(OE) Danish wind turbine maker Vestas said Friday it had signed a preferred supplier agreement to supply its giant 15MW offshore wind turbines for a floating wind project in South Korea. Vestas did not say who the client was. It did say that the floating offshore wind project would have a capacity of 495 MW.... Continue Reading →
Rystad: Brazilian energy transition is progressing and demand for hydrogen could double by 2040
(PN) Brazil's energy matrix offers technological opportunities that can place the country at the forefront of decarbonization in a wide range of demand segments. The analysis is by energy research firm Rystad Energy. According to the consultancy, the country has a head start in the transition to low-carbon energy compared to many other large countries... Continue Reading →
Acciona, Nordex team up for green hydrogen projects in US, Latin America, Africa
(Reuters) - Spanish engineering firm Acciona (ANA.MC) and Germany's Nordex (NDXG.DE) said on Friday they teamed up to develop green hydrogen projects within the next 10 years in the United States, Latin America and Africa. The 50-50 joint venture aims to reach the ready-to-build stage for its first projects by 2027 and expects to reach a production capacity of... Continue Reading →
Nine US Floating Wind Foundation Projects Win USD 1.6 Million from Department of Energy
(OW) The US Department of Energy (DOE) has selected nine floating wind foundation projects in Phase One of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Each project will receive USD 100,000 in funding and USD 75,000 in vouchers for technical support provided by DOE national laboratories. The winners of the first phase of the FLOWIN... Continue Reading →
Shell splits renewables business in CEO efficiency drive
(Reuters) - Shell (SHEL.L) is splitting up its renewables and low-carbon division as part of CEO Wael Sawan's shake-up to boost the energy giant's returns. The changes come as Sawan, who took office at the start of the year, has signalled in recent weeks that Shell is considering ditching oil reduction output targets as part of its... Continue Reading →
IEEFA warns of worsening inflation in power sector with carbon capture and storage in the mix – Long read
(OEM) In a world besieged by energy and climate crises, carbon capture and storage (CCS) technology is often presented as a net-zero solution. However, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices, with the... Continue Reading →
Petrobras on Climate Supplement
Petróleo Brasileiro S.A.- Petrobras informs that today it released the new edition of its Climate Supplement. The document details information regarding Petrobras' emissions performance in 2022, in addition to the progress made in indicators related to climate change commitments. The Climate Supplement also presents how the challenges of climate change are reflected in the company's... Continue Reading →
Goldwind: Global offshore wind power to expand thousands-fold in coming decades
(CGTN) Goldwind, the world's top wind turbine supplier in 2022, expects the global offshore wind power market to expand hundreds-fold, possibly even thousands-fold, in the next few decades. "The global offshore wind power development we see now is just the beginning," Wu Kai, vice president of Goldwind, told CGTN in Beijing. "With the comprehensive utilization... Continue Reading →
US energy officials release strategy to boost offshore wind
(AP) The U.S. Energy Department said Wednesday it has a new strategy to meet the goal of vastly expanding offshore wind energy to address climate change. The Biden administration wants to build 30 gigawatts of offshore wind energy by 2030 — enough to power more than 10 million homes. The turbines would be anchored to the seafloor.... Continue Reading →
Developers in New Zealand Team Up to Explore Port Taranaki’s Offshore Wind Hub Potential
Taranaki Offshore Partnership (TOP), a partnership between NZ Super Fund and Copenhagen Infrastructure Partners (CIP) in New Zealand, has signed an agreement with Port Taranaki and BlueFloat Energy for a joint study into how the port’s assets, infrastructure and land can support the growth of the offshore wind industry in Aotearoa. The study, which aims to... Continue Reading →