(Reuters) The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But they stopped short of endorsing a 2030 deadline for phasing out coal that Canada and other members... Continue Reading →
Floating Offshore Wind: New Seascape, New Challenges
Tom Ewing, Contributor (OE) Offshore wind energy planners are giving close review to fixed-tower systems in order to extend lessons learned to floating wind towers, under development now. In the U.S., floating towers have been most closely associated with plans for new wind energy areas (WEA) in the Pacific, off of California and maybe Oregon and... Continue Reading →
Q FWE’s Offshore Wind Turbine Index Grows to $2.2 Trillion Dollars CapEx in 1Q 2023
With the addition of 115 new global offshore wind projects over the Last Twelve Months (LTM), Quest Floating Wind Energy (Q FWE) are actively tracking 752 projects (with statuses Under development, Pre-development, Planned and Possible) representing $2.2 trillion in CapEx, a $1.06 trillion year over year (YoY) gain. The Quest Offshore Wind Turbine Index (QOWTI),... Continue Reading →
Markets: The Challenges of Developing Floating Wind at Scale
Philip Lewis, Contributor Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain. There has been much focus on the emerging floating wind market of late. The U.K. is forging ahead with commercial scale floating wind developments through the Scotwind and INTOG awards of at... Continue Reading →
SOFEC Awarded an Approval in Principle (AiP) by DNV for an Ammonia TransferSystem using its CALM and Tower Mooring Technologies
As a part of SOFEC’s commitment to the Energy Transition, SOFECis pleased to announce that the newly developed Ammonia Transfer System has been awardedan Approval in Principle (AiP) by DNV for use with two mooring technologies 1) CALM Buoy and2) Tower Mooring solutions.Both CALM Buoy and Tower Mooring solutions are part of SOFEC’s proven product... Continue Reading →
World’s Deepest Offshore Wind Foundation Installed in Scotland
(OE) Italian energy services firm Saipem has installed what has been described as the world’s deepest offshore wind turbine foundation at Scotland’s largest offshore wind farm – Seagreen. Last Friday, Seaway 7 transported the jacket foundation on a barge to the offshore site it was met by the semisubmersible crane vessel Saipem 7000 which is... Continue Reading →
IberBlue Wind to invest $4.36 bln in Portugal-Spain offshore wind
(Reuters) - Irish-Spanish consortium IberBlue Wind plans to invest more than 4 billion euros ($4.36 billion) in two wind farms off the Atlantic coasts of Portugal and Spain, it said on Tuesday. IberBlue said in a statement it aimed to create a combined installed capacity of 1.96 gigawatts (GW), enough to supply electricity to over... Continue Reading →
Wind Energy Market to Exceed 1 TW of Installed Capacity by 2023 End, Wood Mackenzie Says
The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie. “After needing more than 40 years to reach one TW of installations, the wind industry will reach the next TW of installations within the next eight... Continue Reading →
RVO, EnBW issue offshore wind contract notices
The Netherlands Enterprise Agency (RVO) and Germany-based EnBW have issued contract notices seeking services for the development of offshore wind farms in the Doordewind wind farm zone and in the German Exclusive Economic Zone (EEZ), respectively. RVO aims to publish a tender around the end of May or the beginning of June 2023. The goal... Continue Reading →
CIMC Raffles Delivers China’s First Semi-submersible Floating Solar Power Platform
(OE) China's CIMC Raffles, best known to Offshore Engineer readers for its offshore drilling rig construction project, has recently launched and delivered China's first semi-submersible offshore floating solar power platform. According to CIMC, the platform is "a self-developed and self-owned intellectual property," and has been officially handed over to CIMC Solar Marine Technology (Yantai) Co.,... Continue Reading →