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Offshore Wind News

 

Equinor Pulls Out of Vietnam's Offshore Wind Industry

Aug 23, 2024

Norway's state-controlled energy giant Equinor has cancelled plans to invest in Vietnam's offshore wind sector, a company spokesperson told Reuters, in a setback for the Southeast Asian country's green power ambitions.Vietnam has attracted international interest in its renewables plans because of its strong winds in shallow waters near coastal, densely populated areas, according to the World Bank Group…

1.1 GW Floating Offshore Wind Farm earns Key Approval

Aug 29, 2024

Mainstream Renewable Power, the pureplay global wind and solar company majority-owned by Aker Horizons ASA, announced that joint venture KF Wind, a 1,125 MW floating offshore wind project being developed off the coast of Ulsan and owned by Mainstream (33…

China's First Purpose-built Offshore Wind SOVs Delivered

Aug 28, 2024

Shanghai Electric earlier this month celebrated the combined naming and delivery of two service operation vessels (SOV) at ZPMC, Qidong base, China. The vessels are based on two different ship designs from Ulstein Design & Solutions AS and are…

"World's Most Powerful Floating Wind Turbine" Sets Sail

Aug 19, 2024

OceanX, which is reported by its developer MingYang Group to be the world's largest single capacity floating wind power platform, embarked on its journey from Guangzhou to the Yangjiang Mingyang Qingzhou IV offshore wind farm in Guangdong, China…

A Look Inside the East Asia & Pacific Offshore Wind Markets

Aug 16, 2024

Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and…

China’s First Offshore Wind Power SOVs Delivered

Aug 16, 2024

AUGUST 16, 2024 - Today, the first two China-built offshore wind power SOVs (Service Operation Vessels) ZHI ZHEN 100 and ZHI CHENG 60 was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co., Ltd. to Shanghai Electric Wind Power Group Co…

Shipbuilding: Wind Turbine Installation Vessel Delivered to Cadeler

Aug 16, 2024

Cadeler took delivery of the fifth and newest addition to its fleet – Wind Peak, the first of seven newbuilds for which Cadeler currently has signed contracts. The P-class jack-up installation vessel was built at COSCO Shipping Heavy Industry (COSCO) shipyard in Qidong…

‘World’s Largest’ Floating Wind Platform on Its Way to Offshore Site in China

Aug 13, 2024

China’s Mingyang Smart Energy has started towing what’s said to be the world’s largest single-capacity floating wind platform, rated at 16.6MW, to the the Qingzhou IV offshore wind farm site in South China Sea.The floater, dubbed OceanX, features…

Equinor Picks SHI as Preferred Supplier for Korean 750 MW Floating Wind Project

Aug 07, 2024

Samsung Heavy Industries (SHI) and Equinor have signed a preferred supplier agreement for floating structures for the 750 MW Bandibuli offshore wind project being developed in South Korea.The supplier agreement for the fabrication and marshalling…

Chinese Wind Turbine-makers Move into Europe as Trade Tensions Flare

Jul 19, 2024

Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the EU industry that it faces an existential threat.Tensions are high between Beijing and Brussels…

Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie

Jul 08, 2024

Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online…

Preparing for Floating Wind – Leveraging the Oil & Gas Supply Chain

Jun 28, 2024

Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment.There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology…

Japan's Industry Minister to Visit Key Offshore Wind Site

Jun 25, 2024

Japanese Industry Minister Ken Saito will visit Akita in northern Japan on Saturday to discuss the development of offshore wind power with industry and government officials, the ministry said on Tuesday.The move aligns with Japan's increased efforts to boost the deployment of renewable energy…

Cyan Renewables, Hyundai to Set Up Offshore Wind Vessel Suply Chain in South Korea

May 13, 2024

Cyan Renewables, a portfolio company of Seraya Partners, has entered into a strategic collaboration with Hyundai Asset Management to establish a robust vessel supply with strong local content for South Korea's offshore wind market.Cyan Renewables…

EU to Investigate Chinese Wind Turbine Suppliers

Apr 10, 2024

The EU will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, in the bloc's latest move to shield domestic firms from cheap clean tech products.The European Commission will look into conditions for the development of wind parks in Spain…

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