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(Reuters) - Spanish oil company Repsol (REP.MC) said on Thursday that its adjusted profit fell sharply in the second quarter, dragged by lower energy prices, but came in above analysts' expectations. The adjusted profit for the period was 827 million euros ($917.4 million), down from 2.16 billion euros a year earlier, when oil and gas prices, as... Continue Reading →
(OE) Spanish renewable energy company said Thursday that its first French offshore wind farm has officially started supplying electricity to the grid. Electricity from the Saint-Brieuc offshore wind farm has started feeding into the grid in Brittany for the first time, as the wind farm is connected to the national electricity grid managed by RTE.... Continue Reading →
(Reuters) Spanish utility Iberdrola has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea, Expansion newspaper reported on Wednesday, citing unidentified market sources. The Baltic Eagle wind farm being built off Germany's northeastern coast will have 50 wind turbines and is part... Continue Reading →
(OE) Offshore wind developments play a vital role in Europe's energy transition plans, but the industry may face a significant supply challenge in the coming years, with a forecasted wind tower supply crunch. According to Rystad Energy, in 2028, the demand for offshore turbine towers will surpass the manufacturing capacity, indicating an urgent need for... Continue Reading →
Ørsted and Repsol have signed a Memorandum of Understanding with the Port Authority of A Coruña to facilitate the development, construction, operation and maintenance of future floating offshore wind projects in Spain. Madrid-based multi-energy company Repsol and Ørsted signed an agreement in April last year to identify and jointly develop floating wind projects offshore Spain.... Continue Reading →
(OE) Green hydrogen specialist Lhyfe and Spanish company Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal. The two companies will work to create hydrogen production sites at some of the offshore wind farm sites currently being developed by Capital Energy. Capital Energy has... Continue Reading →
Spanish renewable energy company Iberdrola said this week it was making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States, with the receipt of the first shipment of components for the 62 wind turbines that will make up the farm at the port of New Bedford. ... Continue Reading →
Floating wind farm and technology developer BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further negotiation of the final agreement between the Parties. In Spain, Elawan Energy has more... Continue Reading →
(OW) IberBlue Wind, a joint venture between Simply Blue Group, Proes Consultores, and FF New Energy Ventures, has announced a second floating offshore wind project on the Spanish Southern coast of Andalusia. The project is called La Pinta in tribute to one of the three caravels used by Christopher Columbus on his first trip to... Continue Reading →
(OE) Spanish offshore wind developer Iberdrola said Friday it had installed the first wind turbine at the offshore farm in the bay of Saint-Brieuc, France. The installation of the first of 62 wind turbines for the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy. This operation was carried out... Continue Reading →
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