Vicinay Marine’s Post

Read about developments in the APAC Offshore Market.

In a forum presented by Buhawind Energy Philippines (BEP) of PetroGreen Energy Corporation (PetroEnergy Resources Corporation) and Copenhagen Energy, the Department of Energy Philippines, Provincial Government of Ilocos Norte, Embassy of Denmark in Manila (The Trade Council of Denmark in the Philippines), and Mapúa University, key stakeholders advocate for sustained collaboration between public and private organizations to prepare the local workforce for offshore wind power projects in Northern Luzon. Experts from Ilocos Norte Trade and Investment Promotions Office, TESDA: Technical Education and Skills Development Authority Region I, Mariano Marcos State University, Global Wind Energy Council (GWEC), and Mitsui O.S.K. Lines, Ltd. shared their insights on how key movers in the industry can help in ensuring that local professionals and skilled workers will benefit from these renewable energy projects. #offshorewind #renewableenergy #workforcedevelopment

The 𝗞𝗼𝗿𝗲𝗮𝗻 𝗪𝗶𝗻𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 (𝗞𝗪𝗘𝗜𝗔) plays a pivotal role in advancing wind power energy throughout Korea and fostering collaboration among wind-related companies. As one of the largest associations in Korea dedicated to wind energy, KWEIA's primary objective is to strengthen the wind power sector's growth and development by facilitating networking opportunities and fostering partnerships within the industry. Youngbeom Kang, Country Managing Director at JUMBO Consulting Group Korea, expressed enthusiasm about joining KWEIA, stating, “JUMBO Consulting Group recognizes KWEIA's pivotal role in advancing Korea's wind energy sector and has joined the association to leverage its network and expertise. We view our membership in KWEIA as a chance to contribute our expertise in contract and procurement, as well as training and education in renewable energy while staying informed about trends, policies, and initiatives. Through our membership, we intend to actively participate in KWEIA's committees and activities, supporting initiatives focused on workforce development, capacity building, and educational programs. 𝗪𝗲 𝗮𝗿𝗲 𝗰𝗼𝗺𝗺𝗶𝘁𝘁𝗲𝗱 𝘁𝗼 𝘀𝗵𝗮𝗿𝗶𝗻𝗴 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗯𝗲𝘀𝘁 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗲𝘀, 𝗮𝗻𝗱 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝘄𝗶𝘁𝗵𝗶𝗻 𝘁𝗵𝗲 𝗞𝗼𝗿𝗲𝗮𝗻 𝘄𝗶𝗻𝗱 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝗲𝗰𝘁𝗼𝗿.” #JUMBOconsultinggroup #makingcomplexitysimple #Korea #KWEIA #KoreanWindEnergyIndustryAssociation #solutionsprovider #offshorewind

Competitive investor selection has been key to the evolution and success of some of the largest offshore wind markets including in the UK, Taiwan and Japan. However, tailoring the competitive selection process to individual country frameworks and needs is essential. Pioneer International Consulting has been pleased to work with the Global Wind Energy Council (GWEC) and OWC on assessing which competitive selection processes could work in Vietnam as the country looks to develop up to 91.5 GW of offshore wind by 2050. Speaking at a recent workshop hosted by the Global Wind Energy Council (GWEC) and the Vietnam Energy Partnership Group (VEPG) in Hanoi, Denzel Eades, Managing Director of Pioneer International Consulting said: “It is first necessary to look at existing models for competitive selection in Vietnam. Understanding how these can apply to the development of the preferred two stage model is key. Existing frameworks can be expected to form the basis for near term competitive selection in the country’s offshore wind market.” Thanks to Riccardo Felici, Juan Frías, Mark Hutchinson, Bui Vinh Thang, Sven Ernedal and Esther Fang Wen for the workshop. https://lnkd.in/g-rhQT3a

