(Reuters) Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted. The U.S. offshore wind industry is booming so far this year, with several projects in various stages of development and construction, after a disastrous 2023 of developers cancelling contracts and... Continue Reading →
Corio, Prumo Team Up to Explore Using Brazilian Port for Offshore Wind Projects
(offshoreWind.biz) Corio Generation and Brazilian port developer Prumo have signed a Memorandum of Understanding (MoU) to explore using the Port of Açu, north of Rio de Janeiro State, for the deployment of Corio’s future offshore wind projects. Under the agreement, the two companies will explore using the Port of Açu as a strategic base for... Continue Reading →
Iberdrola, Rio de Janeiro Sign Offshore Wind MoU
(offshoreWind.biz) Iberdrola’s renewable energy development arm in Brazil, Neoenergia, has signed a Memorandum of Understanding (MoU) with the government of Rio de Janeiro state to explore the development of offshore wind projects. Under the agreement, Neoenergia and the government of Rio de Janeiro will carry out studies regarding offshore wind generation in the state’s coastal... Continue Reading →
Big turnout expected in New England offshore wind power auction
(Reuters) - Several offshore wind developers are on track to bid in the combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola (IBE.MC), opens new tab, Engie (ENGIE.PA), opens new tab and Orsted (ORSTED.CO), opens new tab. The U.S. offshore wind industry is booming so far in 2024, with several projects in various... Continue Reading →
Brazil’s Ministry of Mines and Energy wants to advance debates on criteria for choosing and disputing areas for offshore wind farms
The Ministry of Mines and Energy (MME) will begin to evaluate the regulation of parameters for the selection of areas destined for offshore wind generation projects, according to the ministry's Secretary of Energy Transition and Planning, Thiago Barral. The executive also said that the ministry will discuss criteria so that the auctions for areas considers... Continue Reading →
Petrobras to install two offshore wind turbines with R&D funds by 2029
(epbr) “We want to install two wind turbines to gain experience, analyze, prepare,” Tolmasquim told journalists during an event this Tuesday. The company has already started conversations with the Union Heritage Secretariat (SPU) for access to the areas. In the case of the Southeast, the location selected for the R&D project is close to Porto... Continue Reading →
Offshore Wind Market Improving After Price Reset, Says EDP
(Reuters) The global market for offshore wind projects is improving with governments and companies now offering high enough prices to make projects economically viable, the CEO of Portugal's largest utility Energias de Portugal (EDP) said on Tuesday. Many countries are relying on a huge and rapid build-out of offshore wind farms to meet climate targets... Continue Reading →
BOEM Announces Review of Proposed Vineyard Northeast Project
(OE) The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of Vineyard Northeast’s proposed offshore wind energy project, located 29 miles offshore Nantucket, Massachusetts at its closest point. BOEM estimates the proposed project would generate up to 2,600MW of electricity, enough to power more than 900,000 homes with clean renewable... Continue Reading →
US Revises Tax Credit Rule to Help Offshore Wind Projects
(Reuters) The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied on fossil fuel industries for employment. The revision follows nearly a year of warnings by offshore wind companies that their projects might not move... Continue Reading →
US Offshore Wind Development Could Ensure East Coast Grid Reliability
(Reuters) Offshore wind energy development presents an opportunity to add transmission capacity to the U.S. East Coast's power system that could ensure reliability for electric grid, according a study released by the U.S. Department of Energy (DOE) on Thursday. "This would allow offshore wind transmission to provide energy to areas of high demand and reduce... Continue Reading →