(eixos)The Senai Institute for Innovation in Renewable Energy (ISI-ER) and Chinese wind turbine manufacturer Mingyang signed a cooperation agreement on Thursday (24) for activities related to the offshore wind market in Rio Grande do Norte The intention is to develop local capacity. The state has 25.5 GW in projects with licensing requests from Ibama, out... Continue Reading →
Exclusive: BP weighs sale of minority stake in offshore wind business, sources say
(Reuters) - BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale back the energy company's focus on renewables. The company has faced pressure from shareholders over its energy transition strategy, first launched in 2020, as renewables profit... Continue Reading →
One of the World’s Largest Offshore Wind Developers Could Be for Sale
(Reuters) Australia's Macquarie has engaged advisors for a potential sale of its subsidiary Corio Generation, one of the world's largest offshore-wind developers, two sources with knowledge of the matter said on Tuesday. Corio oversees a 30-gigawatt pipeline of offshore wind projects spanning Europe, Asia-Pacific, and the Americas. It includes 5 GW of projects across the... Continue Reading →
Big floating wind farm by Eni unit, Hitec wins Britain support
(Reuters) - Flotation Energy and Vaargroenn, a joint venture between Eni unit Plenitude and private equity firm HitecVision, said on Tuesday their floating offshore wind project Green Volt won a contract at Britain's latest renewable power auction. The 2.5 billion pound ($3.28 billion) initiative, which is expected to have a capacity of up to 560 megawatts, is... Continue Reading →
7.6 GW Offshore Wind Plan Gets State Regulator Approval in California
(offshoreWIND.biz)The California Public Utilities Commission (CPUC) has finalised its plan to facilitate the state’s procurement of more than 10 GW of large-scale renewable energy and storage, including 7.6 GW of (floating) offshore wind. CPUC has voted to adopt a proposed decision from July, directing the Department of Water Resources (DWR) to procure electrical resources with... Continue Reading →
Opinion | Offshore Wind Energy: Delivering the American Dream
This is an op-ed piece by Liz Burdock, Founder and CEO of Oceantic Network, the US offshore renewable energy industry organisation. (offshoreWIND.biz) When I started Oceantic Network 11 years ago, I was motivated by the confident belief that offshore wind would be an economic and environmental game-changer for the U.S. Not only because of the industry’s... Continue Reading →
US Grants Maine First Floating Offshore Wind Research Lease
(offhsoreWIND.biz) The US State of Maine and the Federal Bureau of Ocean Energy Management (BOEM) have agreed on a floating offshore wind research lease in the Gulf of Maine, which could allow for the deployment of twelve floating wind turbines capable of generating 144 MW. The research lease site, an area of up to 15... Continue Reading →
A Look Inside the East Asia & Pacific Offshore Wind Markets
Philip Lewis, Contributor, Director Research at Intelatus Global Partners. (OE) Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and Pacific region provides both opportunities and some challenges... Continue Reading →
BlueFloat Selects Site for Floating Wind Demo Project Offshore Taiwan
(OE) BlueFloat Energy has revealed the site location for its floating wind project, which will participate in the upcoming floating demonstration program, due to be launched by the Taiwanese government later in 2024. The ‘Winds of September Phase 1’ project, in development since 2021, will involve the installation of up to 12 floating platforms for... Continue Reading →
Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind
(offshoreWIND.biz) Japan’s Sumimoto Corporation and JGC Japan Corporation have signed an agreement to investigate the possibility of collaboration in the detailed design, manufacture, and delivery of structural components for floating offshore wind turbines. According to the companies, they aim to cut costs, improve efficiency, and mass-produce structures for floating wind farms, while also setting up... Continue Reading →