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Tugdock and Sarens have successfully secured funding from The Crown Estate through the initial round of its innovative Supply Chain Accelerator. This is match funding for a joint project by Tugdock and Sarens to develop a heavy lift Operations and Maintenance (O&M) hub at ABP’s port of Port Talbot in Wales. With key support from major industry players such as ABP and RWE,... Continue Reading →
Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal. Located in the districts of Vila Real and Braga, in northern Portugal, with a total investment of around €350 million, this project reinforces Iberdrola's commitment... Continue Reading →
Energy major BP and Japan’s largest power generation company JERA have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, owners and operators, named JERA Nex BP. The combination will create a global business with a balanced mix... Continue Reading →
(Reuters) - Denmark's failure to attract any bids in an offshore wind power tender last week stems from a rigid auction model, a failure to adapt to a changed economic reality for renewable energy projects and rising competition, analysts said on Friday. The outcome was a blow to Denmark, home to turbine maker Vestas and offshore wind... Continue Reading →
(offshoreWIND.biz) With projects in pre-construction, under construction and undergoing permitting, the US offshore wind industry is getting busier by the day. Over the past week, updates on project milestones, contracts and permitting made the news on offshoreWIND.biz. Catch up with these stories in our recap 👇 Sif Produces First Empire Wind 1 Monopile in Netherlands... Continue Reading →
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy. (Reuters) The changes are part of a company-wide review launched in 2023 aimed at reducing costs as CEO Wael Sawan focuses... Continue Reading →
Conbit has launched the SL900, a versatile modular lifting system designed to meet the unique challenges of offshore wind projects. Successfully tested last month, the SL900 offers a game-changing alternative to crane vessels and jack-up barges for heavy lifts on offshore substations, such as replacing deck cranes, transformers, or installing heavy boat landings. The SL900... Continue Reading →
JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, part of the TFKable Group, has been awarded a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project. JDR's comprehensive scope of work covers 176 wind turbines and three offshore substations. It includes pull—in, termination,... Continue Reading →
(Reuters) - U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, Biden senior advisor for international climate policy John Podesta said. The administration hopes the spending milestone will help to continue the deployment of clean energy even after President-elect Donald Trump, a climate change skeptic who has... Continue Reading →
Ocean Winds has extended its Operations & Maintenance (O&M) long-term contract with Principle Power for the 25 MW WindFloat Atlantic Project, which validates Principle Power’s service excellence and O&M capabilities. This extension further affirms the operational success of the world’s first semi-submersible floating wind farm and first floating wind project to secure bank financing. Since... Continue Reading →
Brazil Energy Insight 