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Renewable Energy Development News

07 Dec 2023

Hornbeck Offshore Discloses Revenue Growth in Its IPO Paperwork

(File photo: Hornbeck Offshore)

Marine transportation services provider Hornbeck Offshore on Thursday made public its paperwork for a stock market listing in New York, which showed its revenue rose in the three months ended September.The listing will test the appetite for another stock flotation at a time when green shoots in the U.S. IPO market have been overshadowed by the poor post-debut performances of some high-profile firms that listed recently.Hornbeck intends to list its shares on the New York Stock…

31 May 2023

Cyan, Taya in Offshore Wind Vessel Collab in Taiwan

Illustraton - Credit: Ulstein (file image)

Singapore-based Cyan Renewables said Wednesday it had signed a Memorandum of Understanding (MOU) to partner with Taiya Renewable Energy, a Taiwanese offshore wind farm development company. Under the MOU, Cyan and Taiya will collaborate to build vessel capacity, including CLV, FIV and WTIV vessels, and work together on deployment in Taiwan and other markets. The MOU also outlines partnerships on key infrastructure like offshore wind supply base, as well as working together to establish new local partnerships and strengthen governmental and industry-academia cooperation in Taiwan…

26 Apr 2023

BOEM Seeks Public Input on Possible Offshore Wind Development in Gulf of Maine

©BOEM

The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invited public comment on possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine.BOEM said the call represented an early step in the commercial planning and leasing process in the Gulf fo Maine, and the first required by BOEM regulations.“BOEM is committed to transparent, inclusive and data-driven processes, and public input is essential to helping us determine areas that may be suitable for offshore wind development in the Gulf of Maine,” said BOEM Director Elizabeth Klein.

06 Apr 2023

Interview: Jennifer Carpenter, AWO

Jennifer Carpenter (Photo: AWO)

Jennifer Carpenter has been president and CEO of The American Waterways Operators (AWO) in January 2020, but her time with the national trade association representing the inland and coastal tugboat, towboat and barge industry dates back to 1990. This month, she weighs in on top challenges and opportunities currently present in the industry, from difficult regulatory changes to the uptake of cleaner vessel technologies.What are some of the biggest and most important issues facing the tug, towboat and barge industry?Big picture, I feel like our industry has never been more relevant.

12 Jan 2023

Port of South Louisiana Buys Avondale Global Gateway

The Avondale Global Gateway is a logistics hub at site of the former Avondale Shipyard. (Photo: Port of South Louisiana)

The Port of South Louisiana (Port SL) said it has reached a deal with T. Parker Host to buy the Avondale Global Gateway, a logistics hub at site of the former Avondale Shipyard.The acquisition of this 254-acre facility at mile 108 of the Mississippi River will allow the port to be more competitive in traditional international trade and focus on the new frontier of renewable energy development, Port SL said.The purchase and sale agreement was announced Thursday by Port SL CEO Paul Matthews following unanimous approval from the port commission.

24 Aug 2022

Great Lakes Announces $107 Million in New Dredging Contracts

(File photo: Great Lakes Dredge & Dock Corporation)

The United States' largest dredging contractor Great Lakes Dredge & Dock Corporation on Wednesday announced the receipt of $107 million in new contract awards along the U.S. East Coast.The awarded dredging work includes: Norfolk Harbor Navigation Improvements Project (Capital, Virginia, $56.8 million), Charleston Lower Harbor Maintenance Dredging Project (Maintenance, South Carolina, $15.4 million), Tampa Harbor Maintenance Dredging 45-Foot Project (Maintenance, Florida, $13 million)…

05 May 2022

BOEM Environmental Review: No Significant Impact of Potential Offshore Wind Leasing in Area Off California

Credit: Studio-FI/AdobeStock (Cropped)

The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area, located 20 miles offshore northern California. Based on its analysis, BOEM has issued a finding of no significant impact (FONSI). “The completion of this Environmental Assessment represents an important step forward for ensuring that any future renewable energy development – should a lease sale occur -- is done in a responsible manner,” said BOEM Director Amanda Lefton.

