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Oct. 26 - HydroWing Ltd, the tidal energy division of Inyanga Marine Energy Group, has signed a contract with Ecodetect to introduce AI-driven environmental monitoring solutions to its pioneering tidal stream energy project at Morlais in Wales. Richard Parkinson, CEO of Inyanga Marine Energy Group, says: “Tidal energy projects operate in sensitive marine environments. Ecodetect’s... Continue Reading →
Oct. 21 (offshoreWIND.biz) Japanese construction company Kumagai Gumi has joined Saitec Offshore Technologies and Kansai Electric Power Company (KEPCO) in the DemoSATH floating wind project in Spain, with the partners extending the prototype’s operation at the BiMEP test site through 2027. Under a cooperation agreement, the partners will use the extended operating period for research,... Continue Reading →
Oct 21 (Reuters) - Europe's largest utility, Iberdrola, on Wednesday raised its profit target for this year for the second time and said it expects profit to grow faster than previously forecast, as its focus on power networks pays off. The Spanish company now expects adjusted net profit to grow by at least 10% this... Continue Reading →
Oct. 9 - Brazil could reach an oil production level of 4.9 million barrels per day by 2036, while investments in the expansion and modernization of energy infrastructure are expected to total approximately R$ 3.3 trillion between 2027 and 2036. These projections are part of the Summary Report for the Ten-Year Energy Expansion Plan 2036... Continue Reading →
Oct. 6 (OE) Sumitomo Corporation Global Metals Co., Ltd. (SCGM) and TFI Marine Limited have formed a partnership to introduce innovation into mooring solutions for floating offshore wind and offshore energy projects. The partnership enables and accelerates the deployment of floating offshore wind in Japan and globally, contributing to decarbonization and energy security. Mooring systems... Continue Reading →
Oct. 6 (offshoreWIND.biz) The European Marine Energy Centre (EMEC) has secured GBP 3 million (approximately EUR 3.5 million) from UK Research and Innovation (UKRI) to advance the development of DeepWind, a planned floating and deepwater offshore wind test site in Scotland. The two-year funding, awarded through the UK government’s Infrastructure Fund, will support engineering, environmental,... Continue Reading →
Oct. 6 (offshoreWIND.biz) Verlume, a UK-headquartered subsea batteries and power management systems specialist, has put its 500 kWh modular subsea energy storage system to the test in Aberdeen ahead of planned deployment in the Dutch North Sea, where it will become the world’s first grid-forming subsea battery co-located with offshore wind. Verlume reported on 1... Continue Reading →
Oct. 5 (Aker Solutions) Aker Solutions’ consultancy arm, Entr has been awarded a contract by Net Zero Atlantic to deliver an offshore wind transmission routing and technology study in Canada as part of the Atlantic Canada Offshore Wind Readiness Program (ACORP). In collaboration with Canadian-based C-CORE, a global leader in risk-based advisory services in harsh... Continue Reading →
Oct. 2 (OE) BW Offshore's blue ammonia floating production, storage and offloading (FPSO) concept, jointly developed with McDermott, has received Approval in Principle (AiP) from DNV, advancing the proposed offshore low-carbon ammonia production solution towards further design development. The AiP provides an independent, risk-based assessment of the concept at an early stage and establishes a... Continue Reading →
Sept 30 (Reuters) - US senators from both parties said on Wednesday they have reached a deal to reform laws on the permitting of large energy and infrastructure projects, though a vote will not occur before the midterm elections. The agreement marks a significant milestone in the years-long effort by Congress to overhaul federal permitting,... Continue Reading →
