With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition

(Offshore-energy.biz) Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 million, with improving margins at 10.6% compared to 9.3% in 2022 – a year that Prysmian... Continue Reading →

March 18, 2024 0

Norway begins inaugural offshore wind auction

(Reuters) - Norway began its first auction on Monday for the right to build a commercial offshore wind farm, offering up to 1.5 gigawatt (GW) of capacity in what the government hopes will be the start of a massive development of renewable electricity. "The auction is now underway," the energy ministry said in an emailed... Continue Reading →

March 18, 2024 0

Offshore Wind’s Next Big Problem: Not Enough Vessels

(Bloomberg) -- On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky triangular legs. The vessel has just been retrofit with a huge crane capable of lifting up to 1,600 tons 160 meters above deck. Once the finishing touches have been made, the Wind... Continue Reading →

March 18, 2024 0

BOEM Starts Environmental Review of Proposed Wind Project off New Jersey

(OE) The Bureau of Ocean Energy Management (BOEM) will initiate the environmental review of a proposed wind energy project offshore New Jersey. At its closest point, the approximately 81,129-acre lease area, OCS-A 0549, known as Atlantic Shores North, is located 8.4 miles from the New Jersey coast and approximately 60 miles from New York. The... Continue Reading →

March 18, 2024 0

The United States has its first large offshore wind farm, with more to come

(AP) America's first commercial-scale offshore wind farm is officially open, a long-awaited moment that helps pave the way for a succession of large wind farms. Danish wind energy developer Ørsted and the utility Eversource built a 12-turbine wind farm called South Fork Wind 35 miles (56 kilometers) east of Montauk Point, New York. New York... Continue Reading →

March 16, 2024 0

Petrobras informs on refining and biorefining partnership

Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on December 22, 2023, informs that it is continuing discussions with Mubadala Capital regarding the formation of a downstream partnership in Brazil, the scope of which involves evaluating the acquisition of a stake in the Mataripe S.A. Refinery (RefMat) and a project under development... Continue Reading →

March 16, 2024 0

Axess Gets Concept Engineering Job for Multi-Turbine Floating Wind Platform Developer

(OE) Norwegian offshore energy industry services company Axess Technologies has won a concept engineering study contract with Wind Catching Systems (WCS), a developer of floating offshore wind technology. The scope of work entails an advanced handling system capable of replacing turbine blades and entire turbines, while also serving as a versatile work platform for inspection,... Continue Reading →

March 15, 2024 0

New International Partnership Set to Speed Up Offshore Wind Installations in US

(OE) Danish offshore marine services company Maersk Supply Service and U.S. vessel owner Edison Chouest Offshore (ECO) have partnered up for the construction and operation of a windfarm feeder concept specifically designed for Maersk Supply Service’s next-generation wind installation vessel (WIV). The purpose-built feeder spread includes two tugs and two barges to be delivered in... Continue Reading →

March 15, 2024 0

Ørsted Powers Up All Turbines at First US Commercial-Scale Offshore Wind Farm

(OE) Ørsted has installed and powered up all 12 turbines at the landmark South Fork project, and the first utility-scale U.S. offshore wind farm has started delivering power to Long Island and the Rockaways, offshore New York. The commissioning of the wind farm is in its final stage, and when at full capacity of 130... Continue Reading →

March 14, 2024 0

New York’s Empire Wind 1 Gets Federal Green Light for Grid Connection

(OE) Equinor has received an approval from the Federal Energy Regulatory Commission (FERC) to connect the Empire Wind 1 offshore wind project directly into the New York City’s transmission system. Approved on March 1, the Large Generator Interconnection Agreement (LGIA) executed between Equinor's Empire Wind 1 project, New York ISO (NYISO) and Consolidated Edison Company... Continue Reading →

March 14, 2024 0

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Category: Renewables

With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition

Norway begins inaugural offshore wind auction

Offshore Wind’s Next Big Problem: Not Enough Vessels

BOEM Starts Environmental Review of Proposed Wind Project off New Jersey

The United States has its first large offshore wind farm, with more to come

Petrobras informs on refining and biorefining partnership

Axess Gets Concept Engineering Job for Multi-Turbine Floating Wind Platform Developer

New International Partnership Set to Speed Up Offshore Wind Installations in US

Ørsted Powers Up All Turbines at First US Commercial-Scale Offshore Wind Farm

New York’s Empire Wind 1 Gets Federal Green Light for Grid Connection

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