The offshore wind industry has focused research and development on larger, higher-output turbines, with tip heights increasing from just over 100 meters in 2010 to more than 200 meters in 2016, and swept area expanding by 230%. The current industry standard is a 15MW turbine, with larger models anticipated. Larger turbines necessitate larger foundations, which complicates construction and increases demand for advanced transportation and installation vessels. Competitors in wind foundation and turbine installation projects include DEME Offshore, Jan de Nul, Fred. Olsen, Van Oord, Seaway7, Dominion Energy, Maersk, and the Cadeler Group.
Cadeler A's Comment on Supply Chain
The offshore wind industry has focused research and development on larger, higher-output turbines, with tip heights increasing from just over 100 meters in 2010 to more than 200 meters in 2016, and swept area expanding by 230%. The current industry standard is a 15MW turbine, with larger models anticipated. Larger turbines necessitate larger foundations, which complicates construction and increases demand for advanced transportation and installation vessels. Competitors in wind foundation and turbine installation projects include DEME Offshore, Jan de Nul, Fred. Olsen, Van Oord, Seaway7, Dominion Energy, Maersk, and the Cadeler Group.
Sources:
Cadeler A's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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