(offshore WIND.biz) The award of 1.5 GW of floating wind capacity in Norway, which was planned for this year, will be held in 2025 as the Norwegian government plans to have the subsidy model in place and announced before allocating the Utsira Nord (Utsira North) offshore areas for development. The government says the decision to... Continue Reading →
BOEM Announces Review of Proposed Vineyard Northeast Project
(OE) The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of Vineyard Northeast’s proposed offshore wind energy project, located 29 miles offshore Nantucket, Massachusetts at its closest point. BOEM estimates the proposed project would generate up to 2,600MW of electricity, enough to power more than 900,000 homes with clean renewable... Continue Reading →
US Revises Tax Credit Rule to Help Offshore Wind Projects
(Reuters) The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied on fossil fuel industries for employment. The revision follows nearly a year of warnings by offshore wind companies that their projects might not move... Continue Reading →
WindEurope: Offshore Wind FIDs Reached EUR 30 Billion in 2023; Wind Energy Sector to Employ More than Half-Million People in 2030
( offshoreWind.biz)Last year was a record year for offshore wind projects reaching a final investment decision (FID) with nearly 9 GW of capacity hitting this milestone in 2023, according to WindEurope’s annual report, issued on 28 February. Ahead of its annual event, opening today in Bilbao, the European wind energy industry organisation also released a new... Continue Reading →
RCGI Research Center study technologies to interconnect Offshore Wind farms in Brazil to the Electric Grid
(PN) One of the challenges for implementing offshore wind farms in Brazil is defining the technology for transporting energy generated at sea to the continent. With this in mind, the Center for Research and Innovation in Greenhouse Gases (RCGI) began carrying out studies to understand the best technology for transmitting energy and, at the same... Continue Reading →
Shell Sells Stake in SouthCoast Wind Energy
(Reuters) Energy firm Shell said on Wednesday it had sold its 50% stake in SouthCoast Wind Energy, established to develop wind projects off the coast of Massachusetts, to its joint venture partner Ocean Winds North America for an undisclosed sum. Offshore wind developments faced a slowdown in 2023 as rising inflation, higher borrowing costs and... Continue Reading →
Euroports and BlueFloat Forge Strategic Offshore Wind Alliance
(OE) One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe. The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish... Continue Reading →
BREAKING: Parkwind Consortium Wins Norway’s First Offshore Wind Tender
(offshoreWIND.biz) The Norwegian government has unveiled Ventyr Energi, a consortium of Parkwind and Ingka Investments, as the winner of the Sørlige Nordsjø II (Southern North Sea II) offshore wind auction round in Norway. The winning bid in the auction was NOK 115 (EUR 0.099) per kWh. “This is a milestone in the government’s offshore wind... Continue Reading →
Focus: Green energy giant Statkraft looks beyond Norway for growth
(Reuters) - Norwegian state-owned utility Statkraft, which has quietly become Europe's largest renewable energy producer, faces the challenge under its new CEO of balancing ambitions for global growth with financial restraint and calls to go public. On Monday, Statkraft's board announced Birgitte Ringstad Vartdal, its head of Nordic operations, would take on the top job... Continue Reading →
RWE Joins Forces with Spanish Port to Create Floating Wind Hub
Germany's top utility RWE has signed a Letter of Support with the Port Authority of A Coruña to facilitate the scaling-up of the port capacity in support of the Spanish government’s floating wind targets. Working together under a Letter of Support, the partners will investigate the potential for transforming infrastructure at the Port of Coruña,... Continue Reading →