(offshoreWIND.biz) The French government has pre-qualified twelve candidates for the AO9 tender, which offers four new sites for offshore wind development, one off South Brittany, two in the Mediterranean and one in the French South Atlantic region. France opened the tendering procedure in July 2024 and has now completed the first of its three phases. Competitive dialogue... Continue Reading →
Siemens Gamesa Bags GBP 1 Billion Turbine Contract for East Anglia Two
(offshoreWIND.biz) ScottishPower has awarded Siemens Gamesa a turbine contract worth more than GBP 1 billion for its 960 MW East Anglia Two offshore wind farm in the UK. Under the contract, Siemens Gamesa will supply 64 of its flagship SG 14-236 DD wind turbines, which have a rotor diameter of 236 metres, for ScottishPower’s third... Continue Reading →
Swiss asset manager EIP lifts stake in Eni’s Plenitude to 10%
(Reuters) - Swiss asset manager Energy Infrastructure Partners (EIP) will raise its stake in Eni's Plenitude unit to 10%, in a deal that values the group's retail and renewable business at more than 10 billion euros ($11 billion) including debt. The Italian energy group said in a statement on Monday that EIP had agreed to subscribe... Continue Reading →
Iberdrola gives upbeat outlook as strategy pays off
(Reuters) - The chief of Europe's largest utility Iberdrola (IBE.MC), opens new tab gave a bullish outlook for the coming years on Wednesday, pledging to build on a strategy to focus investment on expanding and upgrading grids in Britain, the United States and elsewhere. While pouring billions into power grids and taking a more selective approach to... Continue Reading →
Wood Spearheads Industry Initiative to Develop CCUS Guidelines
(OE) Consulting and engineering firm Wood has taken charge of the Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable carbon capture, utilization and storage (CCUS) projects. The guidelines are the first of their kind to focus on the impact of impurities in CO2 across the entire CCUS value chain.... Continue Reading →
Equinor Becomes Second Largest Shareholder in Ørsted
(OE) Equinor has acquired a 9.8% stake in Ørsted, becoming the second largest shareholder in the company after the Danish State, which holds a controlling stake. Equinor's ownership position has been built over time, through a combination of market purchases and a block trade. The current market value of Equinor's holding in Ørsted is around... Continue Reading →
One of the World’s Largest Offshore Wind Developers Could Be for Sale
(Reuters) Australia's Macquarie has engaged advisors for a potential sale of its subsidiary Corio Generation, one of the world's largest offshore-wind developers, two sources with knowledge of the matter said on Tuesday. Corio oversees a 30-gigawatt pipeline of offshore wind projects spanning Europe, Asia-Pacific, and the Americas. It includes 5 GW of projects across the... Continue Reading →
Vestas Books Conditional Turbine Order for 1.1 GW Scottish Offshore Wind Project
(OE) Danish wind turbine maker Vestas has signed a conditional turbine order agreement with Inch Cape Offshore, an equal joint venture between ESB and Red Rock Renewables, for the 1.1 GW Inch Cape offshore wind project in Scotland. The agreement is for the supply, installation, and commissioning of 72 V236-15.0 MW wind turbines for the... Continue Reading →
Vattenfall Launches 344MW Danish Offshore Wind Farms
(OE)The Vesterhav Nord and Vesterhav Syd offshore wind farms, developed by Vattenfall with a combined capacity of 344 MW, have been officially inaugurated offshore Denmark. The two, almost identical wind farms, are located off the Danish west coast and consists in total of 41 wind turbines, each with a capacity of 8.4 MW. The capacity... Continue Reading →
China CNPC’s global oil, gas investment
(Reuters) - China National Petroleum Corp (CNPC), Asia's largest oil and gas producer, has over the past three decades built a global portfolio with assets in 33 countries. The company's overseas production exceeded 100 million metric tons, or 2 million barrels per day of oil equivalent, for the first time in 2019 and has since... Continue Reading →