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(offshoreWIND.biz) Citing deteriorating market conditions, the Dutch government has delayed tenders for two offshore wind farms and will instead open a tender for one location in the North Sea later this year. The tenders for IJmuiden Ver Gamma-A and IJmuiden Ver Gamma-B were scheduled for the third quarter of this year. However, due to deteriorating market conditions... Continue Reading →
(offshoreWIND.biz) The Norwegian Ministry of Energy has invited applications for three floating wind sites within the Utsira Nord area. The deadline for submitting proposals is set for 15 September 2025. The government is offering a project capacity of 500 MW at each site through the tendering process, which will be carried out in two stages:... Continue Reading →
(Reuters) National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates. Its shares rose 2% to 1,038 pence by 0725 GMT, outperforming the wider market, which... Continue Reading →
(Reuters) Dutch oil and gas services firm SBM Offshore reported a 27% rise in its first-quarter revenue on Thursday, boosted by strong performance across all its segments, particularly in its turnkey unit. The Amsterdam-listed firm, which provides floating production services to the offshore energy industry, posted a quarterly directional revenue of $1.10 billion. SBM Offshore... Continue Reading →
(agenciabrasil.com.br) Eletrobras reported a loss of R$81 million in the 1st quarter of 2025. According to the company, the result reflects the review carried out by the National Electric Energy Agency (Aneel) in the regulatory base of assets of Companhia Hidro Elétrica do São Francisco (Chesf), one of Eletrobras' main subsidiaries. "The impact of the... Continue Reading →
(OE) DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER Offshore Technologies, a BAUER Group company. BAUER Offshore Technologies specializes in drilling services for the installation of foundations for offshore wind farms. The company will become part of DEME’s Offshore Energy segment. The experienced eight-person team will continue... Continue Reading →
By Haley Zaremba for Oilprice.com Nearly 90% of Brazil's electricity comes from renewables, making it a prime location for energy-intensive AI infrastructure. Amazon, Microsoft, and other tech giants are investing billions in Brazilian data centers powered by clean energy. Brazil aims to prove that a renewable-focused energy grid can sustain large-scale AI growth, challenging the... Continue Reading →
(Reuters) - Brazil announced two Chinese partnerships on Monday, including a $1 billion investment by China's Envision Energy to produce sustainable aviation fuel, as the country's president visits China. President Luiz Inacio Lula da Silva met with energy companies as well as with automaker GAC, and Chinese defense company Norinco. Minister of Mines and Energy... Continue Reading →
(offshoreWIND.biz) The first floater for the Les Eoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm has been launched at the Port of Marseille Fos in France. Eiffage Métal, Smulders, and their subcontractor Geodis, in coordination with Ocean Winds, launched the wind farm’s first floating platform on the Fos-sur-Mer industrial site. The floater is now... Continue Reading →
(offshoreWind.biz) Equinor could abandon the Empire Wind 1 offshore wind project “in the coming days” if the stop-work order, issued by the US government soon after the project started offshore construction work, is not lifted, president of Equinor Renewables Americas, Molly Morris, recently shared in an interview. Morris told Politico that the standstill was costing the... Continue Reading →
Brazil Energy Insight 