🌍 Estonia is quickly establishing itself as a key player in offshore wind energy, with major projects and infrastructure developments creating exciting opportunities for international investors. One standout initiative is the Saare 2.1 wind farm, led by Deep Wind Offshore, aiming to generate 1.5 GW of renewable energy, nearly meeting Estonia’s entire peak electricity demand. Alongside this, Enefit’s 2 GW project in the Gulf of Riga further expands the country's renewable capacity. Supporting these efforts is a €53 million investment in the Port of Tallinn, making it a central hub for offshore wind development in the Baltic region. These projects not only enhance Estonia's energy security but also create high-paying jobs and contribute to its sustainability goals. As Estonia moves towards green energy leadership, now is the time for investors to explore its growing offshore wind sector. ➡️ Read the full story on "Offshore Wind Energy Opportunities in Estonia" in our latest blog (link in comments). #OffshoreWind #RenewableEnergy #Estonia #OffshoreIndustry #Sustainability

✨ Taiwan's Largest Wind Energy Event! Don't miss the Wind Energy Taiwan & Taiwan Offshore Wind Competitiveness Forum ✨ 💯 The Wind Energy Taiwan has grown by 11%, attracting nearly 70 developers from around the world and featuring the most comprehensive supply chain manufacturers! Taiwan boasts world-class wind resources for offshore wind power development, and Wind Energy Taiwan remains the largest wind energy event in the country. This year, it has reached a new high with over 266 exhibition booths! Key developers like Ørsted, #CIP, 風睿能源 Synera Renewable Energy, 達德能源 wpd Taiwan , BlueFloat Energy, and 森崴能源股份有限公司 are participating, alongside a vast supply chain that includes global and local leaders such as Dong Fang Offshore 東方風能 (DFO)), Shihlin Electric,   大同, #HitachiEnergyTaiwan , 華城電機股份有限公司 Fortune Electric (Fortune Electric Co.,Ltd) , #CDWE, and Fred. Olsen Windcarrier 🌟. 🌏 The key platform for fostering international cooperation 🤝 Whether it's offshore or onshore wind energy, Wind Energy Taiwan brings together global and local wind energy developers and supply chain companies to showcase the latest technological breakthroughs and market applications. This event highlights the immense potential of Taiwan's wind energy industry📈, while partners from all sectors collaborate to demonstrate their commitment to advancing Taiwan's wind energy development💚, driving continuous growth in the industry! 📣 Braving the storm! The Taiwan Offshore Wind Competitiveness Forum attracted nearly 500 participants online! 📍 GESA Wind Energy Committee Vice Chairman, Chen Polin Chen, emphasized that maintaining long-term supply chain stability and enhancing competitiveness will be crucial for the continued growth of Taiwan's offshore wind power industry. 📍 European Chamber of Commerce Taiwan Low Carbon Initiative Chair, H Henry Chang, expressed hopes to continue exploring innovative technologies and deepening cooperation with Taiwan's supply chain, shaping a more sustainable future for the country. 📍 Chung-Hsien Chen, Director of Energy Administration, MOEA, looks forward to collaborating with global wind power developers to advance renewable energy solutions and accelerate progress towards Taiwan's 2050 offshore wind power installation target of 40-55 GW.    #EnergyTaiwan2024 #NetZeroTaiwan2024 

Nordex Business Day Balkans The Balkan wind markets are gaining momentum as the Balkan States demonstrate their commitment to increasing renewable energy within their energy mix through auctions and ambitious targets. To share our vision on driving this growth, the Nordex Group is hosting the Nordex Business Day Balkans on 24 October with around 100 guests expected to attend in Belgrade, Serbia. Following an introduction by Jose Luis Blanco, CEO of the Nordex Group, and Anne-Catherine de Tourtier, Vice President Region Mediterranean, and Vladimir Kolarevic, Managing Director Serbia, the event aims to provide an opportunity to discuss with experts, developers, customers and financial partners the latest developments, best-suited products, opportunities, and requirements in a region that is expected to experience significant growth over the next few years. Nordex has made major advancements in the regional renewable energy sector since entering the Serbian market in 2021. Having just recently won its third major project in Serbia, the company is set to install a total capacity of 355 MW in the country by 2025. Nordex' increasing activities in the region are further highlighted by its market leader position in Croatia, with more than 600 MW sold, and its selection as the preferred supplier for a 55 MW project in Montenegro. These represent just some of many steps the Nordex Group is taking to actively drive the transition to renewable energy in the Balkans. #TeamNordex #GreenEnergyTransition #Wind #Balkans

