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GIEK Doubling Down on Offshore Wind
Tasked to provide the financial power to help Norwegian companies export their wares to the world, Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches when asked about the appetite for investment in traditional offshore oil and gas today: “The money has disappeared…
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Norwegian Businesses See Rise in Wind Industry Orders
Onshore wind companies provided the largest revenue stream for the Norwegian renewables industry from sales of equipment, construction and consultancy services in 2019, overtaking hydropower, according to a report published on Friday.Onshore wind is a new source of energy for the Nordic country which has…
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Australia's Iron Ore Giant Fortescue Plans 235GW Green Energy Drive
Australian mining magnate Andrew Forrest outlined ambitious plans on Wednesday to build a renewable energy business, aiming to compete with oil giants to provide low-cost green energy globally.Billionaire Forrest, who turned Fortescue Metals Group over two decades into the world's fourth-biggest iron ore miner…
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CorPower Moves Foward with its Plan to Generate Energy from Waves
CorPower Ocean is set to move forward fast on its wave energy project in the Atlantic Ocean after securing a 10-year license in PortugalThe TUPEM license - awarded by the national Directorate-General for Natural Resources (DGRM) - provides a ‘Permit for the Private Use of the Maritime…
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Virtual Conference to Focus on Transatlantic Marine Renewables
Marine industry experts from Portugal and Canada are staging a special Blue Economy conference to spark transatlantic business growth. WavEC Offshore Renewables is teaming up with the Embassy of Canada to Portugal to host ‘Advancing the Blue Economy through Intercontinental Collaboration’.
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World's Largest Wealth Fund Cites Paucity of Good Green Energy Deals
While societal, political and corporate pressure continue to push innovation on renewable energy, the world's largest wealth…
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New Lidar Tech Approved for Use by SGRE for Wind Turbine Testing
Siemens Gamesa recently tested a new technology together with ZX Lidars, and based on the results both on the medium range…
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Japan Trio Begins Work on an Ammonia-Fueled Tugboat
As the marine industry works to find the ‘fuel of the future’ to address increasingly stringent emission regulations, an…
Latest news
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Silva Tapped to Lead Corpower Ocean Portuguese Ops
CorPower Ocean, designer of wave energy systems, appointed Miguel Silva as head of its Portuguese operation.The news comes…
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RWE Eyes Renewables Deals as Part of $8.4 B Expansion
Germany's largest power producer RWE plans to spend part of its 7 billion euro ($8.4 billion) war chest on growing its 24.7…
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$10.5m Funding for CorPower Wave Energy Tech
CorPower Ocean announced the award of $10.5m in new funding for it’s wave energy tech innovation, a funding round led by Midroc New Technology…
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Opinion: Egypt Banks on Renewables to Meet Expected Energy Demand Surge
To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become…
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Steelwind Monopile Foundations for Parkwind's Baltic Sea Wind Farm
German construction company Steelwind will build monopile foundations for Parkwind's the Arcadis Ost 1 offshore wind farm in the Baltic Sea…
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Oil Industry Veterans to Launch Hydrogen Investment Fund
Two energy industry veterans plan to launch an investment fund focused on hydrogen this year as more and more governments…
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Japan to Develop Offshore Wind Farms at 30 Sites in 10 years
Japan will craft new rules and support infrastructure in a drive that aims to build offshore wind farms at 30 sites during the next decade…
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UK Gov't Advised to Harness Pandemic to Speed Zero-carbon Aims
From creating jobs in home insulation to hiking dirty fuel taxes and expanding electric-vehicle charging, Britain's government…
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EU Hydrogen Plan Splits Supporters Down Color-coded Lines
Energy industry lobbyists and advocates of renewable hydrogen are divided over whether the bloc should support low-carbon…
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Amprion Sets Out North Sea Offshore Wind Grid Vision
German power grid company Amprion on Wednesday unveiled long-term plans for joint European offshore wind links in the North…
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Innogy Picks Most Powerful Wind Turbine for Its Largest Offshore Wind Project
Offshore wind developer Innogy has chosen giant 14 megawatt (MW) offshore wind turbines for its flagship 1.4 gigawatt (GW) Sofia Offshore Wind Farm…
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Japan's JERA, France's ADEME, Ideol in Floating Wind Pact
Japanese power generator JERA said on Monday it has agreed with France's state-owned investment firm ADEME Investissement…
Solar
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Total Keeps Dividend But Cuts Investment Target
Total trimmed its 2020 investment target on Friday after a sharp drop in third-quarter net profit, though the French oil…
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Baker Hughes Plots Low Carbon Future
Baker Hughes is pivoting to customers preparing for the transition to a low-carbon future, bolstering its footprint beyond…
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US-China Cold War Would Redirect Energy Flows
Worsening diplomatic relations between the United States and China are putting a spotlight on their economic inter-dependency…
Wind
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Webinar: Offshore Wind: North American Opportunities and Challenges
Offshore wind in North America has the potential to impact the entire offshore energy, maritime, ports and logistics value chain.
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Tech Files: Offshore Power Products
Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk…
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Offshore Wind Webinar: North American Opportunities and Challenges
Offshore wind has the potential to impact North America's entire offshore energy, maritime, ports and logistics value chain.
Hydro
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Philippines Says No to New Coal Projects. Puts Focus on Gas
The Philippines has stopped accepting new proposals for coal-based power projects to encourage investment in other energy…
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Robotics: Autobots Transform in the Offshore Energy Sector
Robots and robotics have slowly been entering our lives, in various shapes and forms (and fictional characters), from self…
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Britain's Zero-carbon Power Outstrips Fossil Fuels in 2019
Britain, the birthplace of coal power, produced more electricity from zero-carbon sources such as wind, solar and nuclear…
Biofuels
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Malaysia to Sue EU Over Palm Biofuel Restrictions
Malaysia, the world's second-largest palm oil producer, will take legal action against the European Union's restrictions…
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Gunvor Returns to Profit in 2019
Energy trader Gunvor Group returned to profit in 2019 after its first net loss a year earlier, helped by record earnings in its U.S.
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Technology: Greenhouse Gas Emission Capture and Storage to the Fore
Greenhouse gas emissions capture and storage may be a more practical alternative to emissions reduction for meeting the IMO’s 2050 CO2 target.
