(Reuters) - The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras (PETR4.SA) suggests President-elect Luiz Inacio Lula da Silva wants the state-run firm to pivot to more renewable energy projects. Since 2019, Petroleo Brasileiro SA has doubled down on deep, and ultra deep-water exploration and production, while also selling off less productive assets... Continue Reading →
World’s First Floating Wind Farm Marks Five Years of Operation
Hywind Scotland, the first floating offshore wind farm in the world, has been running for five years now. It was put into service in 2017. Located off the coast of Peterhead, Scotland, it is the world’s first floating offshore wind farm, and, according to operator Equinor, it is also the world’s best-performing offshore wind farm,... Continue Reading →
Japan Restarts Offshore Wind Power Auctions with Updated Rules
(Reuters) Japan has resumed public auctions for offshore wind power projects under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry and land ministries said on Wednesday. The government has launched the second major round of auctions to select operators for four new areas capable of... Continue Reading →
US offshore wind industry to hit major milestones in 2023
(CN) The United States has long hovered on the cusp of an offshore wind energy boom, even as the industry has soared worldwide. After many fits and starts, only seven turbines are spinning off the U.S. coast, representing 0.1 percent of the total global capacity of offshore wind farms. Now that’s all starting to change. With companies hitting major... Continue Reading →
Ireland Grants MACs for Seven Proposed Offshore Wind Projects
(OE) Ireland's Minister for the Environment, Climate and Communications, Eamon Ryan TD, on Friday issued Maritime Area Consents (MACs) to the first phase of seven offshore wind projects. The government said the MACs granting represented a significant milestone in the delivery of offshore wind in Ireland "The award of MACs ensures that only projects with... Continue Reading →
EGS wraps up offshore survey at Skipjack Wind
EGS has completed an offshore geophysical and hydrographic survey for Ørsted’s Skipjack Wind offshore wind project off the coast of Maryland’s Delmarva Peninsula, USA. EGS was contracted by Ørsted to conduct, process, and interpret high-resolution geophysical and hydrographic survey data of the nearshore sections of the export cable routes for Skipjack Wind, currently in development.... Continue Reading →
TKF building offshore wind cable factory in Eemshaven
(OET) Twentsche Kabelfabriek (TKF) has started the construction of a new cable factory at the Beatrixhaven site in Eemshaven, the Netherlands. According to Groningen Seaports, TKF will use the new factory to produce subsea cables to connect wind turbines from offshore wind farms to power stations. The new facility will be complementing TKF’s existing production... Continue Reading →
Japan’s First Utility-scale Offshore Wind Farm Starts Commercial Operations
Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy. Marubeni Corporation has been implementing this first utility-scale offshore wind power project in Japan at Akita Port and Noshiro Port in Akita Prefecture, through the... Continue Reading →
Poland and the Baltics Eye Growth in Offshore Wind
Poland and the three Baltic countries, Estonia, Latvia and Lithuania, present a significant opportunity to expand offshore wind generation beyond the Baltic waters of Denmark, Germany and Sweden. Driven by the need to decarbonize energy supply and increase energy security, Poland and the Baltics can be seen as both a single opportunity for the supply... Continue Reading →
Octopus Energy to expand renewables development in Spain and enter Portugal
(Reuters) - Octopus Energy’s generation arm said on Thursday it is investing in Spanish-headquartered renewables developer FF New Energy Ventures (FFNEV) to expand activities in Spain and enter the Portuguese market for the first time. The investment also aims to accelerate expansion into Latin America in the future, the firm said. Financial details of the... Continue Reading →