16 Dec 2021

New York Bight Offshore Wind Leasing: No Significant Impact on Environment, BOEM Says

Credit: BOEM

The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of potential impacts from offshore wind energy leasing activities in the New York Bight, a portion of the Atlantic Ocean located offshore New York and New Jersey, and found no significant impact.The New York Bight WEAs are located in an area of shallow waters between Long Island (to the north and east) and the New Jersey coast (to the south and west)"The final Environmental Assessment (EA) assesses potential impacts from the issuance of leases within nearly 800…

02 Nov 2021

Maritime for the Win(d)

© Ian Dyball / Adobe Stock

With the recent announcement by Secretary Deb Haaland that the Department of Interior will potentially hold up to seven new offshore lease sales by 2025, the Biden administration has taken a significant step toward its goal of bringing online 30 gigawatts of offshore wind energy by 2030. This development is the latest indicator that close collaboration now between America’s offshore wind and maritime stakeholders holds the promise of lasting benefits for our nation’s energy future.

08 Jun 2021

US Explores Wind Energy Potential in Gulf of Mexico

©  Fokke / Adobe Stock

The Biden administration on Tuesday said it will explore the potential of offshore wind energy development in the Gulf of Mexico, part of its goal to supercharge growth in clean energy over the next decade."This is an important first step to see what role the Gulf may play in this exciting frontier,” Interior Secretary Deb Haaland said in a statement.While the Gulf of Mexico is a major hub for offshore oil and gas production, it has had little renewable energy development. President Joe Biden has made the expansion of clean energy…

16 Apr 2021

US Interior Dept Revokes Trump Energy Policies, Focuses on Climate

© Troy V Smith / Adobe Stock

The U.S. Interior Department on Friday sought to erase the Trump administration's pro-fossil fuels legacy from the nation's public lands by revoking a suite of policies that boosted drilling and mining and ordering that climate change be put at the forefront in future agency decisions.The moves come as the Democratic Biden administration moves rapidly to implement policies aimed at decarbonizing the U.S. economy by 2050.Republican former President Donald Trump, a vocal climate change skeptic…

01 Apr 2021

Ready Your Salad Fork for Biden’s Offshore Energy Plans

© shaunwilkinson / Adobe Stock

In Antony and Cleopatra, Shakespeare coined the phrase “salad days” to mean a youthful time filled with unbridled enthusiasm and idealism. Indeed, youth, much like salad, is often raw, flavorful and most of all… green. Therefore, it is fitting to think of our present time as the salad days of offshore energy in the United States. Let’s dig in.Executive Order appetizersOn January 27, President Biden took early steps to implement his campaign promise to transition the United States away from fossil fuels and invest in renewable energy…

17 Mar 2021

Interview: Jennifer Carpenter, AWO President & CEO

Jennifer Carpenter (Photo: AWO)

Jennifer Carpenter joined The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry, in August 1990 and became its president and CEO in January 2020. She weighs in on the unprecedented challenges encountered over the past year and addresses top priorities along the uncertain path ahead.The world has changed drastically in the year since you took the helm at AWO. How have priorities shifted, both…

03 Feb 2021

BOEM to Restart Permitting for Major US Offshore Wind Project

© Peterjohn Chisholm / Adobe Stock

The Biden administration said on Wednesday it would restart permitting for the first major U.S. offshore wind farm, reversing a Trump administration decision that canceled the process late last year.The U.S. Bureau of Ocean Energy Management (BOEM) said in a statement it would resume environmental review of the Vineyard Wind project as part of the administration's broad plan to speed renewable energy development on federal lands and waters."BOEM is committed to conducting a robust and timely review of the proposed project…

29 Jan 2021

Global Energy Group Gets Financial Boost for Port of Nigg Facility Expansion

Nigg from the air - credit Inverair Drone Services (via GEG)

Scottish regional development agency, Highlands and Islands Enterprise (HIE), has approved an investment of up to £8.3m in Scottish Government funding for an £18.9m project to develop the East Quay at Global Energy Group's Port of Nigg facility.The project is aimed at helping the Highlands and Islands economy benefit more from the growth in renewable energy development, as well as meeting the needs of GEG's existing clients.Once completed, the new facility is projected to bring…

29 Dec 2020

Sen. Schumer Calls for Offshore Wind Turbine Assembly Site to be Built in Brooklyn

Offshore wind farm (Illustration) Credit: magann/AdobeStock

U.S. Senator Charles Schumer on Monday joined Public Advocate Jumaane Williams, calling for a creation of a local offshore wind turbine assembly center at Sunset Park, Brooklyn, New York, and calling for the New York State Energy Research and Development Authority (NYSERDA) funding.According to a statement released by the Senator's office, the assembly site would position New York to play a significant role in the offshore wind supply chain, "which could create thousands of jobs…

