420 results found for 'hexicon'

420 results found for 'hexicon'
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  • South Korean Floating Wind Project Inks Transmission Agreement with KEPCO

    10 October 2024
    Business & Finance, Contracts & Tenders, Floating Wind, Supply Chain

    The 1,125 MW MunmuBaram floating offshore wind farm, being developed by Hexicon and Shell in South Korea, has entered into a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). MunmuBaram is collaborating with two other developers on the grid connection facilities. These facilities are said to enable the efficient transfer of clean energy […]

  • Two South Korean Floating Offshore Wind Projects Receive EIA Approval

    28 August 2024
    Authorities, Environment, Floating Wind, Planning & Permitting

    South Korea’s Ministry of Environment and Ministry of Trade, Industry, and Energy have approved the Environmental Impact Assessments (EIAs) for Hexicon’s MunmuBaram project and Korea Floating Wind’s floating offshore wind project being developed off the coast of Ulsan. The EIA process, conducted by the MunmuBaram project team, involved a comprehensive examination of potential environmental impacts […]

  • 180 MW Floating Wind Project in Taiwan Passes Preliminary EIA Review

    30 September 2024
    Floating Wind, Planning & Permitting

    The Rui Li 1 floating offshore wind project, developed by a consortium comprising IX Renewables, Hexicon and GF Corporation, has passed the Environmental Impact Assessment (EIA) preliminary review. The consortium behind the project plans to enter the 180 MW Rui Li 1 into the upcoming floating wind demonstration tender, the first of this kind to […]

  • KF Wind Secures Grid Deal for 1.1 GW Floating Offshore Wind Project

    10 October 2024
    Business & Finance, Floating Wind, Grid Connection, Project Updates, Wind Farm Update

    Korea Floating Wind (KF Wind), a floating offshore wind project being developed by Ocean Winds and Mainstream Renewable Power, has secured a Transmission Service Agreement (TSA) with Korea Electric Power Corporation (KEPCO). The agreement covers the first phase of the project, East Blue Power (375 MW), and the second phase, KF Wind (750 MW), with […]

  • Swedish County Greenlights 2.5 GW Floating Wind Farm as Developer Agrees to Requested Modification

    13 June 2024
    Authorities, Floating Wind, Planning & Permitting, Project Updates, Wind Farm Update

    The County Administrative Board of Västra Götaland has completed its review of the application for the 2.5 GW Mareld floating offshore wind farm and recommended that the Swedish government approve the proposal after the developer agreed to the Board’s request to reduce the size of the wind farm area. The project, developed by Freja Offshore, […]

  • Sweden Rejects 13 Offshore Wind Farms, Greenlights Vattenfall’s Poseidon Project

    4 November 2024
    Authorities, Floating Wind, Planning & Permitting

    The Swedish government has rejected 13 applications to build offshore wind farms in the Baltic Sea due to defence concerns while approving one project on the west coast, being developed by a joint venture between Vattenfall and Zephyr. On 4 November, the Swedish government announced that 13 submitted applications to build offshore wind farms in […]

  • US Cancels Second Gulf of Mexico Offshore Wind Lease Sale

    26 July 2024
    Authorities, Planning & Permitting

    The US Bureau of Ocean Energy Management (BOEM) has cancelled the second offshore wind lease sale in the Gulf of Mexico as there was no competitive interest. The first lease sale in the Gulf of Mexico was held in August 2023 and one lease was awarded to RWE for the Lake Charles Lease Area off […]

  • Company Submits Lease Request for Offshore Wind Areas Off Texas

    26 July 2024
    Authorities, Planning & Permitting

    Hecate Energy Gulf Wind has submitted a request to acquire commercial wind energy lease(s) in the federal waters in the Gulf of Mexico, off southeast Texas. As this is an unsolicited lease request, the US Bureau of Ocean Energy Management (BOEM) has now issued a Request for Competitive Interest (RFCI). BOEM held the first offshore […]

  • US NREL: Offshore Wind Turbines Offer Path for Clean Hydrogen Production

    12 July 2024
    Market Outlooks, Outlook & Strategy, Research & Development, Technology, Wind Turbines

    Researchers at the U.S. National Renewable Energy Laboratory (NREL) have found that using electricity generated by offshore wind turbines to split water to produce clean hydrogen may make economic sense.

