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Spanish wind energy group Iberdrola's plans to spend around $88 billion on renewable power by 2025 eclipse Europe's top oil companies' combined planned investments in low-carbon over the same period. Royal Dutch Shell, BP, Total, Norway's Equinor, Spain's Repsol, and Italy's Eni aim to grow their low-carbon businesses after setting out plans to sharply reduce... Continue Reading →
In what has been described as a "world's first" a spider-like robot recently achieved its first blade walk an offshore wind turbine in the UK, opening door to significant offshore inspection cost cuts. Developed by BladeBUG, with support of the Offshore Renewable Energy (ORE) Catapult, the six-legged inspect-and-repair robot last month repeatedly scaled blades at... Continue Reading →
The term of reference (TR) for offshore wind farms is now available to interested companies, according to Ibama's environmental licensing coordinator, Roberta Cox. The official release of the document is scheduled for November. The TR presents reference information and guidelines for the preparation of the Environmental Impact Study and the Environmental Impact Report (EIA /... Continue Reading →
(Reuters) - Norwegian energy company Equinor EQNR.OL aims to become a net zero emitter of greenhouse gases by 2050, including emissions from the production and final consumption of oil and gas, its new chief executive said as he took office on Monday. Anders Opedal, the first engineer to lead state-controlled Equinor, plans to expand the acquisition... Continue Reading →
A unique double rotor floating wind turbine concept has earned a statement of feasibility from classification and certification body DNV GL. This statement, based on DNV GL’s technology qualification services, confirms that the nezzy² floater is designed to state-of-the-art safety, quality and performance standards, and allows its developer, aerodyn engineering, to secure investments and enter... Continue Reading →
Installed offshore wind capacity will surpass onshore wind in the UK by 2026, and the UK will meet its goal to double its renewable energy capacity by 2030 four years early. This is according to the Norwegian energy intelligence company Rystad Energy, which says the targets will be met by a wave of mostly wind... Continue Reading →
Norwegian oilfield services provider Aker Solutions boosted its profit in the third quarter of 2020 despite lower revenues as oil and gas operators reduced their activity levels amid lower oil prices and Covid-19 pandemic. Aker Solutions on Wednesday posted a net income of NOK 119 million ($13 million) for the third quarter of 2020, an... Continue Reading →
Italian energy services group Saipem expects no major delay to projects and predicted brisker business in the last part of the year after swinging to a loss in the third quarter. "We are not out of the woods yet ... (but) the picture starts to get brighter," Chief Executive Stefano Cao said in a conference call. Saipem... Continue Reading →
Spanish green energy company Iberdrola reported 4.7% net profit growth for the first nine months on Wednesday and said it still expected that metric to rise at a mid to high-single digit rate this year. Boasting more than 32GW of renewable generation capacity in markets including Spain, the United States, Brazil and Britain, Iberdrola is capitalizing on... Continue Reading →
Floating wind turbines atop the ocean could be the next big renewables market. GTM helps explain the weird and wonderful world of clean energy. Onshore wind turbines can be found everywhere from the tropics to the Arctic. Three decades ago, developers started putting them on fixed foundations out at sea, sparking the rise of the offshore... Continue Reading →
Brazil Energy Insight 