RWE and US utility Entergy have signed a Memorandum of Understanding (MoU) to jointly evaluate developing offshore wind in the Gulf of Mexico. Under the MoU, RWE and Entergy agree to assess four key areas to define an optimal route-to-market including the market demand for carbon-free energy for customers of Entergy Louisiana, Entergy New Orleans,... Continue Reading →
Heerema Installs 24 Turbines at Arcadis Ost 1 Offshore Wind Farm Using Unique Method
(OE) Heerema Marine Contractors has completed the installation of 24 turbines for Parkwind’s Arcadis Ost 1 offshore wind farm and most turbines are already producing electricity. Three remaining turbines will be installed later this year. The 257 MW offshore wind farm is located in the German section of the Baltic Sea, northeast of the island... Continue Reading →
Petrobras on Strategic Planning
Petróleo Brasileiro S.A. – Petrobras informs that its CEO, Jean Paul Prates, submitted to the Executive Board, which in turn, discussed and validated the following proposals, to be considered in the Strategic Planning, in compliance with current governance practices, the commitment to create value and the company's long-term financial sustainability: 1) Total attention to people,... Continue Reading →
NKT Wins €500M Contract to Deliver Cables for Ørsted’s Offshore Wind Project in UK
Offshore cable maker NKT won a contract to deliver the high-voltage DC on- and offshore export cable system for Ørsted's Hornsea 3 offshore wind project in the UK. NKT said that the final order has an estimated contract value of approximately 500 million euros in market prices ( around 400 million euros in std. metal... Continue Reading →
AI to Boost Efficiency of Scotland’s First Offshore Wind Farm
(OE) UK-based machine learning and applied AI company Cognitive Business has won a contract to provide a complete package of AI and forecasting to RWE’s Robin Rigg wind farm offshore Scotland. Congitive Business will to provide the wind farm with a suite of AI, Pattern Recognition and Production Forecasting technology that will enable the owner-operator to predict... Continue Reading →
Vestas to Supply 15MW Turbines for Floating Offshore Wind Project in South Korea
(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 →