Tag:

offshore wind

Offshore Wind Sector Overcomes Challenges to Achieve Record Growth in 2023

The global offshore wind sector has experienced significant growth in its mature pipeline despite supply chain disruptions and escalating prices, Wood Mackenzie said. Late-stage mergers...

Offshore Wind Industry Gears Up for a Resurgent 2024 Amidst Setbacks

After a year plagued by setbacks and substantial write-offs totaling billions of dollars, the U.S. offshore wind sector is eyeing a promising turnaround in...

Orsted Secures 1.6 GW Offshore Wind License in Korea, Marks Milestone Towards Green Energy Transition

Orsted, a global leader in renewable energy, has achieved a significant milestone in South Korea’s green energy landscape by securing a 1.6 GW Electricity...

Offshore Wind Sector Faces Headwinds, Reshaping Future Energy Project Landscape: EY Report

The offshore wind industry confronts turbulent times, potentially altering the landscape of large-scale energy projects and their funding, according to the latest findings in...

European Energy Companies Face Offshore Wind Investment Write-Downs in US

European energy companies, including Denmark’s Orsted, are expected to announce write-downs on their U.S. offshore wind investments following similar actions by BP and Equinor....

Freja Offshore Proposes 2.5 GW Dyning Floating Offshore Wind Farm in Baltic Sea

Freja Offshore, a joint venture between Mainstream Renewable Power and Hexicon, has taken a significant step forward in expanding sustainable energy solutions by submitting...

Allianz Commercial Spotlights Offshore Wind Sector’s Global Growth and Risks in New Report

The burgeoning potential of offshore wind as a pivotal source of clean energy for the global energy transition is unequivocal. A recent report, “A...

US Target of 30 GW of Offshore Wind Faces Significant Hurdles

In the fight against climate change, United States President Joe Biden’s ambitious objective of deploying 30,000 megawatts of offshore wind along U.S. coastlines by...