offshore wind


Monday, October 30, 2023
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

As Wind Industry Struggles, Investors Brace for Orsted Losses

(Bloomberg) — As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after

October 30, 2023
Total Views: 2173

Friday, October 27, 2023
aerial of an offshore wind turbine
Offshore

Equinor Takes $300 Million Hit on U.S. Offshore Wind, But Remains Hopeful

OSLO, Oct 27 (Reuters) – Norway’s Equinor booked a $300 million impairment on its U.S. offshore wind power portfolio on Friday after New York

October 27, 2023
Total Views: 1943

Wednesday, October 25, 2023
offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Whale Buffer Zone Could Thwart Gigawatts of US Offshore Wind

By Jennifer A. Dlouhy (Bloomberg) — Nearly 3 gigawatts of offshore wind capacity could be imperiled if the US government imposes a 20-kilometer

October 25, 2023
Total Views: 2802

Tuesday, October 24, 2023
aerial of an offshore wind turbine
Offshore

New York Throws Support Behind Offshore Wind With Three Project Awards

Oct 24 (Reuters) – New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as

October 24, 2023
Total Views: 1631

Thursday, October 19, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Offshore Wind Developers Likely to Cancel Some Contracts After NY Decision

By Scott DiSavino Oct 19 (Reuters) – Developers in the U.S. offshore wind industry will likely cancel some power sales contracts in New York after

October 19, 2023
Total Views: 3887

Wednesday, October 18, 2023
FILE PHOTO: U.S. President Joe Biden holds up a wind turbine size comparison chart while attending a meeting with governors, labor leaders, and private companies launching the Federal-State Offshore Wind Implementation Partnership, at the White House in Washington, U.S., June 23, 2022. REUTERS/Kevin Lamarque/File Photo
Offshore

Biden’s 2030 Offshore Wind Target Seems Increasingly Unlikely

By Will Wade and Jennifer A Dlouhy (Bloomberg) — When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind

October 18, 2023
Total Views: 1318

Friday, October 13, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted Slumps as US Wind Cost Ruling Stokes Writedown Fear

By Todd Gillespie and Allegra Catelli (Bloomberg) — Orsted A/S shares dropped to a six-year low after New York regulators rejected a cost adjustment for

October 13, 2023
Total Views: 3832

Wind turbines off of Block Island
Environment

Wind Farm Impacts on Whale Habitat Is Still a Mystery, Scientists Say

(Bloomberg) — The US should direct more study of how offshore wind farms affect water flows and a food source for critically endangered whales near the

October 13, 2023
Total Views: 925

Thursday, October 12, 2023
A jackup works to prepare the seabed for a cable that will connect the South Fork Wind offshore wind farm, 35 miles east of Montauk Point to the onshore electric grid. Photo courtesy South Fork Wind
Offshore

New York Ruling Deals Latest Blow to US Offshore Wind Industry

By Will Wade (Bloomberg) –Offshore wind developers are reevaluating some New York projects after regulators rejected higher rates by Equinor ASA, Orsted

October 12, 2023
Total Views: 12017

A stock photo of a vessel servicing an offshore wind farm at sunset
Offshore

New York State Denies Higher Rates for Offshore Wind and Renewable Projects

The New York State Public Service Commission (Commission) has rejected petitions filed by offshore wind developers and a renewable energy trade association,

October 12, 2023
Total Views: 1727

The first offshore wind turbine at the Dogger Bank wind farm
Shipping

World’s Largest Offshore Wind Farm Produces First Power

Norwegian energy major Equinor has announced the first power production from the world’s largest offshore wind farm, Dogger Bank. The offshore wind farm

October 12, 2023
Total Views: 1922

Wednesday, October 4, 2023
Wind turbines off of Block Island
Offshore

New England States Agree to Buy Offshore Wind Power Amid Industry Challenges

Oct 4 (Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly

October 4, 2023
Total Views: 2441

Tuesday, October 3, 2023
An illustration of the Midi-SOV from VARD and Chartwell Marine
Shipbuilding

New Type of Offshore Wind Vessel Unveiled

VARD has joined forces with Chartwell Marine to unveil a new type of offshore wind vessel called the “Midi-SOV.” The 55-meter-long vessel bridges the gap

October 3, 2023
Total Views: 4301

Thursday, September 28, 2023
File Photo: Wind farm in the North sea off the coast of United Kingdom.
Energy

Wind Power Industry Blown Off-Course

LONDON, Sept 28 (Reuters) – A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has

September 28, 2023
Total Views: 2044

Monday, September 25, 2023
Vineyard Wind wind turbine leaves New Bedford. Photo courtesy of Vineyard Wind.
Ports

Report Reveals Critical Need for Investment in U.S. Offshore Wind Port Infrastructure

The U.S. offshore wind industry has seen rapid growth in recent years, but a shortage of port infrastructure capacity threatens its progress and its ability to

September 25, 2023
Total Views: 1022

Friday, September 22, 2023
offshore wind farm
Shipping

Northland Power and Mitsui Make Final Investment Decision on $6.5 Billion Offshore Wind Project in Taiwan

Canadian power producer Northland Power Inc. and Japan-based Mitsui & Co. have announced their final investment decision on the $6.5 billion Hai Long

September 22, 2023
Total Views: 1665

Thursday, September 21, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Rapid Growth in Offshore Wind Poses Risks and Challenges, Says Allianz

The offshore wind industry is experiencing rapid growth globally, with increasing investment, power capacity, and technological innovations. However,

September 21, 2023
Total Views: 2065

Wednesday, September 20, 2023
A stock photo of a vessel servicing an offshore wind farm at sunset
Offshore

Biden Administration Issues Roadmap for Boosting Atlantic Offshore Wind Power Transmission

The Biden Administration has issued a comprehensive roadmap to accelerate offshore wind transmission in the U.S. Atlantic region. The action plan, released

September 20, 2023
Total Views: 1631

The first two SOVs for the Chinese offshore wind market are launched at ZPMC. Photo courtesy Ulstein
Offbeat

China’s First Offshore Wind SOVs Launched

The first two purpose-built Service Operation Vessels (SOV) for the Chinese offshore wind market have been launched at the ZMPC shipyard in China. The two

September 20, 2023
Total Views: 1891

Tuesday, September 19, 2023
Ocean Infinity autonomous underwater vehicles (AUVs)
Shipping

Autonomous Drones to Survey Floating Offshore Wind Site Off California

A fleet of underwater drones will be used to conduct a comprehensive site survey for what could become the first floating offshore wind farm off the U.S. West

September 19, 2023
Total Views: 2401