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AUG. 28 (OE) Eco Wave Power has completed operational testing at its U.S. pilot wave energy project at the Port of Los Angeles. The operational testing marked the lowering of its floaters into the water for the very first time. The milestone follows the finalization of all installation works at the project site, including full... Continue Reading →
Aug.t 26 (Reuters) U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden's climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for clean energy... Continue Reading →
Aug 26 (Reuters) - Japan's industry and land ministries on Tuesday proposed revising guidelines to extend offshore wind project leases by 10 years, from the current 30 years, to help developers manage soaring construction costs and complete projects. The proposal was submitted to a joint expert panel of the Ministry of Economy, Trade and Industry... Continue Reading →
Aug. 26 (Reuters) A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday. Japan, heavily reliant on energy imports, has turned to renewable energy to bolster energy security and achieve carbon neutrality by... Continue Reading →
Aug 25 (Reuters) - Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments. Orsted, the world's biggest offshore wind farm developer, has already faced mounting challenges, including rising costs, higher interest rates, and supply chain disruptions,... Continue Reading →
Aug 21 (Reuters) - The U.S. Commerce Department said on Thursday it has opened a national security investigation into the import of wind turbines and components. Earlier this week, the department said it was adding wind turbines to a list of products that will face 50% tariffs on the aluminum and steel content. The "Section 232" investigation,... Continue Reading →
Aug. 19 (offshoreWIND.biz) Brazil’s Ministry of Mines and Energy has opened a public consultation on the proposed methodology for selecting the areas that will be allocated for offshore wind development. The methodology involves identifying and designating bidding areas within which project sites can then be proposed and sets out a selection process that would be... Continue Reading →
Aug 18 (Reuters) - Brazil's Petrobras is leaning toward corn as the raw material for a renewed foray into ethanol, potentially sidelining sugarcane and beleaguered sugar producer Raizen, three Petrobras sources familiar with the matter said, citing preliminary evaluations. Energy company Petrobras, majority-owned by Brazil's government, has previously said its potential return to ethanol would involve... Continue Reading →
Aug. 18 - Inyanga Marine Energy Group has announced that Martin Murphy has been appointed as Chair of the Board. Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership background in large international corporations and as an entrepreneur, with... Continue Reading →
Aug. 15 (livescience.com) Chinese engineers have created a prototype floating wind turbine that they say has broken power generation records — potentially ushering in a new generation of renewable power generation. The turbine is the result of research by Chinese energy giant China Huaneng Group and power generator Dongfang Electric Corporation, both of which are state-owned enterprises. Each turbine... Continue Reading →
Brazil Energy Insight 