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(Reuters) - The Green Investment Group (GIG), owned by Macquarie Asset Management, will launch a new platform to develop battery storage capacity across the world, it said on Monday. The platform, called Eku Energy, will have 190 megawatt hours of flexible storage capacity under construction on completion of the launch and a further pipeline of... Continue Reading →
(OE) Floating wind developer BlueFloat Energy has selected K2 Management as owner's engineer for the development of its first offshore floating wind project in Taiwan ahead of the upcoming round three market auction. With a planned capacity of 1 GW, the wind farm is named ‘Winds of September’ for the strong winds blowing in the... Continue Reading →
Philip Lewis, Contributor Intelatus Global Partners October saw the first offshore construction activity for a commercial scale U.S. offshore wind farm. Two cable layers have commenced the laying of Vineyard Wind’s export cable. This important milestone was also accompanied by complaints around the deployment of foreign flag workboats to support the cable layers. At the same... Continue Reading →
Sandbrook Capital has acquired a majority stake in the the Norwegian offshore installation services company Havfram and has committed $250 million to fund the company's future growth. The new capital will be used to build a fleet of vessels for installation of offshore wind turbines and foundations (“WTIVs”). As part of the transaction, Havfram’s subsea... Continue Reading →
(Reuters) Norwegian oil and gas major Equinor on Monday said it was interested in developing a "gigawatt scale" floating offshore wind project off the coast of Britain in the Celtic Sea in connection with an upcoming seabed leasing round. The project is part of Crown Estate plans to offer leases to the industry next year,... Continue Reading →
(Reuters) - French energy giant TotalEnergies (TTEF.PA) has pulled ahead of rivals Shell (SHEL.L) and BP in the race to build up a renewables business, data collected by Reuters shows. But despite the growing focus on the climate, investors remain cautious for now, with shares of the three European giants trailing their oil and gas-focused U.S. rivals Exxon Mobil... Continue Reading →
(TN) Australian renewable green energy developer Fortescue Future Industries (FFI) and Enel's global renewable energy arm, Enel Green Power S.p.A. (EGP), today announced that they will partner to explore the co-development of the green hydrogen value chain, with an initial focus on Latin America and Australia. FFI and EGP share a common view on the... Continue Reading →
(OE) Energy industry expert and assurance provider DNV has completed Lenders’ Technical Due Diligence on Ørsted’s Hornsea 2 project, the world’s largest offshore wind farm in operation. DNV performed an independent energy yield assessment and carried out a thorough technical due diligence investigation on all aspects of the offshore wind farm and the related offshore... Continue Reading →
Singapore-based Sembcorp Marine said Friday its subsidiary Sembmarine SLP had won a Planned Preventative Maintenance (PPM) contract with the Danish offshore wind developer Ørsted for the Hornsea 2 offshore wind farm, one of the world’s largest wind farms located 89 km off the Yorkshire coast in the UK North Sea. The PPM contract involves the... Continue Reading →
(OED) Cable installation has kicked off at Vineyard Wind, the U.S. first commercial scale offshore wind farm, at a site located 15 miles south of Martha’s Vineyard. Vineyard Wind, the company developing the namesake wind farm, also announced that it expects to begin nearshore cable work off the south coast of Cape Cod in... Continue Reading →
