The project is set to become the largest offshore wind farm in the country and plays a pivotal role in Korea’s transition to net-zero emissions by 2050.
Offshore wind developer Ørsted says it will reduce its work force by 25 percent by the end of 2027, foreseeing a decline in new construction activities and a need to refocus on markets in Europe and Asia.
The Port of Long Beach was awarded $20 million by the California Energy Commission to fund the ongoing development of Pier Wind, a proposed 400-acre terminal to assemble and deploy floating offshore wind turbines.
The project comprises three wind turbines, each with 8-megawatt capacity, capable of generating enough electricity annually to meet the needs of approximately 45,000 households.
Cadeler has signed a firm contract with Ocean Winds for the transportation and installation of 26 Siemens Gamesa 14MW offshore wind turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea.