(Reuters) - Equinor (EQNR.OL) on Friday beat third-quarter profit expectations on strong energy trading and said it had overcome disruptions that hampered oil and gas output, boosting its shares. The Norwegian energy producer lowered its 2023 forecast for oil and natural gas output to 1.5% growth from 3% but said this was caused by extensive maintenance that... Continue Reading →
PGE and GE to test green hydrogen production using offshore wind turbine
(OET) PGE Polska Grupa Energetyczna and GE have signed an agreement for the development of a project aimed at testing the production of green hydrogen using a GE offshore wind turbine. In the planned project, hydrogen would be produced in an electrolyzer using electricity generated from the latest GE wind turbine model intended for the offshore... Continue Reading →
CIP awarded 1.3 GW in New York Bight offshore wind area
(OM) Copenhagen Infrastructure Partners (CIP), through its development platform Vineyard Offshore, was awarded 1.3 GW in the latest solicitation for offshore wind power held by the New York State Energy Research and Development Agency. The award allows Vineyard Offshore to commercialize clean and reliable energy through its Excelsior Wind Project located in lease area OCS-A... Continue Reading →
GE offshore wind business anticipates roughly $1B loss in 2023
(S&P) General Electric Co. executives said the company's offshore wind business expects to record a roughly $1 billion loss for 2023, though its onshore wind segment turned a profit in the third quarter thanks to a nearly 40% increase in North American equipment orders. "Next year, we expect offshore will have similar losses, but substantially... Continue Reading →
Petrobras supports qualification criteria for offshore wind farm auction
(epbr) Petrobras considers that it will be important to adopt qualification criteria in the auctions of areas for the installation of offshore wind farms and thus prevent the entry of companies that do not intend to carry out the projects. “It is important to have objective criteria that separate adventurers from serious investors”, stated the... Continue Reading →
Colombia Eyes Launch for First-ever Offshore Wind Tender
Colombia hopes to launch its first-ever tender to license offshore wind blocks in December, Minister of Mines and Energy Andres Camacho said on Tuesday, adding that the ministry was analyzing more than 50 comments on a draft of the rules. In July, the ministry - then led by ex-Minister Irene Velez - said in a statement that tender documents... Continue Reading →
Masdar to Buy Stake in Iberdrola’s Largest Offshore Wind Project in Scotland
(Reuters) Abu Dhabi's Masdar is set to buy a 49% stake in Spanish utility Iberdrola's largest offshore wind project off Scotland's coast, known as East Anglia 3, Spanish newspaper Cinco Dias reported on Tuesday, citing unidentified market sources. The acquisition will be worth around 2 billion euros ($2.14 billion), the report added, as the entire... Continue Reading →
Netherlands Overshoots 2023 Offshore Wind Target
(OW) The Netherlands will reach, and exceed, the target set in its Offshore Wind Energy Roadmap 2023 by the end of this year. The country’s first offshore wind roadmap, created following the Dutch Energy Agreement signed ten years ago, sets a goal of 4.5 GW of installed capacity by the end of 2023 – and... Continue Reading →
Petrobras begins wind measuring tests with unprecedented technology
Petrobras began a new sequence of wind energy measurements on the coast of Rio Grande do Norte (RN), with version 2.0 of the equipment called Bravo - Remote Offshore Wind Assessment Buoy , an improvement in technology that has never been seen in Brazil, developed by its Research and Development Center (Cenpes). The result of... Continue Reading →
22 MW Offshore Wind Turbine in the Works for 2024/25
Chinese wind turbine manufacturer MingYang Smart Energy has unveiled a new offshore wind turbine model with a rated capacity of 22 MW – the MySE 22MW. The MySE 22MW model would be the most powerful wind turbine in the world and would feature a 310+ metre rotor. Equipped with carbon-fibre blades, the turbine would be... Continue Reading →