Ireland successfully held its first-ever offshore wind auction. Four projects with a combined capacity of 3 GW were awarded. The average price of the winning bids was €86/MWh, much lower than expected. The successful completion of the auction is a breakthrough for renewables in Ireland and critical to achieving the targets set in Ireland’s 2030 … Continue reading Ireland makes history with its first offshore wind auction
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OX2 sells stake in its Finnish offshore wind development portfolio to Ingka Investments
OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. The three projects will have a potential to reach total installed capacity of about 6,000 MW. The transaction is expected to impact OX2’s operating income positively with approximately 300 MSEK* in 2023. The sale is … Continue reading OX2 sells stake in its Finnish offshore wind development portfolio to Ingka Investments
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RWE delighted with provisional Contract for Difference win for Dublin Array in first Irish offshore auction
RWE, one of the world’s leading offshore wind companies, was today delighted to be provisionally awarded a Contract for Difference (CfD) in the first Irish Offshore Renewable Electricity Support Scheme (ORESS1) auction, run by Irish Grid operator EirGrid. The weighted average strike price of provisionally successful offers was €86.05/MWh. The provisional offer is for RWE’s … Continue reading RWE delighted with provisional Contract for Difference win for Dublin Array in first Irish offshore auction
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Iberdrola installs the first wind turbine at the Saint-Brieuc offshore wind farm
The first wind turbine in the sea of Brittany The installation of the first of 62 wind turbines equipping the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy, contractor of Iberdrola. This operation was carried out from the jack-up vessel Brave Tern of the Norwegian company Fred Olsen windcarrier. … Continue reading Iberdrola installs the first wind turbine at the Saint-Brieuc offshore wind farm
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Floating wind is making great strides
The world’s largest floating wind energy event, FOWT 2023, took place on 10-12 May in Nantes. Government representatives, the wind industry and other stakeholders came together to discuss how to drive the further expansion of floating offshore wind. Nearly all of Europe’s existing offshore wind is “bottom-fixed” right now. But that only makes sense commercially … Continue reading Floating wind is making great strides
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Statkraft secures 500 MW in Ireland’s first offshore wind auction
Statkraft and its offshore partners Copenhagen Infrastructure Partners (CIP) have welcomed today’s provisional results from Ireland’s first offshore wind auction in which they secured 500 MW. The partnership participated in the Irish government’s ORESS-1 (the first Offshore Renewable Electricity Support Scheme) to win 500 MW to develop the landmark North Irish Sea Array (NISA) offshore … Continue reading Statkraft secures 500 MW in Ireland’s first offshore wind auction
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RWE invests €8 billion in its green portfolio in the first quarter of 2023
RWE is making swift progress on implementing its Growing Green strategy. The company expanded its green portfolio by 4.9 gigawatts (GW) with investments of €8.0 billion in the first quarter of 2023 alone. The €6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest share of the investments. In addition, RWE acquired a … Continue reading RWE invests €8 billion in its green portfolio in the first quarter of 2023
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RWE and Northland Power select Dajin Offshore as foundations supplier for their 1.6-GW offshore wind cluster off the German coast
Nordseecluster expected to supply wind energy electricity to equivalent of 1,600,000 German households annually as of 2029. RWE (51%) and Northland Power (49%) are taking the next step in the development of their Nordseecluster. The companies have selected Dajin Offshore as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore … Continue reading RWE and Northland Power select Dajin Offshore as foundations supplier for their 1.6-GW offshore wind cluster off the German coast
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U.S. Offshore Wind Market Expands Rapidly with 51,377 MW Projected Capacity
Offshore Wind Drives 30+ Vessel Orders, Boosts Domestic Manufacturing, and Plans to Power Equivalent of over 20 Million Homes. The American Clean Power Association (ACP) today released a comprehensive report on the U.S. offshore wind market, revealing a rapidly growing pipeline of projects across 32 leases totaling 51,377 MW of expected capacity – enough electricity … Continue reading U.S. Offshore Wind Market Expands Rapidly with 51,377 MW Projected Capacity
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The future of wind energy lies beyond the horizon
As we move to net zero, demand for fossil free electricity is going to increase significantly. The electrification of transport, industry and heat is expected to require at least double the electricity generation we have now. Floating wind turbines is one of the solutions to meet the demand. Leading European energy company Vattenfall currently has … Continue reading The future of wind energy lies beyond the horizon
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Interim report for the first quarter of 2023 – strong start to the year with all-time high earnings from offshore sites and final investment decision on Greater Changhua 2b and 4
