Esgian Offshore Wind

Securing power purchase agreements is a strong signal that a project is moving forward with confidence.   As new offshore wind projects in markets like Germany and the Netherlands are being built without government support, signing PPAs can be key for the project to move ahead, and indicate confidence in a project from the developers. PPAs for offshore wind are on a rise and becoming more common, and to keep tabs, we have gathered past, ongoing and future PPAs announced for projects in one place.    Watch the video for an inside look at how we present these insights to our subscribers. #OffshoreWind #OffshoreWindFarm #WindEnergy #PowerAgreements #ProjectDevelopment #RenewableEnergy #EnergyProjects #Sustainability #PPAs #CleanEnergy #EnergyIndustry

Swedish authorities have rejected 13 Baltic Sea offshore wind projects, citing risks linked to security threats and reaction time for the armed forces. Blocking the projects is a significant blow for the pipeline of future offshore wind development in Sweden, putting a hold on several projects backed by experienced developers. ➡ One project got the light however, the Poseidon project developed by Vattenfall and Zephyr, located off the west coast of Sweden. ➡ For more details and an overview of the projects: https://lnkd.in/dbPkXU5R

After essential upgrades, Van Oord's heavy-lift vessel Svanen is back in action, setting sail for monopile installations at the Baltic Power project! Image source: Van Oord Story ➡️ https://lnkd.in/dtcaCD4R

Happy Weekend! And happy reading... Here's some highlights of what's been going on this week in Offshore Wind as sourced by our in-house Analysts within Esgian. If you have any questions and wish to find out more, you know what to do: DM, Comment 'WEEKREVIEW' or email wind@esgian.com #offshorewind #review #marketintelligence #marketreport #analysis #windenergy #windfarm #offshorewindfarm

Wind Orca is in the final stretch of turbine installations at Moray West, with just six SG-14.0-222 turbines remaining, and is expected to finish this month. Image source (image not related to the project): Cadeler Full story: https://lnkd.in/dczbX8p4 Moray West | Cadeler | Siemens Gamesa | OW Ocean Winds

🔔 This week we saw the Colombian energy ministry mention 9 companies that are interested in offshore wind projects, foreign and local companies were amongst the interested. There's hints that formal bids could come in H1 2025. We track all potential lease rounds in our Wind Analytics digital platform 💡 If you want to be able to track this early phase data, then you know what to do ⬇ DM, comment LEASE ROUNDS or email wind@esgian.com and we'll show you how. #offshorewind #windenergy #lease #area #windfarm #offshorewindfarm #renewableenergy #earlyphase #data #marketintelligence

✅ Ørsted divest stakes in UK flagship offshore wind farms ➡ Ørsted has announced a divestment of shares in four UK offshore wind projects. Brookfield will take a 12.45 % minority stake in the operational projects Hornsea 1, Hornsea 2, Walney Extension and Burbo Bank Extension, equal to 436 MW. The sell down from Ørsted is a part of their farm-down program announced in February. Ørsted will retain a 37.55 % stake in all of the projects. For more details on the sale: https://lnkd.in/djxBeDBz Image Credit: Ørsted, Waleny Extension

Results are in! 🌬 Exciting day for the U.S. offshore wind market! Especially with the pending election around the corner 💡   Bureau of Ocean Energy Management (BOEM) hosted The Gulf of Maine Offshore Wind Lease Auction today, aiming to award up to 8 lease areas to developers, the last round expected in the US before the end of 2024!   Avangrid Renewables (Iberdrola) and Invenergy were the big winners of the round, taking two new sites each with a combined estimated capacity of 7.8 GW, all suited for floating projects. 🏅   Securing these lease areas is critical as the U.S. heads toward an important election, underscoring the need for robust, renewable energy development and building up a strong pipeline for the next years. 💡   Stay tuned for further updates and results for future lease rounds! More insights available if you comment MORE, DM or email wind@esgian.com 📧 Included in image source: Bureau of Ocean Energy Management #OffshoreWind #RenewableEnergy #GulfOfMaine #CleanEnergy #Sustainability #EnergyTransition #ClimateAction #USWindMarket #WindEnergy #FutureOfEnergy #Election

Happy Monday   Recent activity in the offshore wind industry and one we want to highlight today is the Revolution Wind project in the USA:   - Monopile Installation - Two top sides installation Using the Bokalift 2 Boskalis Vessel which is actually now half way over the Atlantic heading back to Europe 🚢   More insights like this, as close to REAL TIME as possible, if you follow us, subscribe, or email wind@esgian.com #offshorewind #foundation #installation #updates #visualise #visualisation #offshorewindfarm #usa #windenergy

Happy Weekend! Here's some light reading, digesting all that's happened this week in Offshore Wind. If you want more information just get in touch via DM, comment MORE or email wind@esgian.com #offshorewind #offshorewindfarm #review #marketintelligence #marketanalysis #windenergy