SeaTwirl Gets Nod to Test Vertical-axis floating Wind Turbine in Norway after Appeal Rejected

(OE) The Norwegian Ministry of Petroleum and Energy has given METCentre the concession to test SeaTwirl´s vertical-axis floating wind turbine. The concession comes after the Norwegian authority Norges Vassdrags- og Energidirektorat (NVE) rejected an appeal to overturn SeaTwirl’s S2x concession in Norway.  The decision can therefore no longer be appealed, and SeaTwirl can now move... Continue Reading →

Floating Wind: Falck Renewables, BlueFloat Partner Up with Italian Steel Maker

The Italian steel company Acciaierie d’Italia has signed a letter of intent with the Falck Renewables and BlueFloat Energy´s partnership on strategic collaboration for the development of renewable energy projects. The parties have established a technical working group which will focus on four areas. The Taranto-based company could provide steel and other materials for the... Continue Reading →

Baker Hughes misses fourth-quarter Wall St. profit estimate

 (Reuters) - Baker Hughes Co (BKR.O) missed a fourth-quarter profit estimate on Monday as the oilfield services firm navigated challenges including component shortages, supply chain inflation and disruptions caused by Russia's invasion of Ukraine. Drilling activity picked up in 2022 in response to elevated oil prices but the pace remains slower than pre-pandemic levels as several energy... Continue Reading →

EDP launches Green Hydrogen plant in Ceará

EDP, a company that operates throughout the Brazilian electricity sector chain, launched in São Gonçalo do Amarante, Ceará, its green hydrogen production plant as part of the Pecém Research & Development project H2V, which had an investment of R$ 42 million. In December, the company had already generated the country's first green hydrogen molecule at... Continue Reading →

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