DNV is performing due diligence to enable the financing of eight offshore wind projects on the United States’ Atlantic Coast. The announcement follows news from DNV’s Energy Transition Outlook 2024 report, which forecasts that about 10 GW of fixed offshore wind is set to be installed in the U.S. between 2040 and 2050. While the … Continue reading DNV tapped to help lenders and investors assess USD 40 billion worth of U.S. offshore wind projects
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DNV leads wind energy development with industry standard for next generation blades
The improved rotor blade certification standard was updated through a long-term joint industry project (JIP) to reflect the latest needs of wind turbine owners and manufacturers to ensure safe and reliable rotor blades DNV, the independent energy expert and assurance provider, has led an innovative initiative resulting in the revision of the DNV-ST-0376 rotor blade … Continue reading DNV leads wind energy development with industry standard for next generation blades
Continue readingChina to reach 5.5 TW of photovoltaic by 2050
China is set to reach 5.5 TW of photovoltaic by 2050, according to forecasts by Norwegian risk-assessment specialist DNV in its latest report, “Energy Transition Outlook China 2024.” DNV forecasts that PV in China will account for 38% of electricity production by 2050, up from 5% today, and that more than a third of solar … Continue reading China to reach 5.5 TW of photovoltaic by 2050
Continue readingDNV to verify substation of Equinor’s Bandibuli/Firely floating wind farm in South Korea
DNV has been selected by Equinor to provide verification services for FEED (Front End Engineering and Design) of the substation of the Bandibuli/Firefly floating wind farm. The wind farm comprises two 75 km2 areas, 70 km offshore Ulsan in South Korea. DNV will leverage its verification services and expertise within offshore substations and floating structures … Continue reading DNV to verify substation of Equinor’s Bandibuli/Firely floating wind farm in South Korea
Continue readingDNV stresses need for offshore wind standardization at WindEurope Bilbao
DNV, the independent energy expert and assurance provider, is calling for deeper industry collaboration to develop robust offshore wind standards, ahead of the WindEurope conference in Bilbao. Highlighting findings from the latest Energy Transition Outlook — which forecasts wind power as Europe’s primary renewable energy source by 2050, contributing to 43% of total electricity generation … Continue reading DNV stresses need for offshore wind standardization at WindEurope Bilbao
Continue readingDNV pilot paves way to a more sustainable wind turbine decommissioning
DNV, the independent assurance and risk management provider, has successfully run a pilot that uses a new digital service to increase the sustainability of wind turbine decommissioning. ReWind automatically generates a decommissioning plan, such as where and how the blades can be recycled, based on data provided by the user. The pilot ran from June … Continue reading DNV pilot paves way to a more sustainable wind turbine decommissioning
Continue readingDNV updates standard used for marine operations for offshore wind, subsea cables and oil and gas assets
DNV has published a substantial revision to the ‘go-to standard’, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets. The new major changes reflect the changing nature of the offshore industry in line with its support of the … Continue reading DNV updates standard used for marine operations for offshore wind, subsea cables and oil and gas assets
Continue readingDNV contracted by Ørsted and PGE to certify Baltica 2 offshore wind farm in Poland
DNV has been contracted by Ørsted and PGE to certify Baltica 2 offshore wind farm in Poland. The project, located in the Polish part of the Baltic Sea, is set to contribute significantly to Poland’s green energy transition, accelerate the development of the local supply chain and spur economic activity for many years to come. … Continue reading DNV contracted by Ørsted and PGE to certify Baltica 2 offshore wind farm in Poland
Continue readingDNV concludes Phase 1 of joint industry project to optimize design of floating substations
DNV has successfully concluded Phase 1 of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector. The collaborative industry effort has brought together 38 participating companies (including transmission operators, developers, component suppliers, Engineering, Procurement, Construction and Installation contractors, and yards) to tackle the distinctive challenges associated with … Continue reading DNV concludes Phase 1 of joint industry project to optimize design of floating substations
Continue readingFloating Offshore Wind
Commercializing with confidence. The next phase of the energy transition demands committed implementation of new technologies. Floating offshore wind is opening new possibilities for wind power locations and will play a critical role in the transition to a cleaner energy supply, contributing significantly to an increase in offshore wind power. According to DNV, the technology … Continue reading Floating Offshore Wind
Continue readingDNV wins contract to certify new Polish offshore wind farms
