Energy

Ocean Winds, an international company dedicated to offshore wind energy, created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE, announces the sale of a 16.6% of its majority stake in its operating Moray East Offshore Wind Farm, to Equitix.

US Wind CEO Jeff Grybowski released a statement on the Bureau of Ocean Energy Management’s (BOEM) announcement that a Notice of Availability of the Draft Environmental Impact Statement (EIS) on US Wind’s Construction and Operations Plan will be published on October 6, 2023.

Consistent with the requirements of the Inflation Reduction Act (IRA) concerning offshore conventional and renewable energy leasing, the Department of the Interior releases the Proposed Final Program and Final Programmatic Environmental Impact Statement (EIS) for the 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program).

Baker Hughes has received two awards from Vår Energi that expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.

Tugdock has signed a Memorandum of Understanding (MoU) with Salamander Floating Offshore Wind Farm to collaborate on innovation for floating offshore wind energy in Scotland.

The Bureau of Ocean Energy Management (BOEM) is postponing Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale 261.

Principle Power has expanded its WindFloat^® product portfolio to two fully industrialized products: the existing WindFloat tubular design—now called WindFloat T—and the new flat panel, pontoon-based solution, known as the WindFloat F.

White Cross Offshore Windfarm Limited, which is a joint venture between Cobra and Flotation Energy, has taken a significant step in the project’s development by submitting its onshore planning application to North Devon Council.

The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed Coastal Virginia Offshore Wind (CVOW) commercial project, which BOEM estimates could power about one million homes with clean, renewable energy if approved.  

Rutter Inc. and Ørsted announced a partnership aimed at improving the safe transfer of personnel to offshore wind turbines using Rutter’s Wave prediction technology.

The Business Network for Offshore Wind, a leading national organization working to accelerate offshore wind energy deployment and build a robust domestic supply chain, has released a new report, Building a National Network of Offshore Wind Ports: A $36B Plan for Domestic Clean Energy Infrastructure, which highlights the urgent need for private and public investment in US offshore wind port development and outlines potential solutions for unlocking the needed capital to build the US industry.

Northland Power Inc. along with its partner, Orlen S.A., announced that its Baltic Power offshore wind project (“Baltic Power” or the “project”) in Poland has signed a credit agreement to secure an equivalent of $5.2 billion of non-recourse green financing that adheres to Northland’s green financing framework covering construction and a 20-year term.