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(Reuters) The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island. The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource, and would bring a total of 704 megawatts (MW) clean energy to Connecticut and Rhode Island.... Continue Reading →
(OW) Avangrid and Copenhagen Infrastructure Partners (CIP) have installed the first five GE Haliade-X turbines at the Vineyard Wind offshore wind project and are preparing to deliver first power from their wind farm to the electric grid in Massachusetts, the US. Once energized in the coming weeks, Vineyard Wind 1, the first large-scale offshore wind... Continue Reading →
(Reuters) - The U.S. will release guidance for how hydrogen producers can secure billions of dollars of subsidies embedded in last year’s Inflation Reduction Act sometime this year after the COP28 climate conference in Dubai, U.S. energy advisor John Podesta told Reuters on Wednesday. Industry has been waiting anxiously for the guidance from the U.S. Treasury Department for months,... Continue Reading →
(Reuters) Danish energy company Orsted's South Fork offshore wind farm off New York State delivered its first power to the state's power grid, according to a press release by New York Governor Kathy Hochul on Wednesday. The announcement is a bit of positive news in what has been a tough year for the nascent industry... Continue Reading →
(Reuters) - TotalEnergies's (TTEF.PA) CEO gave his backing to an international pledge to triple renewable energy generation at the COP28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. "It's the right way to frame the object, tripling renewables, because if we don't do that, there's no way to phase out fossil energy," Patrick Pouyanne told... Continue Reading →
(Reuters) Colombia on Tuesday officially launched its first bidding round for offshore wind energy concessions, part of efforts by its first leftist government to wean it off oil and gas production. Energy minister Andres Camacho announced the conditions from Dubai, where he is attending the COP28 climate conference. Reuters reported exclusively over the weekend that... Continue Reading →
(OP) Spain’s Iberdrola and the UAE’s Masdar agreed on Tuesday to form a strategic partnership looking to invest $16.2 billion (15 billion euros) in offshore wind and hydrogen in major markets including the U.S., the UK, and Germany. Iberdrola, a utility giant with 41 gigawatts (GW) of renewables in operation, and the UAE’s clean energy developer Masdar... Continue Reading →
Vattenfall and BASF are in exclusive discussions to partner on the Nordlicht 1 and 2 offshore wind farms in Germany through a sale of 49 per cent of the project shares to BASF. To formally express their joint ambition, the two companies have signed a Memorandum of Understanding (MoU). The signing of the transaction is... Continue Reading →
(Reuters) - Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets. Many countries are relying on a huge and rapid build-out of offshore wind farms which have high upfront costs but over... Continue Reading →
(OE) U.S.-based offshore wind developer Vineyard Offshore on Monday announced it has named Alicia Barton as the company’s new CEO, starting in January. Barton will take over for Lars T. Pedersen, who has led the company since it was founded in 2022 and before that led the team developing Vineyard Wind, the first commercial-scale offshore wind project in the United... Continue Reading →
Brazil Energy Insight 