10000 results found for 'Ocergy'

10000 results found for 'Ocergy'
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  • Avangrid to Delist from New York Stock Exchange as Iberdrola Completes Full Takeover

    23 December 2024
    Business & Finance

    Iberdrola expects to close the Avangrid transaction today, 23 December, after the Spanish renewable energy company obtained the approval of the New York Public Service Commission to acquire the shares it did not already own in its US subsidiary. Once the transaction closes, Avangrid will become a private company and its shares will cease trading on […]

  • Ørsted Books EUR 1.6 Billion Impairment from Increased Costs, Sunrise Wind Delays in US

    21 January 2025
    Business & Finance, Business development

    Ørsted has reported impairment losses of DKK 12.1 billion (approximately EUR 1.62 billion) for the fourth quarter of 2024, citing rising costs for its offshore wind business in the US, mostly related to the development of the 924 MW Sunrise Wind project off the coast of New York. The Danish offshore wind developer said that […]

  • Korea Floating Wind Joins Forces with Local Fishermen

    25 December 2024
    Business & Finance, Collaboration, Outlook & Strategy

    Korea Floating Wind (KF Wind), a floating offshore wind project being developed by Ocean Winds and Mainstream Renewable Power, has signed a memorandum of understanding (MoU) with the East Marine Energy Fishermen’s Union. KF Wind signed the MoU for mutual cooperation with the five local fisheries’ associations comprising the East Marine Energy Fishermen’s Union, which […]

  • Balmoral Comtec Enters Agreement for Korea’s 750 MW Floating Wind Project

    17 February 2025
    Cables, Contracts & Tenders, Floating Wind, Grid Connection, Supply Chain

    Balmoral Comtec, part of Balmoral Group, has signed a memorandum of understanding (MoU) with LS Cable & System and LS Marine Solution to collaborate in the floating offshore wind sector and on the 750 MW Bandibuli/Firefly project in South Korea. The agreement with the Scotland-based buoyancy, protection, and insulation services provider follows LS Cable & […]

  • UK to Launch Seventh CfD Auction in August, Offshore Wind Has Its Own AR7 Timeline

    30 May 2025
    Authorities, Contracts & Tenders, Fixed-Bottom, Floating Wind, Planning & Permitting

    The UK government has published an indicative timeline for the Contract for Difference (CfD) Allocation Round 7 (AR7), stating that it expects to open the auction in August and announce the results between late 2025 and early 2026. The timeline for offshore wind projects is now separate from that for other technologies, which will enable […]

  • TotalEnergies Takes Majority Ownership of Two Danish Offshore Wind Projects

    20 December 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    TotalEnergies has acquired a majority stake in Jammerland Bay and Lillebælt South offshore wind farms in Denmark from European Energy and SONFOR. Under the deal, TotalEnergies acquired 85 per cent of the share capital in the 240 MW Jammerland Bay and 72.2 per cent of the share capital in the 165 MW Lillebælt South offshore […]

  • UPDATED: Trump Preparing Executive Order to Stop Offshore Wind Buildout on US East Coast, US Congressman Claims

    15 January 2025
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    NOTE: This article was updated on 15 January at 21:50 CET following information offshoreWIND.biz received, attributing the drafting of the executive order halting offshore wind activities on the US East Coast to Congressman Jefferson Van Drew instead of the US President-elect Donald Trump himself. The article was further amended to state that lease, rather than […]

  • UK Unveils Measures to Fast-Track 16 GW of Offshore Wind

    30 January 2025
    Authorities, Environment, Planning & Permitting

    The UK government has unveiled measures to unlock up to 13 offshore wind projects, which could generate up to 16 GW of electricity and potentially bring GBP 20 billion (approximately EUR 23.9 billion) to GBP 30 billion (about EUR 35.8 billion) of investment in homegrown clean power. According to the UK government, ministers are streamlining […]

  • Reducing cost and risk in floating offshore wind asset integrity monitoring

    10 March 2025
    Business development, Floating Wind, Innovation, Operations & Maintenance, Research & Development

    Offshore windfarm projects currently in development present unique business challenges, even for experienced developers and operators. Newer sites are increasingly:1) far from shore, in harsher metocean conditions,2) spread over large areas, and3) utilising floating structures. Floating turbines, which use mooring line systems to connect to anchors, exhibit the greatest challenges. The lines are vulnerable to […]

