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(Forbes) Siemens Gamesa has started to install a new generation of more powerful machines for onshore wind energy in Brazil, in an important step to increase its competitiveness in a key market for the manufacturer and position itself for the development of the country's offshore wind market, according to a company executive. Brazil will be... Continue Reading →
Spanish firm Acciona Construction has chosen two of BlueNewables' technologies: the TLP, CT-bos, and the semi-submersible, S-bos, to be added to its foundations and platforms for offshore wind. "BlueNewables has achieved an important milestone in its role as a technology developer in the blue economy. The agreement with Acciona Construction reinforces our commitment to the... Continue Reading →
Following the acquisition of iXblue by Group Gorgé end of September, ECA Group and iXblue announced today that both companies will be operating under a new joint brand: Exail. With this alliance, Exail becomes a global high-tech industrial champion specializing in cutting-edge robotics, maritime, navigation, aerospace and photonics technologies. Combining complementary technological expertise and geographical... Continue Reading →
Norwegian offshore wind company Vårgrønn, a joint venture between the Italian energy company Plenitude and the Norwegian energy investor HitecVision, has acquired Plenitude’s stake in Dogger Bank A, B and C in the UK, which will be the world's largest offshore wind project, once operational. Plentitude is a renewable energy subsidiary of the Italian oil... Continue Reading →
BayWa r.e. said Monday it had submitted a permit application for what it said would be the world’s first subsidy-free commercial floating offshore wind project off the Portuguese Coast. "BayWa r.e. is now entering the decisive phase of the official authorisation process for the first commercial scale floating offshore project in Portugal, which will be... Continue Reading →
(OW) BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind, who will develop and lead its global floating offshore wind team from BP’s base in the UK. The company participated in public discussions on California’s (floating) offshore windBP is also exploring floating wind as... Continue Reading →
Half of the 114 offshore wind turbines which will make up Scotland’s largest offshore wind farm, Seagreen, have now been installed in the North Sea off the east coast of Scotland, SSE Renewables said this week, adding that a record has been broken for the world's deepest fixed-bottom turbine installation, too. The construction campaign at... Continue Reading →
(OEM) Offshore drilling contractor Transocean has secured more work for its fleet of offshore drilling rigs in the Gulf of Mexico, Brazil, Suriname, Norway, the UK, and India. On Thursday, Transocean published its quarterly fleet status report, detailing some of the recently announced deals and adding several new ones. The aggregate incremental backlog associated with... Continue Reading →
(Reuters) -BlackRock Inc posted a smaller-than-expected drop in quarterly profit on Thursday as strong demand for exchange-traded funds and other low-risk products cushioned the hit to fee income from a global market rout, but its assets under management fell below expectations. The threat of a recession, surging interest rates and the Ukraine crisis have slammed... Continue Reading →
Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respectively, according to the new Energy Transition Outlook from... Continue Reading →
Brazil Energy Insight 