Hexicon Signs Second Credit Facility Extension to Support Company During Planned Divestments

(offshoreWIND.biz) Swedish floating wind developer Hexicon has extended a credit facility the company secured earlier to provide support during a period of planned divestments until 30 June 2025. For financing, which amounts to SEK 75 million (approximately EUR 6.6 million), Hexicon signed an agreement with Wallstreet Aktiebolag, part of the Wallenius Group, and a group... Continue Reading →

BOEM Advances Offshore Wind Leasing in Guam

In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for Information and Nominations (Call) for possible wind energy leasing off... Continue Reading →

Offshore Wind Turbines in 2024: 20+ MW Prototypes Rolling Out in Europe, China; 16 MW Remains Most Powerful Turbine Installed Offshore

(OffshoreWIND.biz) In offshoreWIND.biz‘s 2023 annual wind turbine overview from January 2024, you could have read about the first 16 MW model installed offshore and a 22 MW turbine about to enter development. Fast forward twelve months, a 21 MW prototype in Europe and 22 MW and 26 prototypes in China are expected to soon be installed... Continue Reading →

Harnessing cutting-edge technologies to shape next-generation FPSO future

(offshore-energy.biz) The global offshore energy industry’s floating production solutions have come a long way from their humble beginnings and seem to be poised to continue their evolution driven by the need to tap deeper into challenging offshore environments buttressed by growing energy demand, rising security of supply concerns, and increasing climate change prompts to pivot... Continue Reading →

Supply Chain Calls for Narrowing Down Floating Wind Platform Designs

(offshoreWIND.biz) “We probably have around 150 different floating wind platform designs at the moment. So how do you design a perfect port for floating wind?”—Tommy Sandtorv, CCO Karmsund Port at Karmsund Port Authority. Sandtorv shared this thought on 26 November at Offshore Energy Exhibition & Conference (OEEC) in Amsterdam, during a discussion about the challenges in the... Continue Reading →

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