(Reuters) - Oil major BP (BP.L) has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewable energy. BP has bid in the tender process for two wind farm sites at the Hollandse Kust (West) zone, located 53 kilometres off the Netherlands' west... Continue Reading →
Total, Duke are winners of latest U.S. offshore wind auction
(Reuters) - France-based TotalEnergies and U.S. power company Duke Energy Corp (DUK.N) each won offshore wind leases in federal waters off the coast of North and South Carolina on Wednesday, the Interior Department said in a statement. The auction generated $315 million in winning bids, split between Duke at $155 million and TotalEnergies at $160 million. It... Continue Reading →
Colombia to prioritize cutting carbon emissions in oil and gas contracts
(Reuters) - Colombia will prioritize signing contracts for oil and gas blocks with companies making greater strides to cut carbon emissions, a government official said on Wednesday, adding the country needs to assign an average of 10 blocks a year to maintain fuel self-sufficiency. Colombia's oil and gas industry is a major source of income... Continue Reading →
U.S. to Hold Offshore Wind Auction for Carolina Coast
(Reuters) - Bidding for federal wind energy leases for two areas off the coast of North Carolina and South Carolina kicked off on Wednesday, with each attracting over $2.7 million. The sale - the second such offering this year - is part of the Biden administration's broad push to put wind turbines in federal waters... Continue Reading →
Norway to ramp up offshore wind in drive to go green
(Reuters) - Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity. The centre-left government, which has come under fire from environmentalists for continuing to support the oil and gas... Continue Reading →
TotalEnergies Confirms Green Light for Floating Wind Project in the Mediterranean Sea
TotalEnergies, the French oil major with growing renewables aspirations, on Tuesday confirmed the start of the construction of the 30MW Eolmed floating wind project in the Mediterranean Sea, off France. The project, in which TotalEnergies has a 20% stake, is operated by Qair. The news comes days after BW Ideol, another partner in the project, said... Continue Reading →
Thermoplastic Composite Pipes Could Carry Hydrogen Produced Directly at Floating Wind Farms
Strohm, the developer of Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MoU) with French renewable hydrogen supplier Lhyfe, to collaborate on the transportation solution for hydrogen produced from a floating wind turbine to be integrated with a hydrogen production system. The partners said that they would collaborate on solutions for hydrogen transport, both onshore... Continue Reading →
BlueFloat Energy Has 14 Offshore Wind Projects in South America
As the Colombian Government launched the country’s Offshore Wind Roadmap on 3 May, BlueFloat Energy revealed it has seven offshore wind projects under development in the country. This is just half of what the company plans in South America since there are also seven projects the Spanish developer is planning offshore Brazil. In Colombia, BlueFloat... Continue Reading →
Colombia Launches Offshore Wind Roadmap, First Project to Be Built in Barranquilla
Colombia’s President Iván Duque and Minister of Mining and Energy, Diego Mesa, launched the country’s Offshore Wind Energy Roadmap on 3 May at an event in the city of Barranquilla, whose waters will become the home of the first offshore wind farm in Colombia. The objective of the roadmap is to build a transparent and... Continue Reading →
Wind turbine makers struggle to find pricing power
(Reuters) - Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever. The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous, fixed, subsidised tariffs for power toward an auction-based... Continue Reading →
