Offshore News
Partnership to be Expanded: BASF Buys 49 Percent of The Shares in The Nordlicht 1 And 2 Offshore Wind Farms From Vattenfall
Apr 23, 2024 08:11 | Stockholm, Sweden - The energy company Vattenfall and the chemical company BASF have contractually agreed on the sale of 49 percent of the shares in Vattenfall's offshore wind farm projects Nordlicht 1 and 2 to BASF. The two companies are thus deepening their partnership in the field of renewable energies. read more...
Brazil Launches Expansion of Offshore Wind Energy
Apr 10, 2024 09:10 | Rio de Janeiro, Brazil - With its gigantic coastline, Brazil has huge potential for the expansion of offshore wind energy. However, offshore wind energy in the South American country is currently still in the initialization phase. This could change quickly in the near future with the signing of a memorandum of understanding. read more...
Offshore Wind Market Poland: Pge And Ørsted Award Contract For Transportation And Installation of Substations For Baltica 2 Offshore Wind Farm
Apr 04, 2024 17:16 | Warsaw, Poland - The Polish PGE Group and the Danish energy group Ørsted have awarded Seaway 7 the contract for the transportation and installation of substations for the Baltica 2 offshore wind farm project in the Baltic Sea. Seaway 7 will transport and install a total of four offshore substations at the wind farm site. read more...
United Kingdom: RWE Takes Over Offshore Wind Projects From Vattenfall And Accelerates Expansion Program
Apr 03, 2024 15:13 | Essen, Germany - The British government wants to expand offshore wind power capacity to 50 GW (50,000 MW) by 2030. The energy group RWE is participating in the expansion program and is now taking over the Norfolk Vanguard West, Norfolk Vanguard East and Norfolk Boreas offshore wind projects, each with 1.4 GW (1,400 MW), from Vattenfall. read more...
Financial Year: Orsted 2023 With Loss in The Billions - Comprehensive Savings Programme And Redundancies Announced
Feb 09, 2024 08:33 | Copenhagen, Denmark - The Danish energy group Ørsted has published its financial results for 2023. read more...
Vestas Increases Sales in 2023 And Returns to Profitability - Share Price Climbs
Feb 07, 2024 17:04 | Aarhus, Denmark - Wind turbine manufacturer Vestas has published its figures for the 2023 financial year. Revenues increased by around 6 per cent compared to 2022. Following a significant loss in the previous year, the wind turbine giant has returned to profitability in 2023. The share price rises significantly. read more...
Convincing Operating Results: Project Term of The Floatgen Floating Offshore Turbine Extended by a Further 5 Years
Feb 01, 2024 11:02 | La Ciotat, France - French floating offshore company BW Ideol will extend the operation of its Floatgen prototype floating offshore wind turbine for another 5 years. read more...
All-time High Wind Energy: France to Produce Over 30 Per Cent More Wind Power in 2023
Jan 19, 2024 13:31 | Paris, France - France produced and fed more wind power into the grid in 2023 than ever before. In addition to the expansion of onshore wind energy, offshore wind energy is also gaining momentum. read more...
Power Star Configuration: New Subsea Power Distribution System Reduces Costs For Floating Offshore Wind Farms
Jan 03, 2024 15:36 | Fornebu, Norway - Norwegian industrial group Aker Solutions has signed a FEED (Front-End Engineering and Design) contract with the Marine Energy Test Centre (MET Centre) in Norway to test a new subsea power distribution technology. According to Aker, the technology has the potential to significantly reduce the cost and complexity of offshore wind farm projects. read more...
Finland to Expand Wind Energy to Around 10,000 MW by 2025 - Government Initiates Offshore Auction Process
Jan 02, 2024 14:28 | Helsinki, Finland - The expansion of wind energy continues to make rapid progress in Finland. This is according to the latest annual statistics from the Finnish Wind Energy Association 2023, which has already presented the latest installation data. With the recently initiated auction process for offshore wind power sites, the Finnish government is sending a clear signal. read more...
Agreement Signed: DEME And FARIA Cooperate on Offshore Wind Farms in Greece
Dec 11, 2023 17:11 | Zwijndrecht, Belgium - Belgian marine engineering specialist DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore the possibilities and joint development of offshore wind farms in Greece. read more...
Decarbonisation of The Industry: Vattenfall And BASF Cooperate on German Offshore Wind Farms Nordlicht 1 And 2
Dec 05, 2023 16:47 | Ludwigshafen, Germany - Vattenfall has signed a Memorandum of Understanding with BASF on the sale of 49 percent of the project shares in the Nordlicht 1 and 2 wind farm projects planned in the German North Sea to the chemical group. read more...
Focus on Greenfield Projects: Copenhagen Infrastructure Partners Launches Billion-euro Growth Markets Fund II
Dec 05, 2023 08:17 | Copenhagen, Denmark - Copenhagen Infrastructure Partners (CIP) has announced the launch of its Growth Markets Fund II (GMF II) during the UN Climate Change Conference (COP 28) in Dubai. read more...
Cooperation Agreed: RWE And Masdar to Develop Two Offshore Wind Projects in The UK With 3,000 MW
Dec 04, 2023 17:30 | Essen, Germany - The renewable energy company Masdar from the United Arab Emirates (UAE) has signed an agreement with RWE to cooperate in the development of the British offshore wind projects "Dogger Bank South". read more...
Poland Increases Offshore Market Momentum: Energa Wytwarzanie And Northland Power Establish Offshore Joint Venture
Dec 01, 2023 14:01 | Gdansk, Poland - The expansion of offshore wind energy in Poland is entering the concrete implementation phase. At the end of September 2023, wind turbine manufacturer Vestas received a firm order for the delivery of its flagship V236-15.0 MW turbine for the Baltic Power offshore wind farm. read more...