(PN) Neoenergia and the Government of Rio Grande do Norte signed a memorandum of understanding to develop studies for the production of offshore wind generation in the coastal region of the state. The agreement also includes mutual cooperation and exchange actions that involve socioeconomic, environmental, technical and regulatory aspects. . The ceremony was attended by... Continue Reading →
FACTBOX-US Offshore Wind Projects Facing Inflation Headwinds – Long read
(Reuters) The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing. The federal government has already approved several large-scale projects so far, with the first two - Vineyard Wind 1 and South Fork -... Continue Reading →
Japan’s MOL Invests in TouchWind’s Innovative Floating Wind Turbine Tech
(OE) Japan's Mitsui O.S.K. Lines (MOL) will invest in a floating wind technology start-up, TouchWind. TouchWind is developing the tilting angled one-piece rotor wind turbine which is expected to reduce wind interference between wind turbines that tends to occur in large wind farms and improve overall wind farm power generation efficiency. In addition, MOL said,... Continue Reading →
Latest UK Renewables Auction Fails to Attract Offshore Wind Bids
(Reuters) Britain's latest subsidy auction for new renewable energy projects awarded no contracts for offshore wind projects, the results published on Friday showed, drawing criticism from opposition politicians and environmental campaigners. In a 2022 auction, offshore wind projects were the main recipient of funding, with 7 gigawatts (GW) awarded. Offshore wind power is a key... Continue Reading →
Deep Wind Welcomes New Offshore Wind Investor
(OW) Offshore wind developer, Deep Wind Offshore, has secured Octopus Energy as a new investor to accelerate international expansion and strengthen Norwegian projects, according to the company. Octopus Energy will join the ownership side of the company, Deep Wind Offshore said, together with the existing industrial owners Knutsen OAS, Haugaland Kraft, and SKL. Deep Wind... Continue Reading →
Ørsted Extends Its Offshore Wind Collaboration with Hitachi Energy
(OW) Hitachi Energy and the Danish renewable energy developer, Ørsted, have extended their long-standing collaboration for offshore wind farms for three more years. Under the extended framework agreement, Hitachi Energy will continue to support Ørsted’s global offshore wind farms. At a visit to Hitachi Energy’s factory in Ludvika in Sweden, Ørsted’s country head of Sweden,... Continue Reading →
World’s Largest Wind Turbine Takes On Typhoon, Comes On Top
(OW) Goldwind’s GWH252-16MW wind turbine, installed at the Zhangpu Liuao offshore wind farm owned and developed by China Three Gorges, has produced 384.1 megawatt-hours in a 24-hour period, setting a new world record for an individual wind turbine in the given period. The record was achieved on 1 September while the wind farm offshore the... Continue Reading →
Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?
Philip Lewis, Contributor (OE) Global floating wind capacity will have grown from less than 200 MW at the end of 2022 to around 61 GW of grid connected capacity by 2035. This activity will require over $250 billion in capital expenditure. Over 75% of the forecast activity is expected to come from four countries. The global... Continue Reading →
Petrobras makes its first purchase of carbon credits
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired 175,000 carbon credits, marking its entry into the voluntary carbon credit market. Each credit represents 1 ton of CO2 equivalent avoided, totaling 175,000 tons of greenhouse gases (GHG) not emitted. These credits correspond to the preservation of an area of 570 hectares of the Amazon... Continue Reading →
BP’s Looney holding his nerve over energy transition plan
(Reuters) - BP (BP.L) CEO Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year, despite investors penalizing the group over its plan to break away from rivals in cutting oil and gas output. Taking office in February 2020 with a vow to reinvent the 114-year-old company,... Continue Reading →