June 18 (offshoreWIND.biz) The US Department of the Interior (DOI) said on 17 June that it had reached an agreement with Invenergy under which the developer will relinquish four offshore wind leases in exchange for a USD 765 million (approximately EUR 664 million) reimbursement and redirect the capital into natural gas and geothermal energy projects.... Continue Reading →
Trump Administration Withdraws Appeal, Leaving Wind Energy Leasing and Permitting Freeze Vacated
June 17 (offshreWIND.biz) The Trump Administration has withdrawn its appeal of a federal court ruling that vacated the section of its January 2025 Presidential Wind Memorandum that halted federal leasing and permitting activities for onshore and offshore wind projects, leaving the court’s decision in place and the wind permitting and leasing freeze overturned. The US... Continue Reading →
US states sue Trump administration over deal to scrap offshore wind project
June 2 (Reuters) - Seven U.S. states led by New York sued the Trump administration and a French energy firm on Tuesday for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by the company to invest instead in fossil fuel projects. The lawsuit in the Washington,... Continue Reading →
The Global Floating Wind Industry Flexes Its Muscles (Including California, Too)
May 30 (cleantechnica.com) Beginning in the early 2000’s, US taxpayers devoted many millions of dollars to support new floating wind turbine technology, enabling many more gigawatts of clean power to be harvested from offshore sites. Too bad all that blood, sweat, and tears went to waste after US President Donald Trump blew up the domestic offshore... Continue Reading →
California Reaffirms 25 GW Offshore Wind Target for 2045
May 25 (offshoreWIND.biz) California remains committed to deploying 25 GW of offshore wind capacity by 2045, according to state officials who were at the recently held 2026 Pacific Offshore Wind Summit, hosted by Offshore Wind California. David Hochschild, Chair of the California Energy Commission, reiterated California’s offshore wind ambitions and said the state would continue... Continue Reading →
CIP Remains Eager to Invest in Italian Offshore Wind
May 23 (Reuters) Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient. Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government has yet to announce a calendar for auctions it said it would hold by 2028. The inertia reflects a reluctance... Continue Reading →
UK launches third funding round for offshore wind supply chain projects
May 14 (splash) The Crown Estate has launched a third round of its Supply Chain Accelerator, making an additional £15m ($20.3m) in early‑stage development funding available to support UK offshore wind supply chain businesses and projects. The programme, first established in 2024 with a £50m pool, is now entering its third and final funding round,... Continue Reading →
UK Continues Offshore Wind Expansion with 6 GW Leasing Round Planned for Early 2027
March 27 (offshoreWIND.biz) The Crown Estate has unveiled plans for the UK’s Offshore Wind Leasing Round 6 to be held in the first half of 2027, targeting the development of at least 6 GW of new capacity. The upcoming leasing process will focus on areas primarily located in the northeast of England. The sites are... Continue Reading →
Venezuela opposition leader Maria Corina Machado pushes for energy investment security, transparency
March 24 (Reuters) - Venezuela opposition leader Maria Corina Machado told Reuters on Tuesday that early interest in Venezuela's oil sector is positive but she called for more transparency and contract security, including a new oil law, to further increase crude and gas output in the South American country. In January, Venezuela's National Assembly approved... Continue Reading →
Chevron wants to see more changes to Venezuela hydrocarbons law
March 23 (Reuters) - Chevron is seeing progress in Venezuela as its oil production in the OPEC country rises, but more work is needed to change key energy legislation and secure conditions for investment, CEO Mike Wirth said on Monday. "There's still things that need to happen to encourage investment at the scale that people... Continue Reading →