Cerulean Winds, the lead developer of the Aspen, Beech and Cedar floating offshore wind farms, has appointed two new senior executives to help shape the future of the company. Tom Scrope joins as Cerulean Winds’ first Chief Financial Officer (CFO). Scrope will be focused on shaping the financial model of the business, capital raising and... Continue Reading →
Ireland commits to more offshore wind auctions despite industry turmoil
(Reuters) - Ireland will go ahead with at least three more offshore wind auctions by the end of this decade, its marine minister told Reuters on Thursday, adding that it was unlikely the country would meet its target of 80% of electricity generation from renewable sources by 2030. The commitment to offshore wind comes despite... Continue Reading →
Trelleborg Launches Advanced Sealing System for Offshore Wind Foundations
(OE) Trelleborg Marine and Infrastructure has launched advanced sealing system, IRIS, for Airtight Platforms (ATP), which has the potential to improve offshore wind foundation designs. The new seal eliminates the need for welded steel landing rings traditionally used in monopiles (MPs) and transition pieces (TPs), providing an effective solution to lower Levelized Cost of Energy... Continue Reading →
Equinor Sets Up New Business Unit to Exploit Rising Power Demand
(OE) Equinor has established a new business area, combining renewables with its gas-to-power and energy storage units as it aims to capitalize of rising power demand. The announcement comes in response of growing power demand from electrification of society and industry, expansion of artificial intelligence (AI) and data centers, according to Equinor. The new power... Continue Reading →
Aker Solutions Introduces Three Floating Wind Foundation Designs
(OE) Aker Solutions has unveiled three floating wind foundation designs – the YFloat, CONFloat-Omega, and CONFloat-7C – engineered to maximize energy production, simplify construction and reduce maintenance. All three have passive ballast systems and the capability of supporting turbines that are 15 MW and larger. The YFloat is an advanced steel floating substructure meticulously designed to provide... Continue Reading →
DEME to Buy Havfram in $985M Deal
(OE) Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contract based in Norway, in a deal worth $985.5 million. The strategic acquisition aligns with DEME's ambition to expand its footprint in the offshore wind energy market and enhances its competitive positioning in turbine and foundation installations.... Continue Reading →
Corio Generation to Reorganise Amid Offshore Wind Market Headwinds
(offshoreWIND.biz) Corio Generation, a standalone portfolio company of Macquarie Asset Management, plans to restructure its offshore wind development business to focus on a smaller portfolio of projects. A spokesperson for Corio Generation said: “Given challenging market conditions in the offshore wind sector, Corio Generation is refocusing its global operations to prioritise the development of a smaller portfolio of... Continue Reading →
Celtic Sea Floating Wind Seabed Leasing Round Moves to Final Stage
(offshoreWIND.biz) On 7 April, The Crown Estate announced that the plans for a new generation of floating wind farms off the coasts of Wales and South West England moved a step closer as the leasing round for three sites in the Celtic Sea entered its final stages. Additionally, the companies bidding to build the projects... Continue Reading →
UK Grants Development Consent for Rampion 2 Offshore Wind Farm
(OE) The government of U.K. has approved 1.2 GW extension to Rampion offshore wind farm, Rampion 2, off the Sussex coast. The Development Consent Order (DCO) for the Rampion 2 offshore wind farm project, an extension to the existing Rampion wind farm nearby, is being led by global renewables company RWE, on behalf of joint... Continue Reading →
Philippine 500MW OW Project Cleared for Pre-Development Activities
(OE) Nexif Ratch Energy has been granted Pre-Development Environmental Compliance Certificate (Pre-Dev ECC) for its 500MW San Miguel Bay offshore wind project in the Philippines. The certificate was granted by the Philippines’ Department of Environment and Natural Resources (DENR) in accordance with its administrative order and the Philippine Environmental Impact Statement System (PEISS). The Pre-Dev... Continue Reading →