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(Reuters) - Siemens Energy (ENR1n.DE) said on Tuesday its net loss more than doubled in the first quarter, blaming charges related to quality issues at Siemens Gamesa (SGREN.MC) which the German firm is trying to fix via a full takeover of the wind division. Siemens Energy, which pre-released first-quarter results last month, said its net loss widened to 598 million... Continue Reading →
Norwegian energy firm Equinor and its UK partner SSE Renewables have started early scoping work to explore options for developing a fourth phase, Dogger Bank D, of the what will be the world’s largest offshore wind farm. Equinor and SSE Renewables each own 50% of the proposed Dogger Bank D development. The Dogger Bank D... Continue Reading →
(Reuters) - Denmark's Orsted (ORSTED.CO), the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. "In a year with unusual market conditions, not least the very volatile energy prices and a substantial increase in inflation, we're happy to achieve a record-high... Continue Reading →
General Electric recently filed a plan to build two new offshore wind manufacturing facilities in New York if it wins enough orders from companies in the state’s ongoing solicitation for up to 4.6 GW of offshore wind.GE proposed building the factories with Carver Companies at their Port of Coeymans site. The company said that, should... Continue Reading →
(Reuters) Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process, aiming for a third quarter launch. The government last week launched a public hearing regarding proposals for the delimitation of areas... Continue Reading →
(Reuters) - Beleaguered wind turbine maker Siemens Gamesa (SGREN.MC), soon to be delisted and folded into parent Siemens Energy (ENR1n.DE), said on Thursday its first-quarter net loss more than doubled on higher warranty provisions as a result of faulty components. The net loss in the October-December period, Siemens Gamesa's fiscal first quarter, widened to 884 million euros... Continue Reading →
UK-headquartered energy giant BP has unveiled its new energy outlook, highlighting the main trends and uncertainties surrounding the energy sector and the transition to low-carbon and green energy sources over the next three decades. With the current energy and climate crises at the forefront, BP’s new Energy Outlook explores the key trends and uncertainties surrounding the energy... Continue Reading →
Philip Lewis, Contributor (OE) In recent State of the Port address, the first held since 2020, the Port of Long Beach’s Executive Director David Cordero discussed the port’s plan to support California’s emerging floating wind industry. The Port of Long Beach has not yet been identified as a marshalling port for any one project. However, under its Zero Emissions,... Continue Reading →
(Reuters) Germany boosted its offshore wind power capacity by 357 megawatts (MW) to 7,036 MW last year, inching towards a planned 30,000 MW by 2030, power grid operator TenneT said. The German arm of the Dutch transmission group will play a key role in achieving the target, linking the majority of new wind farms to... Continue Reading →
(OE) A joint venture between RWE Renewables and National Grid called Community Wind has submitted a proposal to the New York State Energy Research and Development Authority (NYSERDA) to provide New York State with electricity from 1.3 GW of offshore wind capacity to power nearly 500,000 homes. The bid submission was in response to the... Continue Reading →
Brazil Energy Insight 