German renewable energy group RWE has appointed Dr. Thomas Michel Chief Operating Officer (COO) of the company’s Offshore Wind business as of September 1, 2023. "Michel will take on responsibility for this newly created Board division as a very experienced manager who has worked at RWE for many years," RWE said. RWE said that the... Continue Reading →
In a ‘World first’, Lhyfe’s Sealhyfe Pilot Starts Producing Green Hydrogen in the Atlantic
Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first. The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic, off France, and connected with the SEM-REV power hub. "As of June 20... Continue Reading →
Bureau Veritas Secures Multi-Million East Anglia Three Contract
(OW) Bureau Veritas has been awarded a major contract to provide integrated site services for ScottishPower Renewables’ 1.4 GW East Anglia Three offshore wind farm in the UK. Under the multi-million-pound contract, Bureau Veritas will provide quality, fabrication management, and inspection services, representing ScottishPower Renewables within a significant portion of the project supply chain. In... Continue Reading →
Fugro Expanding Its Offshore Wind Expertise Centre in Virginia
(OW) Fugro will expand its regional centre of expertise for offshore wind, located in Norfolk, Virginia, as the company’s Virginia operations have grown over the past decade with the increase in the number of offshore wind projects on the US East Coast. The expansion, which was announced by Virginia Governor Glenn Youngkin on 26 June,... Continue Reading →
OWC to Acquire Danish Offshore Wind Consultancy Company
(OW) Offshore Wind Consultants, an ABL Group company headquartered in London, has entered into an agreement to acquire 100 per cent of the shares of Denmark-based offshore wind consultancy, Delta Wind Partners (DWP). The acquisition, expected to close in the third quarter, is said to expand OWC’s technical offering in wind turbines and in consultancy at... Continue Reading →
Iberdrola, Partners to Upgrade New York’s Power Grid for Offshore Wind Power Consumption
Spanish renewable energy company Iberdrola said Monday it would help deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company said it would add approximately 90 miles (about 150 km) of new high-voltage transmission lines that will run the distance underground and underwater. "The project will... Continue Reading →
Italy’s Renexia exploring environmentally friendly solutions for floating wind project off Sicily
Renexia, the company behind Italy’s first offshore wind farm and the first to be built in the Mediterranean Sea, has contracted Seas Geosciences to study the most environmentally sustainable mooring and anchoring solutions for Med Wind, a 2.8 GW floating wind project proposed to be built in the Strait of Sicily. Seas Geosciences, part of Sealaska’s Woocheen... Continue Reading →
Petrobras Is Said to Plan First Dollar Bond Sale Since 2021
(Bloomberg) -- Brazil’s state-controlled oil producer Petroleo Brasileiro SA is readying to return to global debt markets with a benchmark sale as soon as Monday, people familiar with the matter said. Petrobras is expected to offer as much as $1.5 billion in 10-year notes, said the people, who asked not to be identified because the... Continue Reading →
IRENA: Annual Renewable Power Additions Must Triple by 2030
In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for raised global ambition in renewables deployment. The WETO 2023: 1.5°C Pathway positions electrification and efficiency as key transition drivers, enabled by renewable energy, clean hydrogen, and sustainable biomass and tracks implementation across all energy sectors.... Continue Reading →
Siemens Energy Shares Tumble 31% as Wind Turbine Troubles Exposed
(Reuters) Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years. The group scrapped its 2023 profit outlook late on Thursday after a review of its wind turbine division exposed deeper-than-expected problems that... Continue Reading →