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Philip Lewis, Contributor (OE) Developers are beginning to release details of their bids for yesterday’s California floating wind auction. The successful bidders for the two north California Humboldt sites, RWE and CIP, both bid the highest prices per square kilometer of lease area. Both companies have also identified comparatively low development potential of at 1.6 GW... Continue Reading →
(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 →
Five developers selected to build the first floating wind farms in U.S. federal waters (OE) To support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035, the Bureau of Ocean... Continue Reading →
Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in thefirst-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities. With a bid of USD 130 million for 80.062 acres in the Pacific Ocean, Equinor secured a ~2-gigawatt... Continue Reading →
Vineyard Wind 1, America’s first large-scale offshore wind project, is moving forward with submarine cables being delivered by Prysmian Group. Prysmian’s cable laying vessels, Cable Enterprise and Ulisse, arrived in the US with submarine cables manufactured and tested at the company’s centres of technological excellence in Pikkala, Finland, and Arco Felice, Italy. In November, Cable Enterprise installed the... Continue Reading →
The United States' first sale of offshore wind development rights off the coast of California attracted more than $400 million in bids on Tuesday from companies seeking a foothold in the domestic industry's expansion to the Pacific Ocean. The auction, which will continue on Wednesday morning, is a major milestone in the Biden administration's push to put wind... Continue Reading →
(OED) Triton Anchor, a developer of an anchoring solution for the floating offshore wind industry, announced on Wednesday the closing of its initial funding round. The funds will be used to accelerate platform development as the company scales its products from prototype to general release, expands market outreach, and grows its team, Triton Anchor said.... Continue Reading →
(Reuters) France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tuesday. "We have the second-largest European resources in terms of offshore wind in France and we have almost nothing today that generates power (with this wind)," said Catherine MacGregor at a... Continue Reading →
(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 →
(Reuters) The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding. The Nordic country, a major producer of oil and gas as well as hydropower, plans... Continue Reading →
Brazil Energy Insight 