Page 69 - Offshore Wind News Today

Statkraft has agreed to acquire Enerfin, a unit of Spanish engineering and construction company Elecnor, in a transaction valued at €1.8bn.

The proposals are at an early stage, with ideas under consideration including a direct route between the two countries, or alternatively going via Norway.

Baker Marine Solutions (BMS) is proud to present a new concept design for the U.S. offshore wind industry.As the industry evolves, new challenges emer...

Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its offshore wind projects in the US, according to Jefferies International Ltd analysts who cut their recommendation on the company to hold from buy. Penalties of 15 to 18 billion Danish kroner ($2.2-2.6 billion) that the company will need to pay to exit the projects will leave a funding hole that will challenge the company’s BBB+ credit rating, equity analysts including Ahmed Fa...

Norwegian Energy Partners (NORWEP) has successfully orchestrated a convergence of international industry corporations, ministers, and 1,000 representatives from Norway's supply chain at the International Energy Forum 2023 (IEF2023) in Oslo.

The U.S. entered the offshore wind market late in comparison to European countries.

From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood https://renews.biz/89521/uk-hikes-offshore-wind-cfd-price-cap-by-66/ Following the news that offshore wind prices will rise to over £100/MWh in the next round of CfDs, it is worthwhile recapping what we are currently paying existing wind farms. The older wind farms, which are covered by ROCs, are currently paid a

The event couldn’t have come at a more complicated time for the offshore wind industry. On the one hand, the first two large offshore wind projects in the nation are in construction in the waters off Rhode Island and Massachusetts. On the other, a series of projects that were set to follow in their footsteps have run into dire straits, victims of inflation and supply chain problems. Just two weeks ago, Ørsted, the Danish company that is the world’s leading...

Goldman Sachs trading desk attributes the recent plunge in oil prices to a combination of weaker physical markets, decreased Middle East risk premium, and other market dynamics.

The public comment period for two proposed offshore wind energy areas (WEAs) totaling 219,568 acres off the coast of southern Oregon concluded on October 31...