OMNI Features｜Global Offshore Wind to Rebound in 2025．'World's First' Biomethanol-Powered CTV Delivered to N-O-S, Chartered by Vestas．Macquarie Halts Offshore Wind Company Sale Due to Lack of Interest

｜Global Offshore Wind to Rebound in 2025
According to Rystad Energy, the global offshore wind industry is expected to add 19 GW to its capacity in 2025, recovering from a slowdown the previous year's 8 GW－2 GW lower than the year prior.

The capacity additions projected this year, with sector-wide expenditure projected to hit $80b. With this increase, total additions will exceed the previous peak in 2021.The increase is fuelled by a record wave of lease auctions, with the world's largest offshore wind market, Mainland China, accounting for 65% of new capacity.

However, Rystad warned that there is still uncertainty in lease agreements — the long-term contracts between landowners and wind-energy companies. Whilst 55 GW of offshore wind capacity was offered in lease auctions globally (excluding Mainland China) in 2024, not all have been awarded. Despite 2024's record offerings, lease auction openings are projected to decline in 2025, with an expected 30 GW to 40 GW available.

｜'World's First' Biomethanol-Powered CTV Delivered to N-O-S, Chartered by Vestas
Northern Offshore Services (N-O-S) has taken delivery of a crew transfer vessel (CTV) converted to run entirely on biomethanol , which Vestas has chartered. According to N-O-S, this marked the world's first 100 per cent biomethanol-powered CTV.

N-O-S and Vestas began cooperating in 2022, and the two companies signed a 5-year contract. N-O-S designed and developed the vessel "Transporter" as a conversion from A-Class to T-Class. The 25-metre-long CTV has 24 pax seating and is specially designed for fast and reliable transfer of technicians and light cargo.

｜Macquarie Halts Offshore Wind Company Sale Due to Lack of Market Interest
According to Reuter, Australia's Macquarie has cancelled the sale of offshore wind power developer Corio Generation, due to lack of interest and amid opposition against the renewable energy source by the Trump administration. Furthermore, the decision comes as dealmaking has been shuttered by the global tariff war that has roiled markets.

Macquarie last year started to find a buyer for Corio Generation, which oversees 25 GW pipeline of offshore wind projects spanning Europe, Asia-Pacific, and the Americas. Most of Corio's projects are in development phase and need billions of dollars in investments to become operational.

Reuters pointed out that the offshore wind market has become increasingly challenging with many projects having to be revaluated due to rocketing construction costs, higher interest rates and supply chain snags.

Reference:asianpower｜offshorewind.biz｜Reuters