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Bangladesh Gov't Gives Nod for Country's First Offshore Wind Project, Summit Says

Nov 07, 2023

Denmark's green investment proposal valued at USD 1.3 billion for developing the country's first 500 MW utility-scale offshore wind energy project has received approval in principle from the Bangladesh government to carry out a detailed feasibility study and implement the first phase of development with site exclusivity in the next 3 years, Bangladesh's Summit Group has informed.Denmark's Copenhagen Infrastructure Partners (CIP)…

UK's Octopus Energy Launches $3.7B Offshore Wind Fund with Tokyo Gas

Nov 17, 2023

Britain's Octopus Energy said on Friday that its renewables investing arm had launched a dedicated fund with Japan's Tokyo Gas to invest 3 billion pounds ($3.7 billion) in offshore wind projects by 2030.The Octopus Energy Offshore Wind fund…

Vietnam Will Struggle to Meet 2030 Offshore wind goal, Top Official Says

Nov 09, 2023

Vietnam will have a hard time reaching its offshore wind power target for 2030, a top executive at a state-owned energy company said, with foreign investors also warning of multiple regulatory hurdles that would need to be cleared.The Southeast…

First of a Kind Offshore Renewable Energy Hybrid Project Unveiled in China

Nov 03, 2023

The world's first offshore renewable energy project, combining floating wind power and deep-sea aquaculture, has been completed in China, Shanghai Electric Wind Power Group has informed.The project is developed by Longyuan Power Group, together…

Japan, Denmark to Collaborate on Floating Offshore Wind Technology

Oct 25, 2023

Japan and Denmark have agreed to join hands in researching and developing floating offshore wind power technologies in a bid to combat climate change, Japan's trade and industry ministry said.The nascent floating offshore wind industry is poised…

DEME Group Secures New Taiwan Offshore Wind Contract

Oct 20, 2023

Belgium-based offshore installation company DEME Group said Friday it had won a new offshore wind contract in Taiwan, through its Taiwan-based affiliate CDWE.Offshore wind developer Ørsted has awarded CDWE a contract to carry out seabed levelling…

Apex Aviation and NHV to Offer Helicopter Services to Taiwan's Offshore Wind Industry

Oct 19, 2023

Offshore helicopter services company NHV Group has announced a collaboration in Taiwan with Apex Aviation, a local Taiwanese company, with the aim of providing helicopter transportation services to Taiwan's growing offshore wind industry.'Given…

Ørsted Moves Closer to 50% Stake Divestment in Taiwanese Offshore Wind Farm Project

Oct 17, 2023

Denmark-based global offshore wind developer Ørsted is set to divest a 50% stake in its offshore wind farm project in Taiwan and has signed an exclusivity agreement with a Taiwanese insurance company and its affiliate, following a competitive divestment process…

Fugro Boosts Offshore Wind Service Capabilities in Taiwan with New Geotechnical Lab

Oct 17, 2023

Offshore survey services and geo-data specialist Fugro on Tuesday announced the opening of its new geotechnical testing laboratory in Kaohsiung, Taiwan. Fugro said the new lab would bolster the company's capability to deliver advanced geotechnical testing for the offshore wind market…

Japan's Marubeni and Partners to Invest $12.3B in UK clean energy

Oct 12, 2023

Japan's Marubeni Corp has pledged to invest 10 billion pounds ($12.3 billion) with partners over the next decade in clean energy in the United Kingdom, according to a memorandum of understanding (MoU) signed on Wednesday. Marubeni and the UK government signed the MoU…

MOL and MOLMEC to Launch DP System Simulator Training Program for Offshore Wind Crews

Oct 11, 2023

Japanese companies Mitsui O.S.K. Lines (MOL) and MOL Marine & Engineering Co. (MOLMEC) said Wednesday they would launch a training program using the Dynamic Positioning (DP) System simulator, targeting crewmembers of self-elevating platform (SEP) vessels and service operation vessels (SOVs)…

SK E&S and CIP Seal Deal on 99MW Offshore Wind Project in South Korea

Oct 11, 2023

SK E&S, one of the largest conglomerates in South Korea, and Copenhagen Infrastructure Partners have reached financial close on the Jeonnam 1 offshore wind project in South Korea.Jeonnam 1 will be a 99-MW offshore wind farm off the coast of Shinan County…

Penta-Ocean's New Offshore Wind Turbine Installation Vessel Set for Japan Debut

Oct 06, 2023

Singapore-based PaxOcean has recently delivered an offshore wind turbine installation vessel, CP-16001, to Penta–Ocean Construction Co. Ltd. (Penta-Ocean) in Batam, Indonesia.The offshore installation vessel is 123 meters long, 45 meters wide…

Financing Secured for 1GW Offshore Wind Project in Taiwan

Sep 28, 2023

Northland Power Inc. said Thursday that its Hai Long offshore wind project in Taiwan had met all conditions to close its 1171 billion New Taiwan Dollars long-term non-recourse green financing. This is the equivalent of around CAD 5 billion, or $3…

Taiwan Aims to Shed Dirty Power Reputation with Big Wind Push

Sep 28, 2023

One of the dirtiest and most import-dependent power sectors in Asia is on a clean-up drive. Taiwan currently imports roughly 98% of its energy sources and gets more than 80% of its electricity from fossil fuels, including around 43% from coal and 39% from natural gas…

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