Sweden presented plans on Tuesday to build offshore wind power plants that will generate 20-30 terawatt-hours (TWh) per year, with an aim to reach 120 TWh at a later stage.The areas are located in the waters both east and west of Sweden, the Nordic country's government said…
American Offshore Services, a crew transfer vessel owner/operator has entered a strategic partnership with Orion Infrastructure Capital to build 'state-of-the-art CTVs designed to transport technicians and materials in varied offshore conditions…
Ørsted and Eversource have taken the final investment decision (FID) on the South Fork Wind project that will be New York’s first offshore wind farm. The FID comes after the South Fork Wind joint venture, owned 50/50 by Ørsted and Eversource…
Eni is testing investor appetite for a special purpose acquisition company (SPAC) dedicated to energy transition projects as part of its own green drive, two sources said.The Italian energy group is working with two or three other investors to set up and list the SPAC…
France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country's drive for carbon neutrality by 2050.Macron said the new plants would…
The UK Government has awarded planning consent for Vattenfall’s 1.8 GW Norfolk Vanguard offshore wind farm, meaning that both projects in Vattenfall’s proposed Norfolk Offshore Wind Zone have now been approved.According to Vattenfall, the zone…
Denmark-based offshore wind developer Ørsted has completed the sale of a 50% stake in the 900MW Borkum Riffgrund 3 offshore wind farm in Germany.The deal, with funds managed by Glennmontpartners, was first announced in October 2021. Ørsted at…
Italian oil and gas company Eni has completed the acquisition of a 20% stake in total from SSE Renewables and Equinor in the 1.2 GW Dogger Bank C offshore wind farm, in the UK.SSE Renewables said Thursday it had completed the sale of its 10% interest to Italy's Eni…
High Speed Offshore Service Craft operating in the UK are now allowed to transport up to 60 workers, the UK Maritime and Coastguard Agency said Wednesday.According to MCA, the change will mean that vessels transporting those who work on offshore…
DNV, together with 18 industry partners, is launching a new Joint Industry Project (JIP) to enhance the standardization for reliable, safe, and cost-efficient hydrogen production systems that use renewable energy-powered electrolysis to produce green hydrogen…
Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of electricity that will supply the Norwegian mainland, the country's government said on Wednesday…
Turning around Siemens Gamesa will take time, the CEO of its majority shareholder Siemens Energy said on Wednesday, adding that the latest profit warning from the wind turbine maker was 'frustrating'.Siemens Gamesa, the world's largest maker of offshore wind turbines…
Britain will hold yearly auctions to support new renewable projects from 2023, the government said on Wednesday, as it seeks to boost low carbon power production to meet its climate goals.Britain has a target to reach net zero emissions by 2050…
South Korean wave energy developer INGINE revealed ambitious growth plans for 2022,its10th anniversary.Today the company is approaching a landmark fifth year of wave energy operation in North East Asia, via the Jeju Bukchon Wave Power Plant built in 2015…
Norway has earmarked two areas in the North Sea to accommodate up to 4.5 gigawatt (GW) of floating and bottom-fixed wind turbine capacity and will identify additional offshore areas for development amid strong interest from energy firms.Utsira Nord…