  • BOEM Seeks Input on Offshore Wind Studies in US Territories

    19 June 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    The US Bureau of Ocean Energy Management (BOEM) is seeking ideas for baseline environmental and socioeconomic studies to inform its decisions on potential offshore wind energy activities in the US territories. To formally request ideas for baseline environmental and socioeconomic studies, the bureau has issued a request for Letters of Interest (LOI). In addition, BOEM […]

  • Opinion | The Offshore Wind Industry Is Strengthening American Communities—We Must Not Change Course

    1 August 2024
    Business & Finance, Business development, Contribution, Industry, Jobs & Recruitment, Supply Chain

    This is an op-ed piece by Sam Salustro, Vice President of Strategic Communication at Oceantic Network, the US offshore renewable energy industry organisation.  Six months occupied with questions about the upcoming election have muddied the waters, shifting the conversation about offshore wind energy away from the real groundwork being laid and progress already underway in […]

  • US to Hold Central Atlantic Offshore Wind Lease Sale in August, 6.3 GW Up for Grabs

    1 July 2024
    Authorities, Planning & Permitting

    The US Department of Interior (DOI) will hold an offshore wind lease sale in the Central Atlantic in August this year, with the two areas auctioned by the Bureau of Ocean Energy Management (BOEM) potentially generating up to 6.3 GW of renewable energy. BOEM will hold the auction on 14 August, featuring one area located […]

  • Navigating the Future of Floating Offshore Wind

    26 July 2024
    Floating Wind, Innovation, Research & Development, Technology

    The global energy landscape is undergoing a transformation with an increasing demand for clean and renewable energy sources. Wind energy is a crucial player in this transition. The technology that can increasingly contribute to this development is floating offshore wind. This promising technology is key to unlocking the potential of wind energy in deeper waters. […]

  • Opinion | Offshore Wind Energy: Delivering the American Dream

    22 August 2024
    Business & Finance, Fixed-Bottom, Floating Wind

    This is an op-ed piece by Liz Burdock, Founder and CEO of Oceantic Network, the US offshore renewable energy industry organisation. When I started Oceantic Network 11 years ago, I was motivated by the confident belief that offshore wind would be an economic and environmental game-changer for the U.S. Not only because of the industry’s […]

  • Scots Greenlight Slimmed-Down Turbine Plan for 100 MW Pentland Floating Offshore Wind Farm

    8 April 2024
    Authorities, Floating Wind, Planning & Permitting

    Scottish Ministers have approved a variation application to refine the Pentland floating offshore wind farm’s offshore consents. The variation includes a reduction in the number of turbines, which will be deployed within a smaller area while maintaining 100 MW capacity. Pentland floating offshore wind farm is being developed by Highland Wind Limited which is majority-owned […]

  • US Offshore Wind to Hit 14 GW by 2030, Missing President Biden’s 30 GW Target – ACP Report

    10 July 2024
    Business & Finance, Industry, Market Outlooks, Outlook & Strategy, Supply Chain

    The American Clean Power Association (ACP) has projected there will be approximately 14 GW of offshore wind capacity deployed by 2030, falling short of the 30 GW goal set by the Biden Administration in 2021. ACP’s recent report also outlines USD 65 billion (approximately EUR 60 billion) in investments and 56,000 jobs in the US […]

  • US Reveals New Five-Year Offshore Wind Leasing Schedule, 12 Sales in Play

    24 April 2024
    Authorities, Fixed-Bottom, Floating Wind, Industry, Outlook & Strategy, Planning & Permitting, Transition

