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(Reuters) Germany aims to speed up wind and solar energy projects, a document seen by Reuters showed on Monday, as the war in Ukraine underscores the need to reduce reliance on Russian gas. Cutting back on Russian gas has been tricky for Europe's largest economy as it is already set to exit nuclear power this... Continue Reading →
(OE) French oil major TotalEnergies has won a bid to build three gigawatts (GW) of offshore wind power capacity on the New Jersey coast in the United States. The company said the $795 million deal is for the 341 sq km New York Bight concession, which is located up to 87 km from the coasts... Continue Reading →
The Department of the Interior today announced the results of the nation’s highest-grossing competitive offshore energy lease sale in history, including oil and gas lease sales, with the New York Bight offshore wind sale. These results are a major milestone towards achieving the Biden-Harris administration’s goal of reaching 30 gigawatts of offshore wind energy by... Continue Reading →
The largest-ever U.S. sale of offshore wind development rights - for areas off the coasts of New York and New Jersey - attracted a record $1.5 billion in bids on Wednesday, supporting President Joe Biden's plan to create a new domestic industry. The auction, which will continue on Thursday, is the first offshore wind lease... Continue Reading →
(Reuters) - The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey. It will be the first offshore wind lease sale under the administration of President Joe Biden, who has made... Continue Reading →
(Portos e Navios) The development of offshore wind projects in Brazilian jurisdictional waters has a way to go, but it has good indicators in different business areas. Sector agents consulted by Portos e Navios believe that the reduction of bureaucracy in the process and gains in scale will contribute to making projects viable, attracting new... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE) should buy the rest of wind turbine maker Siemens Gamesa (SGREN.MC) to accelerate a turnaround at the Spanish-listed firm, Deka, the second top-10 shareholder in as many weeks to call for the takeover, said on Monday. The comments from Ingo Speich, head of sustainability and corporate governance at Deka Investment, raise pressure on Siemens... Continue Reading →
Fugro has reported a revenue increase of 5.8% for the financial year 2021 compared to 2020, accompanied by a 21% revenue increase from renewables, led by buoyant offshore wind activity levels. EBITDA for the full year increased to €175.6 million, said to be driven by improvements in Europe-Africa and Americas, resulting in an EBIT margin... Continue Reading →
Italy's Saipem is set to take a more cautious approach to new green business after delays to a wind farm project helped to tip the energy contractor into issuing a profit warning, two sources close to the matter said on Wednesday. Saipem, a [company specializing] in subsea exploration and construction and provider of services to... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE) should buy the rest of struggling wind turbine division Siemens Gamesa (SGREN.MC), Union Investment said on Monday, the first such demand by a major investor since a recent profit warning and leadership change. Siemens Gamesa last month issued its third profit warning in nine months, a move that has led parent Siemens Energy... Continue Reading →
Brazil Energy Insight 