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 →

Engie’s Billion-Dollar Tax Equity Financing

(GIS) Engie North America secured over $1 billion in tax equity financing from JPMorgan, Goldman Sachs, and BNP Paribas to finance the development of six renewable projects, focusing on diverse U.S. markets under the ERCOT, MISO, and SPP regions, with a combined capacity of 1.3 gigawatts. Engie's involvement in the ERCOT market is important including a collaboration with Schneider Electric on a solar-plus-storage... Continue Reading →

US Offshore Wind: Down but Not Out

(As published in the February 2024 edition of Marine News magazine by Eric Haun) “The winds of change are blowing wild and free.” – Bob Dylan In the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven... Continue Reading →

With FSRU on site, Brazilian LNG terminal put into operation

(Offshore-energy.biz) U.S. energy infrastructure player New Fortress Energy (NFE) has kicked off operations at its liquefied natural gas (LNG) import terminal in Santa Catarina, Brazil, following the arrival of a floating storage and regasification unit (FSRU). According to New Fortress Energy, the Terminal Gas Sul (TGS) LNG terminal in Santa Catarina has now become operational. This occurred after the... Continue Reading →

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