Page 11 - Wind Solutions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jones Act compliant SOV design. Photo courtesy Vard Edda Mistral. Photo courtesy Gondan As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter. As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States,” shows the anticipated growth trajectory. Service Operations Vessels (SOVs), which can commission a...

Airborne Wind Energy Market Forecast to Reach $180 Million by 2025 "Energy Efficiency Improvements, Including the Use of Renewable Energy Sources, Such as Hydro and Wind Power, Are Expected to Drive Market Growth Over the Forecast Period." Airborne Wind Energy BriefingWire.com, 4/16/2021 - Airborne Wind Energy Market is forecast to reach $180 million by 2025, growing at a CAGR 12.6% from 2020 to 2025. Airborne wind energy (AWE) is a technique used by rotors or turbines to generate electricity from wind currents supported in the air without any tower being moun...

Awind Orders Two CSOVs from China Merchants Industry Maritime Activity Reports, Inc. (Image: Awind) Norwegian-based Awind said it has ordered a pair of hybrid-electric commissioning, service and operations vessels (CSOV) from China Merchants Industry in Hong Kong, with options for up to four additional vessels. Awind, a subsidiary of Awilco affiliate Integrated Wind Solutions AS (IWS), said the two 90-meter newbuilds are scheduled for delivery in the first and second quarters of 2023. They will be used to support the installation, commissioning and operations/maintenance phase of offshore win...

Introduction: Recognising that an arbitration agreement between parties is an agreement independent of the substantive contract, the Delhi High Court in Dholi Spintex Pvt. Ltd. v. Louis Dreyfus Company India Pvt. Ltd. 1 has held that two Indian parties can choose a foreign law as the law governing the arbitration between them. The Court has also reiterated the legal position on limited interference by Courts in international arbitrations. Factual Background: Plaintiff") had entered into a contract with Louis Dreyfus Company India Pvt. Ltd. (the " Defendant") for supply of 600 metric tonnes o...