(offshoreWIND.biz) According to a report released earlier this month, the US offshore wind supply chain spans 40 states as of December 2024, with 1,932 supplier contracts signed for offshore wind and offshore wind-related projects. The report, Offshore Energy at Work, issued by the US offshore renewable energy industry organisation, Oceantic Network on 15 January, shows that... Continue Reading →
Global OTEC and UFRJ sign collaboration to advance ocean energy in Brazil
Brazil, a global leader in renewable energy with a significant potential for Ocean Thermal Energy Conversion (OTEC), is taking a major step forward in this sector. The Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa de Engenharia (COPPE/UFRJ) has just signed a Memorandum of Understanding (MoU) with UK-based Global OTEC, marking the beginning of a... Continue Reading →
Brazil’s onshore wind power sector slows in 2024, growth to resume in 2027
(Reuters) - Brazil's wind power sector lost steam in 2024, local association ABEEolica said on Friday, noting that it expects continued downward pressure before growth resumes in 2027. WHY IT'S IMPORTANT Renewable power supply surged in Brazil in recent years on hefty government incentives and subsidies, but demand did not expand as quickly and the... Continue Reading →
SouthCoast Wind gets final BOEM nod
The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. “We are proud to announce BOEM’s final approval of the... Continue Reading →
Portugal keen to create offshore wind cluster, could reach 10 gigawatts
(Reuters) - Portugal's government said on Friday it was keen to create a cluster of wind farms off its Atlantic Ocean coast that could eventually reach a total capacity of around 10 gigawatts (GW). Lisbon last week approved four areas in the ocean where offshore wind farms can be installed, moving a step closer to... Continue Reading →
Corio Applies for Consent for 450 MW Offshore Wind Farm on Irish West Coast
(offshoreWIND.biz) Fuinneamh Sceirde Teoranta (FST), a joint venture owned by Corio Generation and Ontario Teachers’ Pension Plan, has submitted a consent application for Sceirde Rocks Windfarm to Ireland’s planning authority, An Bord Pleanála. The developer says the project is the first offshore wind farm proposed for Ireland’s west coast as the five other projects currently... Continue Reading →
New York Working on 6th Offshore Wind Solicitation Design for ‘Generation-Only’ Projects
(offshoreWIND.biz) The New York State Energy Research and Development Authority (NYSERDA) is currently conducting consultation with the offshore wind market on the design of the state’s sixth solicitation which could be launched in the first quarter of 2026. The consultation primarily concerns the possibility of procuring “generation-only” projects where the (offshore) grid connections would be... Continue Reading →
Norwegian player bolsters design and engineering across maritime & offshore energy arenas with Brazilian firm buy
(offshore-energy.biz) Oslo-listed energy, marine, and engineering consultancy ABL Group has enlarged its capabilities in the engineering and design segments of the maritime and offshore energy landscape by bringing Proper Marine, a Brazil-based naval architecture and engineering consultancy, into its fold, which enables the latter to merge with the Norwegian company’s design and engineering arm known... Continue Reading →
New Offshore Wind Project Enters Federal Permitting in US
(offshoreWIND.biz) The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of the Vineyard Mid-Atlantic offshore wind lease area, located offshore New York and New Jersey and owned by Vineyard Offshore (Copenhagen Infrastructure Partners), which plans to build its Excelsior Wind project there. The Vineyard Mid-Atlantic area is in one of the... Continue Reading →
BP warns of fourth-quarter profit hit, postpones capital markets day
(Reuters) - BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss. The British company said Auchincloss will be back in the office in February after undergoing a... Continue Reading →