The American Bureau of Shipping (ABS) has published requirements addressing safety and technical standards for floating offshore wind substations in what has been described as an industry first. Together with input from offshore wind project developers, original equipment manufacturers (OEMs) of substations, and transportation and installation (T&I) companies, ABS developed the Requirements for Offshore Substations and... Continue Reading →
Equinor and BP’s 2.4 GW Beacon Wind Enters Federal Permitting
(OW) The US Bureau of Ocean Energy Management (BOEM) will initiate its eleventh offshore wind environmental review with Equinor and BP’s 2.4 GW Beacon Wind 1 and 2 wind farms, proposed to be built offshore Massachusetts and connected to the grid in New York and Connecticut. BOEM published a Notice of Intent (NOI) to prepare... Continue Reading →
China Now Has 31+ GW of Offshore Wind Installed, Country on Track to Hit Wind and Solar Targets Five Years Early, Report Says
(OW) Operating offshore wind capacity in China has reached 31.4 GW and accounts for approximately 10 per cent of the country’s total wind capacity which has doubled from 2017 and now exceeds 310 GW, according to a report from Global Energy Monitor (GEM), a US-based non-profit organisation that tracks fossil and renewable energy projects worldwide.... Continue Reading →
Europe’s Offshore Wind Boom Threatened by Looming Tower Supply Gap – Rystad
(OE) Offshore wind developments play a vital role in Europe's energy transition plans, but the industry may face a significant supply challenge in the coming years, with a forecasted wind tower supply crunch. According to Rystad Energy, in 2028, the demand for offshore turbine towers will surpass the manufacturing capacity, indicating an urgent need for... Continue Reading →
Seaway 7 Secures “Very Large” Contract for East Anglia THREE Offshore Wind Farm Installation
(OE) Seaway 7, an offshore wind installation subsidiary of Subsea 7, has secured a "very large" contract with ScottishPower Renewables for the transport and installation of the foundations and inner-array cables for the East Anglia THREE offshore farm in the UK. Subsea7 defines a very large contract as being between USD 500 million and USD... Continue Reading →
Crown Estate Reports Record Profit as UK Round 4 Offshore Wind Option Fees Start Pouring In
(OW) The Crown Estate has reported a record net revenue profit of GBP 442.6 million (around EUR 512 million) for the financial year 2022/23 thanks to earnings from option fees that the developers of the Round 4 offshore wind farms started paying this year. Offshore wind has also boosted the value of The Crown Estate’s... Continue Reading →
Hitachi Energy Secures Deal for Two Swedish Offshore Wind Farms
(OW) OX2 and Ingka Investments have signed their third conditional agreement with a supplier for two of their offshore wind projects in Sweden, Triton and Galene, this time with Hitachi Energy for high-voltage equipment and systems, and power quality solutions for two onshore substations and up to eight offshore substations. The two project owners are... Continue Reading →
Itochu, Tokyo Gas Eye Bids for Japan’s Offshore Wind Farm Auction
(Reuters) Itochu Corp, Tokyo Gas Co Ltd, and other companies are considering bidding in the second round of the Japanese government's auction of offshore wind power projects, the Nikkei business daily reported on Thursday. In December, Japan resumed public auctions of offshore wind farm projects under revised rules aimed at encouraging a wider range of... Continue Reading →
World’s First 16MW Offshore Wind Turbine Installed Offshore China
(OE) China Three Gorges Corporation said Wednesday it had installed the world's first 16MW offshore wind turbine, off the coast of Fujian, China. The news was also confirmed by the wind turbine maker Goldwind, which said: “On June 28, Goldwind successfully hoisted the GWH252-16MW offshore wind turbine in Pingtan, China. The turbine, which set the... Continue Reading →
Developer exposure to Siemens Gamesa woes limited for now – Citi
(Reuters) - Renewable energy project developers have limited exposure to the wind turbines that are at the heart of far-reaching quality issues at Siemens Energy's (ENR1n.DE) Siemens Gamesa division, brokerage Citi said. Siemens Energy last week warned of quality problems at up to 30% of its onshore fleet, sending its shares down more than a third on... Continue Reading →