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Offshore Wind News

 

Vietnam to Further Delay Rules for Multi-billion-dollar Offshore Wind Power

Feb 16, 2023

Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector. Vietnam has big offshore wind power potential…

TotalEnergies, Corio Generation in JV to Develop Formosa 3 Offshore Wind Farms in Taiwan

Feb 16, 2023

TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore wind farms in Taiwan. Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project.The announcement…

Siemens Gamesa Charters NYK CTV for Japanese Offshore Wind Farm

Feb 16, 2023

Siemens Gamesa and the Japanese shipping and logistics company NYK have signed a time charter contract for a crew transfer vessel (CTV) that will be used at an offshore wind farm in Japan.The CTV will be owned by NYK and managed by Hokkaido-based Hokuyo Kaiun Co…

Hexicon and IX Wind Team up for 1.3GW Floating Offshore Wind Project in Taiwan

Feb 15, 2023

Floating wind technology firm Hexicon has partnered up with IX Wind to provide services for the development and construction of a 1,300+ MW floating offshore wind project in Taiwan. The partnership will offer project management, consultancy and engineering services to the project…

BP Acquires Majority Stake in Deep Wind Offshore's S. Korean Offshore Wind Portfolio

Feb 15, 2023

Oil major BP has formed an offshore wind joint venture with Norway's Deep Wind Offshore to develop offshore wind farms in South Korea. As part of the deal agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio…

Philippines' Citicore to Invest $4B in Renewable Energy. Prepares for IPO

Feb 13, 2023

Citicore Renewable Energy Corp, one of the Philippines' biggest solar power producers, is planning to go public this year to fund a $4 billion investment in new solar projects over the next five years, its CEO said on Friday.'For a country such…

JERA to Offload Taiwan Offshore Wind Project Stake Due to Cost and Profitability Issues

Feb 13, 2023

Japan's biggest power generator JERA plans to sell its stake in a yet-to-be-built offshore wind project in Taiwan, Nikkei reported late on Friday, on concerns about high construction costs and low profitability.JERA plans to sell its 44% stake…

Vietnam, Sembcorp in Subsea Power Cable, Offshore Wind Collab

Feb 10, 2023

Vietnam is in talks with Singapore's Sembcorp to build a submarine power transmission line between the two countries, the Vietnamese government said on Friday. The announcement was made after a meeting between Prime Minister Pham Minh Chinh…

South Korea’s Doosan Enerbility and Siemens Gamesa in Offshore Wind Collab

Feb 07, 2023

Offshore wind turbine maker Siemens Gamesa and South Korea's Doosan Enerbility, formerly known as Doosan Heavy Industries, have signed an agreement to collaborate on offshore wind projects in South Korea.Siemens Gamesa offshore wind business…

All 47 Turbines Installed at Formosa 2 Offshore Wind Project

Feb 01, 2023

All 47 offshore wind turbine generators have been installed at the Formosa 2 offshore wind project the 376MW Formosa 2 offshore wind project off the coast of Miaoli in western Taiwan.The last wind turbine was successfully installed on January 31…

Offshore Wind: Floating Wind is the Future

Jan 31, 2023

$3 billion forecast to be invested in new anchor handlers to meet floating wind demand.Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 MW…

Japan's Marubeni Starts Commercial Ops at Akita Offshore Wind Farm

Jan 31, 2023

Japanese trading firm Marubeni Corp started commercial operation based on the feed-in tariff program for renewable energy at Akita Port offshore wind farm on Tuesday, it said in a statement.Japan's offshore wind power market, part of the country's goal to be carbon neutral by 2050…

T7 Global Wins Offshore Decom and Headhunting Jobs from Hibiscus, PTTEP

Jan 25, 2023

Malaysian energy industry services provider, T7 Global said Wednesday it had secured two letters of award worth a combined value of approximately RM100 million (currently around $23,47 million). The letters of award were secured by the company's…

Taiwan: Taiya Renewable Energy to Join Floating Wind Demonstration and 3-2 Zonal Development in 2023

Jan 19, 2023

Taiya Renewable Energy (TRE), an offshore wind power developer in Taiwan, said Thursday it would bid for the second phase of wind power zonal development and floating demonstration project in 2023.Taiya has invited local and foreign investors…

Keppel O&M to Build Offshore Wind Substation for APAC Project

Jan 05, 2023

Singapore's Keppel Offshore & Marine (Keppel O&M) said Thursday it had won a contract worth around S$130 million (~$97 million) to build an offshore wind substation. The company did not say who the client was, apart from describing it as 'an international renewable energy company…

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Mexico will announce "measures" next week if there is no agreement on US metals duties
India's Vedanta says Trump's tariffs damaging, seeks import curbs
Sources say that Mexico renewed its approval of the Nippon Steel and US Steel merger on Thursday.
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