(PN) One of the challenges for implementing offshore wind farms in Brazil is defining the technology for transporting energy generated at sea to the continent. With this in mind, the Center for Research and Innovation in Greenhouse Gases (RCGI) began carrying out studies to understand the best technology for transmitting energy and, at the same... Continue Reading →
With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition
(Offshore-energy.biz) Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 million, with improving margins at 10.6% compared to 9.3% in 2022 – a year that Prysmian... Continue Reading →
Feritech Global spearheads subsea operations innovation for Oceaneering
Feritech Global has completed a major design and build project for Oceaneering, the world’s largest provider of subsea robotics to the offshore energy industry. The company has designed a next generation auto-drop piston corer which is expected to dramatically reduce the amount of time needed for subsea geotechnical surveying, increasing safety and efficiency, whilst reducing... Continue Reading →
BOEM to Decide on Massachusetts’ New 2.6GW Offshore Wind Project in April
(OE) The U.S. Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the proposed 2.6 GW New England Wind project offshore Massachusetts, being proposed by Avangrid’s unit Park City Wind. BOEM estimates the proposed project would generate up to 2,600 MW of electricity, enough to power more than 900,000 homes with clean,... Continue Reading →
Offshore wind accounts for 45% of NKT’s high-voltage order backlog
(OET) Subsea power cable manufacturer NKT has reported a record-high order backlog for high-voltage cables for 2023, with 45% of orders coming from offshore wind. At the end of last year, NKT’s order backlog was at €10.8 billion, more than double the company saw at the end of 2022. In its full-year 2023 results, the... Continue Reading →
Prysmian re-jigs Latam management, eyes offshore wind farm demand in Brazil
(Reuters) - Italian cablemaker Prysmian (PRY.MI), opens new tab has shifted around management in Brazil and Latin America as it gears up local plants to boost supply to the electricity sector and future offshore wind farms in the region, the company told Reuters. Raul Gil Boronat, who led Prysmian in Brazil, took over as CEO for Latin... Continue Reading →
Aker Solutions and Principle Power Win 1GW Floating Wind FEED Contract
(OE) Copenhagen Infrastructure Partner (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for floating offshore wind projects in South Korea. Haewoori floating offshore wind 2 and 3 projects, each rated at 500 MW, are located off the coast of Ulsan. As part of the scope, Aker Solutions... Continue Reading →
Prysmian Signs $5B Contracts with Amprion for Germany’s Offshore Wind
(OE) Italian cable maker and installation services provider Prysmian Group has secured three contracts with German transmission system operator Amprion worth around $5 billion, for two offshore grid connection systems - BalWin1 and BalWin2 - and the underground cable project DC34. The contracts follow the selection of Prysmian as preferred bidder in August 2023. The... Continue Reading →
US Plugs in First Large Offshore Wind Farm as Developers Play Catch-up
(Reuters) The U.S. offshore wind industry reached an important milestone on January 2 when Vineyard Wind 1, the country’s first large scale project, supplied first power to the Massachusetts grid. “As the nation’s first utility-scale offshore wind farm this is a fairly momentous event,” Ken Kimmell, Chief Development Officer for Avangrid, the Iberdrola subsidiary co-developing the... Continue Reading →
Eolmed Floating Wind Farm Starts Taking Shape in Mediterranean Sea
(OE) Bourbon Subsea Services has installed a floating electrical hub (FEH) at the Eolmed floating offshore wind farm in France, completing the first stage of the 30 MW project. The FEH for the pilot floating farm was installed off Portla-Nouvelle in southern France in fall 2023. This project will involve three 10 MW-rated wind turbines, supplied... Continue Reading →