Items Tagged with 'Orsted'

DC federal court revokes December stop-work order Jan. 12 for $6B Revolution Wind project in New England, while set to hear case Jan. 14 for same action on $5B project in NY—with Jan.16 hearing in US court in Virginia to restart that state's giant $11B project.

Work halt on nearly complete $6-billion union construction project would cause “irreparable harm,” D.C. judge said, as Canada propels effort to develop its offshore wind market, which could send power to the U.S. 

Government has reportedly received six bids for the next roughly 3-GW wave of development, set to commission in 2029, with Denmark builder among them.

The Danish offshore wind developer reduced its 2030 renewable energy capacity goal from 50 GW to 35-38 GW.

First installed turbine at the 132-GW South Fork project off the New York coast has now sent wind energy to the state grid, with first power flow also imminent at the 800-MW Vineyard Wind project off Massachusetts and other state projects pushing past ongoing constraints.

Major wind developer, and others that include giant Equinor, predict millions in writedowns as first projects face tough economics, but proponents see a solid market that needs government attention to current obstacles.

Cost bumps in U.S. offshore wind power construction are causing new impacts to projects and developers, but recent actions by some traditional energy sector firms indicate continuing commitment to a transition to renewables.

Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments

The utility-scale projects—the 800-MW, estimated $3-billion Vineyard Wind project off Massachusetts and the 132-MW, estimated $637-million South Fork project off New York—could begin to generate power this year, their developers say.

Acciona Construccíon S.A., Ferrovial S.A. and Bouygues Travaux Publics are among industry firms looking for international synergies in developing floating offshore wind projects in Spanish waters.