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Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer. "The transaction generates significant capital which will be used to further strengthening Odfjell Oceanwind’s position as a global leader and frontrunner in floating offshore wind technologies. Odfjell Technology Ltd.... Continue Reading →
RWE, Wales’ largest renewable energy generator, has funded a study to investigate the quayside offload and launch of two types of floating offshore wind platforms – one steel and one concrete – alongside the integration of next generation wind turbine generators onto these platforms. Their aim is to maximise local supply chain opportunities by utilising... Continue Reading →
(OW) Japan-based Mitsui O.S.K. Lines (MOL) and EDF Renewables have signed a memorandum of understanding (MoU) to cooperate on offshore wind and green hydrogen business development. With this MoU, both partners agree to collaborate and bring together their respective and complementary knowledge and experience in offshore wind energy as well as in green hydrogen solutions.... Continue Reading →
(OW) Capital Energy, a renewable energy project developer based in Spain, has submitted applications for environmental assessments for three floating offshore wind farms in Portugal with a total capacity of 2 GW. Named Parque Eólico Offshore Barlavento, Parque Eólico Offshore Carvela and Parque Eólico Offshore Âncora, the first two are proposed to have 40 wind turbines... Continue Reading →
(OE) UK-based company Tugdock has signed a Memorandum of Understanding with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland. Tugdock, based in Cornwall, UK, has patented marine buoyancy technology that enables heavy marine structures to be built or assembled and loaded-out in ports with water depth or... Continue Reading →
The US has almost 53 GW of offshore wind projects in operation, development and planning stages. This could power more than 18 million US households if all the projects currently in development and planning are built. The US offshore wind pipeline reached 52,687 MW at the end of May 2023, with two offshore wind farms... Continue Reading →
(Reuters) The bosses of Portuguese utility EDP and oil company Galp on Tuesday warned the government the guaranteed price of the power generated will be key to preventing the first auction of floating offshore wind farms from failing like a recent one in Britain. Portugal's first auction for floating offshore wind farms, set to be... Continue Reading →
(OW) The US will need around USD 36 billion (around EUR 34 billion) over the next decade to meet the nation’s offshore wind port infrastructure gap, according to a report released by the Business Network for Offshore Wind. The report, called Building a National Network of Offshore Wind Ports: A $36B Plan for Domestic Clean Energy... Continue Reading →
(OE) Principle Power, a provider of floating foundation solutions for the floating wind industry, said Tuesday it had expanded its WindFloat product portfolio to two fully industrialized products: the existing WindFloat tubular design – now called WindFloat T – and the new flat panel, pontoon-based solution, known as the WindFloat F. Principle Power said both... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 09/13/2023, informs that the request to start the environmental licensing process for ten areas in the Brazilian sea for the development of offshore wind energy projects aims to assess the technical-economic and environmental viability of areas with strong potential for... Continue Reading →
Brazil Energy Insight 