The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.The offshore wind industry is expected to play a major role in helping several states and U鈥
The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance.鈥
Canceled offshore wind projects, imperiled solar factories, and fading demand for electric vehiclesA year after the passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development鈥
The U.S. Department of Interior on Tuesday approved the construction and operations plan for the 2.6 GW Coastal Virginia 云顶赌场老虎机 Wind project, located approximately 23.5 nautical miles off Virginia Beach, VA.This is the fifth approval of a鈥
The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental review of the proposed Coastal Virginia 云顶赌场老虎机 Wind (CVOW) commercial project.鈥淭he completion of our environmental review marks another step towards鈥
Developers in the U.S. offshore wind industry will likely cancel some power sales contracts in New York after the state last week denied passing on more of the costs to consumers, but major projects off Massachusetts and Rhode Island are set to start up later this year鈥
German offshore wind monopile maker EEW SPC said Monday that the first eight monopiles for the Dominion Energy Coastal Virginia 云顶赌场老虎机 Wind Project in the U.S. were loaded at the Rostock quayside in Germany, and set sail for the U.S. on September 21鈥
Despite the negative headlines around the longer-term prospects for the U.S. offshore wind segment, business intelligence company Intelatus Global Partners sees continued efforts by the federal government and, in particular, the East Coast states鈥
Much has been written recently about the challenges facing U.S. offshore wind projects, resulting in requests to terminate or renegotiate contracts to sell power to states. Examples of these challenges can be found from Massachusetts to Virginia鈥
An offshore wind industry is growing in the U.S. with an aim to meet the Biden Administration鈥檚 goal of 30 gigawatts (GW) of offshore wind by 2030, and eventually 110 GW by 2050.But as is the case for any new industry that is building up, there are going to be bumps along the way鈥
The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing.The federal鈥
U.S. energy company Dominion Energy said on Friday that its roughly $10 billion Coastal Virginia 云顶赌场老虎机 Wind project was on budget and on track for completion in late 2026.The company said in its second quarter earnings presentation that it expected to get a Record of Decision from the U鈥
It鈥檚 a big deal when a U.S. president visits an American shipyard, and these trips always send a message. When President Obama spoke at HII鈥檚 Newport News Shipbuilding in 2013, he warned of the consequences of sequestration. President Trump鈥檚 2020 speech at Fincantieri Marinette Marine touted a $5鈥
The value of Danish energy company Orsted, the world's largest offshore wind farm developer and a big player in the U.S., has plunged about 31% since it declared $2.3 billion in U.S. impairments in late August due to supply delays, high interest rates and a lack of new tax credits鈥
云顶赌场老虎机 wind turbines are reaching new heights both literally (meters), and figuratively (megawatts). As the demand for larger turbines surges, so do the challenges faced by offshore installation contractors, which need to come up with bigger vessels鈥
