TotalEnergies and the Government of Rio de Janeiro announced the signing of the Memorandum of Understanding (MoU) to collaborate with the development of offshore wind generation in the State. The agreement, which lasts for 2 years, includes the company's collaboration in studies related to fiscal and tax incentives and the expansion of the GRID system... Continue Reading →
Floating Offshore Wind: EDP Group Transfers Stake in Principle Power to Ocean Winds
EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW. Principle Power is specialized in the design of floating structures to support offshore wind turbines that can be used in deeper waters. ... Continue Reading →
Eversource Energy to Sell 50% Stake in US Offshore Wind Site to Ørsted for $625M
(Reuters) Eversource Energy on Thursday agreed to sell its 50% stake in a wind development site off the south coast of Massachusetts to joint venture partner Ørsted for $625 million in cash. The agreement to sell the lease area of about 175,000 developable acres is expected to close in the third quarter of 2023 and... Continue Reading →
First US-Built Offshore Wind Substation Sets Sail
Offshore wind developers Ørsted and Eversource marked the sailaway of the first U.S.-built offshore wind substation, which departed a Texas fabrication facility Wednesday. The substation is transiting across the Gulf of Mexico and then up the East Coast for installation at the South Fork Wind project site in a few weeks. Kiewit Offshore Services, Ltd.... Continue Reading →
BW Ideol, Elawan Energy Eye Joint Development of Floating Offshore Wind Projects in Spain and Portugal
Floating wind farm and technology developer BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further negotiation of the final agreement between the Parties. In Spain, Elawan Energy has more... Continue Reading →
Substation for First Commercial-scale US Offshore Wind Farm Leaves Denmark
(OE) The offshore substation and jacket foundation, bound for the U.S. offshore wind project Vineyard Wind 1, have left the quay at Bladt Industries’ production site in Southern Denmark, heading for its destination 35 miles from mainland Massachusetts. Sail-away is on time according to the original schedule and is a major milestone for the project... Continue Reading →
Floating Solar Market Set to Surpass 6 GW by 2031, Wood Mackenzie
(OE) The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday. “The global solar industry, including PV developers, continue to battle limited land availability and... Continue Reading →
TGS and Kongsberg Team Up to Deliver High-quality Data and Digital Solutions for Offshore Wind
Norwegian companies TGS and Kongsberg on Wednesday announced a strategic collaboration to jointly develop integrated data and digital solutions for the offshore wind industry. TGS, known for its seismic services in the oil and gas sector, and Kongsberg, for its maritime equipment and technology, said the aim of the partnership is "more efficient use of data... Continue Reading →
UK’s SSE to Spend Up to $50.5B This Decade on Clean Energy Projects
(Reuters) British power generator and network operator SSE Plc on Wednesday set out plans to invest up to 40 billion pounds ($50.48 billion) this decade on clean energy projects and called on the government to ensure the country remains competitive. Britain is aiming to ramp up its renewable power capacity as it seeks to meet... Continue Reading →
Provence Grand Large Floating Wind Farm: First Foundation Floated Out
(OE) The first of three SBM Offshore designed foundations of the Provence Grand Large floating wind farm was floated out this week at the fabrication yard in Fos-sur-Mer, France. Eiffage Metals, the Fos-sur-Mer fabrication yard owner, said Monday:”The three [floating foundations] of this [offshore wind farm] were assembled in our plant in Fos-sur-Mer. These tripod-shaped... Continue Reading →