(OE) Samsung Heavy Industries (SHI) and Equinor have signed a preferred supplier agreement for floating structures for the 750 MW Bandibuli offshore wind project being developed in South Korea. The supplier agreement for the fabrication and marshalling of the floating substructures for Bandibuli’s wind turbines was signed by SHI and Equinor on August 7, 2024.... Continue Reading →
BlueFloat Selects Site for Floating Wind Demo Project Offshore Taiwan
(OE) BlueFloat Energy has revealed the site location for its floating wind project, which will participate in the upcoming floating demonstration program, due to be launched by the Taiwanese government later in 2024. The ‘Winds of September Phase 1’ project, in development since 2021, will involve the installation of up to 12 floating platforms for... Continue Reading →
Offshore Wind: Inside the Financial Web
Barry Parker, Contributor of bdp1 Consulting Ltd (OE) Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately high-risk deals that might better suit the... Continue Reading →
Tokyo Gas Makes First Investment in Overseas Floating Wind Project
Tokyo Gas has acquired a 21.2 per cent stake in WindFloat Atlantic, the 25.2 MW floating offshore wind farm in Portugal. WindFloat Atlantic, operated by Windplus, a majority-owned subsidiary of Ocean Winds, has been operational since 2020. According to the Japanese company, this is Tokyo Gas’s first direct investment in an overseas floating offshore wind... Continue Reading →
Newly Established Consortium Unveils Plans for 960 MW Floating Wind Project in Chile
(offshoreWind.biz) A recently launched UK-based renewable energy developer 17 Energy and a Chilean company SC Power have established a consortium with a plan to build a floating offshore wind farm with an installed capacity of 960 MW. The floating wind farm is proposed to be built off the coast of Chile’s Biobío Region. The consortium... Continue Reading →
Fugro Concludes Four-Year US Offshore Wind Survey
(OE) Fugro has completed four years of continuous survey operations in New Jersey and New York for US-based offshore wind developer Atlantic Shores Offshore Wind. Supporting the site assessment of five projects across three lease areas totaling 1,000 km², Fugro worked with Atlantic Shores to pioneer a new data collection and management approach. According to... Continue Reading →
RWE Appoints COO for Its US Renewables Business
(OE) RWE has appointed Kevin Kroll to serve as Chief Operating Officer (COO) of its U.S. renewables business, RWE Clean Energy. Starting August 1, under the lead of Andrew Flanagan, CEO of RWE Clean Energy, Kroll will complete the Executive Leadership Team of the company which also includes Chief Financial Officer (CFO) Ingmar Ritzenhofen and... Continue Reading →
Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind
(offshoreWIND.biz) Japan’s Sumimoto Corporation and JGC Japan Corporation have signed an agreement to investigate the possibility of collaboration in the detailed design, manufacture, and delivery of structural components for floating offshore wind turbines. According to the companies, they aim to cut costs, improve efficiency, and mass-produce structures for floating wind farms, while also setting up... Continue Reading →
US Opens Bidding for Offshore Wind Acreage off Texas
(Reuters) The U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer Hecate Energy Gulf Wind LLC made an unsolicited bid. The administration of President Joe Biden sees offshore wind power as a vital part of a broader... Continue Reading →
Rovco Wins Survey Work on Green Volt Floating Wind Farm Offshore Scotland
(offshoreWIND.biz) Rovco has been selected to conduct site characterization operations on the Green Volt floating offshore wind farm project in Scotland. UK-based company will focus on geophysical surveys in the offshore wind farm array area, offshore and nearshore export cable corridors, shallow Piezocone Penetration Test (PCPT), and vibrocoring. Rovco’s DP2 survey vessel Glomar Supporter will begin its... Continue Reading →