News that South Korea aims to build the world’s largest offshore wind farm by 2030 follows moves by major exploration and production companies to establish a foothold in the nascent market.
Floating offshore wind
The floating offshore wind power market in Asia Pacific could offer investment opportunities worth up to $58 billion as a significant market for the technology is emerging, latest research from Wood Mackenzie shows.
A newly formed floating offshore wind company is planning to submit a bid for the ScotWind leasing round.
EDF Renewables aims to support the “further development” off floating offshore wind in the UK after it confirmed plans to deploy the technology in the North Sea.
Shell has signed an agreement to take on a majority stake in a planned floating wind farm off the south coast of Ireland.
Two of Europe's leading renewable energy developers have announced plans to team up in order to “unlock the potential” of floating offshore wind in Scotland.
A leading renewable energy expert has heralded 2020 as having been a “massive year” for the development of floating offshore wind.
A boss at Equinor has said the firm is hopeful of bringing floating offshore wind costs in line with those of bottom-fixed by the end of the decade.
Port of Cromarty Firth (PCF) aims to be at the heart of a jobs bonanza after signing a “letter of intent” to bring new renewable energy work to the north.
A Danish renewables developer has opened a new facility in Scotland aimed at speeding up the deployment and integration of floating offshore wind.
The floating offshore wind sector will have to overcome “huge” mobilisation challenges in order to get up and running, according to an industry expert.
Construction on what will be the world’s first floating offshore wind farm to power offshore oil and gas platforms has got underway.
The Highlands and Islands should capitalise on the “buzz” surrounding Scotland’s growing floating offshore wind sector, according to the region’s energy development chief.
French oil and gas giant Total has said its "strong industrial position" in Aberdeen has spurred its decision to move into the Scottish offshore wind market in the North Sea.