BP Backs Green Hydrogen Start-Up

(Reuters) BP has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon hydrogen. BP Ventures, the British energy giant's venture capital arm, was among several investors in a $12.5 million Series A financing in U.S.-based Advanced Ionics, the companies said on Tuesday.... Continue Reading →

Hexicon Names Max Ek as Interim CFO

Hexicon, a floating wind power technology developer, has appointed Max Ek as its interim Chief Financial Officer (CFO), succeeding Anders Rössel whose departure was announced in July.  Ek has during the past 2 years worked at Hexicon as Head of Business Controlling & Analysis and is very familiar with the company which gives a short... Continue Reading →

All Monopiles Up at New York’s First Offshore Wind Farm

All 13 monopile foundations have been installed at the South Fork Wind Farm site offshore New York, the state’s first offshore wind farm. Boskalis’s offshore installation vessel Bokalift 2 was responsible for the transporting and installation of the foundations, as well as the one for the substation, the first American-built offshore wind substation. More than 350 workers across... Continue Reading →

Windar Renovables to Manufacture 21 Transition Pieces for Iberdrola’s Windanker Offshore Wind Farm

(OE) Spanish renewables energy company Iberdrola has awarded Windar Renovables a contract to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters.  Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the manufacture of the secondary structure, which will be integrated in... Continue Reading →

Petrobras on CAPEX

Petróleo Brasileiro S.A. – Petrobras, in relation to the news released in the media and as disclosed to the market on 06/01/2023, informs that the Strategic Plan 2024-2028 will have as a driver, among others, the forecast of low-carbon CAPEX for the range between 6% and 15% of the total CAPEX for the first five... Continue Reading →

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