Late 2023 brought a sense of realism to what had been the highly optimistic US offshore wind sector which had hoped to bring 30 gW of power, almost all in Atlantic waters, online by 2030 (30 by 30).
Under a swap deal, Equinor is set to take full ownership of the Empire Wind lease and projects while BP will take full...
Empire Offshore Wind, a joint venture between Norwegian state company, Equinor, and energy major bp, have pulled out of a wind...
Japanese engineering giant Toyo Construction has placed a major order with Vard, a Fincantieri subsidiary, for a $200 million+...
The nascent US offshore wind business continues to see fallout from the inflationary pressures which have emerged over the past year in the States.
NY offshore wind faces obstacles: Gov. Hochul's veto, Equinor's Empire Wind project, and environmental concerns.
The US Government and federal agencies are resolute in their support for the offshore wind sector, despite a series of recent setbacks.
