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(offshoreWIND.biz) Ørsted has discontinued the development of the UK’s Hornsea 4 offshore wind farm in its current form. The developer said the 2.4 GW project has faced rising supply chain costs, higher interest rates, and increased construction and delivery risks since the Contract for Difference (CfD) award in Allocation Round 6 (AR6) in September 2024.... Continue Reading →
(offshoreWIND.biz) The American Bureau of Shipping (ABS) has awarded approval in principle (AiP) to Seatrium Marine & Deepwater Technology for its design of a floating wind semi-submersible (FWSS) column foundation for 15 MW turbines. Seatrium says that the design is optimised for efficient fabrication and cost-effectiveness while being capable of handling the harshest environments. The new... Continue Reading →
(OE) Offshore services provider DOF has announced an investment in a modular cable repair spread designed to expedite offshore wind operators’ response to cable faults. Engineered for compatibility across DOF’s fleet of 65 vessels, the system offers an industry-first combination of fleet-wide flexibility, road transportability, and rapid deployment capabilities. Developed in collaboration with engineering specialists,... Continue Reading →
(Reuters) Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for the first quarter, contrary to analysts' predictions of a loss, and kept its outlook for the year unchanged despite geopolitical uncertainty. The Danish company reported an operating profit before special items of 14 million euros ($15.8 million) against a year-earlier loss of... Continue Reading →
(offshoreWIND.biz) The Regulatory Authority (RA) of Bermuda has commenced the procurement process for the island’s first offshore wind project. The RA is inviting developers to express their interest in building and operating the offshore wind project, which is expected to be rolled out in phases, beginning with an initial installed capacity of 60 MW, expanding... Continue Reading →
(Reuters) - A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy. Seventeen states and the District of Columbia in a lawsuit filed in federal... Continue Reading →
(offshoreWIND.biz) According to a new report published by the World Forum Offshore Wind (WFO), 31 new offshore wind farms with a total capacity of 11 GW were put into operation in 2024, increasing the global offshore wind capacity to a total of 78.5 GW. China continues to lead the sector, according to the report, with... Continue Reading →
(OE) Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million). The transaction, first announced in April 2025, has passed all customary closing conditions. DEME Offshore Holding, a wholly-owned subsidiary of DEME Group, has acquired all of... Continue Reading →
(offshoreWIND.biz) The current US administration’s aggression towards the offshore wind market could put at risk up to USD 75 billion in investment, according to an analysis by Houston-based IntelStor. Based on the analysis, the application of tariffs as well as the recent moves to halt or cancel offshore wind projects in the US have jeopardised... Continue Reading →
(Reuters) - Orsted has sold a 24.5% stake in a UK offshore wind farm for around 456 million pounds ($606 million) to funds managed by Schroders Greencoat, it said on Thursday. The world's biggest offshore wind power developer will retain a 25.5% stake and remain the operator of the West of Duddon Sands project located off... Continue Reading →
Brazil Energy Insight 