News
Norway signs Sørlige Nordsjø 2 contract
Parkwind and the Ingka Group’s JV to develop the fixed bottom offshore wind scheme. Norwegian Energy Minister Terje Aasland and the leadership of Ventyr Nordsjø 2 have signed a contract to develop the Sørlige Nordsjø 2 project, the first major offshore wind scheme on the Norwegian continental shelf. Parkwind and the Ingka Group’s JV […]
The Ocean Charger project enables vessel charging at offshore wind parks
Vard Design has led the work together with sister companies Seaonics and Vard Electro. Charging tests in port as well as testing of the offshore connection solution have demonstrated that the Ocean Charger is an important step towards delivering zero emission ships to the wind industry. By connecting vessels to the power grid in […]
Greek steel company to execute Norway-led European floating offshore wind projects
Moreld Ocean Wind AS and Lykomitros Steel SA has signed a MOU in Athens, aiming to win floating offshore wind projects in Europe together. Wolfgang Wandl, CEO of Moreld Ocean Wind AS, and Christos Lykomitros, CEO of Lykomitros Steel SA, formally signed the Memorandum of Understanding during a Visit NOW organized by Norwegian Offshore […]
Joint Declaration on cooperation to secure critical subsea infrastructure
Norway and five other North Sea countries have signed a joint declaration on cooperation to protect energy and telecommunications infrastructure in the North Sea. ‘We have a common interest with our neighbors around the North Sea basin to secure critical infrastructure. This is essential both for energy security and resilience, and to ensure the […]
Optimism prevails in the global energy sector despite threat of political uncertainty, DNV report finds
DNV reveals a resilient optimism within the energy sector, despite prevailing caution. According to DNV’s annual Industry Insight survey, 73% of senior energy professionals express confidence in the industry’s growth trajectory for the upcoming year, a figure that has remained steady at around 74% since 2022, reflecting a resolute stance amid turbulence. Positive sentiment […]
Research predicts that the long-duration energy storage market will reach US$223 billion in the next 20 years
According to estimates by the research firm IDTechEx, by the middle of this century, renewable energy sources such as solar power and wind power will increasingly become the world’s main source of electricity. Due to the variability in electricity generation provided by renewable energy sources, energy storage systems are needed to ensure a stable, balanced […]