Stockholm-based Hexicon AB has clinched 15 years of revenue support from the UK Government, based on a Contract for Difference (CfD) structure, for its TwinHub floating wind project in the UK’s Celtic Sea.

Boskalis recently opened a new office to support the rapidly developing US offshore wind market along the east coast.

As the price of gasoline has surged to $5.00/gallon, energy matters have become front page stories in all corners of the US media landscape.

Florida-based Crowley Maritime and Denmark’s Esvagt have signed joint venture agreements to support purpose-built Jones Act vessel development and availability for US offshore wind production.

Global offshore wind developer Corio Generation is to build five new turbine projects offshore Brazil.

BP and Equinor have announced a new partnership to create an innovation hub at their New York offshore wind hub.

The line-up of wind energy projects in waters off the US East Coast grew this week as the Bureau of Ocean Energy Management (BOEM) announced its intention to begin an environmental review of the MarWin project.

“A modern-day gold rush” is how the potential for wind energy development of the coast of California - the site of a previous gold rush, circa 1849 - was described by one trade association, the Business Network for Offshore Wind.

Menon Economics, an Oslo consultancy, has forecast that floating offshore wind could create more than 50,000 new jobs and win a 5-14% share of the global floating market by the middle of the century.

The mantra “30 by 30” —30 gW of electricity generated from offshore wind by 2030—continues to provide tangible benefits in the form of new orders for shipyards.