France is ramping up its offshore wind energy expansion. President Macron has announced a tender wave aiming to connect an additional 10 GW to the grid by 2035.
Equinor’s Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion. Financial close was reached at the end of December 2024.
The British subsidiary of the Iberdrola Group and the port authority Peel Ports Great Yarmouth have signed an agreement to reserve the site and carry out this assignment.
The HIPERWIND project has developed new design simulation models that reduce the levelized cost of energy by up to 9%, thus making offshore wind turbine construction and operation more cost-effective and reliable.
The work is already in full swing in Korsnäs off the west coast of Finland where one of the most significant industrial projects in the country is in progress.
The emissions reduction solution NORDEN follows works by burning biofuel on a vessel and the emission reduction being allocated to a third-party customer using a book and claim chain of custody system.