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(Zacks) TotalEnergies SE TTE unveiled its long-term strategy and outlook, reaffirming the need for a balanced multi-energy strategy considering the developments in the oil, gas and electricity markets. Given the ongoing transition in the energy space, the company will generate more clean electricity from renewable sources.TotalEnergies plans to increase its global energy production by 4% per... Continue Reading →
(offhsoreWIND.biz) The US State of Maine and the Federal Bureau of Ocean Energy Management (BOEM) have agreed on a floating offshore wind research lease in the Gulf of Maine, which could allow for the deployment of twelve floating wind turbines capable of generating 144 MW. The research lease site, an area of up to 15... Continue Reading →
(OE) Samsung Heavy Industries (SHI) and Equinor have signed a preferred supplier agreement for floating structures for the 750 MW Bandibuli offshore wind project being developed in South Korea. The supplier agreement for the fabrication and marshalling of the floating substructures for Bandibuli’s wind turbines was signed by SHI and Equinor on August 7, 2024.... Continue Reading →
(OE) CADEMO Corporation, established by Floventis, and California Community Power (CC Power) have signed a memorandum of understanding (MoU) to facilitate the development of the 60 MW floating wind project off the California coast. The MoU is intended to establish a collaborative engagement between CC Power, a joint powers authority that conducts joint power procurement... Continue Reading →
(Reuters) - Norway's Equinor (EQNR.OL), opens new tab is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday. New York State authorities in February awarded the project a new conditional power purchase contract, replacing a previous... Continue Reading →
(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 →
(OE) Germany's top utility RWE has signed six new power purchase agreements (PPAs) with major industrial customers for the supply of around 1,000 GW/h of green power per year from its Kaskasi offshore wind farm, starting from 2026. The PPAs have been signed between RWE Supply & Trading and DHL Group, Ensinger, Evonik, Infraserv Höchst,... Continue Reading →
Brazil Energy Insight 