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(Reuters) British power generator and network operator SSE Plc on Wednesday set out plans to invest up to 40 billion pounds ($50.48 billion) this decade on clean energy projects and called on the government to ensure the country remains competitive. Britain is aiming to ramp up its renewable power capacity as it seeks to meet... Continue Reading →
(OE) Big Western wind turbine makers need direct financial support to make the investments needed to aid decarbonisation, Siemens Gamesa's operating chief said on Tuesday. The challenge for a turbine maker like Siemens Gamesa, a unit of Germany's Siemens Energy ENR1n.DE, to grow is that it needs to invest billions of euros but does have... Continue Reading →
(OE) The first of three SBM Offshore designed foundations of the Provence Grand Large floating wind farm was floated out this week at the fabrication yard in Fos-sur-Mer, France. Eiffage Metals, the Fos-sur-Mer fabrication yard owner, said Monday:”The three [floating foundations] of this [offshore wind farm] were assembled in our plant in Fos-sur-Mer. These tripod-shaped... Continue Reading →
(OE) Growing demand for cleaner energy sources means offshore wind farms are being built all over the world. More than 5,000 turbines must be installed each year until 2050 to limit global warming to 1.5℃. But in certain regions, like California, it is difficult to build wind turbines directly on the seafloor due to the... Continue Reading →
(OW) All five innovation projects selected in Scotland’s INTOG (Innovation and Targeted Oil & Gas) leasing round have now signed exclusivity agreements with Crown Estate Scotland, which allows the developers to start offshore wind development work while Marine Scotland’s planning process for the INTOG Sectoral Marine Plan (INTOG SMP) is completed. The INTOG leasing round has three... Continue Reading →
(Reuters) - Equinor (EQNR.OL) will postpone indefinitely its planned Trollvind floating offshore wind farm project in Norway, the Norwegian energy company said on Monday. "This decision is based on several challenges facing the project, including technology availability, rising cost and a strained timetable to deliver on the original concept," Equinor said in a statement. Equinor initially mooted... Continue Reading →
(epbr) Petrobras is considering investing first in projects for new renewable energy sources — such as offshore wind — abroad, in countries where the legal frameworks are already more consolidated, before starting to develop its own projects in Brazil, said the Energy Transition director of the company, Maurício Tolmasquim. In Brazil, the first steps may... Continue Reading →
(OW) The BlueFloat Energy and Renantis partnership has signed exclusivity agreements with Crown Estate Scotland to develop its Sinclair and Scaraben innovation projects which will now be part of a phased delivery of the partnership’s Broadshore project. The two 99.5 MW floating offshore wind farms will now be developed as part of a phased delivery... Continue Reading →
(EV) Shell (LON: SHEL) is seeking to sell French floating wind developer Eolfi, a potential retreat from one element of its renewable power plans as new Chief Executive Officer Wael Sawan pushes to deliver greater value to shareholders. The oil major is exploring the sale just a few years after it acquired Eolfi, according to people familiar with the matter, who asked... Continue Reading →
(OE) The shareholders of the TetraSpar Demonstrator floating wind project, Shell, TEPCO Renewable Power, RWE and Stiesdal Offshore, have launched an innovation challenge to accelerate the technical advancement of floating offshore wind. To encourage such innovation the partners have launched the global “TetraSpar Innovation Challenge”. The aim of the competition is to identify innovative solutions that... Continue Reading →
Brazil Energy Insight 