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FLASC, a start-up developing non-battery based energy storage solutions for the offshore sector has entered a collaboration with offshore installation giant Subsea 7. FLASC's patented Hydro-Pneumatic Energy Storage (HPES) concept combines pressurized seawater with compressed air to create an efficient, large-scale energy storage device that can be applied across a wide range of offshore applications.... Continue Reading →
Singapore's Keppel Offshore & Marine Ltd (Keppel O&M) said Friday it had secured a contract valued at approximately S$600 million (USD 442 million) in the offshore renewable energy industry. Sharing the news on Friday, Keppel gave little details on the client and the type of order. It said that the contract was with "an energy... Continue Reading →
Sept 18, 2020 Another offshore wind farm project is being developed, this time on the coast of Espírito Santo - confirming the rush of companies for a place in this new frontier of renewable energy generation in the country. Vestu Winds, a newly created company, headquartered in Rio de Janeiro, sees the possibility of installing... Continue Reading →
Sept 18, 2020 With the offshore wind industry growing, even during the global pandemic, offshore wind turbines are expected to grow in size and capacity, too, and Rystad Energy believes bigger is better. As previously reported, Siemens Gamesa in May announced the launch of what will be the world's largest offshore wind turbine, the SG 14-222 DD offshore... Continue Reading →
Sept 17, 2020 Petrobras is interested in investing in renewable energies, but while other oil companies already have more defined plans for this sector, the Brazilian state-owned company is still looking for a way to enter in this market. The company's executive director of finance and investor relations, Andrea Marques de Almeida, declared that Petrobras... Continue Reading →
Sept 17, 2020 Plans by European oil companies to increase their renewable power capacity are driving up the price tags on renewable businesses and projects, the CEO of British renewables and network company SSE, told Reuters. BP, Shell, and Total have all announced renewable expansion plans this year to reduce their reliance on fossil fuels and meet internal... Continue Reading →
Sept 10, 2020 Norwegian company Equinor and the British oil giant BP have entered into a strategic partnership to develop offshore wind projects in the US. Under the agreement, BP will buy a 50% stake in Equinor's Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of... Continue Reading →
The proposal aims to implement an offshore wind farm in Rio Grande do Norte, with an area of 300 km², 52 wind turbines with 12 MW of installed power, in addition to two electrical substations The construction wind power project of an offshore wind farm in Rio Grande do Norte is getting closer and closer... Continue Reading →
Shell is already considering the possibility of developing offshore wind farm projects in Brazil, said the company's president in the country, André Araújo, during a webinar held by the British Chamber of Commerce and Industry in Brazil (Britcham) on September 1st. The executive explained that the company may apply technologies that are being studied abroad... Continue Reading →
Norwegian offshore oil and gas drilling contractor Odfjell Drilling is stepping out of the comfort zone and into the offshore renewables space. The company, which provides drilling rigs for oil and gas companies, on Thursday announced its investment in Oceanwind AS, a company working on developing harsh environment floating offshore wind turbines. Continue reading
Brazil Energy Insight 