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(Reuters) - Colombian state energy company Ecopetrol is selling more of its oil production to Europe, replacing Russian supplies, while it sees growing competition for market share in Asia. About 40-50% of Ecopetrol's crude production is exported to Asia this year compared with 60% last year, Ecopetrol's Chief Executive Officer Felipe Bayon told Reuters on... Continue Reading →
(Reuters) - Spanish power company Iberdrola (IBE.MC) hired Barclays' (BARC.L) investment bank to sell up to 49% in a portfolio of Spanish renewable power projects, Expansion newspaper reported on Monday, citing unidentified market sources. Iberdrola is considering selling a stake in a series of wind and solar power projects, most of them still in development, with a total capacity... Continue Reading →
(Reuters) - Shell (SHEL.L) has pulled out of two offshore wind projects in the west of Ireland operated by Simply Blue Group a year after the British company acquired stakes in the developments. Shell and Simply Blue said in a joint statement on Saturday that Shell's withdrawal from the Western Star and Emerald projects was a "portfolio... Continue Reading →
50 out of the 114 Vestas V164-10.0 MW turbines have been installed at the 1.1 GW Seagreen offshore wind farm, Scotland’s largest and the world’s deepest fixed-bottom offshore wind farm. (OW) The wind turbines are being transported from Vestas’ turbine marshalling base at Able Seaton Port in Hartlepool and installed at the site by Cadeler’s... Continue Reading →
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator. The pilot was launched yesterday (Septmeber 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot, as part its drive towards large-scale carbon reduction. It involves Lhyfe's new Sealhyfe 400 kg/day (1MW equivalent) green hydrogen producing electrolyser... Continue Reading →
Corio Generation has completed a geophysical survey at the site of its 450 MW offshore wind project in Ireland, after applying for Maritime Area Consent (MAC) in June this year with an aim to compete in Ireland’s first Offshore Renewable Electricity Support Scheme which opens in early 2023. The project is the Sceirde Rocks offshore... Continue Reading →
Floating wind developer Hexicon has appointed China's Mingyang as the preferred wind turbine generator (WTG) supplier for its TwinHub project in the Celtic Sea. Hexicon has also awarded the firm the WTG front end engineering and design (FEED) contract for the project. The 32MW project is expected to be commissioned and exporting clean power between... Continue Reading →
(Reuters) Shell's incoming Chief Executive Wael Sawan is set to accelerate the group's drive to build its renewable energy business, including through a possible "transformative" clean power acquisition, company and industry sources said. Sawan will from January take on a firm with a strong balance sheet after a surge in oil and gas prices, but... Continue Reading →
CorPower Ocean, Maersk Supply Service, and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 wave energy demonstration project. The novel anchor has been installed 4 kilometers off the coast of Aguçadoura, in northern Portugal, where it will be used to anchor the CorPower C4 wave energy converter, as part of the company’s... Continue Reading →
Spanish utility and Naturgy and Norway's Equinor are targeting a 200MW floating offshore wind project in the Canary Islands. Following an agreement to work together, made earlier this year, the firm's are targeting the Floating Offshore Wind Canarias (FOWCA) project in the maritime area of eastern Gran Canaria.The FOWCA project, which would be connected to the... Continue Reading →
Brazil Energy Insight 