By Aya Takada (Bloomberg) --Japan officially launched its effort to seek participants in the nation’s first auction for a floating offshore wind farm. The nation’s economy and land ministries will select the winner of the auction around June 2021 to construct the floating turbines off the southern prefecture of Nagasaki, according to a joint statement on Wednesday. The … [Read more...]
Orsted CEO to Resign After Leading Company in Renewables Transition
By William Mathis (Bloomberg) --The chief executive officer of Orsted A/S will step down by the end of next January, after transforming the former fossil-fuel company into the world’s biggest developer of offshore wind farms. Henrik Poulsen, who became Orsted’s chief in 2012, oversaw a name change, strategy overhaul and an initial public offering that’s seen shares in the … [Read more...]
Norway Opens Expansive Offshore Areas to Wind Development
The Norwegian government has announced the opening of more than 860,000 acres of the Norwegian Continental Shelf to offshore wind development. The areas, known as "Utsira Nord" and "Sørlige Nordsjø II”, are located in Norwegian waters in the northern North Sea. Combined, the two areas allow for the development of 4,500 MW of wind power. “Offshore wind power offers great … [Read more...]
Scotland Launches $10 Billion Contest to Build Offshore Wind Farms
By William Mathis (Bloomberg) --Scotland, home to a quarter of Europe’s offshore wind resources, is seeking proposals to install turbines off the coast in a process that may draw more than 8 billion pounds ($10.2 billion) of investment. The ScotWind Leasing program may eventually lead to offshore wind farms with enough capacity to power every Scottish household, according to … [Read more...]
First Major U.S. Offshore Wind Farm Reaches Permitting Milestone
June 9 (Reuters) - The first major U.S. offshore wind farm, planned for the Massachusetts coast, reached a key permitting milestone on Tuesday with the release of a long-awaited federal environmental study that considers the project's impacts on fisheries and navigation. Publication of the document marks a step forward for the Vineyard Wind project, which has experienced … [Read more...]