Today, Ørsted’s Board of Directors approved the interim report for the first quarter of 2023. Operating profit (EBITDA) for the first quarter was in line with our expectations and amounted to DKK 6.9 billion. Earnings from our wind and solar assets in operation amounted to DKK 6.9 billion, which was an increase of DKK 2.2 … Continue reading Interim report for the first quarter of 2023 – strong start to the year with all-time high earnings from offshore sites and final investment decision on Greater Changhua 2b and 4
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ACP Urges Modernization of Offshore Wind Regulations
The American Clean Power Association (ACP) joined the National Offshore Industries Association (NOIA) and the Business Network for Offshore Wind (BNOW) to submit extensive comments with the Bureau of Offshore Energy Management (BOEM) regarding its proposed Renewable Energy Modernization Rule. Together, these associations represent the capacity to deliver over 51 gigawatts (GW) of offshore wind energy … Continue reading ACP Urges Modernization of Offshore Wind Regulations
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Copenhagen Infrastructure Partners Joins the Global Offshore Wind Alliance to Accelerate Offshore Wind Deployment Worldwide
Launched at COP27 in Egypt in November 2022, the Global Offshore Wind Alliance (GOWA) brings together governments, the private sector, and international organizations to accelerate the deployment of offshore wind power. COPENHAGEN, Denmark, May 01, 2023 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP) is joining the Global Offshore Wind Alliance, an international coalition founded by … Continue reading Copenhagen Infrastructure Partners Joins the Global Offshore Wind Alliance to Accelerate Offshore Wind Deployment Worldwide
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RWE with strong results in the first quarter of 2023
RWE expects to close the first quarter of 2023 with an adjusted EBITDA of €2.8 billion at Group level and adjusted EBITDA of €2.3 billion in the core business according to preliminary figures. The result for the first three months is thus significantly higher year-on-year. Adjusted net income is expected to reach €1.7 billion. The increase in earnings … Continue reading RWE with strong results in the first quarter of 2023
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The Netherlands’ response to ever-larger wind turbines
If we want large offshore wind farms spread along the coast or on the high seas, it will not come to us by manufacturing huge turbines, record-breaking blades or XXL supports. We need to move them. And that, when we are talking about gigantic pieces that weigh tons, is easier said than done. At Mammoet, … Continue reading The Netherlands’ response to ever-larger wind turbines
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Scandinavian cooperation launches novel one-stop maintenance concept for offshore wind farms
Integrated Wind Solutions’ subsidiaries ProCon Wind Energy, IWS Services and IWS Fleet jointly develop new O&M concept for offshore foundations and substations offering significant project-specific cost savings; one customer interface; all-in-one maintenance vessels; and inhouse competencies. A Scandinavian cooperation with the technical lead from ProCon Wind Energy (ProCon) with IWS Fleet and IWS Services has … Continue reading Scandinavian cooperation launches novel one-stop maintenance concept for offshore wind farms
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Addressing Misinformation on Offshore Wind Farms and Recent Whale Mortalities
Following recent stranded whales along the East Coast, claims were made that linked the mortalities to survey activities being conducted prior to the construction of wind energy projects—sometimes referred to as offshore wind farms—in the Atlantic Ocean. As of now, there is no evidence to support speculation that noise resulting from wind development-related site characterization … Continue reading Addressing Misinformation on Offshore Wind Farms and Recent Whale Mortalities
Continue readingNorway outlines major wind power development in Arctic waters
A government appointed expert group draws up 20 offshore areas suitable for wind power development. Four of them are in the Barents Sea, and one is located along the maritime border to Russia. Norwegian authorities are increasingly under pressure to build new capacities for production of renewable power. In March this year, two areas in … Continue reading Norway outlines major wind power development in Arctic waters
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DNV launches new joint industry project to tackle earthquake challenges for wind farms
DNV has started a new joint industry project (JIP) to increase certainty in the design process for wind farms challenged by earthquakes. The so called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) JIP and will deeply investigate issues related to earthquakes which was not conducted in the first project. … Continue reading DNV launches new joint industry project to tackle earthquake challenges for wind farms
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RWE and Acta Marine sign agreement for ‘green’ fuel service operation vessels (SOVs) to support North Sea offshore wind farms
RWE, the world’s second largest offshore wind player, and maritime support provider Acta Marine have entered a long-term vessel supply agreement that paves the way for the decarbonisation of offshore wind farm operations. The agreement is to build and operate two ‘green’ service operation vessels, which will be among the first in the world to … Continue reading RWE and Acta Marine sign agreement for ‘green’ fuel service operation vessels (SOVs) to support North Sea offshore wind farms
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