(OE) South Korea’s HD Hyundai Heavy Industries Co., Ltd. said Monday in a stock exchange announcement that it had received a contract to build a floating production unit for a client in Mexico. The contract, awarded by an oil developer in Mexico, is worth 1,566,300,000,000 KRW (around $1.18 billion). The FPU delivery is scheduled for April 1,... Continue Reading →
Equinor and BP’s 2.4 GW Beacon Wind Enters Federal Permitting
(OW) The US Bureau of Ocean Energy Management (BOEM) will initiate its eleventh offshore wind environmental review with Equinor and BP’s 2.4 GW Beacon Wind 1 and 2 wind farms, proposed to be built offshore Massachusetts and connected to the grid in New York and Connecticut. BOEM published a Notice of Intent (NOI) to prepare... Continue Reading →
China Now Has 31+ GW of Offshore Wind Installed, Country on Track to Hit Wind and Solar Targets Five Years Early, Report Says
(OW) Operating offshore wind capacity in China has reached 31.4 GW and accounts for approximately 10 per cent of the country’s total wind capacity which has doubled from 2017 and now exceeds 310 GW, according to a report from Global Energy Monitor (GEM), a US-based non-profit organisation that tracks fossil and renewable energy projects worldwide.... Continue Reading →
Shell’s Renewables Boss Quits after CEO Strategy Shift
(Reuters) Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind giant Orsted in August 2021to head offshore wind as the company planned to rapidly grow its wind and solar operations as... Continue Reading →
Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero
Italy-headquartered cabling giant Prysmian Group has divulged its new near-term and net-zero greenhouse gas (GHG) emission reduction targets, which will enable it to reach its sustainability goals. Prysmian explains that it is committed to reducing total Scope 1 and 2 GHG emissions by 47 per cent by 2030 compared to the 2019 baseline. In addition,... Continue Reading →
Seaway 7 Secures “Very Large” Contract for East Anglia THREE Offshore Wind Farm Installation
(OE) Seaway 7, an offshore wind installation subsidiary of Subsea 7, has secured a "very large" contract with ScottishPower Renewables for the transport and installation of the foundations and inner-array cables for the East Anglia THREE offshore farm in the UK. Subsea7 defines a very large contract as being between USD 500 million and USD... Continue Reading →
Petrobras on Renewable Electricity Certificates
Petróleo Brasileiro S.A. – Petrobras informs that it has acquired international certification that ensures that 100% of the electricity used in its industrial and administrative operations in Brazil is generated by renewable sources. This seal - called I-REC certification (Renewable Energy Certificate) - attests that the electricity Petrobras acquires from external suppliers is generated exclusively... Continue Reading →
Hitachi Energy Secures Deal for Two Swedish Offshore Wind Farms
(OW) OX2 and Ingka Investments have signed their third conditional agreement with a supplier for two of their offshore wind projects in Sweden, Triton and Galene, this time with Hitachi Energy for high-voltage equipment and systems, and power quality solutions for two onshore substations and up to eight offshore substations. The two project owners are... Continue Reading →
Itochu, Tokyo Gas Eye Bids for Japan’s Offshore Wind Farm Auction
(Reuters) Itochu Corp, Tokyo Gas Co Ltd, and other companies are considering bidding in the second round of the Japanese government's auction of offshore wind power projects, the Nikkei business daily reported on Thursday. In December, Japan resumed public auctions of offshore wind farm projects under revised rules aimed at encouraging a wider range of... Continue Reading →
World’s First 16MW Offshore Wind Turbine Installed Offshore China
(OE) China Three Gorges Corporation said Wednesday it had installed the world's first 16MW offshore wind turbine, off the coast of Fujian, China. The news was also confirmed by the wind turbine maker Goldwind, which said: “On June 28, Goldwind successfully hoisted the GWH252-16MW offshore wind turbine in Pingtan, China. The turbine, which set the... Continue Reading →