(Reuters) The U.S. offshore wind industry reached an important milestone on January 2 when Vineyard Wind 1, the country’s first large scale project, supplied first power to the Massachusetts grid. “As the nation’s first utility-scale offshore wind farm this is a fairly momentous event,” Ken Kimmell, Chief Development Officer for Avangrid, the Iberdrola subsidiary co-developing the... Continue Reading →
US DOE Launches $14.5M Marine Energy Research Call
The U.S. Department of Energy's (DOE) Water Power Technologies Office (WPTO) and Wind Energy Technologies Office (WETO) have released a $14.5 million funding opportunity to support foundational research at higher education institutions related to marine renewable energies. The call is aimed at domestic institutions of higher education, including minority-serving institutions, as part of an effort... Continue Reading →
bp signs memorandum for production of green hydrogen and derivatives in Ceará
(epbr) The British oil company bp signed a Memorandum of Understanding (MoU) with the government of Ceará to study the construction of a production plant for green hydrogen and derivatives, such as green ammonia, in the Industrial and Port Complex do Pecém (CIPP). This is the 36th memorandum signed between the state government and national... Continue Reading →
US energy tax credit trading grows to as much as $9 billion, study finds
(Reuters) - Developers of renewable energy projects selling unused U.S. tax credits to other companies now account for a market worth between $7 billion and $9 billion, buoyed by legislation in 2022 that made these trades possible, a new study shows. President Joe Biden's climate law aimed to stoke trillions of dollars of investment to wean the economy off... Continue Reading →
1.2 GW Taiwanese Floating Offshore Wind Project Moves Forward
The Huan Ya offshore wind project, being developed by Taiya Renewable Energy, has received preliminary approval of its Environmental Impact Assessment (EIA). The Huan Ya offshore wind project will be located off the coast of Zhunan Township, Hualien Township, and Tongxiao Township in Miaoli County, Taiwan. The wind farm’s surface area is about 74.08 square... Continue Reading →
Developers Submit EIA for 1.3GW Floating Wind Project Offshore Italy
(OE) The Environmental Impact Assessment (EIA) procedure has begun for Odra Energia, the proposed 1.3 GW floating offshore wind project that the partnership between Renantis and BlueFloat Energy plans to develop off the southern coast of the province of Lecce in Italy. After a year-long assessment and research phase, the EIA study was submitted to... Continue Reading →
Petrobras and partner companies advance in wind studies in the Pre-Salt region
(PN) Petrobras, Shell Brasil, TotalEnergies, CNPC and CNOOC and the Federal University of Rio Grande do Sul (UFRGS) kicked off a series of studies that aim to map the offshore wind potential of the pre-salt region. The first data relating to the study is being collected in the Buzios field, and the work will soon... Continue Reading →
BlackRock has set out a deal to buy Global Infrastructure Partners (GIP) for around $12.5 billion.
(EV) BlackRock will pay $3bn in cash, with around $9.48bn in 12 million BlackRock shares. GIP is an investor in a number of infrastructure assets, including a wide array of energy projects around the world. BlackRock said GIP had more than $100bn in assets under management (AUM). After closing, the investor would have around $150bn... Continue Reading →
Siemens Gamesa to Test ‘World’s Most Powerful’ Wind Turbine Prototype in Denmark
(OW) Siemens Gamesa will install and test what has been described by the European Union (EU) as the “world’s most powerful offshore wind turbine prototype” at the Østerild National Test Centre in Denmark, before later starting full-scale production of its “next-generation” offshore wind turbine model. The wind turbine manufacturer did not disclose what rating the new turbine will have although it... Continue Reading →
US Publishes Draft Bill to Boost Offshore Wind
(OW) Rhode Island Senator Sheldon Whitehouse has released a draft version of a bill that would streamline the offshore wind development process and get new sources of affordable clean energy on the grid. Senator Whitehouse requests feedback on his bill from all stakeholders, including federal, state, and local agencies, industries, developers, and communities. The Senator... Continue Reading →