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Secondary finance driving offshore investments

Secondary finance driving offshore investments

WORLDWIDE: Investments in offshore wind reached a record high in 2017, while spending on onshore wind fell by nearly 15%, according to the International Energy Agency (IEA).

Investor and trader launch €200m wind fund

Investor and trader launch €200m wind fund

EUROPE: Investment firm Low Carbon and energy and commodity trader Vitol have closed a fund to invest in European renewable energy projects, including onshore and offshore wind.

Ørsted launches Ocean Wind lidar buoy

Ørsted launches Ocean Wind lidar buoy

UNITED STATES: Developer Ørsted has started measuring wind and wave conditions to determine the best turbine locations for its Ocean Wind project off the coast of New Jersey.

First turbine installed at Beatrice

First turbine installed at Beatrice

UK: The first Siemens Gamesa turbine has been installed at the Beatrice offshore wind project in Scotland.

Offshore decommissioning could cost UK £3.6bn

Offshore decommissioning could cost UK £3.6bn

UK: Decommissioning 37 offshore wind farms in various stages of development in UK waters could cost the government between £1.28 billion (€1.44 billion) and £3.64 billion (€4.12 billion), a new report has revealed.

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In Depth

OPINION: Making the most of the offshore wind boom

OPINION: Making the most of the offshore wind boom

With the pace of offshore deployment increasing, the supply chain needs to keep pace. Here, vessel supplier Seajack's crewing manager, Ian Robertson, sets out the three major challenges facing the sector.

Floating offshore takes to the skies

Floating offshore takes to the skies

NETHERLANDS: Airborne wind energy systems (AWES) are seeing growing wind industry interest, but it remains an emerging technology set against conventional wind power's track record, production volumes and readiness for market.

Vessels go supersize

Vessels go supersize

WORLDWIDE: The latest fossil-fuel player to move into renewables is the owner of one of the world's largest crane vessels, capable of lifting 14,000 tonnes. As offshore wind turbines grow bigger and move into deeper water, could Saipem's oil and gas background give it an advantage over established players?

Floating wind eager for commercial projects

Floating wind eager for commercial projects

FRANCE: Encouraged by the success of Hywind Scotland, the floating offshore wind sector is aiming to make policymakers take note and move on to build utility-scale projects. But supply-chain challenges need addressing for serial production to become viable

Poland outlines offshore ambitions

Poland outlines offshore ambitions

POLAND: With costs coming down, a pre-existing supply chain and other sites being developed nearby, Poland is well placed to develop and build a large-scale offshore market.