(OW) Hai Long Offshore Wind Project, a joint venture between Northland Power and Mitsui & Co., has signed a credit agreement to secure TWD 118 billion (approximately USD 3.7 billion) long-term over 20-year non-recourse financing (equivalent of CAD 5 billion) for the 1 GW offshore wind farm in Taiwan. The non-recourse project financing will be... Continue Reading →
US Government Backs Offshore Wind Supply Chain Development, Funds Innovation
(OW) Nine US East Coast states and four federal agencies have signed a memorandum of understanding (MoU) to strengthen regional collaboration on offshore wind supply chain development. In addition, the US Department of Energy (DOE) revealed that multiple projects received funding totalling USD 72 million to address wind energy deployment challenges. According to a press... Continue Reading →
Petrobras informs about offshore wind protocol at IBAMA
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed to the market on 09/13/2023, informs that the request to start the environmental licensing process for ten areas in the Brazilian sea for the development of offshore wind energy projects aims to assess the technical-economic and environmental viability of areas with strong potential for... Continue Reading →
Petrobras studies offshore wind energy projects in new areas off the Brazilian coast
Petróleo Brasileiro S.A. – Petrobras informs that it has submitted a request with Ibama to start the environmental licensing process for ten areas in the Brazilian sea intended for the development of offshore wind energy projects. Of this total, seven areas are in the Northeast (three in Rio Grande do Norte, three in Ceará and... Continue Reading →
New Partnership to Extract Rare Earth Magnets from Retired Wind Turbines for Use in New Ones
(WO)Sustainable materials specialist, EMR, rare earth magnetic materials recycling company, HyProMag, Offshore Renewable Energy (ORE) Catapult, Magnomatics, and the University of Birmingham have formed a partnership which will focus on extracting the rare earth magnets from end-of-life wind turbines and enabling their use in new wind turbines, both onshore and offshore. Named Re-Rewind, the partnership,... Continue Reading →
US to Soon Decide on Whether to Give Go-Ahead to Empire Wind 1 & 2 Offshore Wind Farms
The US Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the Empire Wind 1 & 2 offshore wind farms, proposed to be built offshore New York by a joint venture of BP and Equinor, and plans to issue a Record of Decision (ROD) on whether to approve the project this autumn.... Continue Reading →
EU’s von der Leyen pledges more support for wind industry
(Reuters) - The European Union will put forward a package of measures to support Europe's wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday. "We will fast-track permitting even more. We will improve the auction systems across the EU. We will focus... Continue Reading →
Petrobras signs partnership with WEG for onshore wind power
Petróleo Brasileiro S.A. – Petrobras informs that it has signed a strategic partnership with WEG, a global Brazilian electronics equipment company, for the joint development of a 7 megawatt (MW) onshore wind turbine, the first of this size to be manufactured in Brazil. This project represents an important milestone for Petrobras, as it will increase... Continue Reading →
Neoenergia and the Government of Rio Grande do Norte sign MOU to develop Offshore Wind generation in the coastal region of the state.
(PN) Neoenergia and the Government of Rio Grande do Norte signed a memorandum of understanding to develop studies for the production of offshore wind generation in the coastal region of the state. The agreement also includes mutual cooperation and exchange actions that involve socioeconomic, environmental, technical and regulatory aspects. . The ceremony was attended by... Continue Reading →
Minister of Mines and Energy predicts approval by December of the legal framework for the Offshore Wind sector
(PN) The Minister of Mines and Energy, Alexandre Silveira, said today that the government is working with the National Congress to approve the legal framework for the exploitation of offshore wind energy. The minister highlighted that it is necessary to take advantage of Brazil's great potential in generating energy from this source. “I have worked... Continue Reading →