A collaboration between Cambridge Vacuum Engineering (CVE), SSE Renewables, Sif Group, and TWI, has resulted in what is said to be the first-ever electron beam welded section to be incorporated in an offshore wind turbine monopile foundation (transition piece). The resulting monopile is set for installation in the second phase of Dogger Bank Wind Farm,... Continue Reading →
Recent News a ‘Mixed Bag’ for US Offshore Wind
(OE) The month of May brings a mixed bag of news for offshore wind in the United States, as outlined in the latest U.S. Offshore Wind Report from business intelligence firm Intelatus Global Partners. In the "positive" category, Intelatus said federal permitting of projects continues on schedule, and states continue to plan to procure and... Continue Reading →
Taiwan’s Offshore Wind Industry Braves Cross-strait Risks in Clean Energy Boom
(Reuters) In the port city of Taichung on Taiwan's west coast, a crane hoists into place the end section of a white wind turbine tower that stands almost a hundred meters tall. The turbine will be one of 111 spinning at a multi-billion dollar offshore wind project located up to 60 kilometers into the Taiwan Strait, which... Continue Reading →
Port of Long Beach Unveils Plans for Massive Floating Offshore Wind Facility
(QC) The Port of Long Beach has announced plans for Pier Wind, a giant floating offshore wind facility designed to help California and the nation achieve renewable energy goals. The facility, the largest of its kind at any U.S. seaport, will support the manufacture and assembly of offshore wind turbines as tall as the Eiffel... Continue Reading →
Vestas swings to unexpected first-quarter profit
(Reuters) - Danish wind turbine maker Vestas (VWS.CO) on Wednesday reported an unexpected first-quarter profit and maintained its full-year guidance despite a tough backdrop for the industry. Despite booming demand for renewable energy, increased competition and soaring metal prices meant that Vestas did not manage to turn a profit last year. "The wind industry remains challenged by... Continue Reading →
Spain’s Iberdrola denies plan to acquire RWE
(Reuters) - Spanish power company Iberdrola (IBE.MC) denied on Tuesday that it was looking into acquiring Germany's biggest utility, RWE (RWEG.DE), in a deal worth 31 billion euros ($34.12 billion) as earlier reported by local media. Citing sources familiar with the matter, Spanish newspaper Okdiario said Iberdrola was working with JPMorgan to "analyse the possibility" of acquiring RWE and the... Continue Reading →
Singapore’s Seatrium to Build Two Substations for U.S. Offshore Wind Farm Projects
(OE) Singapore's Seatrium, through its subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind, a joint venture between Equinor and BP. The contract award follows the completion of the FEED (Front-End Engineering and Design) contract secured by... Continue Reading →
Vietnam to More Than Double Power Generation by 2030, Lower Offshore Wind Target
Vietnam aims to more than double its power generation capacity by 2030, but has slightly lowered its target for offshore wind and will heavily rely on coal until the end of the decade, according to a government document seen by Reuters. Total installed power generation capacity in the Southeast Asian country is projected to reach... Continue Reading →
North Sea Renewables Grid Project to Provide Clean Power to Offshore Oil and Gas Platforms
(OE) Cerulean Winds plans to build an offshore integrated green power and transmission system, powered by floating wind, that North Sea oil and gas platforms will plug into for clean power, under the project called the North Sea Renewables Grid (NSRG), Cerulean and partner Frontier Power International will develop three 333km2 sites of hundreds of floating... Continue Reading →
Technip Energies Sets Up Green Hydrogen JV, Beats Quarterly Earnings Expectations
(Reuters) French oil and gas services group Technip Energies on Thursday announced a green hydrogen solutions joint-venture with Belgian group John Cockerill, while reporting stronger-than-expected first-quarter earnings. The need to combat climate change, along with Russia's invasion of Ukraine, have created opportunities for energy service firms, with increased investments in liquefied natural gas (LNG) and... Continue Reading →