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(offshoreWIND.biz) Legislation that will pave the way for the development of offshore renewable energy in Canada’s province of Newfoundland and Labrador has been put into force. This follows the passage of the federal Bill C-49 in October 2024 and Newfoundland and Labrador’s mirror legislation, Bill 90, in March 2025. The Bill C-49 includes amendments to... Continue Reading →
A new bill passed by Japan’s House of Representatives on 3 June will enable offshore wind projects to be built in the country’s Exclusive Economic Zone (EEZ), beyond the 22-kilometre (12-nautical-mile) line of Japan’s territorial waters. The bill, which was approved by the House of Councillors on 11 April, amends the existing Act on Promotion... Continue Reading →
(Reuters) Energy producer Shell has made a positive final investment decision on its Aphrodite gas project offshore Trinidad and Tobago, the company said on Tuesday. The project is expected to produce first gas in 2027 and have a peak production of 18,400 barrels of oil equivalent per day, it added in a release. Shell is... Continue Reading →
(Reuters) - Britain’s next renewable energy auction must secure a record amount of new offshore wind capacity if the country is to meet its 2030 clean power targets, Darren Davidson, vice president of turbine maker Siemens Energy UK&I, told Reuters. The country has put offshore wind at the heart of its plans to decarbonise its... Continue Reading →
Inyanga Marine Energy Group has announced the winners of contracts to build its HydroWing tidal energy array. The 20 MW HydroWing tidal energy array will be deployed at Morlais off Anglesey in Wales, one of the largest consented tidal energy projects in Europe. The demonstration pilot will deploy in the first quarter of 2026. Hutchinson Engineering... Continue Reading →
(Reuters) - Wind farm developer Casa dos Ventos has regulatory approval to move ahead with a 300-megawatt project in northeast Brazil where the company has been discussing a major data center investment with the owner of TikTok. Brazil's national power grid operator gave the green light to connect the project at the Pecem port complex... Continue Reading →
(oilnow.gy) Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade, GDP booming, rigs multiplying and an international attention growing. But where Guyana surged ahead, Suriname is moving with caution. Guyana’s momentum was driven by multiple factors: a stable investment climate, a business-friendly... Continue Reading →
(Reuters) - Finland's Wartsila is betting that a more nimble way to generate power with ethanol will prove viable in Brazil where similar efforts by major firms floundered a decade ago. Wartsila announced a partnership in March with a power plant in the northeast Brazilian city of Recife, where a four-megawatt engine will burn ethanol for 4,000... Continue Reading →
(offshoreWIND.biz) Gazelle Wind Power has secured an investment for business growth and the development of its 2 MW floating wind demonstrator project in Portugal. The EUR 2 million investment was closed with Banco Português de Fomento (BPF) through the Deal-by-Deal Co-Investment Programme, in partnership with Indico Capital Partners. According to BPF, the investment will allow... Continue Reading →
(Reuters) - Brazilian electric company Eletrobras has tapped investment bank BTG Pactual (BPAC3.SA), opens new tab to advise on the sale of its remaining stake in state-run nuclear power generator Eletronuclear, said three sources familiar with the deal. Following its privatization in 2022, Eletrobras ceased to be the controlling owner of Eletronuclear but remained a minority partner... Continue Reading →
Brazil Energy Insight 