  • Equinor Secures USD 3 Billion for New York City’s First Offshore Wind Farm

    3 January 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Equinor has secured a project financing package of over USD 3 billion (approximately EUR 2.9 billion) and reached financial close on Empire Wind 1, the first offshore wind farm to connect to New York City’s grid, which is already under construction after Equinor made a final investment decision (FID) on the project earlier this year. […]

  • South Korea Awards Nearly 1.9 GW of Offshore Wind Capacity

    19 December 2024
    Authorities, Fixed-Bottom, Floating Wind, Planning & Permitting

    South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) has awarded a total of 1,886 MW in capacity across four fixed-bottom offshore wind projects and one floating wind project. The projects that were awarded: the 532 MW Anma Offshore Wind (both phases), the 500 MW Taean (Vena Energy and Copenhagen Infrastructure Partners), the 104 MW […]

  • Ørsted Pulls Plug on 2.4 GW Hornsea 4 Offshore Wind Project in UK

    7 May 2025
    Business & Finance, Project Updates, Wind Farm Update

    Ørsted has discontinued the development of the UK’s Hornsea 4 offshore wind farm in its current form. The developer said the 2.4 GW project has faced rising supply chain costs, higher interest rates, and increased construction and delivery risks since the Contract for Difference (CfD) award in Allocation Round 6 (AR6) in September 2024. In […]

  • EWE, RWE: ‘Alpha Ventus Is Not a Regular Offshore Wind Farm; Project Has More than Fulfilled Its Purpose’

    27 March 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Following news about the potential decommissioning of the 15-year-old Alpha Ventus, the consortium behind the first German offshore wind farm – comprising EWE (47.5 per cent), RWE (26.25 per cent) and Vattenfall (26.25 per cent) – pointed out that the 60 MW project should not be considered in the context of typical offshore wind farms […]

  • CIP Secures Another Power Purchase Agreement for Fengmiao 1 Offshore Wind Farm

    19 December 2024
    Business & Finance, Fixed-Bottom

    Denmark’s Copenhagen Infrastructure Partners has signed a corporate power purchase agreement (CPPA) with United Microelectronics Corporation (UMC) for Taiwan’s 500 MW Fengmiao 1 offshore wind farm. UMC will purchase more than 30 billion kWh of power from Fengmiao I over 30 years, marking the largest renewable energy transaction in the company’s history, UMC said. This […]

  • Editors’ Picks | Offshore Wind News in 2024: ‘The First, The Largest, The Record’

    2 January 2025
    Business & Finance, Business development, Contracts & Tenders, Energy Islands, Environment, Equipment, Fixed-Bottom, Floating Wind, Foundations, Green Hydrogen, Grid Connection, Infrastructure, Innovation, Manufacturing, Off-Grid, Operations & Maintenance, Outlook & Strategy, Planning & Permitting, Ports & Logistics, Power-to-X, Project Updates, Supply Chain, Technology, Transition, Vessels, Wind Farm Update, Wind Turbines

    Some news are important for the offshore wind industry at large, some are significant for parts of the supply chain or in certain regions, and some are just good to know. With 366 days and thousands of news in 2024 behind us, the task of choosing only a few stories was not an easy one […]

  • Baltic Power Launches Scheme to Pay Fishermen Affected by Offshore Wind Farm Construction

    2 January 2025
    Business & Finance, Fixed-Bottom, Vessels

    The developers behind the Baltic Power project have made the initial compensation payments to fishermen who conducted fishing activities in the wind farm area off the coast of Poland. The transitional compensation scheme is valid for the construction of the offshore wind farm or until ministerial regulations are in place, said Baltic Power, a joint […]

  • Goldwind Starts Producing Components for 22 MW, 300-Metre Rotor Offshore Wind Turbine

    31 December 2024
    Supply Chain, Technology, Wind Turbines

    Chinese wind turbine manufacturer Goldwind has produced a nacelle for a 22 MW offshore wind turbine at its Shantou manufacturing base, according to reports from Chinese media and the company’s supplier of cooling and lubrication systems for the turbine, Chuanrun. Goldwind presented the rolled-out nacelle during the Shantou International Offshore Wind Power Technology Innovation Conference […]

  • Philippines to Launch Offshore Wind Auction in Q3 2025

    16 December 2024
    Authorities, Planning & Permitting

    The Department of Energy of the Republic of the Philippines (DOE) has revealed that the fifth round of the Green Energy Auction (GEA-5), exclusively dedicated to offshore wind projects, will commence in the third quarter of 2025. According to DOE, the GEA-5 will provide offshore wind developers with secure market access, ensuring long-term demand for […]

