In its four years of operation, the world’s first semi-submersible floating offshore wind farm, WindFloat Atlantic, has surpassed anticipated production figures, achieving a total cumulative output of 320 GWh. Connected to the grid by the end of 2019 and fully commissioned in 2020, the floating offshore wind farm was developed by the Windplus consortium formed... Continue Reading →
US Approves Maryland Offshore Wind Project
(Reuters) President Joe Biden's administration on Thursday announced final approval of a wind project off the coast of Maryland, bringing the U.S. halfway to its goal of deploying 30 gigawatts of the clean energy technology by 2030. The project is the 10th approved by Biden's Interior Department. He has made offshore wind a cornerstone of... Continue Reading →
First Offshore Wind Turbine Stands Tall at US Revolution Wind Project
(OE) The first 11 MW Siemens Gamesa offshore wind turbine, out of total 65 planned, has been installed at Ørsted’s 704 MW Revolution Wind offshore wind farm in the United States. Once in operation, Revolution Wind will have the capacity to generate 400 MW of clean power for Rhode Island and 304 MW for Connecticut,... Continue Reading →
Big floating wind farm by Eni unit, Hitec wins Britain support
(Reuters) - Flotation Energy and Vaargroenn, a joint venture between Eni unit Plenitude and private equity firm HitecVision, said on Tuesday their floating offshore wind project Green Volt won a contract at Britain's latest renewable power auction. The 2.5 billion pound ($3.28 billion) initiative, which is expected to have a capacity of up to 560 megawatts, is... Continue Reading →
First Oregon Offshore Wind Lease Sale Announced
(OE) The US Department of the Interior will hold an offshore wind energy lease sale off southern Oregon on October 15, 2024. The auction will be conducted by the Bureau of Ocean Energy Management and could generate more than 3.1 gigawatts of renewable energy if fully developed, enough to power approximately one million homes. Lease... Continue Reading →
TotalEnergies Floating Offshore Wind Pilot Project will Provide Power to Gas Platform
(OE) TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea. Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area. The 3MW floating wind turbine will be located 2km west... Continue Reading →
Environmental Approval Granted for Floating Wind Project in South Korea
(OE) Mainstream Renewable Power, the pureplay global wind and solar company majority-owned by Aker Horizons, has announced that KF Wind, a 1,125MW floating offshore wind project being developed off the coast of Ulsan, South Korea, has secured the Environmental Impact Assessment (EIA) approval from the Ministry of Environment for the totality of the two-phase project.... Continue Reading →
Equinor scraps Spain, Portugal offshore wind plans as costs rise
(Reuters) - Norwegian energy company Equinor has cancelled its offshore-wind projects in Spain and Portugal, in addition to its previously announced exit from Vietnam, and could withdraw from more countries to rein in spending, an executive told Reuters on Wednesday. "We have been actively pursuing early-phase opportunities in a series of markets around the world, in different... Continue Reading →
7.6 GW Offshore Wind Plan Gets State Regulator Approval in California
(offshoreWIND.biz)The California Public Utilities Commission (CPUC) has finalised its plan to facilitate the state’s procurement of more than 10 GW of large-scale renewable energy and storage, including 7.6 GW of (floating) offshore wind. CPUC has voted to adopt a proposed decision from July, directing the Department of Water Resources (DWR) to procure electrical resources with... Continue Reading →
Norway sovereign wealth fund commits $1 bln to renewable energy fund
(Reuters) - Norway's sovereign wealth fund said on Monday it will commit 900 million euros ($1.01 billion) to the latest renewable energy fund of investment firm Copenhagen Infrastructure Partners (CIP). Norges Bank Investment Management (NBIM) committed the sum to CIP's fifth flagship fund CI V, which invests in offshore and onshore wind, solar farms, grid... Continue Reading →