    In remarks at the International Partnering Forum conference in New Orleans, Louisiana, the US Secretary of the Interior Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management […]

  • US Proposes Auctions for Over 18 GW of Offshore Wind Capacity

    30 April 2024
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    The US Department of the Interior has announced two proposals for offshore wind energy auctions off the coast of Oregon and in the Gulf of Maine. The two sales proposed by the Bureau of Ocean Energy Management (BOEM) have the potential to generate more than 18 GW of offshore wind energy, enough to power more […]

  • US Picks Final Gulf of Maine Area for 32 GW of Offshore Wind

    18 March 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    The US Bureau of Ocean Energy Management (BOEM) has designated a final Wind Energy Area (WEA) in the Gulf of Maine, which has the potential to support 32 GW of offshore wind capacity, exceeding the current state goals for Massachusetts (10 GW) and Maine (3 GW). The WEA totals about two million acres offshore Maine, […]

  • Ørsted and OEG Renewables Form Offshore Wind Pact in US

    22 April 2024
    Contracts & Tenders, Equipment

    OEG Renewables, part of OEG Energy Group Limited, has entered the US offshore wind market after signing a multi-year framework agreement with Ørsted. The multi-year agreement gives OEG Renewables’ topside division exclusivity for all temporary power scopes Ørsted have during commissioning on their projects. This agreement has begun immediately with the provision of temporary power […]

  • US Finalizes Rule to Streamline Offshore Renewable Energy Development

    25 April 2024
    Authorities, Planning & Permitting

    The US Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) have finalized updated regulations for renewable energy development on the US Outer Continental Shelf (OCS). The final rule is said to increase certainty and reduce the costs related to the deployment of offshore wind projects by modernising regulations, […]

  • Hexicon Acquiring Shell’s Stake in 1.1 GW South Korean Floating Wind Project

    22 February 2024
    Business & Finance, Floating Wind

    Swedish floating wind developer Hexicon and Shell have signed an agreement under which Hexicon will acquire Shell’s 80 per cent stake in the MunmuBaram floating wind project. Once the transaction is closed, Hexicon, which currently holds the remaining 20 per cent stake, will fully own the South Korean project. Under the agreement, Hexicon will pay […]

  • Swedish Floating Wind Project Could Include Fish Farms

    7 March 2024
    Floating Wind, Planning & Permitting, Project Updates, Wind Farm Update

    Freja Offshore, a joint venture between Hexicon and Mainstream Renewable Power, has entered into a collaboration with the Norwegian company Subfarm to enable fish farms inside the Mareld floating offshore wind farm, proposed to be built in the North Sea, off the coast of Lysekil in Sweden. The two companies will work together on a […]

  • Significant Offshore Wind Growth Brings Fugro Strong Start of the Year

    26 April 2024
    Business & Finance, Business development, Outlook & Strategy, Vessels

    In what is described as a “strong start of the year”, Dutch geo-data specialist company, Fugro, reported a 9 per cent revenue growth for the first quarter of 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was EUR […]

  • Subsea7’s Backlog Remains ‘Robust’ with High Tendering in Subsea and Offshore Wind

    25 April 2024
    Business & Finance, Business development, Cables, Grid Connection, Outlook & Strategy, Transition, Vessels

    Subsea7 has reported a “robust” backlog of USD 10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured USD 7.4 billion of contract awards […]

  • US to Hold Second Gulf of Mexico Offshore Wind Lease Sale

    21 March 2024
    Authorities, Fixed-Bottom, Planning & Permitting

    The US Department of the Interior (DOI) has proposed a second offshore wind energy lease sale in the Gulf of Mexico, with four areas offshore Louisiana and Texas to be auctioned off. On 20 March, the DOI and the Bureau of Ocean Energy Management (BOEM) will publish the proposed sale notice (PSN) in the Federal […]