Countries worldwide should make more offshore areas available for wind farms than they do currently if they want to fulfil their climate ambitions, the chief executive of Norwegian oil firm Equinor told Reuters. Like other European oil majors, Equinor is developing a portfolio of renewable projects while continuing to produce oil and gas, with offshore... Continue Reading →
Odfjell Oceanwind, Siemens Gamesa, Siemens Energy Collaborate on Floating Mobile Offshore Wind Units
Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, has entered into a non-binding Memorandum of Understanding with Siemens Gamesa and Siemens Energy. Under the MoU Odfjell Oceanwind intends to use Siemens Gamesa and Siemens Energy technologies for its Mobile Offshore Wind Units (MOWUs). Odfjell Oceanwind is working to develop floating... Continue Reading →
Spain’s Acciona seeks $11.6 bln valuation with renewables IPO
(Reuters) - Spain's Acciona (ANA.MC) said on Thursday it was targeting a valuation of up to 9.8 billion euros ($11.66 billion) for its energy business following the listing of up to 25% of this unit, in what is set to be one of the biggest in a record year so far for listings in Europe. The deal... Continue Reading →
Mitsubishi Power Ships JAC Gas Turbine to Brazil: Marlim Azul Project
Will Be the Most Fuel-efficient Gas Turbine Power Plant in South America (BUSINESS WIRE)--Mitsubishi Power Americas, Inc. has shipped an M501JAC gas turbine to Marlim Azul Energia’s power plant in Macaé, Rio de Janeiro, which will become the most fuel-efficient power plant in South America when it begins operation in January 2023. The plant was the winning... Continue Reading →
Global fossil fuel use similar to decade ago in energy mix, report says
(REUTERS) The share of fossil fuels in the world's total energy mix is as high as a decade ago, despite the falling cost of renewables and pressure on governments to act on climate change, a report by green energy policy network REN21 showed on Tuesday. Fossil fuel use has persisted amid rising global energy demand,... Continue Reading →
Neoenergia to develop green H2 pilot project in Brazil
(H2Tech) Neoenergia and the Pernambuco State Government signed an MOU to build cooperation for the development of a pilot project for green hydrogen production at the Suape Port - Complexo Industrial Portuário Governador Eraldo Gueiros. The initiative expects to find opportunities to enable demand for the product and prepare Suape Port to become a HUB for... Continue Reading →
Norway’s Equinor must lift its climate ambitions, minority investors say
(Reuters) Norwegian energy major Equinor (EQNR.OL) must set tougher near-term targets for reducing the company's climate impact when it presents a new strategy next week, minority shareholders said. Chief Executive Anders Opedal, who took the helm late last year with a promise to speed up the state-controlled firm's renewable investments, also faces demands for climate action from... Continue Reading →
Offshore Wind Could Produce Affordable Hydrogen by 2035 , Siemens Gamesa says
Wind power could make it possible to produce hydrogen without emitting greenhouse gases as cheaply as is currently feasible with fossil fuel energy by 2030, turbine maker Siemens Gamesa said in a white paper released on Wednesday. Policymakers see green hydrogen, which is made with renewable power without emitting carbon, as a vital tool to... Continue Reading →
Petrobras on scheduled stoppage of Mexilhão and Route 1
Petróleo Brasileiro S.A. – Petrobras informs that it will start on August 15th the scheduled stoppage for 30 days of the Mexilhão platform and Route 1 pipeline, which outflows natural gas produced in Mexilhão and in other pre-salt and post-salt platforms in the Santos Basin. The intervention on Mexilhão platform and Route 1 gas pipeline... Continue Reading →
Port of Suape (PE), to receive US$ 3.8 billion in investment in a green hydrogen plant from Qair Brasil
(TNPetroleo) The government of Pernambuco began technical and economic feasibility studies for the implementation of a green hydrogen production plant at the Port of Suape. The project belongs to the company Qair Brasil, of French origin, whose main activity is the independent production of electricity from alternative sources. The initiative, named Pernambuco Green Hydrogen Plant,... Continue Reading →