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Feb. 17 (offshoreWIND.biz) The New York State Energy Research and Development Authority (NYSERDA) has closed the state’s fifth offshore wind solicitation, launched in 2024, without awarding any offshore renewable energy credits (ORECs). The state agency has also launched a Request for Information (RFI) to inform a potential process through which the state would support the... Continue Reading →
Feb. 16 (oilprice.com) Latin America is attracting greater attention from international investors thanks to its strong renewable energy and critical mineral potential. In recent years, the region’s green energy capacity has steadily grown, while more mineral mining projects are developed, and the electric vehicle (EV) market is beginning to expand. As the United States takes... Continue Reading →
Feb. 13 (offshoreWIND.biz) DNV has issued a prototype certificate for a mooring line component which mitigates dynamic mooring and platform loads on floating wind turbines, developed by the Irish engineering company Dublin Offshore. The certificate for Dublin Offshore’s load reduction device (LRD) was issued following completion of the prototype certification process in line with DNV‑SE‑0422... Continue Reading →
Feb. 12 (OE) GustoMSC, through its parent company NOV, has secured contracts for the design and supply of critical equipment for Hanwha Ocean’s new wind turbine installation vessel (WTIV), based on the GustoMSC NG-16000X design, with delivery scheduled for the second quarter of 2028. The vessel will be the fourth based on the NG-16000X platform,... Continue Reading →
Feb. 10 - HydroWing Tidal Energy Projects, part of Inyanga Marine Energy Group, has been awarded a further 10MW for its Ynni’r Lleuad Project at Morlais in Wales in today’s announcement of the UK government’s Allocation Round 7a (AR7a) Contracts forDifference (CfD) awards. This additional capacity builds on the 20MW already awarded to HydroWing through earlier rounds... Continue Reading →
Feb. 10 (Reuters) BP posted quarterly profit in line with analyst expectations on Tuesday and suspended its share buyback programme as it wrote down around $4 billion in its renewables and biogas businesses. BP, whose new CEO Meg O'Neill will start in April, said it would allocate the excess cash to invest in oil and... Continue Reading →
Feb 6 (Reuters) - Denmark's Orsted reported sharply higher fourth-quarter cash flow and a bigger-than-expected reduction in debt, as the group boosts its balance sheet to navigate U.S. President Donald Trump's clampdown on offshore wind. Orsted expanded rapidly over the past decade, but more recently faced higher costs from supply chain disruption and inflation, and faces regulatory... Continue Reading →
Feb. 6 (offshoreWIND.biz) The US state of Massachusetts and the Canadian province of Nova Scotia have signed a Memorandum of Understanding (MoU) to deepen cooperation on offshore wind development, seeking to align planning, workforce training, transmission planning and supply chain development across the North Atlantic region. Massachusetts Governor Maura Healey and Nova Scotia Premier Tim... Continue Reading →
Feb 5 (Reuters) - HIF Global expects significantly lower costs for its green-hydrogen plant in Brazil and hopes to secure financing for the first of four planned modules in the middle of next year, the company's Latin America chief executive said on Thursday. The e-fuels maker had put a $4 billion price tag on the... Continue Reading →
Feb. 5 - SMST has been selected by Marco Polo Marine to deliver a comprehensive mission equipment package for the company’s first‑of‑its‑kind Commissioning Service Operation Vessel Plus (CSOV‑Plus). The scope comprises an Access & Cargo Tower fitted with a motion compensated gangway (Telescopic Access Bridge L2) and a 100t knuckle boom crane, enabling safe and... Continue Reading →
Brazil Energy Insight 