GCube to use Renew Risk’s cutting-edge catastrophe risk model software for offshore wind assets to offer more tailored and competitive pricing Renew Risk’s ground-breaking models consider a broad ...
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ...
These are not isolated cancellations. They reflect a broader trend of mounting financial and operational pressures across the offshore wind sector. So, what do all these cancellations have in common?
To meet the White House’s mandates for offshore wind, the Interior Department will have to accelerate its pace in assessing projects. The offshore wind industry is hoping for new momentum in 2024 to ...
Ocean Wind 1 had been planned with an 1,100-MW capacity using GE Haliade-X turbines off the coast of New Jersey, before developer Orsted canceled the project Oct. 31. Danish energy developer Orsted ...