Sumitomo joins Albatross to commercialise floating axis wind turbines

Sept. 11 (splash247.com) Sumitomo Heavy Industries and Albatross Technology have formed a capital and business alliance to speed up the development of floating axis wind turbines (FAWTs), with the partners preparing to move from small-scale testing to a 2MW-class offshore demonstrator. The cooperation will cover turbine design, production, installation, and maintenance, and the partners will... Continue Reading →

Clean Hydrogen Investment Tops $130 Billion

Sept. 10 (oilprice.com) The oil and gas supply shock amid the Middle East conflict has accelerated cumulative global investments in clean hydrogen to above $130 billion across more than 570 projects, as energy security has become a key driver of uptake alongside industrial growth and decarbonization targets, the Hydrogen Council said in a new report... Continue Reading →

Scotland Finances Plans to Produce Floating Offshore Wind Foundations at Port of Ardersier

Sept. 10 (offshoreWIND.biz) Scotland's Highlands and Islands Enterprise (HIE) has approved more than GBP 778,000 in Scottish Government funding for plans to produce floating offshore wind foundations at Port of Ardersier. The funding will support an 18-month front-end engineering design (FEED) study led by the France based company BW Ideol, a subsidiary of BW Ideol... Continue Reading →

Dominion Energy, NextEra secure shareholder approvals for merger deal

Sept 3 (Reuters) - Shareholders of Dominion Energy and NextEra Energy approved the companies' proposed $66.8 billion merger ​deal, according to regulatory filings on Thursday. The companies had announced their plan ‌to merge in May, which is expected to create one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. Virginia-based... Continue Reading →

Singapore and Brazil to establish green and digital shipping corridor

Sept. 1 (marinereport) Singapore and Brazil have inked a deal that will establish their green and digital shipping corridor. In a statement, the Maritime and Port Authority of Singapore (MPA) said the two markets signed the memorandum of understanding to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC).  The partnership will strengthen cooperation between Singapore and... Continue Reading →

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