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by Gabriel Chiappini (exios.com.br) The review of the incentive policies of the Inflation Reduction Act (IRA) in the United States and the withdrawal of the world's largest economy from the Paris Agreement, under the Donald Trump administration, opens up new opportunities for Brazil to attract investments in green projects, such as wind generation and green... Continue Reading →
(offshore-energy.biz) A geophysical and geotechnical survey conducted offshore Viana do Castelo by Portugal’s WavEC Offshore Renewables has provided data on the seabed’s characteristics, supporting the development of floating offshore renewable energy projects. The study, carried out within the Technological Free Zone (ZLT), is part of the EU-SCORES initiative and was commissioned by WavEC to Instituto Hidrográfico –... Continue Reading →
(Reuters) New York's utility regulator on Thursday granted a unit of Norwegian energy firm Equinor permission to build and operate transmission facilities for the company's Empire Wind 1 offshore wind farm under construction off the state coast. The transmission line for the project runs about 17.5 miles (28.2 kilometers) from the boundary of New York State... Continue Reading →
(Reuters) Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as the projects they were meant to serve face huge setbacks, including President Donald Trump's plan to end federal support. The pullback reflects the trickle-down effect of a dramatic downturn in the U.S. offshore wind industry over... Continue Reading →
(Reuters) Britain opened an incentive scheme on Thursday for offshore wind projects, seeking to persuade developers to provide the investment to meet an ambitious goal of decarbonising the country's energy system by 2030. The scheme, called the 'Clean Industry Bonus', will provide successful bidders with an initial 27 million pounds ($33.5 million) in funding for... Continue Reading →
(offshore-energy.biz) Global Underwater Hub (GUH) has launched a new initiative to tackle subsea cable reliability, a critical factor in offshore wind development, as the UK pushes to meet its clean energy targets. The industry body, representing the UK’s £9.2 billion (around $11,3 billion) underwater sector, has published a white paper outlining the need for improved... Continue Reading →
(offshoreWIND.biz) Les Eoliennes Flottantes du Golfe du Lion (EFGL), a consortium comprising Ocean Winds and the Banque des Territoires which is developing the 30 MW floating wind pilot project in the French Mediterranean Sea, has selected Euroports’ Port-La Nouvelle as the site for its operation and maintenance (O&M) base. Euroports, the operator of a terminal... Continue Reading →
(offshoreWIND.biz) The Norwegian government has cancelled plans for another fixed-bottom offshore wind tender in the North Sea due to cost concerns, shifting its focus toward developing floating offshore wind projects. On 10 February, the Ministry of Energy announced that it no longer plans to advertise the Sørvest F later this year, which is an extension... Continue Reading →
(offshoreWIND.biz) Ørsted will reduce the investment programme the company planned to implement by 2030 by around 25 per cent, saying the reduction was in line with its commitment to ensure a capital structure that can support a solid investment grade credit rating. The slimmed-down strategic investment programme will not affect Ørsted’s construction portfolio which totals... Continue Reading →
(Reuters) - The cost of clean energy technologies worldwide, such as wind, solar and battery storage, are expected to fall further this year, a report by BloombergNEF showed on Thursday, despite rising protectionism in the form of tariffs on green energy imports. WHY IT'S IMPORTANT New wind and solar farms already undercut the production costs... Continue Reading →
Brazil Energy Insight 