By Diana DiGangi U.S. orders for wind turbines reached 2.8 GW in the second quarter of this year as developers raced to commence construction on projects before July 4, 2026, tax credit deadlines, according to a Monday report from Wood Mackenzie. Meanwhile, the U.S. installed about 5 GW of onshore capacity in the second quarter —… Read More
By Jens Gjerrild, Robert Hjorth, Frank Klose, Jeremy Merz, and Josien Bovenberg As we predicted in the 2025 Offshore Wind Industry Update, governments are currently ramping up efforts to compete for developer interests; not all have however succeeded in moving from stated commitment to implementing the needed changes. The result is a strong divergence of market responses. Some have acted,… Read More
Abu Dhabi Future Energy Company (Masdar) has raised $600 million through its first blue bond, debt tied to ocean and water projects. Proceeds are earmarked for maritime renewable energy projects, including offshore wind. The five-year bond is rated AA- by S&P and Fitch. Masdar said that makes it the highest-rated public corporate blue bond globally… Read More
Toyo Construction Co. Ltd. needed a flexible vessel designed for the growing Japanese offshore wind market, while maintaining the versatility to operate worldwide. VARD responded with a tailor-made VARD 9 15 cable laying and construction vessel. With a removable cable lay system, two offshore cranes and a large working deck, the vessel can transition between… Read More
The eagle (transformer) has landed to help deliver power from Hornsea 3 Offshore Wind Farm ⚡ Our last of nine massive transformers has arrived on site at Hornsea 3’s Onshore Converter Station. With each one weighing up to 272 tonnes, the equivalent of 150 average cars, it’s taken quite the operation to get them in… Read More
