(TN) Australian renewable green energy developer Fortescue Future Industries (FFI) and Enel's global renewable energy arm, Enel Green Power S.p.A. (EGP), today announced that they will partner to explore the co-development of the green hydrogen value chain, with an initial focus on Latin America and Australia. FFI and EGP share a common view on the... Continue Reading →
DNV Completes Lenders’ Technical Due Diligence on Ørsted’s Hornsea 2
(OE) Energy industry expert and assurance provider DNV has completed Lenders’ Technical Due Diligence on Ørsted’s Hornsea 2 project, the world’s largest offshore wind farm in operation. DNV performed an independent energy yield assessment and carried out a thorough technical due diligence investigation on all aspects of the offshore wind farm and the related offshore... Continue Reading →
Net zero could lead to ‘the largest redeployment of capital in history’: BNY Mellon
(YF) The global net-zero goals set out by the Paris Agreement are still within reach — but achieving them will require a $100 trillion investment, according to a new report by BNY Mellon Investment Management and Fathom Consulting. That amount equates to around 15% of all global investment or 3% of global GDP over the next 30... Continue Reading →
The president-elect Lula’s program is to transform Petrobras into an integrated energy company
(epbr) Petrobras to invest again is one of the main promises of Luiz Inácio Lula da Silva for his third term as President of the Republic. The government program states that the state-owned company must be an integrated energy company, focusing on the energy transition. -- For that, Petrobras would need to develop new projects... Continue Reading →
U.S. Designates Offshore Wind Farm Development Areas in Gulf of Mexico
The U.S. Gulf of Mexico, best known to the offshore energy industry as an oil and gas province, is for the first time opening its doors to the offshore wind industry, with the U.S administration on Monday designating two areas for offshore wind development in the region. The U.S. Bureau of Ocean Energy Management (BOEM)... Continue Reading →
High offshore wind demand lifts Fugro
(OEM) Fugro has reported a revenue of €480.2 million for the third quarter of 2022, an increase of 17.4% compared to €378 million in Q3 2021, said to be supported by high demand for offshore wind solutions. The increase in revenue was fuelled by ongoing high client demand across markets, most notably renewables, and to... Continue Reading →
Hydrogen will be the fuel of the next decade, says president of Eletrobras
(epbr) Recently privatized, Eletrobras plans hybrid plants with floating solar generation in reservoirs “The fuel of the next decade will most likely be hydrogen. And the hydrogen that will be most valued in the world is the green one”, declared Wilson Ferreira Júnior, president of Eletrobras. During an event on green freight this morning, the... Continue Reading →
Offshore Wind: SeaRenergy Nets DolWin6 Work
Offshore wind service provider SeaRenergy said Wednesday it had secured a contract for offshore infrastructure services from Siemens Energy. The scope of work comprises integrated onshore and offshore logistics services executed during the commissioning of DolWin6 converter platform in the German Bight. DolWin6 is TenneT's 13th offshore grid connection system in the German North Sea... Continue Reading →
Elenergy Selects DNV as Owner’s Engineer for S. Korea’s Largest Offshore Wind Farm
lenergy Co Ltd, a Korean renewable energy development firm, has hired DNV as the owner's engineer for its 1.5 GW fixed-bottom Chujin offshore wind project. The Chujin offshore wind farm will be the largest commercial-scale offshore wind farm in South Korea, when completed in 2027. As the owner’s engineer, DNV will drive the pre-Front End... Continue Reading →
Siemens Gamesa introduces the most powerful wind turbines in Brazil and aims offshore
(Forbes) Siemens Gamesa has started to install a new generation of more powerful machines for onshore wind energy in Brazil, in an important step to increase its competitiveness in a key market for the manufacturer and position itself for the development of the country's offshore wind market, according to a company executive. Brazil will be... Continue Reading →