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May 6 (Reuters) - Danish wind turbine maker Vestas reported an unexpectedly large first-quarter profit rise on Wednesday as it ramped up production for the offshore sector, but warned of geopolitical and tariff-related risks. "Last year in Q1 we hadn't put a single one of our new offshore turbines up," Vestas Chief Financial Officer Jakob Wegge... Continue Reading →
May 6 (OE) Europe's offshore wind expansion is running into a structural supply constraint where the turbine market is becoming increasingly concentrated. GE Vernova, Siemens Gamesa and Vestas have historically anchored Western offshore turbine supply, but with GE Vernova having paused new offshore wind orders following a series of technical and operational setbacks, Siemens Gamesa... Continue Reading →
May 6 (offshoreWIND.biz) China Three Gorges (CTG) Corporation has completed the installation of a 16 MW floating offshore wind turbine, described as the world’s largest single-unit floating wind turbine platform, off Yangjiang, Guangdong. The Sanxia Linghang (Three Gorges Pilot) platform was installed on 2 May in waters located more than 70 kilometres offshore at depths... Continue Reading →
May 5 (offshoreWIND.biz) Ocean Winds (OW), the international offshore wind energy company created by EDP Renewables and ENGIE, has started electricity production at its 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm. With first power now delivered to the French grid, the project is already supplying renewable energy to homes... Continue Reading →
The changing global bottom-fixed offshore wind turbine and foundation installation market May 1 (OE) The last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused more on energy security and affordability than transition, which means a pivot away from renewables... Continue Reading →
April 30 (offshoreWIND.biz) The State of Massachusetts has activated long-term contracts for the Vineyard Wind 1 offshore wind farm, securing fixed electricity pricing for 20 years and projected customer savings of USD 1.4 billion (around EUR 1.2 billion) over that period, according to the state government. The contracts, announced on 27 April by the Healey-Driscoll... Continue Reading →
April 23 (OE) Over the last few years, the energy trilemma has pivoted away from energy transition to energy security and affordability. As a result, offshore oil & gas exploration and production activity, including deepwater activity, has been relatively healthy. Construction, operational support and decommissioning activity has supported the deployment of large anchor handlers and... Continue Reading →
April 21 (OE) ScottishPower, part of Iberdrola, and Masdar have installed the first turbine at the $5.4 billion (£4 billion) East Anglia THREE offshore wind farm, marking a U.K. record with blades measuring 115 meters. The blades are the largest manufactured and installed for a project in U.K. waters, exceeding the previous record of 108... Continue Reading →
April 20 (Reuters) A Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England after developer Vineyard Wind refused to pay over $300 million the turbine supplier says it is owed for the $4.5 billion project. Suffolk County Superior Court Judge Peter Krupp in Boston issued... Continue Reading →
April 17 (offshoreWIND.biz) The first wind turbine has been installed at the Sunrise Wind project site offshore New York, Ørsted confirmed to offshoreWIND.biz on 17 April. “As part of ongoing construction at Sunrise Wind, the project has safely and successfully installed its first turbine generator, marking an important step toward delivering first power to New York later... Continue Reading →
Brazil Energy Insight 