Latest News for: Offshore infrastructure


New York City unveils USD-191m offshore wind vision

Renewables Now 24 Sep 2021
New York City is committing to invest USD 191 million (EUR 163m) over 15 years to become an offshore wind leader ... Under it, the City aims to develop sites and infrastructure that will support the construction and operation of 12 GW of offshore wind, leveraging its location close to planned offshore wind lease areas on the East Coast.

Government Watch: Friday • Sept. 24, 2021

The Daily Journal - San Mateo 24 Sep 2021
• Newsom signed legislation authored by Assemblymember David Chiu, D-San Francisco, to jump-start the West Coast offshore wind industry ... The law will require the CEC to set 2030 and 2045 gigawatt targets for offshore wind production. The strategic plan will map out near-term infrastructure improvements needed to accommodate offshore wind facilities.

Offshore wind potential of 116 GW can boost Bulgaria's energy transition - CSD

Renewables Now 24 Sep 2021
The turning of the two largest Bulgarian Black Sea ports, Varna and Burgas, into decarbonization hubs would support offshore wind industry formation, CSD noted ... Improvements to infrastructure together with regulatory and administrative changes are necessary for opening the door to future investors in the offshore wind energy sector.

China Steel to invest in wind energy venture

Taipei Times 24 Sep 2021
The company plans to inject fresh capital into its offshore wind subsidiary, a joint venture with Denmark’s Copenhagen Infrastructure Partners. The company’s 300 megawatt Chong Neng offshore wind farm (中能風場) is part of Taiwan’s second round of offshore wind development and is slated to join the grid in 2024.

Weekly renewables M&A round-up (Sep 20-24)

Renewables Now 24 Sep 2021
US sustainable energy company Avangrid Inc (NYSE.AGR) and Denmark’s Copenhagen Infrastructure Partners (CIP) have agreed to restructure the ownership of some of the projects and proposals that their 50/50 offshore wind joint venture (JV) Vineyard Wind LLC is developing in the Atlantic Ocean.

How Fall River could become a player in the developing wind energy industry in the region

The Herald News 23 Sep 2021
The economic development package will provide for education and training to develop an offshore wind workforce, invest in local ports and in local ports, businesses and infrastructure ... State, New Bedford officials and local leaders criticize state's offshore wind bid process ... Baker, officials tout offshore wind workforce at New Bedford terminal.

CIP and Avangrid Renewables agree to restructure joint venture

Power Technology 22 Sep 2021
CIP will become the sole owner of the OCS-A 522 lease area, which can hold up to 2.5GW of offshore wind capacity. Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables have agreed to restructure their offshore wind joint venture in the US by exchanging ownership of the assets jointly owned by them.

CEO of Australia’s first offshore wind project resigns

Splash24/7 22 Sep 2021
Star of the South, a company behind Australia’s first offshore wind project has launched a search ... Thorhauge will stay in the family and lead another offshore wind project in Copenhagen Infrastructure Partners’ (CIP) portfolio, which will be announced in due course.

Turbine tour shows House leaders' plans to spin wheel on offshore wind policy

The Barnstable Patriot 22 Sep 2021
State energy officials said last year that one larger solicitation, rather than two procurement rounds of 800 MW each, "would give developers maximum flexibility to use transmission infrastructure efficiently" and could help "minimize the environmental and socioeconomic impacts ...

High-voltage Power Cable Market to Record $ 33.81 Bn Growth during 2021-2025 | Analyzing Growth ...

The Salamanca Press 22 Sep 2021
NEW YORK, Sept ... Factors such as increasing investments in renewable energy projects, expansion and revamping of T&D infrastructure in India, and growth in offshore wind energy will offer immense growth opportunities ... The high-voltage power cable market is fragmented, and the degree of fragmentation�will accelerate�during the forecast period ... US ... �.

Avangrid Renewables and Copenhagen Infrastructure Partners Announce Strategic Transaction to Advance Offshore Wind Development

The Marshall News Messenger 21 Sep 2021
Copenhagen Infrastructure Partners will take full ownership of lease area OCS-A 0522, the easternmost offshore wind area, which has the potential to deliver over 2,500 MW of clean energy into New England and New York ... CIP will, through its Copenhagen Infrastructure II K/S and ...

Concept to Convert Jack-up Rigs for Offshore Hydrogen Production

The Maritime Executive 21 Sep 2021
The installation would use power from the wind farms while leveraging the existing infrastructure of platforms, pipelines, terminals, and offshore equipment to reduce costs ... The company based in France notes that it has already been exploring offshore production and a similar production process for harsh offshore conditions.

Lhyfe, Borr Drilling join Aquaterra in offshore green H2 jack-up rig partnership

Renewables Now 21 Sep 2021
UK-based offshore engineering solutions provider Aquaterra ... The solution that will be developed will use existing platforms, pipelines, terminal infrastructure and offshore equipment that leverages existing infrastructure.

Green hydrogen jackup rig production concept unveiled

Splash24/7 21 Sep 2021
Offshore drilling contractor Borr Drilling has joined forces with UK-based engineering company Aquaterra Energy and ... The solution would use existing platforms, pipelines, terminal infrastructure, and offshore equipment, leveraging the existing infrastructure to reduce costs.