PNE AG, the German powerhouse in renewable energy, is making waves with its ambitious plan to invest USD 4.6 billion in an offshore wind project in Vietnam. This development not only highlights Vietnam's commitment to sustainable energy but also signifies a broader trend where countries are recognising the immense potential of offshore wind as a key driver for energy transition. As seen in Europe, where countries like Germany and the UK have made remarkable advancements in offshore wind capacity, Vietnam stands on the cusp of transforming its energy landscape. The envisaged project is expected to bring with it a myriad of opportunities—from job creation to technological advancements. As professionals in the renewable energy sector, we understand the ripple effect that large-scale projects can have on local economies and communities. This investment is a perfect reminder of how collaboration across borders can lead to innovative solutions and substantial growth in the clean energy sector. What are your thoughts on the role of offshore wind in emerging markets like Vietnam? How can the industry support these developments to ensure a sustainable future? 🌍 Let’s engage in this important conversation, share experiences, and explore how we can collectively advance the offshore wind sector. Read more about this exciting development here: https://lnkd.in/dmVdJetj

[SAVE THE DATE]    We are delighted to invite you to join our virtual report launch webinar titled "Navigating the Transition to Net-zero Emissions in Southeast Asia - Energy Security, the Role of Gaseous Energy Carriers and Renewables-based Electrification"  held on 11 June, 15.00 – 16.00 (ICT)/10.00 - 11.00 (CEST)    As renewable energy is gaining traction in the region and green hydrogen appears increasingly accessible, SEA countries can accelerate their transition to net-zero emissions and benefit from these developments.  In this webinar, the CASE team presents opportunities and challenges in shifting the energy sectors of Indonesia, Viet Nam, the Philippines, and Thailand to largely decarbonised systems. We particularly compare the role of electrification and gaseous energy carriers such as hydrogen in this transition, and discuss, how different choices impact the energy security of the countries.     Sign up now: https://lnkd.in/g5kFgKT5    #CASEforSEA | #energytransition #southeastasia | #naturalgas  #NewClimateInstitute #Agora #Energiewende

In a transformative move, PetroGreen Energy Corporation (PGEC) and Copenhagen Energy (CE) are set to establish Ilocos Norte's first offshore wind farm as part of the North Luzon Offshore Power Project (NLOWPP), spanning the coastal towns of Burgos, Bangui, and Pagudpud. This project aims to solid the province's status the “Renewable Energy Capital of Southeast Asia,” with a capacity to generate 1,500 to 2,000 MW of clean energy for the Luzon grid through approximately 100 floating wind turbines, each capable of 15 to 18 megawat, expected to begin operations by 2030. Following fruitful discussions with Governor Matthew Marcos Manotoc, PGEC has garnered support from the Provincial Government in the project's feasibility and environmental assessments while also planning Corporate Social Responsibility initiatives as We Power CARE and We Power HELP to uplift local communities. Under Gov. Manotoc's leadership, Ilocos Norte aims to attract further renewable energy investments to enhance energy accessibility, lower electricity rates, and create jobs for local workforce, with PGEC leading the charge as a renewable energy pioneer in the Philippines. #petrogreenenergycorporation #PGIN #IlocosNorte #WePowerCAREandWePowerHELP FULL STORY: https://lnkd.in/gykFQKsY