(offshoreWIND.biz) The Danish Energy Agency (DEA) has issued a construction permit for the 240 MW Jammerland Bugt offshore wind farm, which is planned to be built near Kalundborg, Denmark. The project involves the installation of 16 wind turbines on monopiles and covers an area of 31.1 square kilometres south of Kalundborg, east of the Great Belt,... Continue Reading →
Failed offshore auction highlights how Denmark missed winds of change
(Reuters) - Denmark's failure to attract any bids in an offshore wind power tender last week stems from a rigid auction model, a failure to adapt to a changed economic reality for renewable energy projects and rising competition, analysts said on Friday. The outcome was a blow to Denmark, home to turbine maker Vestas and offshore wind... Continue Reading →
Petrobras signs Heads of Agreement with European Energy
Petróleo Brasileiro S.A. – Petrobras, following up on the announcement made on November 16, 2023, informs that it has signed today a Heads of Agreement (HoA) with the Danish company European Energy. This agreement is an important step in negotiations to structure a business partnership aimed at implementing a commercial-scale e-methanol plant in Brazil, to... Continue Reading →
The Offshore Floating Wind Horses Have Already Left The Barn, Thanks To US Taxpayers
(cleantechnica.com) The offshore wind industry has planted tens of thousands of turbines in coastal waters around the world since the early 2000s. That’s a good start, but it’s just a start. New offshore floating wind technology is beginning to hit the market, extending the reach of wind turbines into new territory and providing new opportunities... Continue Reading →
US green power demand expected to grow regardless of election outcome
(Reuters) - Demand for green power in the United States will grow regardless of who is the country's next president, major players in the wind energy sector Vestas and Orsted said on Tuesday. Offshore wind developers have seen profits shrink in recent years due to rising raw material costs, high interest rates, inadequate grid connections, supply chain bottlenecks,... Continue Reading →
RWE Cleared to Begin Construction on Denmark’s Largest Offshore Wind Farm in Spring 2025
(offshoreWIND.biz) The Danish Energy Agency (DEA) has granted RWE the offshore construction permit for its Thor offshore wind farm, enabling RWE to begin construction at sea in spring 2025. RWE said that good progress is already being made on land, with the laying of cables and the construction of an onshore substation in the municipality... Continue Reading →
Equinor Becomes Second Largest Shareholder in Ørsted
(OE) Equinor has acquired a 9.8% stake in Ørsted, becoming the second largest shareholder in the company after the Danish State, which holds a controlling stake. Equinor's ownership position has been built over time, through a combination of market purchases and a block trade. The current market value of Equinor's holding in Ørsted is around... Continue Reading →
Vattenfall Launches 344MW Danish Offshore Wind Farms
(OE)The Vesterhav Nord and Vesterhav Syd offshore wind farms, developed by Vattenfall with a combined capacity of 344 MW, have been officially inaugurated offshore Denmark. The two, almost identical wind farms, are located off the Danish west coast and consists in total of 41 wind turbines, each with a capacity of 8.4 MW. The capacity... Continue Reading →
Mexico approves Harbour acquisition of Wintershall Dea
(offshore.mag.com) Harbour Energy expects to complete its acquisition of Wintershall Dea’s global E&P portfolio in early September. The process of satisfying the conditions to completion has been advancing, including the recent receipt of Mexico regulatory consents. Earlier this month, the Danish Energy Agency also approved the indirect transfer of interests in four licenses that had been granted to... Continue Reading →
Ramboll Boosts Wind Division with K2 Management Acquisition
(offshoreWIND.biz) Denmark-headquartered Ramboll has acquired its compatriot K2 Management, a global consultancy company specialising in wind and solar energy. Following the acquisition, which is subject to customary regulatory approval, Ramboll’s global wind division will encompass over 900 people across 20 countries, adding a new local presence in Vietnam, Thailand, and Portugal. Ramboll is said to... Continue Reading →