  • LIVE BLOG: Offshore Energy Exhibition & Conference 2024

    27 November 2024
    Business & Finance, Business development, Environment, Fixed-Bottom, Floating Wind, Grid Connection, Industry, Infrastructure, Jobs & Recruitment, Operations & Maintenance, Outlook & Strategy, Planning & Permitting, Ports & Logistics, Power-to-X, Project Updates, R&D, Supply Chain, Technology, Training & Education, Vessels

    Welcome to the Live Blog! That’s a wrap! As OEEC 2024 comes to a close, Navingo invites all attendees to join for the final celebration! After two dynamic days of exploring innovations in the offshore energy sector, it’s time to relax, reflect and network over drinks and bites. Join us at the Stage for this […]

  • Equinor Completes EUR 2.2 Billion Ørsted Buy-In

    23 December 2024
    Business & Finance

    Equinor has completed the acquisition of a 10 per cent stake in Ørsted, announced this October. The share purchase, which cost Equinor USD 2.3 billion (around EUR 2.2 billion), establishes the Norway-based global energy player as Ørsted’s second-largest shareholder, after the Danish State which holds a controlling stake. On 7 October, Equinor said it had […]

  • Finland to Launch First Offshore Wind Tender in Autumn 2025 as President Enacts New Legislation

    27 December 2024
    Authorities, Fixed-Bottom, Planning & Permitting

    The President of Finland has signed a bill that enables the country to organise its first tender for offshore wind development in the exclusive economic zone (EEZ). With the new legislation set to enter into force on 1 January 2025, the government is looking to launch the first offshore wind tender in the autumn of […]

  • California Ports Forge Partnership to Advance Floating Offshore Wind

    19 December 2024
    Collaboration, Floating Wind, Outlook & Strategy, Ports & Logistics

    The California State Lands Commission and the ports of Long Beach and Humboldt have joined forces to advance floating offshore wind development off the California coast. Through this collaboration, they aim to develop critical port infrastructure for wind turbine assembly, with installations planned 20-30 miles offshore Humboldt County and Morro Bay. “This important agreement parlays […]

  • ‘Secure Transition’: Security Major Topic at Offshore Energy Event in Amsterdam

    28 November 2024
    Industry, Infrastructure, Market Outlooks, Outlook & Strategy, Supply Chain

    Keeping energy infrastructure at sea safe, bringing cyber security into the focus and ramping up the buildout of clean energy and clean fuel projects were the main topics throughout the two days of Offshore Energy Exhibition & Conference (OEEC), held on November 26 and 27 in Amsterdam, the Netherlands. Seabed security – and safeguarding all […]

  • “Little Giants” of Tower & Foundation Production: Defying Expectations Without Compromising Expertise 

    30 April 2025
    Business development, Collaboration, Industry

    The BIG 5 alliance defies all odds without compromising on quality or expertise. This bold coalition, featuring LINSINGER Maschinenbau GmbH, MIBA Group, HAEUSLER AG, ENABL A/S, and partners, unites decades of expertise to transform manufacturers’ production efficiency, enhance their competitiveness, and reduce the levelized cost of energy. Producing wind turbine towers and foundations is no […]

  • Jan De Nul, Hellenic Cables Sign Cable Framework Deal with French TSO

    23 December 2024
    Business & Finance, Cables, Contracts & Tenders, Equipment, Floating Wind, Grid Connection, Manufacturing, Supply Chain

    Jan De Nul, in partnership with Hellenic Cables, has been awarded a framework agreement from France’s transmission system operator (TSO) Réseau Transport d’Electricité (RTE) to supply and install the export cables for two floating wind farms off the coast of Southern Brittany, totalling 750 MW. Jan De Nul and Hellenic Cables will execute these projects […]

  • Google Buys Offshore Wind Power from Vattenfall-CIP JV

    18 December 2024
    Business & Finance, Green Hydrogen, Power-to-X

    Google has signed a power purchase agreement (PPA) with Denmark’s Copenhagen Infrastructure Partners (CIP) for 250 MW of energy capacity at the Zeevonk offshore wind project in the Netherlands. Under the agreement, Google will purchase 250 MW of wind power generated at the Zeevonk project to power its Dutch operations for 15 years. “Google partnered […]