In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for Information and Nominations (Call) for possible wind energy leasing off... Continue Reading →
The fall of UK North Sea oil and rise of offshore wind
(Reuters) - The British North Sea is one of the world's oldest offshore oil and gas basins where production has been in steady decline since the early 2000s. At the same time, the region has become one of the world's largest and fastest growing offshore wind basins. U.S. President-elect Donald Trump called to "open up" the British... Continue Reading →
Offshore Wind Turbines in 2024: 20+ MW Prototypes Rolling Out in Europe, China; 16 MW Remains Most Powerful Turbine Installed Offshore
(OffshoreWIND.biz) In offshoreWIND.biz‘s 2023 annual wind turbine overview from January 2024, you could have read about the first 16 MW model installed offshore and a 22 MW turbine about to enter development. Fast forward twelve months, a 21 MW prototype in Europe and 22 MW and 26 prototypes in China are expected to soon be installed... Continue Reading →
Equinor secures $3 bln financing for U.S. Empire Wind 1 project
(Reuters) - Norway's Equinor said on Thursday it had secured a financing package of more than $3 billion for its Empire Wind 1 offshore wind power project in the United States. The company expects the total capital investments, including fees for the use of the South Brooklyn Marine Terminal, to be around $5 billion, including the... Continue Reading →
Harnessing cutting-edge technologies to shape next-generation FPSO future
(offshore-energy.biz) The global offshore energy industry’s floating production solutions have come a long way from their humble beginnings and seem to be poised to continue their evolution driven by the need to tap deeper into challenging offshore environments buttressed by growing energy demand, rising security of supply concerns, and increasing climate change prompts to pivot... Continue Reading →
Foreign Investment Fuels Colombia’s Green Energy Revolution
(Oilprice.com) Colombia is a major producer of oil and gas and is steadily developing its renewable energy industry. In 2016, the South American state launched its Energy Plan 2050, aimed at diversifying the country’s energy mix to include wind power plants, solar PV, and geothermal energy generation, and ensure a reliable energy supply in the... Continue Reading →
Consortia Led by EDF, Ocean Winds Win French Floating Wind Tender
(offshoreWIND.biz) French government today, 27 December, announced the winners of the AO6 tender which offered two 250 MW floating wind sites in the Mediterranean Sea. The winning proposals were placed by a consortium comprising Ocean Winds and Banque des Territoires and a consortium between EDF Renewables and Maple Power. The Ocean Winds-led partnership secured the... Continue Reading →
Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific
Vestas has received a 315 MW turbine supply order for the Oga Katagami Akita offshore wind project in Akita Prefecture in Japan. The project is being developed by Oga Katagami Akita Offshore Green Energy, a consortium consisting of JERA, Electric Power Development (J-POWER), Tohoku Electric Power (Tohoku EPCO), and ITOCHU Corp. The order includes 21... Continue Reading →
France Picks Ocean Winds for 250MW Floating Wind Farm in Mediterranean
Ocean Winds, a joint-venture formed by EDP Renewables and Engie, has secured a 250 MW floating offshore wind project in the sixth tender of the French Ministry of Industry and Energy. The project, called Eoliennes Flottantes d'Occitanie (EFLO), is located off the coast of Narbone in the Mediterranean Sea. Its total installed capacity of 250... Continue Reading →
US Ex-Im bank approves $526 mln gas-to-energy loan to Guyana
(Reuters) - The U.S. Export-Import Bank approved a $526 million loan to Guyana for an energy project designed to double the South American country's installed electric capacity and reduce oil imports, the Guyanese government and Ex-Im said on Thursday. The project, which falls under Ex-Im's mandate to help exporters facing competition from China, will use... Continue Reading →