Equinor has signed a memorandum of understanding (MoU) with the Korea National Oil Corporation (KNOC) to investigate the potential for floating offshore wind development in South Korea.
The floating offshore wind turbine platform concept, designed by industry veteran Henrik Stiesdal, will be installed at a demonstration site in Norway, following a final investment decision by backers Shell and Innogy.
The Ministry of New and Renewable Energy has released draft lease rules aimed at supporting private sector participation in offshore wind mapping and project development.
Last month's blockbuster Bureau of Ocean Energy Management (BOEM) triple auction in Massachusetts had significant implications for the wider US offshore wind industry, Liz Burdock of the Business Network for Offshore Wind writes.
GERMANY: A German consortium has developed, tested and validated a self-aligning, lightweight, four-legged semi-submersible floating-platform concept that integrates the turbine tower. Eize de Vries highlights the technological innovations.
UK: Draft plans for the UK's next contracts for difference (CfD) budget for offshore wind point to the country staying on course for delivering 1-2GW of new capacity annually by 2030, but only just.