Eneti Inc. on Tuesday revealed plans it has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel (WTIV), as well as “advanced discussions” with U.S....

The Biden Administration today announced the approval for the construction and operation of Vineyard Wind, the nation’s first large-scale offshore wind farm. The announcement was made jointly by Secretary of...

By William Mathis (Bloomberg) — Building power plants in the middle of the sea was never going to be easy. The world’s largest developer of offshore wind farms Orsted A/S has...

By Maciej Martewicz (Bloomberg) — Siemens Gamesa Renewable Energy SA sees huge potential for offshore wind in the Baltic Sea as the world’s largest producer of turbines at sea looks to take advantage...

By Josh Saul and Kevin Crowley (Bloomberg) — Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines....

South Korean shipbuilder Samsung Heavy Industries has unveiled a new proprietary Wind Turbine Installation Vessel (WTIV) design that the shipyard will market to the growing offshore wind industry. SHI says...

Norwegian shipbuilder VARD has secured a contract for the design and construction of three Service Operation Vessels (SOVs) to operate at the Dogger Bank Wind Farm in the North Sea...

By Susanna Twidale and Nora Buli LONDON, April 7 (Reuters) – Global competition for offshore wind power is so hot that license auctions now resemble the oil and gas competitions of just...

By Gwladys Fouche and Nikolaj Skydsgaard OSLO, April 7 (Reuters) – Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new...

By Nichola Groom March 31 (Reuters) – The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe,...

By Jennifer A. Dlouhy and Josh Saul (Bloomberg) — The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of...

The Biden Administration on Monday announced a goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of...

LONDON, March 24 (Reuters) – Britain’s Crown Estate said on Wednesday it would start work on producing a new leasing round for commerical-scale floating wind power projects in the Celtic...

By William Mathis (Bloomberg) — SSE Plc and Equinor ASA plan to put a stake up for sale in what will be the world’s biggest offshore wind farm off the coast...

Kongsberg Maritime has received $40 million contract to supply equipment for the first Wind Turbine Installation Vessel being built in the United States. The WTIV is under construction at the...

UK-based North Star Renewables has been awarded contracts for delivering three service operation vessels for the Dogger Bank wind farm. The total value of the contracts including options is estimated...

Oslo-based Edda Wind is expanding its fleet of offshore wind service vessels with an order for two Commissioning Service Operation Vessels (CSOV). Edda Wind was launched in 2018 by Wilhelmsen...

By Masumi Suga and Sophie Jackman (Bloomberg) — Japan is considering laying undersea cables to link offshore wind power generation with demand centers as it seeks to expand renewable energy. An...

By Jessica Shankleman and William Mathis (Bloomberg) — GE Renewable Energy will create as many as 750 new jobs in northeast England with a new factory that will make hundreds of...

LONDON, March 10 (Reuters) – Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000...