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May 8 (Reuters) - Neoenergia, the Brazilian unit of Spain's Iberdrola, plans to invest 50 billion reais ($10 billion) in its five power distribution companies by 2030 as it seeks to expand in the sector, CEO Eduardo Capelastegui said. The investment plan, an 82% increase from the previous five-year period, comes alongside the renewal of... Continue Reading →
May 6 (offshoreWIND.biz) China Three Gorges (CTG) Corporation has completed the installation of a 16 MW floating offshore wind turbine, described as the world’s largest single-unit floating wind turbine platform, off Yangjiang, Guangdong. The Sanxia Linghang (Three Gorges Pilot) platform was installed on 2 May in waters located more than 70 kilometres offshore at depths... Continue Reading →
May 4 (Reuters) - When potential providers and financiers for Venezuela's electric industry, including Siemens Energy and GE Vernova, held meetings with officials in Caracas in April, questions of how they might get paid to shore up the country's deteriorated grid were top of mind, two sources involved in the talks said. Those executives came away... Continue Reading →
March 24 (OE) Dominion Energy has delivered first power to the grid from its Coastal Virginia Offshore Wind (CVOW) project, marking a key milestone for what is set to become the largest offshore wind development in the United States. Dominion Energy’s Chair, President and Chief Executive Officer, Robert Blue, said the project began supplying electricity... Continue Reading →
Feb. 6 (offshoreWIND.biz) The US state of Massachusetts and the Canadian province of Nova Scotia have signed a Memorandum of Understanding (MoU) to deepen cooperation on offshore wind development, seeking to align planning, workforce training, transmission planning and supply chain development across the North Atlantic region. Massachusetts Governor Maura Healey and Nova Scotia Premier Tim... Continue Reading →
Nov. 21 (Oilprice.com) Latin America has all the necessary ingredients for a successful clean energy transition, but can it pull it off? The region has enormous clean energy production potential, and already sources an impressive 70% of its electricity from renewables. However, the necessary infrastructural and policy supports to ensure a secure, sustainable, and just transition are... Continue Reading →
Nov. 12 (offshoreWIND.biz) MunmuBaram, owned by Hexicon, has completed the Marine Traffic Safety Examination (MTSE), marking a milestone in advancing the floating offshore wind project toward full permitting and construction. The developer said that this examination is a vital regulatory step that evaluates how offshore wind development may affect existing vessel routes and overall maritime... Continue Reading →
Oct 22 (Reuters) - Brazilian power company Eletrobras announced on Wednesday it is changing its name to Axia Energia, in a development it said will not impact any contractual, business, or regulatory commitments established by the firm. In a securities filing, Eletrobras also said its Sao Paulo-listed ordinary shares' ticker "ELET3" will change to "AXIA3"... Continue Reading →
Aug 18 (Reuters) - Brazilian power company Eletrobras has partnered with C3 AI to apply artificial intelligence to help operate the electric power transmission network in Latin America's largest economy, the two companies told Reuters on Monday. Eletrobras, Brazil's largest operator in the segment, will implement the C3 AI Grid Intelligence tool, which focuses on monitoring... Continue Reading →
(offshoreWIND.biz) The floating offshore wind project is owned by Parc Eolien Offshore de Provence Grand Large – a subsidiary of EDF Renouvelables, Enbridge Eolien France 2 S.à.r.l (EEF2), a subsidiary of Enbridge Inc., and CPP Investments. Provence Grand Large is a pilot project with three Siemens Gamesa 8 MW wind turbines installed 17 kilometres off the coast... Continue Reading →
Brazil Energy Insight 