UK-based developer 17 Energy Ltd. expects to bring its proposed 1 GW floating offshore wind farm off the Chilean coast 'to market' in 2028, co-founder Úna Brosnan told Energy Voice.
Aurora continues it's M&A spree as it picks up a Chilean wind energy services business.
Equinor ASA and Dominion Energy Inc. will spend a combined $93 million on leases to develop offshore wind farms near Delaware and Virginia, despite former president Donald Trump’s vow to target the industry if he retakes office.
GE Vernova Inc. (NYSE:GEV) plans to reinspect every offshore wind-turbine blade the company has ever produced, after finding a “material deviation” at the factory supplying the component that recently broke at a US project under construction.
A victory by Republican Donald Trump in the US presidential election threatens $1 trillion in energy investments and future support for low-carbon energy sources, according to a Wood Mackenzie report.
Renewable energy provider Octopus Energy is set to invest in California-based floating offshore wind firm Ocergy.
Aberdeen-headquartered OEG Renewables has landed a multi-year deal with Ørsted covering its offshore wind projects in the north-eastern US.
Chevron Corp.’s (NYSE:CVX) venture arm launched a fund — its third — with a $500 million commitment to invest in clean energy technologies.
Macquarie Asset Management (ASX:MQG) is making a $50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to walk away.
The Biden administration approved Orsted A/S’s (CPH: ORSTED) plans to build a nearly 1-gigawatt offshore wind farm near a popular Massachusetts vacation destination, setting the stage for the massive project to begin supplying power to New York in 2026.
New York state has provisionally awarded contracts to 1.7GW of new wind capacity developed Orsted and Equinor as part of its fourth auction.
The offshore wind industry had been lulled into a false sense of security through cheap money and a deflationary services market, Orsted’s outgoing interim COO Andy Brown said today.
Abu Dhabi’s Masdar is exploring the possibility of taking a stake in renewable-energy assets owned by Iberdrola SA in the US, according to people familiar with the matter.
OEG achieves "milestone" goal of even split in revenues between renewables and offshore oil and gas
The Equinor CEO said he had regular discussions with turbine makers on improving costs. “I’m sure that in time offshore wind will be back with lowering the levelised cost of energy.”
Wind-energy titan Orsted A/S (CPH:ORSTED) will pitch its strategic plan to investors this week, after a disastrous 2023 that saw a multi-billion-dollar writedown on US projects and the dismissal of two top executives.
Equinor, Ørsted and RWE announce bids for fourth New York offshore wind round
BP (LON: BP) and Equinor ASA are parting ways in the US offshore wind market.
Orsted A/S (CPH:ORSTED) agreed to buy out its joint venture partner in a New York offshore wind farm after abandoning two New Jersey projects last year and taking $4 billion in impairment charges.
Eversource Energy plans to offload stakes in South Fork, Sunrise and Revolution wind projects in the US
“There’s a twofold question for wind turbines of a larger nameplate capacity. Can they be installed? And what is a long-term sustainable market?”
Equinor and BP will seek "new offtake opportunities" for the Empire Wind 2 project.
Canada is dismantling regulatory hurdles for offshore wind projects along its Atlantic coast, aiming to transform one of the world’s longest and gustiest shorelines into a renewable energy leader despite the industry’s current slump.
“The process is open and will involve investors from all over the world interested in the development of wind energy. This new country project will position Colombia as a benchmark in the generation of renewable energy in the region, and will strengthen national energy security,” said Camacho.
Pict Offshore has partnered with Maersk Training to help instruct workers in the use of its Get Up Safe (GUS) transfer system at US offshore wind farms.