(Reuters) Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind giant Orsted in August 2021to head offshore wind as the company planned to rapidly grow its wind and solar operations as... Continue Reading →
Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero
Italy-headquartered cabling giant Prysmian Group has divulged its new near-term and net-zero greenhouse gas (GHG) emission reduction targets, which will enable it to reach its sustainability goals. Prysmian explains that it is committed to reducing total Scope 1 and 2 GHG emissions by 47 per cent by 2030 compared to the 2019 baseline. In addition,... Continue Reading →
Europe’s Offshore Wind Boom Threatened by Looming Tower Supply Gap – Rystad
(OE) Offshore wind developments play a vital role in Europe's energy transition plans, but the industry may face a significant supply challenge in the coming years, with a forecasted wind tower supply crunch. According to Rystad Energy, in 2028, the demand for offshore turbine towers will surpass the manufacturing capacity, indicating an urgent need for... Continue Reading →
Petrobras on Renewable Electricity Certificates
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired international certification that ensures that 100% of the electricity used in its industrial and administrative operations in Brazil is generated by renewable sources. This seal - called I-REC certification (Renewable Energy Certificate) - attests that the electricity Petrobras acquires from external suppliers is generated exclusively... Continue Reading →
Crown Estate Reports Record Profit as UK Round 4 Offshore Wind Option Fees Start Pouring In
(OW) The Crown Estate has reported a record net revenue profit of GBP 442.6 million (around EUR 512 million) for the financial year 2022/23 thanks to earnings from option fees that the developers of the Round 4 offshore wind farms started paying this year. Offshore wind has also boosted the value of The Crown Estate’s... Continue Reading →
Hitachi Energy Secures Deal for Two Swedish Offshore Wind Farms
(OW) OX2 and Ingka Investments have signed their third conditional agreement with a supplier for two of their offshore wind projects in Sweden, Triton and Galene, this time with Hitachi Energy for high-voltage equipment and systems, and power quality solutions for two onshore substations and up to eight offshore substations. The two project owners are... Continue Reading →
Exclusive: Brazil aims to pass offshore wind, green hydrogen laws by year-end, energy minister says
(Reuters) - Brazil aims to pass a regulatory framework for offshore wind and green hydrogen by the end of this year, the country's energy minister told Reuters on Tuesday, as Latin America's largest nation seeks to unlock new sectors to power its energy transition. Leftist President Luiz Inacio Lula da Silva has staked his international... Continue Reading →
In a ‘World first’, Lhyfe’s Sealhyfe Pilot Starts Producing Green Hydrogen in the Atlantic
Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first. The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic, off France, and connected with the SEM-REV power hub. "As of June 20... Continue Reading →
Fugro Expanding Its Offshore Wind Expertise Centre in Virginia
(OW) Fugro will expand its regional centre of expertise for offshore wind, located in Norfolk, Virginia, as the company’s Virginia operations have grown over the past decade with the increase in the number of offshore wind projects on the US East Coast. The expansion, which was announced by Virginia Governor Glenn Youngkin on 26 June,... Continue Reading →
DORIS Secures Second Contract for Gray Whale 3 Floating Offshore Wind Farm in South Korea
Offshore engineering services firm DORIS has secured a second Front-end Engineering Design (FEED) contract for the Gray Whale 3 floating offshore wind farm in South Korea. The scope of the FEED includes the project’s full electrical and communications system to the grid connection, array and export cabling, and all aspects of the fixed offshore substation... Continue Reading →