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(OE) RWE, the U.K.’s largest power generator, has signed a 10-year power purchase agreement (PPA) with Telehouse International Corporation of Europe to supply it with green electricity from the London Array offshore wind farm. Under the agreement, RWE will supply a substantial amount of the renewable energy used at Telehouse’s London Docklands campus, Europe’s most... Continue Reading →
(offshoreWIND.biz) Saipem has unveiled its Star1 semi-submersible floating wind foundation technology. The star-like shape foundation was recently selected for two floating wind projects planned to be built in Italy. The steel semi-submersible floating wind foundation consists of three arms converging at the centre, where the tower supporting next-generation turbines is installed, including those exceeding 20... Continue Reading →
(offshoreWIND.biz) Offshore windfarm projects currently in development present unique business challenges, even for experienced developers and operators. Newer sites are increasingly far from shore, in harsher metocean conditions, spread over large areas, and utilising floating structures. Floating turbines, which use mooring line systems to connect to anchors, exhibit the greatest challenges. The lines are vulnerable... Continue Reading →
(offshoreWIND.biz) Japan’s Floating Offshore Wind Technology Research Association (FLOWRA) has signed a memorandum of understanding with the Offshore Renewable Energy Catapult (ORE Catapult) in the UK to consider collaboration on technology development in the floating offshore wind sector. The MoU aims to lay the groundwork for concrete activities to reduce costs and risks in the... Continue Reading →
(Reuters) - Spanish energy company Iberdrola is seeking a partner willing to buy a minority stake in a roughly 1 gigawatt renewables portfolio, according to two people familiar with the matter. The sources described the project as "Romeo 2.0," referring to a 1.3 GW portfolio of wind and solar assets in which Norway's sovereign wealth... Continue Reading →
(oilprice.com) Latin America has long been a dominant force in the global energy market, built on vast oil and gas reserves. While the world increasingly eyes renewable sources of energy for the future, hydrocarbons remain the bedrock of economic stability for the region. As energy demand evolves, national oil companies (NOCs) must not forsake oil,... Continue Reading →
(offshoreWIND.biz) Freja Offshore, a joint venture between Hexicon and Mainstream Renewable Power, has been granted a Natura 2000 permit for the Mareld floating offshore wind farm in Sweden by the County Administrative Board of Västra Götaland. The project is planned to be built approximately 40 kilometres west of Lysekil, off the coast of Bohuslän, in... Continue Reading →
(offshoreWIND.biz) ABS has approved the Front-End Engineering Design (FEED) documents for a deepwater floating offshore wind platform design developed by ECO TLP and Mocean Offshore. According to ABS, with FEED documents approved, the platform design now moves into commercialisation for site-specific projects. “ABS approval for non-site-specific FEED for a wide range of water depths and... Continue Reading →
(Reuters) - Colombia's majority state-owned oil producer Ecopetrol is planning to raise up to $2 billion in additional debt this year to fund investments, and would consider seeking funds from banks and capital markets, a top official said on Wednesday. The debt would be used to fund inorganic investments, such as the acquisition of new assets... Continue Reading →
Saipem and Divento, a partnership between Copenhagen Infrastructure Partners (CIP, through the “flagship” fund Copenhagen Infrastructure V), GreenIT, a joint venture between Plenitude (a Company controlled by Eni) and CDP Equity (CDP Group), 7 Seas Wind Power and NiceTechnology, have signed a collaboration agreement involving the application of STAR 1, Saipem's proprietary technology for floating wind, in favour... Continue Reading →
Brazil Energy Insight 