(OE) Prysmian Group said Monday it had been awarded a new contract by Denmark-based offshore wind farm giant Ørsted to supply inter-array subsea cables for the Hornsea 3 offshore wind farm, located 160 km off the Yorkshire coast, UK. Once constructed, it will be able to supply well over 3 million households with electricity. Under... Continue Reading →
PGS Secures ‘Large’ Offshore Wind Farm Characterization Contract in the U.S.
(OE) Norwegian offshore survey services firm PGS said Monday it had won a "large" offshore wind farm site characterization contract in the U.S. from a "leading renewable energy company." PGS will use the Sanco Swift vessel which is rigged as an offshore wind site characterization vessel. Mobilization is scheduled for August 2023 and acquisition is... Continue Reading →
ABS Issues Safety, Technical Guideline for Floating Offshore Wind Substations
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 →
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 →
Shell’s Renewables Boss Quits after CEO Strategy Shift
(Reuters) Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind giant Orsted in August 2021to head offshore wind as the company planned to rapidly grow its wind and solar operations as... Continue Reading →
Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero
Italy-headquartered cabling giant Prysmian Group has divulged its new near-term and net-zero greenhouse gas (GHG) emission reduction targets, which will enable it to reach its sustainability goals. Prysmian explains that it is committed to reducing total Scope 1 and 2 GHG emissions by 47 per cent by 2030 compared to the 2019 baseline. In addition,... 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 →
Petrobras on Renewable Electricity Certificates
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired international certification that ensures that 100% of the electricity used in its industrial and administrative operations in Brazil is generated by renewable sources. This seal - called I-REC certification (Renewable Energy Certificate) - attests that the electricity Petrobras acquires from external suppliers is generated exclusively... 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 →