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(OE) Spanish renewable energy giant Iberdrola said on Monday it would invest nearly 14 billion euros ($15 billion) in Britain through 2028 in grids and renewable projects. The plan is in line with the company's broader investment strategy, which has seen a growing focus on networks, whose returns tend to be predictable, and a more... Continue Reading →
Philip Lewis contributor (OE) The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance. Unlike many of the construction vessels to be deployed on U.S. wind projects, CTVs and SOVs... Continue Reading →
(OW) Octopus Energy’s generation arm has taken a 12.5 per cent stake in the 660 MW Walney Extension offshore wind farm located in England. Octopus Energy bought the stake in Walney Extension from AIP Management, the investment manager for Danish pension fund PKA and PFA. The wind farm features 87 wind turbines, each taller than... Continue Reading →
(epbr) Vale's president, Eduardo Bartolomeo, highlighted that the company, the largest individual consumer of energy in Brazil, could guarantee the demand for national green hydrogen with the production of green steel and consumption of biofuels in its fleet. Jean Paul Prates, president of Petrobras, reiterated the possibility of the company using green hydrogen, produced by... Continue Reading →
(OW) UK-based Rovco has completed all survey work on behalf of Flotation Energy and Vårgrønn for the planned Cenos floating offshore wind farm in Scotland. The Cenos floating offshore wind farm is located in the Central North Sea, 200 kilometres off the coast of northeast Scotland. The geo-environmental survey was completed over an area covering... Continue Reading →
(OW) Chinese wind turbine manufacturer Goldwind has completed the hoisting of its GWH252-16MW unit in a “record-breaking 24 hours”, the company said via social media. By using strategies that preemptively optimised processes through stimulations, the feat not only reduced construction costs but also served as a “vital breakthrough” for scaling up offshore wind potential in future projects,... Continue Reading →
(OE) Certification body Bureau Veritas (BV) presented Enerocean S.L. with the definite issue of its Certificate of Basic Design Approval of the W2Power floating wind solution. The certification represents the completion of a comprehensive assessment of critical elements of the W2Power design, which is currently at the stage of moving to full-size commercial installations. BV said the design assessment... Continue Reading →
(OW) Iberdrola France has launched its platform to identify and collaborate with companies committed to renewable energy and offshore wind for upcoming calls for tenders. According to Iberdrola, the company’s goal is to integrate new partners into the Iberdrola France network to facilitate collaboration on territories and future offshore wind projects. Iberdrola France is organising... Continue Reading →
(Reuters) Recent decisions in the United States and Britain to accept higher prices for offshore wind developments are a welcome sign that authorities are adjusting to higher costs in the industry, Equinor's head or renewables said on Tuesday. "I believe that politics and markets will adjust, and that is also necessary in order to keep... Continue Reading →
(Reuters) South Korea's Ministry of Trade, Industry and Energy said on Wednesday that British-based offshore wind firm Corio Generation and BP have submitted investment plans for wind farm projects in South Korea totaling $1.16 billion. The projects, which had been in the works, are additional signs of carbon-free energy cooperation between Britain and South Korea... Continue Reading →
Brazil Energy Insight 