Independent energy expert and assurance provider DNV has been awarded a contract by the Equinor and Polenergia S.A. owned joint ventures, MFW Ba?tyk II sp. z o.o. and MFW Ba?tyk III sp. z o.o for the certification of the Baltyk II and Baltyk III offshore wind farms. The projects, located in the Polish exclusive economic … Continue reading DNV wins contract to certify new Polish offshore wind farms
Continue readingMOU finalized to grow offshore wind power in Vietnam
A Memorandum of Understanding to deliver one of Vietnam’s first offshore wind power assets has been signed by DNV, IE, and PTSC M&C. With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power development is considered one of the workable options for Vietnam’s energy transition. The MOU is expected to promote … Continue reading MOU finalized to grow offshore wind power in Vietnam
Continue readingDNV forecasts oil demand in transport sector to half by 2050
Transport sector will be revolutionized by electrification but increase its share of overall emissions. Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1% today to 23% in 2050, according to DNV’s latest Transport in Transition report. DNV’s … Continue reading DNV forecasts oil demand in transport sector to half by 2050
Continue readingDNV launches new joint industry project to tackle earthquake challenges for wind farms
DNV has started a new joint industry project (JIP) to increase certainty in the design process for wind farms challenged by earthquakes. The so called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) JIP and will deeply investigate issues related to earthquakes which was not conducted in the first project. … Continue reading DNV launches new joint industry project to tackle earthquake challenges for wind farms
Continue readingDNV publishes world’s first certification guidance for energy islands and offshore wind farms in Poland
DNV has published an important update of its comprehensive service specification for project certification, DNV-SE-0190. The new edition is the world’s first document which addresses the certification of energy islands and offshore wind farms in Poland. Poland is planning impressively rapid growth in offshore wind and has recently published the Polish Maritime Safety Act which … Continue reading DNV publishes world’s first certification guidance for energy islands and offshore wind farms in Poland
Continue readingWind farm has the potential to optimize wind turbine performance
Wind farm control technology has the potential to optimize turbine performance and increase renewables energy production. DNV, the independent energy expert and assurance provider, has launched a joint industry project (JIP) alongside wind farm owners, turbine manufacturers, as well as other sector experts, to increase confidence in innovative wind farm control (WFC) technology. WFC covers … Continue reading Wind farm has the potential to optimize wind turbine performance
Continue readingDNV and PETROJET sign MoU to support green hydrogen projects in Egypt
DNV, the global independent energy expert and assurance provider, signed a memorandum of understanding (MoU) with PETROJET, a leading regional Engineering-Procurement-Construction (EPC) contractor, to strengthen their collaboration for the energy transition in Egypt through the development of green hydrogen and its derivatives (including ammonia). The MoU aims to scope areas in which DNV can … Continue reading DNV and PETROJET sign MoU to support green hydrogen projects in Egypt
Continue readingJurong Island ESS advances Singapore’s ambitions for energy storage
DNV played a key role in commissioning South-East Asia’s largest energy storage system (ESS) as technical advisor. The independent energy expert and assurance provider DNV has acted as the advisor for the commissioning of the energy storage system (ESS) developed by Sembcorp Industries on Singapore’s Jurong Island. DNV ensured the completeness and proper execution of … Continue reading Jurong Island ESS advances Singapore’s ambitions for energy storage
Continue readingDNV study shows high offshore hydrogen infrastructure potential for Europe
Offshore hydrogen production is paramount to meet the substantial increase expected in European hydrogen demand, as hydrogen is due to play a significant role as a low-carbon energy carrier – not only to decarbonize hard-to-abate sectors, but also to boost security of energy supply in Europe. The “Specification of a European Offshore Hydrogen Backbone” study, … Continue reading DNV study shows high offshore hydrogen infrastructure potential for Europe
Continue readingDNV embarks on a project to support KEPCO to bring offshore wind power to South Korea
DNV will support the development of an optimal design and network routing plan for integrating large-scale offshore wind into the power grid. DNV will also study how to minimize renewables integration costs. DNV, the independent energy expert and assurance provider, is assisting KEPCO (Korea Electric Power Corporation) Research Institute in the development of a long-term … Continue reading DNV embarks on a project to support KEPCO to bring offshore wind power to South Korea
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