Brazil announces new auction to lure foreign capital into green projects with FX hedge mechanism

Oct 8 (Reuters) - Brazil's government on Wednesday detailed a new Eco Invest auction to attract foreign equity into innovation and sustainability projects, offering a foreign-exchange hedge mechanism for the first time. The government will channel Climate Fund resources to financial institutions to structure foreign-exchange and performance risk-hedging mechanisms, which the Finance Ministry said would... Continue Reading →

October 9, 2025 0

Brazil risks postponing the first offshore wind auction in 2026

Oct. 8 (Agencia Eixos by Gabriel Chiappini and Gustavo Gaudarde) The Working Group, announced last week, to discuss the regulation of offshore wind power, by the National Energy Policy Council (CNPE), has dashed the hopes of industry representatives that the third Lula administration would hold the first auction for the transfer of land for offshore... Continue Reading →

October 8, 2025 0

Bureau Veritas Certifies 25MW French Floating Wind Farm

Oct. 8 (OE) Bureau Veritas Marine & Offshore (BV) has issued a certification for the recently inaugurated 25 MW Provence Grand Large floating offshore wind project, developed and owned by EDF Power Solutions, Enbridge and CPP Investments. BV has been involved in Provence Grand Large project journey since 2017, applying international certification methodologies. The certification... Continue Reading →

October 8, 2025 0

China Accelerates Offshore Wind Growth as US Faces Headwinds

Oct. 7 (offshoreWIND.biz) As the US seeks to reduce reliance on Chinese supply chains by prioritising domestic oil and gas, its offshore wind sector has faced many challenges, from policy setbacks to rising inflationary costs. Meanwhile, Rystad Energy projects that China will account for 45 per cent of global offshore wind capacity by 2030. Despite... Continue Reading →

October 7, 2025 0

Japan Selects Two New Sites for Offshore Wind Development

Oct. 3 (offshoreWIND.biz) Japan’s Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) have identified two sites off Akita City and Hibikinada Sea as promising offshore wind areas, while three sites off Chiba, Nagasaki, and Kagoshima have been marked as preparation areas. The newly designated promising areas... Continue Reading →

October 3, 2025 0

Samsung Heavy Industries Gets ABS Approval in Principle for Semi-Sub Floater Design

Oct. 3 (offshoreWIND.biz) Samsung Heavy Industries (SHI) has received an approval in principle (AiP) from ABS for its new semi-submersible floating wind turbine design, named SnapWind Float. The AiP from ABS comes shortly after the design was issued an Approval in Principle by the Korean Register (KR). The SnapWind Float, designed for 15 MW offshore wind... Continue Reading →

October 3, 2025 0

BP to seek partner for Brazil deepwater oil discovery

Oct 2 (Reuters) - BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday. The British company, which currently holds 100% of the block, in August announced that Bumerangue was its largest oil... Continue Reading →

October 2, 2025 0

Government Formalizes Working Group to Regulate Offshore Wind Energy in Brazil

Oct. 1 - The National Energy Policy Council (CNPE) approved a resolution creating the Offshore Wind Working Group (GT-EO), with the objective of proposing measures necessary for the regulation and effective implementation of Law No. 15,097 of January 10, 2025 (Offshore Wind Law) in Brazil. Coordinated by the Ministry of Mines and Energy (MME), the... Continue Reading →

October 2, 2025 0

25 MW Provence Grand Large Floating Wind Farm Inaugurated

Oct. 2 (offshoreWIND.biz) The 25 MW Provence Grand Large floating offshore wind farm in France, developed by EDF, Enbridge, and CPP Investments, has been officially inaugurated. The Provence Grand Large floating wind project has been operating for many months, supplying electricity to the Provence-Alpes-Côte d’Azur region. It is the first floating offshore wind project in... Continue Reading →

October 2, 2025 0

TotalEnergies launches savings plan, cuts capex after rising debt worries investors

Sept 29 (Reuters) - TotalEnergies will cut its annual capital expenditure by $1 billion, it said on Monday, as the French oil major sought to soothe investor fears over slow asset sales and rising debt at a meeting with investors in New York. The reduction in capex, to around $15–17 billion annually between 2027 and 2030,... Continue Reading →

September 29, 2025 0

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Category: Renewables

Brazil announces new auction to lure foreign capital into green projects with FX hedge mechanism

Brazil risks postponing the first offshore wind auction in 2026

Bureau Veritas Certifies 25MW French Floating Wind Farm

China Accelerates Offshore Wind Growth as US Faces Headwinds

Japan Selects Two New Sites for Offshore Wind Development

Samsung Heavy Industries Gets ABS Approval in Principle for Semi-Sub Floater Design

BP to seek partner for Brazil deepwater oil discovery

Government Formalizes Working Group to Regulate Offshore Wind Energy in Brazil

25 MW Provence Grand Large Floating Wind Farm Inaugurated

TotalEnergies launches savings plan, cuts capex after rising debt worries investors

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