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Ocy. 22 (OE) Singapore’s Seatrium has received a notice of arbitration from Maersk Offshore Wind’s affiliate, regarding the dispute over the termination of a $475 million contract for a nearly completed wind turbine installation vessel (WTIV) originally intended for Equinor’s Empire Wind 1 project in the United States. The arbitration notice, received on October 21,... Continue Reading →
Oct. 22 (OE) Ocean Winds, the 50-50 joint venture between Portugal’s EDP Renováveis and France’s Engie, has agreed to sell a 20.25% stake in its 500 MW Îles d’Yeu et Noirmoutier offshore wind project in France to Allianz Global Investors for $232 million. Located in Vendée on France’s Atlantic coast, the Îles d’Yeu et Noirmoutier... Continue Reading →
Oct 22 (Reuters) - GE Vernova's profit topped third-quarter expectations on Wednesday, driven by strong equipment orders and surging U.S. power demand from data centers supporting artificial intelligence workloads. Growing power demand from AI and other data-heavy industries is helping power equipment makers like GE Vernova tap long-term growth in U.S., strengthening its grid and turbine... Continue Reading →
Oct. 21 (offshoreWIND.biz) China’s Mingyang Smart Energy has unveiled plans to develop a massive 50 MW floating offshore wind turbine featuring a twin-head design similar to the company’s Ocean-X platform. The capacity of the world’s largest floating wind turbine would be nearly double that of the largest design currently available, according to Bloomberg. The wind turbine... Continue Reading →
Oct. 17 (offshoreWIND.biz) Iberdrola has begun exploring the sale of 49 per cent of its East Anglia Two offshore wind farm project in the UK, according to a report by the Spanish media outlet Cinco Días citing unnamed sources. The renewable energy developer has already engaged Bank of America and BBVA as financial advisors to assist with... Continue Reading →
Oct. 15 (offshoreWIND.biz) Floating wind foundation developer, Gazelle Wind Power, has signed a memorandum of understanding (MoU) with Titan Wind Energy, a Chinese manufacturer of onshore and offshore wind turbine components, which also has offices in Denmark and Germany. The two companies signed the MoU while a delegation from Gazelle was recently visiting Titan Wind’s... Continue Reading →
Oct 10 (Reuters) - Chinese wind turbine manufacturer Ming Yang Smart Energy will invest up to 1.5 billion pounds ($2 billion) to build a wind turbine manufacturing facility in Scotland which could create up to 1,500 jobs, it said on Friday. Britain is seeking to scale up renewable power to help meet its climate targets... Continue Reading →
Oct. 9 (offshoreWIND.biz) The California Energy Commission (CEC) has awarded USD 20 million (approximately EUR 17 million) to the Port of Long Beach to fund the ongoing development of Pier Wind, a proposed USD 4.7 billion (approx. EUR 4 billion) terminal that would serve the floating wind industry. CEC has awarded the grant through the... Continue Reading →
Oct. 8 (OE) Bureau Veritas Marine & Offshore (BV) has issued a certification for the recently inaugurated 25 MW Provence Grand Large floating offshore wind project, developed and owned by EDF Power Solutions, Enbridge and CPP Investments. BV has been involved in Provence Grand Large project journey since 2017, applying international certification methodologies. The certification... Continue Reading →
Oct. 3 (offshoreWIND.biz) Samsung Heavy Industries (SHI) has received an approval in principle (AiP) from ABS for its new semi-submersible floating wind turbine design, named SnapWind Float. The AiP from ABS comes shortly after the design was issued an Approval in Principle by the Korean Register (KR). The SnapWind Float, designed for 15 MW offshore wind... Continue Reading →
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