a commercial-scale offshore wind farm on pace to be the country’s first. The moment is years in the making and at the same time a… Read More
Jan De Nul Group together with its consortium partners LS Cable & System and Denys, signed the contracts for two 525 HVDC cable systems for the two grid connection systems BalWin4 and LanWin1. These mark the first two contracts signed under the long-term framework agreement that TenneT and Jan De Nul have signed earlier this… Read More
DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. Recognising the unique potential for growth in the offshore wind industry in the Mediterranean Sea and the evolving market, both companies aim to play a significant role in… Read More
The UK is set to start the next phase of its development of offshore wind energy power generation looking to launch the first commercial-scale development of a floating offshore wind farm. Known as Round 5, The Crown Estate will start the leasing process in early 2024. The industry stands at a crossroads in the UK…. Read More
After a year of struggles for offshore wind developments amid rising costs, canceled projects, and failed auctions, governments and policymakers in Europe and the U.S. have realized they may need to pay up to ensure projects are built to help their decarbonization goals. Europe and the United States risk missing their ambitious wind power installation targets as… Read More
Van Oord successfully completed the installation of the Hollandse Kust Noord offshore wind farm. This brand new offshore wind farm, located 18.5 kilometres off the west coast of the Netherlands near Egmond aan Zee, now generates enough renewable energy for more than 1 million Dutch households.  CrossWind, a joint-venture between Shell and Eneco, contracted Van… Read More
Further to the press release issued on 17 October 2023, Ărsted has completed the divestment of 50 % of the Gode Wind 3 offshore wind farm to funds managed by Glennmont Partners from Nuveen. Gode Wind 3 has a capacity of 253 MW and was awarded to Ărsted in 2017 and 2018 as two separate projects with… Read More
Ărsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired AsnĂŠs Power Station in Kalundborg and the straw-fired unit at AvedĂžre Power Station in Greater Copenhagen. This project represents Denmark’s first full-scale carbon capture project and signals the dawn of a new era… Read More
Ărsted has taken final investment decision (FID) on phase one of Garreenleen Solar Farm, which marks the companyâs first solar investment in Ireland. Located 15 km outside of Carlow town, this 81 MW solar development is expected to be operational by 2026 and will bring Ărstedâs operational capacity on the island of Ireland to almost… Read More
Italian company Fincantieri has set the main terms and conditions to acquire 100% of Remazel Engineering, helping it to strengthen its position in the growing offshore wind sector. The transaction enables the group to acquire highly specialised capabilities in the design and supply of topside equipment, while increasing its role as partner of the major… Read More
The UAE announced plans for its second large investment in the UK offshore energy sector forming a partnership with Iberdrola which is set to develop one of the largest wind farms in the UK sector. This initiative which is part of a broader cooperation between the UAEâs Masdar and Spainâs Iberdrola follows a similar agreement… Read More
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a âŹ15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA. After the partiesâ successful co-investment in Baltic Eagle, in Germany, the new milestone of this alliance will be to… Read More
HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the âCompanyâ) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that it was awarded a third rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast… Read More
The Preservation Society of Newport County, which owns 11 historic properties, and the Southeast Lighthouse Foundation on Block Island filed appeals this week of the Bureau of Ocean Energy Managementâs approval of the South Fork Wind Farm and Revolution Wind. âWe support green energy,â Trudy Coxe, CEO of the Preservation Society, said in a statement. âFor two… Read More
Ărsted has been granted a 1.6 GW electricity business license (EBL) by the Ministry of Trade, Industry & Energy of Korea for an offshore wind project located 70 km off the coast of Incheon City. The license grants Ărsted exclusive development rights for its gigawatt-scale Incheon offshore wind project, which is set to become the… Read More