(WO) Offshore wind continues to play a vital role in the global Energy Transition. It was another record breaking year in 2021 for the offshore wind industry, with record start-ups (84 farms, 18.5 GW, 3,400 turbines) increasing global active capacity 58% to an all- time high of 50.5 GW. This takes offshore wind to approximately 0.3%... Continue Reading →
Offshore Wind Faces Shake-up as Tenders Abandon Price-only Criteria
(Reuters) A new set of factors beyond bidding price is gaining traction in global tenders to award licenses for offshore wind farms and will determine the winners and losers in a highly competitive industry, a new report by energy research firm Wood Mackenzie shows. "The focus is now shifting to multiple criteria to determine tender... Continue Reading →
Simply Blue Group Plans to Build Two Gigawatt-scale Floating Wind Farms in Sweden
Ireland-based floating wind developer Simply Blue Group on Thursday unveiled plans for two floating wind projects of a combined 4,75GW capacity offshore Sweden. The 2 GW Skidbladner floating wind project is located 100 km southeast of Stockholm and the 2.75GW Herkules floating wind project, is approximately 60 km Southeast of the Island of Gotland. Simply... Continue Reading →
BlackRock, JPMorgan, others tell Texas they don’t boycott energy companies
(Reuters) - BlackRock Inc (BLK.N), JPMorgan Chase & Co (JPM.N) and other top financial firms have told a Texas official they are not boycotting energy companies, responding to a request for information that could determine if they are able to continue to manage state funds. The money managers are under pressure from a new Texas law that prohibits... Continue Reading →
Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel
(Reuters) - The government of Panama and energy companies, including SGP BioEnergy, plan to develop a major, advanced biorefinery to increase supply of lower-carbon aviation fuel, the companies said Wednesday. The move comes as the airline industry seeks to achieve a goal of zero net carbon emissions by 2050 and as governments worldwide are pressing... Continue Reading →
Technip Energies Launches Green Offshore Hydrogen Solutions Suite
Technip Energies and its affiliates Kanfa and Inocean on Wednesday launched a suite of carbon-free solutions for green hydrogen production called of GO.H2TM by T.EN. "Hydrogen is integral to the energy transition, and, building on its long-lasting hydrogen and offshore track record, Technip Energies is bringing expertise into green hydrogen to meet an increasing global... Continue Reading →
Petrobras studies investing in offshore wind energy
The President of Petrobras, José Mauro Ferreira Coelho, said that the state company is studying investing in offshore wind energy. “We are studying an alternative to capture offshore wind energy in deep and ultra-deep waters in a long-term project”, highlighted the executive at the Global Carbon Market Congress, held in Rio de Janeiro. “In 2020... Continue Reading →
Four countries to pledge tenfold rise in EU offshore wind power capacity
(Reuters) - Germany, Belgium, the Netherlands and Denmark will on Wednesday sign a pledge to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050, enough to power 230 million European homes,said the Danish energy ministry. This would be an almost tenfold increase in the European Union's offshore wind... Continue Reading →
Iberdrola opens ‘world’s largest’ green hydrogen plant in Spain
Iberdrola has commissioned a solar-powered green hydrogen plant in Puertollano, central Spain, which it says is the largest plant currently operating in the world. The plant was opened on Friday by a delegation including King Felipe VI of Spain, the President of the Regional Government of Castilla-La Mancha, Emiliano García-Page, and Iberdrola chairman Ignacio Galán,... Continue Reading →
SeaTech to Design Semi-submersible Platform for Seawind’s Offshore Wind Floater
(OE) SeaTech Solutions International and Seawind Ocean Technology Holding have partnered up to develop semi-submersible floating platforms customized for Seawind’s construction and assembly requirements for its integrated floating offshore wind turbines. "The semi-submersible floating platforms are a key component in Seawind’s integrated approach to construct the concrete floating foundations and subsequently lift and assemble the... Continue Reading →