BW Ideol, a company created last month after FPSO firm BW Offshore announced its investment into floating wind company Ideol, has applied for listing on Euronext Growth.'Oslo Børs has received an application for admission to trading on Euronext Growth from BW Ideol AS…
Energy group Iberdrola plans to spend more than 1 billion euros ($1.2 billion) on an industrial-scale floating wind power farm off the Spanish coast if it secures help from a fund that seeks to lift Europe out of a coronavirus recession.The…
The floating wind industry, still in its infancy, is set for a 2000-fold increase in installed capacity by 2050, DNV GL said, however, warning that more comprehensive industry standards and risk management is required for the technology to scale…
Norwegian oil and gas company Equinor, which is working to become a broader energy company, with increasing investments in renewable energy, said Friday its greenhouse emissions in 2020 had dropped compared to 2019.'In 2020, Equinor’s (scope 1 & 2) greenhouse gas emissions were 1…
Wave energy company CorPower has said it is joining Simply Blue Energy's Western Star floating wind and wave energy project off Ireland's west coast.'CorPower is joining EIT Innoenergy to support project developer Simply Blue Energy, marking…
The UK government on Tuesday launched three innovation challenges in the space of green energy sector including floating offshore wind, energy storage technology, and biomass production for which it allocated £92 million (~$127,7 million) in funding…
The U.S. offshore wind industry is set to flourish in the upcoming years due to planned fixed bottom turbine projects on the east coast, however, a floating wind boom is expected as well, a Danish offshore wind energy intelligence firm said Wednesday…
The floating offshore wind industry, still considered nascent with around 100MW installed capacity - and minuscule compared to the installed capacity of its „older brother,“ - that is the conventional, fixed bottom offshore wind industry (29GW…
The Middle East might soon be home to a unique floating wind turbine project led by a group of European companies. Namely, unlike the other floating wind projects currently developed or being worked on, aimed purely at producing electricity…
Ocean Winds, a JV created by EDP Renewables and Engie last year, has signed a deal with Terna Energy to work on the development of floating offshore wind projects in the Greek seas.Ocean Winds, which has an offshore wind portfolio comprised of 1…
Global Offshore, an offshore cable installation, repair, and trenching services provider, has won a multi-year offshore wind farm cable maintenance and management framework agreement with Equinor.Global Offshore, a Global Marine subsidiary,…
Floating offshore wind, despite the currently low installed capacity, could be the next frontier in wind power development in the Asia Pacific with almost limitless potential, says Wood Mackenzie, adding the total investment in the sector could be worth US$58 billion…
Norwegian maritime equipment and technology company Kongsberg Maritime has won a contract to deliver key positioning and monitoring equipment to Equinor’s Hywind Tampen floating wind farm in Norway. The contract was signed with engineering firm Wood…
Advisory company Renewables Consulting Group (RCG) has appointed floating offshore wind specialist Dan Kyle Spearman to lead its global floating offshore wind practice.'As floating offshore wind will be a key renewable energy technology in the energy transition to net zero carbon emissions…
Europe's biggest wind power generator Iberdrola on Wednesday pledged to spend 150 billion euros ($182.39 billion) by 2030 to triple its renewable capacity and double its network assets.Years of investment in low-emission generation and power…
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