(Reuters) - Siemens Energy unveiled sweeping changes at its struggling wind division on Wednesday, including job cuts and a new CEO, tightening its grip on a loss-making business as the provider of power equipment emerges from its biggest crisis to date. The announcement, which was flanked by a raised full-year outlook and a fourfold increase... Continue Reading →
Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind
(Offshore-energy.biz) Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of contract awards last year, taking its backlog... Continue Reading →
Europe’s First Commercial-Scale Floating Offshore Wind Farm Secures All Planning Approvals
(offshoreWIND.biz) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have obtained the offshore planning approval for the Green Volt floating wind farm offshore Scotland. With onshore consent announced earlier this month, Green Volt has now received all its planning approvals and remains on track to be the first commercial-scale floating offshore... Continue Reading →
Explainer: China’s dominance in wind turbine manufacturing
(Reuters) - The European Union will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, the bloc's anti-trust commissioner, Margrethe Vestager, has said. Tuesday's move is the latest in a growing effort in both Europe and the United States to shield domestic clean energy industries from cheap Chinese imports, which authorities say benefit... 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 →
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 →
Axess Gets Concept Engineering Job for Multi-Turbine Floating Wind Platform Developer
(OE) Norwegian offshore energy industry services company Axess Technologies has won a concept engineering study contract with Wind Catching Systems (WCS), a developer of floating offshore wind technology. The scope of work entails an advanced handling system capable of replacing turbine blades and entire turbines, while also serving as a versatile work platform for inspection,... Continue Reading →
US Offshore Wind: Down but Not Out
(As published in the February 2024 edition of Marine News magazine by Eric Haun) “The winds of change are blowing wild and free.” – Bob Dylan In the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven... Continue Reading →
Dutch gov’t issues offshore wind tender teaser
(OET) The Netherlands Enterprise Agency (RVO) plans to publish a European tender in the first half of April for geotechnical surveys of the Huibertgat and Ballonplaat sites in the Netherlands. The objective of the tender is to conclude an agreement with one or more tenderers who can carry out geotechnical investigations at the nearshore Huibertgat... Continue Reading →