September 6, 2022
At a 131-year-old maritime academy along Buzzards Bay in Massachusetts, people who will build the nation’s first commercial-scale offshore wind farm are learning the skills to stay safe while working around turbines at sea. Some take to the tasks fairly …
March 29, 2022
Denmark’s Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world’s biggest offshore wind farm, to a French consortium for 3 billion pounds ($3.94 billion). The deal is …
July 27, 2021
Chubb has announced the launch of an insurance solution for offshore wind farms. Chubb’s Offshore Wind Farm policy has been developed to support green energy providers through the entire offshore wind farm process – from project inception through to energy …
June 15, 2021
The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive problem. Denmark’s Orsted A/S is working on a plan to send divers to the sea floor to place a cover over …
May 31, 2016
The Sompo group companies have launched a model for evaluating risks to onshore and offshore wind farms. The model, which provides key pricing and cat modeling data for insuring the construction and operation of wind turbines, was created by Sompo …
September 16, 2015
Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets. The insurer sees renewables as offering “long-term, bigger yields than from assets such as state bonds,” Chief Financial Officer …