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(OET) Following the onset of the Ukraine crisis, the global oil and gas industry embarked on a growth upcycle, raising concerns that this is putting net-zero 2050 commitments at risk. With this at the forefront, the energy supply chain is refocusing on the thriving oil and gas sector, triggered by a lack of consistent and... Continue Reading →
(Reuters) Germany raised installed offshore wind capacity by 3.1% to 8,385 megawatts (MW) in the first half of 2023, industry lobbies said on Tuesday, demanding better revenue guarantees to maintain a build-out pace and ensure it will reach a 30,000 MW target by 2030. Wind power is central to Germany's transition to renewable energy as... Continue Reading →
(OE) Offshore installation firm DEME Offshore said Tuesday it had installed the approximately 3,000 ton offshore substation for the Vineyard Wind 1 project - the first commercial-scale offshore wind farm in the United States. "The installation of the offshore substation, a first in the US, took place after months of preparation with collaboration and dedication... Continue Reading →
(OE) The first phase of what will be the world's largest offshore wind farm - the Dogger Bank in the UK - is expected to start producing electricity "during summer." This is according to Equinor, a Norwegian energy giant that is a partner in the project. Other partners are SSE and Vårgrønn. "At the world’s... Continue Reading →
(Reuters) Spanish utility Iberdrola has sold a 49% stake in its 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea to Abu Dhabi's Masdar for about 375 million euros ($414.5 million), it said on Wednesday. Iberdrola said that the deal pegged the total value of the so-called Baltic Eagle project, which... Continue Reading →
(OW) The first Siemens Gamesa wind turbine for the 25 MW Provence Grand Large floating offshore wind farm has been assembled in France. The floating wind farm will comprise three Siemens Gamesa 8 MW wind turbines installed on tensioned line floats and designed by SBM Offshore and IFP Energies Nouvelles. The turbine components, manufactured at Siemens Gamesa’s factory... Continue Reading →
(OM) Seaway7 recently concluded its scope on SSE Renewables and TotalEnergies's Seagreen Offshore Wind Farm, after almost two years of offshore construction. The EPCI scope for both foundations and cables on the project was one of the largest contract scopes delivered in offshore wind to date. Seaway7 implemented suction bucket foundation technology on jackets to overcome the difficult... Continue Reading →
(epbr) The government of Rio de Janeiro announced its intention to develop a first pilot project for offshore wind power generation, to test the technical viability and development potential of large-scale projects. The work will be coordinated by the State Secretariat for Energy and Economy of the Sea. “The pilot project is essential for evaluating,... Continue Reading →
(Reuters) Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday. The firm, part of Octopus Energy Group, said the investment will generate 12 gigawatts (GW) of renewable electricity each year, enough to power 10... Continue Reading →
Dutch-based SBM Offshore and Ireland’s renewable project developer DP Energy have set up a joint venture to pursue floating offshore wind energy opportunities off Nova Scotia, Canada. The duo said they would work to support Nova Scotia’s ambitious climate action targets and “contribute meaningfully” to the phasing out of coal from the grid. The Canadian... Continue Reading →
Brazil Energy Insight 