Brazil’s WEG to invest $77 million to boost US plant capacity due to AI demand

Sept 23 (Reuters) - Brazilian motor maker WEG (WEGE3.SA), opens new tab will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the plant's production capacity by 50% as artificial intelligence fuels demand in the country. The investment in the Washington, Missouri, plant targets the production of transformers seen as essential... Continue Reading →

US Federal Judge Grants Go Ahead for Orsted Offshore Wind Project

Sept. 22 (Reuters) Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month. The ruling is a legal setback for Trump, who has sought to block expansion of offshore wind in U.S. waters. It is a palpable... Continue Reading →

Canada Readies for Offshore Wind

Sept. 21 (OE) Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first-ever offshore wind project. Fraser made the announcement on behalf of Tim Hodgson, Canada’s Minister of Energy and Natural... Continue Reading →

Dutch Gov’t Bringing Subsidy Scheme Back to Offshore Wind, But Only Temporarily – Reports

Sept. 17 (offshoreWIND.biz) The Dutch government will announce the return of subsidies for offshore wind this afternoon (16 September), during Budget Day, national media reports. According to news from the Netherlands, the government will earmark around EUR 1 billion to support offshore wind next year. The revived subsidy scheme – which was not employed over... Continue Reading →

Intermoor, Jumbo Offshore form Alliance for O&G, Floating Wind Sectors

Sept. 15 (OE) Intermoor, Acteon’s Moorings and Anchors business line, and Jumbo Offshore, an offshore transportation and installation specialist, have entered into strategic alliance aimed at jointly delivering fully integrated project management, engineering, transport and installation services to the offshore oil and gas as well as floating wind sectors. This partnership brings together Intermoor’s expertise... Continue Reading →

ABL’s Longitude, NGI enter offshore wind design partnership

Sept. 11 (offshore-energy.biz) Design and engineering consultancy Longitude and the Norwegian Geotechnical Institute (NGI) have partnered to provide developers and operators of offshore wind farms with an integrated technical offering in offshore wind design. Under the terms of the agreement, Longitude and NGI will collaborate in applied geosciences, geotechnical design, and structural design to support... Continue Reading →

Ocergy’s Floating Platform Selected for Japan’s Offshore Wind Observation Project

Sept. 10 (offshoreWIND.biz) US-based Ocergy has been selected by Kyuden Mirai Energy Corporation as the floater provider for an offshore wind observation project being implemented under Japan’s New Energy and Industrial Technology Development Organization (NEDO) programme. The floating wind project is being developed by Kyuden Mirai Energy, Kobe University, Rera Tech, and Cosmo Eco Power. Ocergy’s... Continue Reading →

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