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(Reuters) - New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices. Companies that submitted bids included units of Equinor (EQNR.OL), opens new tab, Orsted (ORSTED.CO), opens new tab, and a joint... Continue Reading →
(Reuters) - Offshore wind developers submitted revised bids to supply power to New York state on Thursday to cope with soaring costs, with industry heavyweights Equinor (EQNR.OL), opens new tab and BP (BP.L), opens new tab saying they would no longer develop projects together. The closely watched New York solicitation, which allows companies to exit old contracts and re-offer... Continue Reading →
(Reuters) - Norway's Equinor (EQNR.OL), opens new tab maintains an ambition to reach 12-16 gigawatts (GW) of installed renewable energy capacity by 2030, despite dropping out of some projects in New York, its renewables head told Reuters on Friday. "The 12 to 16 gigawatt ambition by 2030, we are not changing that now," Paal Eitrheim said in... Continue Reading →
(Reuters) Norway's Equinor said on Thursday it had entered into a swap transaction with BP to take full ownership of Empire Wind lease and projects while the British energy company takes over Beacon Wind. Equinor will also take over BP's 50% share of the South Brooklyn Marine Terminal (SBMT) lease, the company said. Following the... Continue Reading →
(OE) The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities. The grant for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project comes through the U.S. Department of Transportation’s... Continue Reading →
(OE) Ørsted has signed an agreement with Eversource to acquire Eversource’s 50% share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York 4 solicitation for offshore wind capacity, signing of an Offshore... Continue Reading →
(Reuters)Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP. The development of the U.S. offshore wind industry took a major blow last year when companies working in several states said they could no longer complete projects... Continue Reading →
(Reuters) - New Jersey's utility regulator on Wednesday approved two offshore wind power projects proposed by units of Attentive Energy and Invenergy. The approvals were part of the state's third solicitation for offshore wind seeking 1,200-4,000 megawatts (MW) of power capacity. In total New Jersey is looking to achieve about 11,000 MW of offshore wind... Continue Reading →
(OE) French energy major TotalEnergies has signed an agreement with European Energy to develop offshore wind projects in three Nordic countries, including Denmark, Finland and Sweden. The agreement covers 405 MW of offshore wind power under development in Denmark, and new large scale offshore wind projects to be developed jointly by TotalEnergies and European Energy... Continue Reading →
(Reuters) - Brazil's state-run oil firm Petrobras (PETR4.SA), opens new tab will this year start buying stakes in domestic onshore wind and solar projects to create a roughly 2 gigawatts (GW) renewable energy portfolio, the firm's chief executive told Reuters. Petroleo Brasileiro is looking to buy stakes in assets that are already operational, Jean Paul Prates said... Continue Reading →
Brazil Energy Insight 