Prysmian awarded $25 million for Massachusetts offshore wind cable factory

On 20 December, Massachusetts Governor Charlie Baker and Lt. Governor Karyn Polito announced the award of $180 million in funding for projects supporting offshore wind development, with a part of this earmarked for Prysmian’s high-voltage cable factory in Somerset. The Massachusetts government will support the construction of Prysmian’s offshore wind cable manufacturing facility in Somerset... Continue Reading →

Australia Launches First Offshore Wind Farm Zone

(Reuters) Australia on Monday opened up its first zone for developing offshore wind farms in a region off its southern coast, looking  to jumpstart a new industry to help achieve net zero carbon emissions by 2050. As expected, the government selected the Gippsland coast off the state of Victoria for the first offshore wind power zone, where an A$9... Continue Reading →

Massive port infrastructure needed in SLO County to support floating offshore wind in California, new study shows

A new study shows the massive port infrastructure that could come to the Central Coast to support proposed floating offshore wind energy developments. The $250,000, seven-month-long study, which was released Thursday, was prepared by engineering consulting firm Mott MacDonald, commissioned by economic development think tank REACH Central Coast and funded by San Luis Obispo County,... Continue Reading →

Strohm secures €15 million investment to support its TCP solutions

Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100% subsidiary of ING Bank), the Netherlands’ largest financial institution, as... Continue Reading →

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