Scottish Start-Up Unveils Floating Offshore Wind Installation Solution

(OW) Encomara, a Scottish newcomer, has launched a solution for the installation of floating offshore wind turbines. The company’s turbine installation technology, designed to enhance life-cycle efficiency, safety, sustainability, and reliability, is applicable regardless of water depth, according to Encomara. The company’s pioneering Strategic Wind InFrastructure (SWIFT) system is said to integrate new and established... Continue Reading →

October 5, 2023 0

Japanese Shipping Giant Buys Into Norwegian Floating Wind Firm

Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer. "The transaction generates significant capital which will be used to further strengthening Odfjell Oceanwind’s position as a global leader and frontrunner in floating offshore wind technologies. Odfjell Technology Ltd.... Continue Reading →

October 5, 2023 0

Prysmian sees profit boosted by green energy and digital trends

(Reuters) - Italy's Prysmian (PRY.MI) aims at to increase core profit by around a third by 2027 as the world's largest cable maker takes advantage of opportunities from the global push towards cleaner energy and the digital transformation. Prysmian was at the crossroads of long term market trends of increased renewable generation, growing electricity demand, expanding power... Continue Reading →

October 5, 2023 0

Petrobras 70 years

Founded on October 3, 1953, Petrobras developed alongside Brazil and became the largest company in the country, an icon for Brazilians. An international reference in the oil and gas sector, the company has achieved notable achievements and has become a company of global relevance. The boosting of the energy industry, the discovery of the pre-salt,... Continue Reading →

October 4, 2023 0

Rhode Island to Issue 1,200 MW Offshore Wind Call

(OW) Rhode Island Energy, the largest utility in Rhode Island, will be issuing a new Request for Proposals (RFP) to solicit approximately 1,200 MW of offshore wind, Governor Dan McKee unveiled on 28 September. Rhode Island Energy is expected to issue its RFP this month, with proposals being due in early 2024 and a potential selection being made... Continue Reading →

October 4, 2023 0

Nauticus Robotics to Acquire 3D at Depth in $34M All-stock Deal

(OE) Nauticus Robotics, a developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has agreed to acquire 3D at Depth, a specialist in commercial subsea laser LiDAR (Light Detection and Range) inspection and data services. Nauticus Robotics will acquire 3D at Depth for approximately $34 million in stock, before... Continue Reading →

October 4, 2023 0

EDF Renewables, MOL Ink Offshore Wind and Green Hydrogen MoU

(OW) Japan-based Mitsui O.S.K. Lines (MOL) and EDF Renewables have signed a memorandum of understanding (MoU) to cooperate on offshore wind and green hydrogen business development. With this MoU, both partners agree to collaborate and bring together their respective and complementary knowledge and experience in offshore wind energy as well as in green hydrogen solutions.... Continue Reading →

October 4, 2023 0

TotalEnergies and Macquarie Unit Bid to Build New Jersey Offshore Wind Farm Amidst U.S. Challenges

(Reuters) A wind energy developer owned by France's TotalEnergies and a unit of Macquarie said on Monday it is bidding to build a wind farm off New Jersey's coast, expressing confidence in the sector after a series of U.S. setbacks. Spinning power from coastal wind turbines is central to President Joe Biden's plan to decarbonise... Continue Reading →

October 4, 2023 0

Offshore Wind: Support Vessel Bottlenecks Loom in the US

Eric Haun, Editor (OE) An offshore wind industry is growing in the U.S. with an aim to meet the Biden Administration’s goal of 30 gigawatts (GW) of offshore wind by 2030, and eventually 110 GW by 2050. But as is the case for any new industry that is building up, there are going to be bumps... Continue Reading →

October 2, 2023 0

Petrobras is the largest developer of wind energy projects in Brazil

Petrobras assumed the position of the largest developer of wind projects in the country, in another fundamental step towards the energy transition. An advance that is due to the partnership with WEG, signed this month, to develop the largest onshore wind turbine in Brazil, with a potential of 7 MW – enough to supply a... Continue Reading →

October 2, 2023 0