Floating wind technology developer BW Ideol has teamed up with Hitachi ABB Power Grids on developing scalable floating substations for offshore wind.In what has been described as an industry-first collaboration, the duo will work on developing…
Ørsted, the world's largest offshore wind developer, has joined a consortium with Fred. Olsen Renewables and Hafslund Eco with the aim to compete in Norway's upcoming application round for offshore wind areas.'The Norwegian part of the North…
Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.Ocergy…
Norwegian energy company Equinor said Tuesday its Hywind Scotland floating offshore wind farm in the UK has, for the third consecutive year, reached the highest average capacity factor for any wind farm in the UK.With an average capacity factor of 57…
Energy services giant TechnipFMC and renewables investor Magnora have entered into an agreement to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind.Magnora, which invests cash generated from a UK oil field to invest in renewables…
Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…
BW Offshore, a company mainly known as the operator of FPSO vessels in the oil and gas industry, is creating what it calls 'a floating offshore wind champion targeting large-scale projects,' following an agreement signed Wednesday to buy into the floating offshore wind tech developer Ideol…
BW Offshore, a company known for its FPSO leasing business in the oil and gas sector, is looking to diversify by entering the floating offshore wind space and has started talks with floating wind firm Ideol over a potential investment.The move…
The U.S. offshore wind industry is set to flourish in the upcoming years due to planned fixed bottom turbine projects on the east coast, however, a floating wind boom is expected as well, a Danish offshore wind energy intelligence firm said Wednesday…
The UK floating offshore wind could reach “subsidy-free” levels by the early 2030s, according to a study completed by the ORE Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE).The study titled: 'The Floating Offshore Wind: Cost…
Sevan SSP, a company designing cylindrical, offshore facilities such as FPSOs and offshore rigs, has entered the floating wind game with its SWACH design.'Sevan SSP is happy to announce our participation in the development of floating offshore wind energy with our Sevan Wind concept…
Wave energy converter developer Bombora and energy services giant TechnipFMC have teamed up to work on a floating offshore wind project, which pairs ocean wave energy with offshore wind.Bombora said Wednesday that under the cooperation in the…
Advisory company Renewables Consulting Group (RCG) has appointed floating offshore wind specialist Dan Kyle Spearman to lead its global floating offshore wind practice.'As floating offshore wind will be a key renewable energy technology in the energy transition to net zero carbon emissions…
South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…
The floating offshore wind industry, currently at its beginnings, is set for massive growth in the years to come, which has now led the classification society DNV GL to released the first integrated rule set for floating offshore wind structures…
