Colombia Mulls Making Ecopetrol Mandatory Partner in Offshore Wind Farms

(Reuters) Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters. The Ministry of Mines and Energy will consult businesses interested in taking part in Colombia's first-ever offshore wind auction about the proposal, one of the sources said in recent days, adding... Continue Reading →

September 12, 2023 0

Japan’s MOL Invests in TouchWind’s Innovative Floating Wind Turbine Tech

(OE) Japan's Mitsui O.S.K. Lines (MOL) will invest in a floating wind technology start-up, TouchWind. TouchWind is developing the tilting angled one-piece rotor wind turbine which is expected to reduce wind interference between wind turbines that tends to occur in large wind farms and improve overall wind farm power generation efficiency. In addition, MOL said,... Continue Reading →

September 11, 2023 0

Two firms embark on merger quest to create ‘formidable force’ in offshore energy market intelligence

(OET) Aberdeen-based Archer Knight (Holdings) Limited has revealed a merger deal to acquire Singapore’s Energy Maritime Associates (EMA), which will enable both players to redefine their position in the offshore energy market intelligence landscape while paving the way for an expanded employment plan. This merger, which combines two specialist offshore energy advisory firms with distinct... Continue Reading →

September 8, 2023 0

Eversource Sells Seabed Acreage Offshore US to JV Partner Ørsted for USD 625 Million

Eversource Energy has completed its sale of an uncommitted lease area off the south coast of Massachusetts to its joint venture (JV) partner Ørsted for USD 625 million. The all-cash transaction, which was announced in May, closed today following approval from the Committee on Foreign Investment in the United States. The deal with Eversource provides... Continue Reading →

September 8, 2023 0

Latest UK Renewables Auction Fails to Attract Offshore Wind Bids

(Reuters) Britain's latest subsidy auction for new renewable energy projects awarded no contracts for offshore wind projects, the results published on Friday showed, drawing criticism from opposition politicians and environmental campaigners. In a 2022 auction, offshore wind projects were the main recipient of funding, with 7 gigawatts (GW) awarded. Offshore wind power is a key... Continue Reading →

September 8, 2023 0

Deep Wind Welcomes New Offshore Wind Investor

(OW) Offshore wind developer, Deep Wind Offshore, has secured Octopus Energy as a new investor to accelerate international expansion and strengthen Norwegian projects, according to the company. Octopus Energy will join the ownership side of the company, Deep Wind Offshore said, together with the existing industrial owners Knutsen OAS, Haugaland Kraft, and SKL. Deep Wind... Continue Reading →

September 7, 2023 0

Ørsted Extends Its Offshore Wind Collaboration with Hitachi Energy

(OW) Hitachi Energy and the Danish renewable energy developer, Ørsted, have extended their long-standing collaboration for offshore wind farms for three more years. Under the extended framework agreement, Hitachi Energy will continue to support Ørsted’s global offshore wind farms. At a visit to Hitachi Energy’s factory in Ludvika in Sweden, Ørsted’s country head of Sweden,... Continue Reading →

September 7, 2023 0

World’s Largest Wind Turbine Takes On Typhoon, Comes On Top

(OW) Goldwind’s GWH252-16MW wind turbine, installed at the Zhangpu Liuao offshore wind farm owned and developed by China Three Gorges, has produced 384.1 megawatt-hours in a 24-hour period, setting a new world record for an individual wind turbine in the given period. The record was achieved on 1 September while the wind farm offshore the... Continue Reading →

September 6, 2023 0

Offshore Wind Could Secure Scottish Green Hydrogen Potential – Report

(OW) New and existing offshore wind farms could help generate large amounts of green hydrogen and support the UK and EU meet their net zero targets, if the necessary infrastructure can be put in place, according to a new report commissioned by Crown Estate Scotland. The “Commercial Models for Future Hydrogen Production” report, written by Xodus Group,... Continue Reading →

September 6, 2023 0

Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

Philip Lewis, Contributor (OE) Global floating wind capacity will have grown from less than 200 MW at the end of 2022 to around 61 GW of grid connected capacity by 2035. This activity will require over $250 billion in capital expenditure. Over 75% of the forecast activity is expected to come from four countries. The global... Continue Reading →

September 6, 2023 0

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Category: Energy

Colombia Mulls Making Ecopetrol Mandatory Partner in Offshore Wind Farms

Japan’s MOL Invests in TouchWind’s Innovative Floating Wind Turbine Tech

Two firms embark on merger quest to create ‘formidable force’ in offshore energy market intelligence

Eversource Sells Seabed Acreage Offshore US to JV Partner Ørsted for USD 625 Million

Latest UK Renewables Auction Fails to Attract Offshore Wind Bids

Deep Wind Welcomes New Offshore Wind Investor

Ørsted Extends Its Offshore Wind Collaboration with Hitachi Energy

World’s Largest Wind Turbine Takes On Typhoon, Comes On Top

Offshore Wind Could Secure Scottish Green Hydrogen Potential – Report

Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

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