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.
Aberdeen-based energy storage specialist Verlume has teamed up with Swedish vertical-axis wind turbine developer SeaTwirl to electrify offshore oil and gas assets and decarbonise the oil and gas industry.
Norway is pushing back its timeline for a move into offshore floating wind parks as it deals with queries from the European Free Trade Association Surveillance Authority over state support for potential projects.
On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky triangular legs. The vessel has just been retrofit with a huge crane capable of lifting up to 1,600 tons 160 meters above deck. Once the finishing touches have been made, the Wind Osprey will take off for Germany, and return to building wind turbines at sea.
Shell has awarded a service contract to Australian engineering firm Worley for work on its green hydrogen project at the Port of Rotterdam, which is set to be Europe's largest.
A new study has found policymakers are more likely to be influenced by reports which tend to emphasise the negative environmental aspects of offshore wind farms.
Growing up in a poor village in the mountains of central Taiwan, Robert Tsai would have to walk more than two hours to bring buckets of clean drinking water back to their family home.
Artificial intelligence (AI) experts say the emerging technology will play a "crucial role" in future energy systems, emerging as a new frontier in the energy transition.
The team behind the Salamander floating offshore wind project will partner with two Scottish universities to study the impact of floating windfarms on marine ecosystems.
Vestas Wind Systems A/S (CPH:VWS) expects earnings to improve further this year after returning to profitability in 2023 as the Danish company turns the page on an industry-wide crisis that slowed the development of projects.
Shell Plc (LON:SHEL) is looking to sell part of its stake in a wind farm it built off the coast of the Netherlands as the company aims to drive more value for shareholders.
Orsted A/S (CPH:ORSTED) will pause dividend payments until at least 2025 and slash plans to build new projects this decade as part of a wide array of cost-cutting measures outlined by chief executive officer Mads Nipper.
Thistle Wind Partners (TWP) has passed a planning milestone for its Ayre Offshore Wind farm, submitting the onshore scoping report to Highland Council.
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.
The wind sector is in growth mode and stakeholders are fiercely competing to increase their slice of the pie but growing pains have emerged, casting a shadow on previously held assumptions around the commerciality of the sector.