Philip Lewis, Contributor, Director Research at Intelatus Global Partners. (OE) Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and Pacific region provides both opportunities and some challenges... Continue Reading →
Orsted Might Consider Chinese Turbines
(Reuters) Offshore wind farm developer Orsted has no Chinese turbines in its current project pipeline, its CEO said on Thursday, but did not rule out buying turbines or technology from China in the future. The European wind turbine market is dominated by local players such as Vestas and Siemens Gamesa, but Chinese turbine makers have... Continue Reading →
Q Vision Near-Term Viable Market data module
There’s a new realism in the Floating Wind Industry. The big numbers from the hype days were never going to make it in time and projects are ‘moving to the right’ we hear almost daily. But perhaps those projects had too optimistic timelines initially. In reality, 2030 was just a round number and now that it’s suddenly close... Continue Reading →
Equinor, CBO and Wartsila complete conversion of PSV with potential to reduce emissions by 30%
(PN) Equinor, in partnership with CBO and Wärtsilä, has completed the hybridization of the CBO Wiser, a PSV (Platform Supply Vessel) type vessel. The vessel now has a battery system and uses both diesel and electric power, becoming the first of its kind in Brazil to operate in this way. With this innovation, a reduction... Continue Reading →
Ørsted Delays US Offshore Wind Project as Impairment Losses Hit
(Reuters) Renewable energy group Orsted booked 3.2 billion Danish crowns ($472 million) in impairment losses in the second quarter, due partly to a delay in construction of a major U.S. offshore wind project, sending its shares down almost 8% on Thursday. The world's biggest offshore wind developer pushed back the start of commercial operations at... Continue Reading →
Equinor, Dominion Energy Secure Central Atlantic Offshore Wind Lease Areas
(offshoreWIND.biz) Equinor and Virginia Electric and Power Co, a subsidiary of Dominion Energy, have provisionally won lease areas in the Central Atlantic offshore wind auction in the US, each securing one site. The auction, which yielded almost USD 93 million (around EUR 84 million), saw a total of six companies participating. Equinor is provisionally awarded... Continue Reading →
BOEM’s Environmental Analysis Sees No Significant Impacts of Wind Leases Off Oregon
(OE) The Bureau of Ocean Energy Management (BOEM) has concluded that leases for potential offshore wind energy development off the Oregon coast would have no significant impacts to people or environment. BOEM has made available its final Environmental Assessment (EA) of the possible impacts from issuing leases for potential offshore wind energy development off the... Continue Reading →
Port of Açu signs first contract for hydrogen hub with Norwegian company Fuella
(epbr) The Port of Açu, located in the north of Rio de Janeiro (RJ) and controlled by Prumo Logística, announced the closing of the first contract to reserve an area for the hydrogen hub of the Port of Açu. The agreement was signed with the Norwegian company Fuella, specialized in the development and operation of... Continue Reading →
RWE, Luxcara Winners of German 5.5 GW Offshore Wind Tender
(offshoreWind.wind) RWE and Luxcara have been selected as winners of the latest German tender, offering a total of 5.5 GW of capacity across three sites, N-9.1, N-9.2, and N-9.3, all located in the German North Sea. RWE has secured the sites N-9.1 and N-9.2, where the company plans to build two offshore wind farms with... Continue Reading →
McDermott calling the shots at Shell’s mega gas project offshore Trinidad and Tobago
(offshore-energy.biz) U.S. offshore engineering and construction player McDermott has been tasked with putting all the pieces in place for the development of a gas project off the coast of Trinidad and Tobago, thanks to an engineering, procurement, construction, installation (EPCI), hook-up, and commissioning contract with Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered... Continue Reading →