President Donald Trump’s tariffs threaten to increase the cost of a big offshore wind farm that Dominion Energy Inc. is building by as much as $500 million, the company said Thursday.
https://gcaptain.com/dominion-says-tariffs-may-add-500-million-to-wind-project-cost/
Two advanced commissioning service and operations vessels (CSOVs) under construction for Aberdeen, Scotland-headquartered North Star are now alongside the quay at the Vard Langsten shipyard in Norway, marking an important step in the long lasting cooperation between North Star and Fincantieri’s Norwegian subsidiary.
The CSOV’s are being built under North Star’s offshore wind fleet strategy. The company aims to deploy 40 offshore wind vessels by 2040, with eight vessels already delivered or under...
Leslie Beyer, Donald Trump’s nominee for a top Interior Department position, has agreed that the recent order to stop work on Equinor’s Empire Wind project sent “a dangerous message” to developers. Beyer, nominated as assistant secretary of the interior, lands and minerals management, was asked by...
https://splash247.com/trump-energy-official-concedes-empire-wind-halt-was-dangerous/
Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of over 7GW and £9.6bn ($12.75bn) in assets under management. The asset manager is...
https://splash247.com/orsted-sells-stake-in-uk-offshore-wind-farm-for-600m/
Equinor stands to lose billions of dollars on its massive wind power project offshore the state of New York unless U.S. President Donald Trump’s administration reverses a decision to halt the construction, the Norwegian group said on Wednesday.
https://gcaptain.com/equinor-says-it-could-lose-billions-on-trumps-offshore-wind-clampdown/
PD Ports has announced ambitious plans to develop one of the UK’s largest offshore wind manufacturing and installation hubs, the Teesport Offshore Gateway. The proposed development, estimated at £200 million,…
https://gcaptain.com/pd-ports-unveils-plans-for-major-offshore-wind-hub-on-uks-east-coast/
PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m). The project will unlock just shy of 730,000 sq m of development potential for a range of offshore manufacturers,...
https://splash247.com/pd-ports-planning-development-of-260m-uk-offshore-wind-hub/
The Dutch government has reduced its offshore wind targets and removed one of the zones set for offshore wind development to give more room to the fishing sector. The authorities decided to amend their North Sea Programme and, with it, reduce the offshore wind energy target from 50GW to 21GW. This...
https://splash247.com/dutch-government-scales-back-offshore-wind-to-preserve-fisheries/
South Korea’s LS Marine Solution has won a $15.8m contract for the installation of subsea cables at a wind farm off Taiwan. The contract is LS Marine Solution’s first overseas order and the first time a South Korean company has entered the international subsea cable market. The project is part of...
https://splash247.com/ls-marine-solution-gets-cabling-deal-on-taiwanese-offshore-wind-farm/
German utility RWE has frozen all of its US offshore wind operations due to the political environment created by the administration of current president Donald Trump. In November last year, while the campaign for the new US president was still hot, the company said that the possibility of a new...
https://splash247.com/rwe-stops-all-us-offshore-wind-activities-due-to-political-climate/