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(Reuters) - France's EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%. The comments followed a report by Bloomberg News citing people familiar with the matter as saying the state-owned utility... Continue Reading →
(Eixos.com.br) Amid market pressure to hold the first auction for offshore wind power generation in Brazil, the Ministry of Mines and Energy (MME) opened a public consultation on July 14th to improve the methodology for selecting areas for the activity. The objective of the consultation is to refine the definition of technical, environmental, economic, and... Continue Reading →
(OE) Iberdrola has signed green financing agreement with 24 banks for the East Anglia THREE offshore wind farm, being developed together with Abu Dhabi Future Energy Company (Masdar). The transaction valued at $4.88 billion, which was 40% oversubscribed, is one of the largest of its kind to date and will cover a substantial part of... Continue Reading →
(OE) Some offshore wind turbine (OWT) support structures may fall short of required fatigue life expectations, according to a new Lloyd’s Register (LR) report, which also pinpointed reliability-based inspection as one of the measures to manage fatigue-driven risks in such structures. The case study evaluated a North Atlantic offshore wind farm of 60–70 turbines, with the... Continue Reading →
(OE) The U.K. government has unlocked $10.1 billion investment into key clean energy projects, like offshore wind and hydrogen, with the signing of a new deal with the Sumitomo Corporation in Tokyo. Sumitomo Corporation aims to facilitate the investment into key U.K. infrastructure and clean energy projects by 2035, backing the government’s aim to significantly... Continue Reading →
The second wind turbine installation vessel (WTIV), built by Yantai CIMC Raffles Offshore for DEME Group, has been launched. Norse Energi, like its sister vessel Norse Wind, is engineered to install turbines with rotor diameters over 300 metres and XXL monopiles up to 3,000 tonnes, even in water depths of 70 metres. The first steel for... Continue Reading →
(Reuters) - The Crown Estate, which manages King Charles' public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to the previous year, with offshore wind leases its biggest source of revenue. The Crown Estate, which comprises tracts of land and most of Britain’s sea bed, is an independently... Continue Reading →
(OE) Equinor, the developer of Empire Wind, officially launched the Service Operations Vessel ECO Liberty on June 28 for deployment in its New York offshore wind project. Louisiana First Lady Sharon Landry served as the vessel’s “Godmother” during a christening ceremony on the Mississippi River at the Port of New Orleans. Speakers at the event included... Continue Reading →
(OE) The assembly of an offshore solar farm has been completed at the Port of Amsterdam in a ‘world’s first’ project that will integrate the system with an offshore wind farm in the North Sea, offshore Netherlands. The system, supplied and built by Oceans of Energy, is larger than a football field and is set... Continue Reading →
(offshoreWIND.biz) Brazil’s SENAI Institute of Innovation in Renewable Energy (ISI-ER) and SENAI’s Rio Grande do Norte branch, SENAI-RN, expect to receive the installation permit for their pilot project, the country’s first offshore wind project to be granted a preliminary licence, within 12 to 18 months and to have it operational within 36 months. Following the... Continue Reading →
Brazil Energy Insight 