Cadeler has signed a contract with Ørsted and PGE Polska Grupa Energetyczna (PGE) for the transport and installation of 14 MW Wind Turbines supplied by Siemens Gamesa Renewable Energy. Baltica 2 is one of two stages of the Baltica Offshore Wind Farm. PGE and Ørsted plan to deliver Baltica 2 of 1.5 GW capacity by the end of 2027. The contract underlines Cadeler’s strong entry into the Polish market.
Fugro has opened a new office called “Fugro UST21” in Incheon, South Korea, as part of a joint venture with UST21, a South Korean marine technology company. This new office will provide Geo-data solutions for South Korea’s growing offshore renewable energy sector, which Fugro has been actively supporting in collaboration with UST21 since 2019 via a Memorandum of Understanding.
Unfavorable macroeconomic factors blew fierce winds against the offshore wind farm development industry in the second half of 2023. A combination of higher interest rates, cost inflation, and supply chain issues resulted in development costs exceeding contracted power prices for several projects.
US Forged Rings Inc. (USFR) announces a $700M investment in the U.S. offshore wind industry to construct a state-of-the-art tower fabrication facility and a steel forging plant.
ERM, the world’s largest specialist sustainability consultancy, has acted as a technical and environmental, social, and governance advisor to Global Infrastructure Partners (GIP) in its acquisition of Eversource’s 50% stake in two US offshore wind projects: South Fork Wind and Revolution Wind.
Prysmian, a world leader in the energy and telecom cable systems industry, has finalized three contracts worth in aggregate around €5 billion with Amprion, one of the leading European TSOs, for two offshore grid connection systems — BalWin1 and BalWin2 — and the underground cable project DC34.
CGG, a global technology and Earth science leader, has released a white paper outlining the potential of offshore geothermal energy as a green energy resource of global significance and setting out a framework for its responsible development.
Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the coast of Orkney through a combination of wave power and subsea energy storage.
CGG has announced the release of a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market. This study ranks and prioritizes opportunities at large scale across 58 basins in Indonesia, Malaysia, Thailand and Vietnam, covering a total surface area of over six million km2, to help streamline the process for identifying the best basins and plays for potential carbon storage. The study and its associated data are available to license now.
Haewoori Offshore Wind 2 (500MW) and 3 (500MW), Copenhagen Infrastructure Partner’s floating offshore wind projects off the coast of Ulsan, Korea have awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations.
Minesto, leading ocean energy developer, today announces that a key milestone has been reached: The utility-scale tidal powerplant Dragon 12 - rated at 1.2 MW - has been successfully commissioned and, in the early morning of February 9, delivered its first electricity to the national grid in the Faroe Islands.
Fugro has been awarded the geophysical survey contract for the development of the Dutch Doordewind offshore wind farm zone. Key to selecting Fugro is its innovative 2D ultra-ultra-high resolution (UUHR) surveys that provide unprecedented data quality.
The US offshore wind industry concluded 2023 with its first commercial scale projects delivering power to the grid, a bright spot amid a difficult year for the industry, according to a new report published by the Oceantic Network. As the leading organization working to advance offshore wind and other ocean renewable industries and their supply chains, the Network today released its 2024 US Offshore Wind Market Report, which analyzes the challenges and successes of the industry over the past year and provides guidance for the year ahead.
DORIS, a leader in engineering, advisory and project management for energy, announces its acquisition of WINDGLAZ, a specialist in the analysis and optimization of fixed offshore wind, floating offshore wind and floating solar systems.
Seaway7 and Dong Fang Offshore (DFO) have signed a Memorandum of Understanding outlining their intention to collaborate in an exclusive manner and further strengthen their offering to the offshore wind market in Taiwan.
CSA Ocean Sciences Inc. (CSA), an international marine environmental consulting and survey company, announces that CSA has been granted a non-exclusive General Offshore Geophysical Survey Permit by the California State Lands Commission (CSLC).
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