E-commerce and cloud computing giant Amazon has signed a 10-year corporate power purchase agreement with offshore wind firm Ørsted. In what has been described as Europe's largest ever offshore wind power purchase deal, Amazon has committed to offtake the output of 250MW from Ørsted's planned 900MW Borkum Riffgrund 3 offshore wind farm in Germany. Borkum... Continue Reading →
2020 Has Been a Big Year for US Offshore Wind
This has certainly been an active year for offshore wind, both in the U.S. and globally. Looking at the U.S. in particular, the East Coast is certainly giving cause for real optimism with a clear pipeline of state procurement targets indicating 12 gigawatts installed by 2030 and 29.1 gigawatts total installed by 2035. That means... Continue Reading →
Italian oil & gas major buys into world’s largest offshore wind farm
Eni has entered into agreements with Equinor and SSE Renewables to acquire 10 per cent stake in Dogger Bank A and B from each, which will lead to a shareholding setup of SSE and Equinor each owning 40 per cent and Eni holding 20 per cent in the first two phases of what will become... Continue Reading →
Petrobras, Equinor stake out opposite renewables strategies in Brazil
(Reuters) - Petrobras does not expect to invest in renewables over the next five years, Chief Executive Roberto Castello Branco said on Tuesday, adding that the Brazilian state-controlled company will instead put money into technologies to reduce the carbon footprint of its oil extraction activities. Castello Branco has repeatedly said Petroleo Brasileiro SA, as the... Continue Reading →
Offshore Charging Station for Electrified Offshore Vessels Being Developed in UK
A project has been launched in the UK to explore the viability of developing an offshore charging facility for vessels as part of the industry’s efforts to decarbonize its vessel operations. Funded by the first phase of the UK Government’s Sustainable Innovation Fund, the project - led by Turbulent Simulations, alongside Aluminium Marine Consultants, the... Continue Reading →
‘Largest Ever’ Offshore Wind Financial Close Reached for World’s Largest Offshore Wind Farm
Equinor and SSE have announced a financial close on the first two phases of the world's largest offshore wind farm project - the Dogger Bank in the UK North Sea. Dogger Bank wind farm is a joint venture between SSE Renewables, who are leading the construction of the offshore wind farm, and Equinor, who will operate... Continue Reading →
Offshore wind energy potential in Brazil attracts Equinor and Neoenergia
Brazil's potential for power generation with wind farms installed at sea, a technology that is on the rise in the world but still unprecedented in the country, entered the radar of government technicians and companies such as the Norwegian oil company Equinor and the electric company Neoenergia, of the group Spanish Iberdrola. The state-owned Energy... Continue Reading →
European Union Eyes Mammoth Expansion of Offshore Wind Farms
The European Union unveiled plans on Thursday to transform its electricity system to rely mostly on renewables within a decade and increase its offshore wind energy capacity 25-fold by 2050. Renewable sources like wind and solar provide roughly a third of EU electricity today, but the EU says that share will need to expand to... Continue Reading →
Ibama launches standard term of reference for offshore wind energy complexes
The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) launched the Standard Term of Reference (TR) for Offshore Wind Energy Complexes. This TR brings the scope of what the entrepreneur should present in his study of environmental impact to attest the feasibility of this type of renewable energy enterprise, thus bringing clarity and... Continue Reading →
Windthrust Working on All-in-one Floating Port and Installation Vessel for Offshore Wind Sector
Windthrust, a subsidiary of Australian-based, National Ports Corporation, has revealed plans for a 300 meters long, combined self-propelled floating port and installation vessel for foundations, wind turbines, and substation - named the Oceandock LX. "Windthrust has been working closely with offshore wind farm market leaders from Northern Europe to identify the key factors and requirements... Continue Reading →