(OE) The first components of the floating wind turbine, developed by renewable energy company Eolink as part of the France-Atlantique Project, arrived at the port of Brest. The project will deliver the largest operational floating wind turbine on the French Atlantic coast to meet the energy needs for 6,500 people. The arrival of the inaugural... Continue Reading →
US Offshore Wind Industry Comes Roaring Back, Part Infinity
By Tina Casey (CT) Just a few months ago the US offshore wind industry seemed to be headed for the rocks, accompanied by much cheering on the part of groups opposed to renewable energy. Well, that was then. The industry is on track to replace all the contracts that faltered last year, and then some,... Continue Reading →
Hexicon to take full ownership of South Korean floating offshore wind project
Today Hexicon AB (publ.) signed a Sales and Purchase Agreement (SPA) to take full ownershipof MunmuBaram Co., Ltd. from its joint venture partner Shell Overseas Investments B.V. Underthe agreement, Hexicon AB will increase its stake in the project from 20 % to 100 %, increasingthe project portfolio by 900 MW. Completion of the transaction is... Continue Reading →
Maine Selects Sears Island as Preferred Site for Floating Wind Port Facility
(OE) The government of Maine has selected a section of state-owned area on Sears Island as its preferred site for a port facility development that will support the floating offshore wind industry. The selection of the site, announced by the Governor of Maine Janet Mills, follows an extensive public stakeholder process led by the Maine... Continue Reading →
Aker Solutions and Principle Power Win 1GW Floating Wind FEED Contract
(OE) Copenhagen Infrastructure Partner (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for floating offshore wind projects in South Korea. Haewoori floating offshore wind 2 and 3 projects, each rated at 500 MW, are located off the coast of Ulsan. As part of the scope, Aker Solutions... Continue Reading →
MODEC sets out to fortify FPSO business while embracing decarbonization and new opportunities
(OET) With the current energy ecosystem in mind, Japan’s FPSO operator MODEC has unveiled its new, mid-term business plan, covering the period from 2024 to 2026, which spotlights the Japanese player’s intention to further strengthen the profitability of its core FPSO business, strategically invest funds to decarbonize its FPSO units, develop new opportunities, and bolster... Continue Reading →
US and Denmark Team Up for $4.2M Floating Wind Innovation Call
(OE) The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Innovation Fund Denmark have announced an intention to release a $4.2 million funding opportunity to advance floating offshore wind energy systems. The announcement builds on a memorandum of understanding (MoU) between DOE, the Denmark Ministry of Higher Education and Science, the Denmark... Continue Reading →
CIP Inks MoU for Floating Offshore Wind Structures in South Korea
(OW) Denmark-headquartered Copenhagen Infrastructure Partners (CIP) has signed a memorandum of understanding (MoU) with HSG Sungdong for the floating wind structures for its 1.5 GW Haewoori offshore wind project in South Korea. Under the non-binding MoU, the two companies plan to establish a partnership to explore opportunities to optimise the fabrication of floating foundations to... Continue Reading →
France’s First and Only Operational Floating Wind Turbine Gets Lifetime Extension
(OW) Floatgen, the demonstration floating wind turbine installed at the SEM-REV offshore test site in France, has completed its planned five-year run but will operate for another five years as the demo project was decided to get a lifetime extension. The floater, which consists of a 2 MW Vestas V80 wind turbine mounted on BW Ideol’s Damping... Continue Reading →
World’s First Semi-Submersible Floating Offshore Wind Farm Smashes Predictions
(OW) WindFloat Atlantic, the world’s first semi-submersible floating offshore wind farm, has completed its third year in operation, closing in 2023 with an electricity production of 80 GWh. Connected to the grid by the end of 2019 and fully commissioned in 2020, the floating offshore wind farm was developed by the Windplus consortium formed by... Continue Reading →