The European Investment Bank (EIB) has granted a €450 million credit line for co-financing the construction of the Fécamp offshore wind project in France. According to EIB, this is the first such operation it is financing in France, reinforcing the objectives set by its shareholders to make it the E
French company Naval Energies has joined the Offshore Wind California coalition, which gathers offshore wind developers and technology companies supporting a goal of 10 GW of installed offshore wind capacity in California by 2040. “We look forward to working with the Naval Energies team as we advanc
Energia Wind 2020 srl, part of the Italian energy company 3R Energia srl, has submitted an application to the Italian government for a 30-year concession of an area in Italy’s sector of the Adriatic Sea, where it plans to build a 330 MW offshore wind farm. The application outlines a site some off th
Capital expenditure (CAPEX) on offshore wind is expected to surpass upstream oil & gas spending in Europe in 2022, according to Rystad Energy. The oil market collapse caused by the Covid-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in th
Germany’s Federal Maritime and Hydrographic Agency (BSH) has awarded BioConsult SH with a contract for ecological investigations of benthos and fish in the N-6.6 and N-6.7 offshore wind areas. The company will carry out the preliminary investigation of the areas to assess their suitability for the c
German transport company Fraport AG plans to procure electricity generated at wind farms selected in Germany’s last two offshore wind auctions. Fraport AG, the operator of the Frankfurt Airport in Frankfurt am Main, intends to sign one or more power purchase agreements (PPAs) with offshore wind farm
Spectrum Geosurvey has secured a construction survey support contract for Ørsted’s Hornsea Two offshore wind project in the UK. Under the two-year contract, Spectrum will provide on-demand geophysical survey capacity for the wind farm. “We are delighted to secure another long-term contract allowing
1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that
Nexans Norway has been awarded a contract for the supply and installation of export cables for the Seagreen 1 offshore wind farm, after being chosen as a preferred supplier in 2019. The Norwegian company will design, manufacture and install three 65-kilometre offshore export cables and three 20-kilo
Two wind farm support vessels (WFSVs) are currently being built for the Akita Noshiro project, the first large-scale offshore wind farm in Japan established on a commercial basis. The two 27m WFSVs, designed by BMT, are being constructed by Cheoy Lee Shipyards at its Hin Lee (Zhuhai) Shipyard facili
Subsea 7’s renewables business unit Seaway 7 has chosen Lamprell for the delivery of 30 foundations for the Seagreen 1 offshore wind farm. Under the contract, yet to be finalised and to be executed on a lump-sum basis, the UAE-based company will manufacture jackets, transition pieces and suction cai
The Siemens Gamesa turbine components destined for the Coastal Virginia Offshore Wind (CVOW) demonstration project are being loaded onto Jan De Nul’s jack-up vessel Vole au vent in the Port of Halifax, Canada. The vessel first departed from Canada to the project site offshore Virginia on 20 May, car
Jan De Nul has kicked off construction works in Taiwan for the 376 MW Formosa 2 offshore wind farm. Nearshore and onshore construction works have started at the landfall site in Miaoli County and Taichung port, Jan De Nul said. Offshore installation works will commence later this year. At the landfa
Denmark has mapped out areas in the North Sea and the Baltic Sea suitable for the development of up to 18 GW of offshore wind capacity. COWI has, on behalf of the Danish Energy Agency, conducted ”a fine screening” of areas in Danish territorial waters to investigate the possibility of establishing b
