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offshore

EUR 5.5 Billion Offshore Cable Contracts Awarded By TenneT

Dutch transmission system major TenneT has awarded NKT, Nexans and a consortium of Jan De Nul, LS Cable and Denys to install 525 kV HVDC cable systems for ten projects. The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately EUR 5.5 billion. With this agreement, […]

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Large Offshore Wind Turbines Leading To Unsustainable Market Risks, Says Report  

A recent report by GCube, a leading underwriter for renewable energy projects, claims that all is not well with the deployment of large wind offshore turbines. The report titled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” talks about several market vulnerabilities created by using the latest technology meant to […]

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Gothenburg Port Authority Claims Stake in 1 GW Swedish Offshore Wind Project

Gothenburg Port Authority has bought a minority share in the Swedish offshore wind farm of 1 GW (unbuilt) by Eolus, a wind power developer in the Nordics. The said offshore wind farm, which boasts of an installed capacity worth 1,000 MW in Sweden, will have the potential to produce 4-4.5 TWh of renewable electricity every […]

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Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report

The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions.  GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […]

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GOWA Has Shot In The Arm: CIP Joins Alliance For 380-GW Offshore Wind Deployment Worldwide

Just when the world is grappled with renewables expansion to arrest climate change, the Copenhagen Infrastructure Partners (CIP) has announced that its joining the Global Offshore Wind Alliance (GOWA) is developing 380 GW of wind capacity globally and helping countries transform their economies using offshore wind power. GOWA is an international coalition founded by the […]

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RWE Secures All Components For 1,000 MW Thor Offshore Wind Farm

Global renewables player RWE is making progress on Thor Offshore Wind Farm which is Denmark’s largest to date. RWE has announced to have selected all preferred suppliers for all main components for the wind farm. With a planned capacity of more than 1,000 MW, Thor will be built in the Danish North Sea,off Jutland coast. […]

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Vestas Secures 238 MW Japanese Offshore Wind Order

Danish wind turbine manufacturer Vestas has announced that it has secured a 238 MW order from Hibiki Wind Energy for the Kitakyushu-Hibikinada Offshore Wind Farm Project in Japan. The wind farm is located off the coast of Kitakyushu city, Fukuoka prefecture. Vestas held that the order includes supply and installation of 25 V174-9.5 MW wind […]

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EUR 30 Billion Contracts by TenneT for 60 GW North Sea Offshore Wind Plans

The Netherlands based transmission system giant TenneT, Hitachi Energy/Petrofac and the three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott and Siemens Energy/Dragados have signed contracts in Berlin, Germany, to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components of the 14 systems amounts to around €30 billion.  The […]

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