21 Dec 2020

Edison Chouest Inks Deal for Battery-equipped PSV

Edison Chouest Offshore (ECO) has entered into a contract with an oil major to install battery systems aboard one of its Jones Act platform supply vessels (PSV), the U.S.-based shipowner announced Monday. With the long-term deal in hand, ECO said it is working alongside its affiliate Marine Technologies to install the battery-on-board (BoB) system aboard one of its ECO 312-foot Class PSVs, with options for additional systems.ECO has become the latest owner active in the U.S. Gulf of Mexico to turn to greener battery power solutions as market demand for fuel-saving and emissions-reducing technologies continues to grow in the U.S. and abroad.

11 Feb 2020

USA Ups BOEM Offshore Wind Budget

The Trump Administration has proposed a $189m fiscal year 2021 budget for the Bureau of Ocean Energy Management (BOEM), designating just under $27m for offshore wind.The FY 2021 budget includes approximately $26.5 million to advance offshore renewable energy development.In recognition of the role renewable energy can play in securing the Nation’s energy independence and supporting economic growth, BOEM continues to advance renewable energy through its leasing program and streamlining its permitting and National Environmental Policy Act (NEPA) processes.In addition, the proposed budget increases BOEM’s capacity to undertake research activities and foster stakeholder engagement.According to a press note from BOEM…

26 Nov 2018

Damen: New Fast Crew Supplier for US Market

(Image: Damen)

Damen Shipyards Group has unveiled a new vessel design geared toward the developing offshore wind market in North America: the Fast Crew Supplier (FCS) 3410 service accommodation and transfer vessel (SATV).The new design builds on Damen designs that have been proven in the European renewables market. The main premise is the patented Damen Twin Axe bow design, which combines the Axe Bow with a catamaran hull to allow the vessel to cut through waves instead of slamming, thereby improving seakeeping and onboard comfort.

09 Nov 2018

New York Seeks 800 MW Offshore Wind

Newly re-elected Governor Andrew M. Cuomo issued a comprehensive solicitation seeking 800 megawatts or more of new offshore wind projects for New York.According to a press release issued by New York State Energy Research and Development Authority (NYSERDA) he state's first offshore wind procurement is moving rapidly. Bids due to land in February 2019. Awards for projects will be made in spring 2019 in time to "take advantage of expiring federal tax credits".This highly anticipated first offering kicks-off competition for New York State's first large-scale offshore wind development contracts, an initial step toward its goal of 2,400 megawatts…

04 Oct 2016

Energy Action Month Reinforces Navy's Energy Resiliency

Through a presidential proclamation, October has been designated as Energy Action Month to stress the importance of energy for our nation's economic vitality today and for a sustainable future. The Department of Navy's Energy Action Month theme for 2016 is "Power. Presence." This theme illustrates the strong connection between the Navy and Marine Corps' wise use of energy and our ability to be when and where we're needed for national security and humanitarian assistance missions worldwide. In honor of Energy Action Month, naval commands and organizations are demonstrating their commitment to energy resiliency by reducing energy consumption and promoting awareness of energy as an enabler of combat capability.

24 Sep 2015

US to Sell Offshore Leases for New Jersey Wind Farms

As part of President Obama’s Climate Action Plan to develop domestic clean energy resources, cut carbon pollution and create American jobs, U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that 343,833 acres offshore New Jersey will be offered for commercial wind energy development in a competitive lease sale on November 9, 2015. If fully developed, the New Jersey Wind Energy Area could support at least 3,400 megawatts of commercial wind generation, enough to power an estimated 1.2 million homes, according to the Department of Energy’s National Renewable Energy Laboratory.

26 Jun 2015

Maritime Ireland Comes of Age

Even though the struggle for independence from Britain finally resulted in Ireland being declared “a sovereign, independent, democratic state” in 1937 there was little interest being shown in the maritime affairs of the country. This, despite Ireland being seen as having opportunities to derive added value from its vast marine resources. Up until a few years ago, sporadic endeavors failed to achieve optimum economic benefits. Ireland’s ambition to create a maritime cluster gathered momentum only during the last few years. It began with the introduction of the tonnage tax regime in 2003. This made Ireland an attractive destination for shipping. The immediate effect was that it reversed the trend of Irish shipping companies flagging out to foreign registries.