Category: Renewables

Brazil National Energy Policy Council (CNPE) Establishes Guidelines for Regulating the Use of Offshore Energy Potential

April 1 (MME) The National Energy Policy Council (CNPE) approved, this Wednesday (April 1st), the resolution establishing the Guidelines for regulating Law No. 15,097/2025, on Offshore Wind Energy. The approval complies with the legal framework sanctioned in January 2025 and the deadlines established for the activities of the Offshore Wind Energy Working Group (GT-EO), instituted... Continue Reading →

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Exclusive: Renewables grew to almost 50% of global electricity capacity in 2025 after solar boost

March 31 (Reuters) - Renewable power made up almost 50% of the world’s electricity capacity last year after a record ‌increase in solar installations, data from the International Renewable Energy Agency shared exclusively with Reuters showed on Tuesday. As the Middle Eastern conflict has led to record monthly gains on oil markets, some in industry have lobbied... Continue Reading →

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Renewable energy producers downsize operations in Brazil due to operational restrictions

March 31 (Reuters) - Brazil's renewable energy sector is facing severe headwinds, with major ​power generators scaling back operations and cutting jobs due to generation restrictions that the national grid ‌operator imposed on wind and solar plants in 2023, companies told Reuters. Atlas Renewable Energy, owned by Global Infrastructure Partners (GIP) under BlackRock, Newave Energia,... Continue Reading →

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Iberdrola Awards $4B Contracts for UK Subsea Power Link

March 30 (OE) Iberdrola has awarded contracts to Siemens Energy and Prysmian, worth more than $4 billion (€3.5 billion), for the development of the Eastern Green Link 4 subsea electricity interconnector between Scotland and England. Under the agreements, Siemens Energy will supply two high-voltage direct current converter stations, while Prysmian will provide more than 640... Continue Reading →

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Equinor Strengthens Energy Portfolio in Brazil

March 24 (TN) Equinor has acquired the 230 MW Esquina do Vento onshore wind farm complex from Vestas, which is ready for construction. With this investment, Equinor expands its broad energy offering in Brazil, further strengthening its portfolio for long-term growth in one of the company's key markets. The complex, which will have 51 turbines,... Continue Reading →

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US Gov’t, TotalEnergies Strike USD 1 Billion Deal; Company to Invest Reimbursed Offshore Wind Fees in Its Oil & Gas Projects

March 24 (offshoreWIND.biz) The US Department of the Interior (DOI) and TotalEnergies have signed settlement agreements to terminate the company’s two offshore wind leases in the United States, confirming recent reports that a deal was being drafted under which TotalEnergies would be reimbursed USD 928 million (around EUR 806 million) paid in lease fees. Under... Continue Reading →

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