Kongsberg Maritime providing controls package for F-Class wind vessel

(OM) Kongsberg Maritime will supply technology and engineering for a second F-class wind turbine and foundation installation vessel that Cadeler has ordered. This will be one of the world’s largest installation vessels in the offshore wind sector when completed, according to the company. Kongsberg Maritime will provide a thruster package, electrical solutions and integrated controls, including the dynamic... Continue Reading →

December 8, 2022 0

Portugal ends mandatory environmental assessments for green hydrogen projects

(Reuters) - Portugal wants to speed up investments in green hydrogen projects, which are essential to decarbonize the economy, and will end mandatory environmental assessments for them in March 2023, Prime Minister Antonio Costa said. Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10... Continue Reading →

December 8, 2022 0

Exxon plans to raise spending in 2023 closer to $25 billion

(Reuters) - Exxon Mobil Corp (XOM.N) on Thursday said it will raise spending next year closer to the top end of its $20 billion-$25 billion annual guidance and expand investments to curb carbon emissions. Exxon led record gains among oil majors in the second and third quarters this year, aided by its highly criticized decision during the COVID-19 pandemic to double... Continue Reading →

December 8, 2022 0

Ocean Infinity’s first two high-tech ammonia-ready Armada ships head for Norway

Marine robotics company Ocean Infinity has taken delivery of the first two robotic vessels that will form part of the high-tech Armada fleet. The two ships have left Vard Vung Tau shipyard in Vietnam and are headed to Norway and Vard Søviknes. “Armada 7801 and 7802 have set sail from Vietnam and are headed to Norway.... Continue Reading →

December 6, 2022 0

LH2 Europe CEO: Hydrogen bankability and financeability major challenges

“It is quite clear that liquid hydrogen is the cheapest option. It is much cheaper than ammonia when you look at the whole cycle of putting the hydrogen into the ammonia and taking the hydrogen out. If you can have liquid hydrogen which is stored without loss or very low loss, then liquid hydrogen is... Continue Reading →

December 6, 2022 0

Orsted plans large-scale green hydrogen project in Denmark

(Reuters) - Renewable energy firm Orsted (ORSTED.CO) on Tuesday said it intends to invest in a large-scale facility in Denmark to produce green hydrogen, considered a cornerstone of the shift to cleaner energy. The first stage of the investment in the so-called Power-to-X facility is estimated at somewhere between 1 and 5 billion Danish crowns ($141-$705 million),... Continue Reading →

December 6, 2022 0

Global renewable capacity growth set to double over next five years, says IEA

(Reuters) - Global renewable power capacity growth is set to double over the next five years, driven by energy security concerns in the wake of Russia's invasion of Ukraine, the International Energy Agency (IEA) said on Tuesday. In an annual report on the outlook for renewables, the IEA said capacity worldwide is expected to grow... Continue Reading →

December 6, 2022 0

California’s coming offshore wind boom faces big engineering hurdles – long read

(MTR) This week, dozens of companies are expected to compete for the right to lease the first commercial wind power sites off the coast of California in a federal online auction that could kick-start the state’s next clean energy boom. Collectively, the winners will pay at least tens of millions of dollars for exclusive rights to submit... Continue Reading →

December 5, 2022 0

BP doubles down on hydrogen as fuel of the future

(Reuters) - BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the fuel to decarbonise. Low-carbon hydrogen already has a big fan-base and is forecast to play a major role in reducing greenhouse gas emissions from heavy industries and... Continue Reading →

December 5, 2022 0

RWE Buys Irish Offshore Wind Farm Site

(OE) German renewable energy firm RWE said Friday it had bought the Irish company Western Power Offshore Developments Ltd, which is in the early stages of developing the East Celtic wind farm project offshore Ireland. The East Celtic wind farm site , which could have a capacity of 900MW, is located around 10 kilometers offshore of Wexford and Waterford in Ireland. "RWE’s adoption of the project as part of... Continue Reading →

December 2, 2022 0