(offshoreWIND.biz) Colombia’s Ministry of Mines and Energy has issued a new resolution launching the country’s first offshore wind bidding round, which will operate under a contract for differences (CfD) scheme. The round is designed to promote strategic technologies that strengthen the resilience and sustainability of the National Interconnected System, according to the ministry. Colombia guarantees... Continue Reading →
US Floating Wind Platform Developer Issues RFI to Fabricators Worldwide
(offshoreWIND.biz) Aikido Technologies, which recently secured a spot at a Norwegian offshore demo site, has released an RFI for its 15 MW ‘AO60’ floating wind platform to offshore wind fabricators. The California-based floating wind foundation developer said on social media that it had issued the RFI to more than ten “top-tier offshore wind fabricators from around the world”.... Continue Reading →
Massachusetts Postpones Round 5 Offshore Wind Solicitation
(offshoreWIND.biz) Massachusetts Department of Energy Resources (DOER) does not expect the Round 5 Request for Proposals (RFP) for offshore wind to be issued until next year, at the earliest, due to uncertainty at the federal level. In a letter to the state’s Department of Public Utilities (DPU), dated 7 August, DOER noted that it is... Continue Reading →
Denmark’s Orsted seeks $9.4 billion as US wind market falters
Aug 11 (Reuters) - Denmark's Orsted (ORSTED.CO), opens new tab on Monday asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as the wind farm developer seeks to boost its finances amid U.S. President Donald Trump'sopposition to wind power. Struggling in recent years with soaring inflation and logistical problems that sent costs soaring,... Continue Reading →
German Economic Minister Warns of Risks to Tenders as Recent Offshore Auctions Draw No Bids
Aug 6 (Reuters) Germany's Economy Minister Katharina Reiche warned on Wednesday that flawed site selection and shifting market dynamics were undermining offshore wind tenders, as the country's latest offshore auctions received no bids. Two August tenders for offshore wind energy plants, with volumes of 2,000 MW and 500 MW, and planned commissioning dates in 2031 and 2030, drew no bids for the first... Continue Reading →
TGS wraps up survey for Europe’s first commercial-scale floating wind farm
(offshore-energy.biz) TGS has completed an ultra-high-resolution 3D (UHR3D) seismic survey for the Green Volt floating offshore wind farm in Scotland, developed by a consortium of Flotation Energy and Vårgrønn. According to TGS, the record-breaking survey integrated Multibeam Echo Sounder (MBES), Sub-bottom Profiler (SBP), Side Scan Sonar (SSS), and magnetometer data into a unified dataset. This... Continue Reading →
Iberdrola raises $5.9 billion to fund growth in US, Britain
July 23 (Reuters) - Europe's largest utility Iberdrola raised five billion euros ($5.87 billion) through a capital increase on Wednesday to help pay for a big rise in investments in power grids in Britain and the United States. The company plans to step up annual investments to around 15 billion euros from around 12 billion euros,... Continue Reading →
Green hydrogen retreat poses threat to emissions targets
July 23 (Reuters) - Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels. The challenges facing the sector have exposed its initial ambitions as unrealistic. Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation, have... Continue Reading →
Equinor Takes $955M Impairment Hit on US Offshore Wind Farm
(Reuters) Norway's Equinor said on Wednesday it booked a $955 million impairment on an offshore wind project in the United States, despite the lifting of an earlier ban on its construction by President Donald Trump's administration. In April, Interior Secretary Doug Burgum said the administration of former President Joe Biden had failed to conduct enough... Continue Reading →
Siemens Gamesa Lines Up 63-Turbine Order for German Offshore Wind Farm
(OE) Skyborn Renewables has confirmed the execution of the Turbine Supply Agreement (TSA) and the Offshore Long Term Program Service Agreement (LTPSA) with Siemens Gamesa for the provision of 63 SG 14-23 wind turbines and their long term service for the Gennaker offshore wind farm in Germany. Both agreements are based on the Master Supply... Continue Reading →