Floating Wind Power Gains Traction But Can It Set Sail?
expectation is that it will sell power at a higher price than fixed-foundation offshore wind for several years while it industrialises and gets to a point where it can compete on a like-for-like basis," said Jonathan Cole, chief executive of Corio Generation, part of Macquarie's MQG.AX Green Investment Group. OFFSHORE PLANS Norway's Equinor kick-started the floating wind industry after two of its oil and gas engineers saw a marker buoy they thought could be a structure to hold a floating turbine. The company installed a pilot floating turbine in 2009 and has seen costs fall by 70%
PanGeo Subsea Delivers Sub Bottom Imager for Formosa 2 Depth of Burial Survey
one of the region’s largest offshore wind farms. Expected to commence April 2021, the surveys will see the SBI image the cables to a depth greater than 1.5m burial depth while the SBI is mobilized onto an ROV for the duration of operations. Jointly developed by JERA (49%), Macquarie's Green Investment Group (26%) and Swancor Renewable Energy (25%), Formosa 2 offshore wind project is located between four and ten nautical miles off Miaoli County, with 376 MW installed capacity. There will be 47 Siemens 8 MW turbines on jacket foundations installed in up to 55m water depth. “We are excited
Rovco, CWind Wrap First Phase of East Anglia ONE Subsea Inspection Works
714MW of electricity, first delivered power to the UK grid in early September 2019. All 102 turbines are now installed and the wind farm was fully commissioned in July 2020CWind, part of the Global Marine Group, was awarded a multi-year framework from ScottishPower Renewables and Macquarie's Green Investment Group to manage the subsea inspection services, including subsea maintenance, surveys and corrective maintenance planning, as well as pre-engineering studies at the offshore wind farm.Rovco, led by CWind, began work in July 2020 – using a combination of DPII SOV with its Seaeye Leopard Work-Class
ORE Catapult's Floating Wind Center Attracts Leading Offshore Energy Players
(FOWCoE) to drive forward the development of next-generation offshore wind technologies.Offshore wind developers EDF Renewables, EDP Renewables, Equinor, ESB, Mainstream Renewable Power, ScottishPower Renewables, SSE Renewables, and Offshore Wind Power Ltd (OWPL), a Joint Venture between the Green Investment Group and RIDG, are joined by energy companies Total and Shell in the Centre of Excellence.ORE's floating offshore wind center will focus on all areas of floating wind activity in the UK across four key workstreams – technology development, supply chain and operations, development and
CWind Taps Rovco for East Anglia ONE Offshore Wind Farm Work
CWind for subsea work on the East Anglia ONE offshore wind project.The Rovco team will carry out a campaign of subsea inspection and survey work on all subsea structures, informing the maintenance of the wind turbine and substation foundations. ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) said last Wednesday that all of the 102 offshore wind turbines were installed on the East Anglia ONE offshore windfarm.As for the financial value of the Rovco contract, Rovco said the contract was a "multi-million-pound" one. All Turbines Installed at East Anglia ONE
Formosa 1 OWP Deploys RSL O&M
from shore of Miaoli in the Taiwan Strait. Phase 1 has operated commercially since 2017, with a capacity of 8 MW.The phase 2 has been completed with an additional capacity of 120 MW. The Formosa 1 project is currently a joint venture project of Ørsted (35%), JERA (32.5%), Macquarie's Green Investment Group(25 %) and Swancor Holding. (7.5%).Renewable Strategy Limited (RSL) is an offshore wind and wind software solutions, training and advisory firm, with emphasis on systematic solutions, data integrity, asset integrity management and operations and maintenance insights
Race Bank Offshore Wind Farm Officially Opens
6 MW wind turbines. Many of these turbines feature the first blades to be manufactured at the Siemens Gamesa blade factory in Hull.Race Bank is owned by Ørsted (50 percent), Macquarie European Infrastructure Fund 5 (25 percent), Sumitomo Corporation (12.5 percent) and funds advised by the Green Investment Group, Arjun Infrastructure Partners and Gravis Capital Management (12.5 percent) and operated from Ørsted’s East Coast Hub in Grimsby, the U.K.’s largest offshore wind Operations and Maintenance (O&M) base.The project features a new way of carrying out offshore maintenance
February 2025
