Wind

offshore wind

Scotland’s offshore wind leases to cut North Sea carbon emissions

Crown Estate Scotland has granted 13 leases for offshore wind development, primarily to power North Sea oil and gas platforms. The goal is to reduce emissions from the sector by decarbonizing North Sea operations. The leases were awarded to BP, TotalEnergies, and UK renewable companies out of 19 bidders for a total initial investment of …

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offshore wind

Bourbon group and Horizon collaborate for oil, gas, and wind operations

International offshore energy contractors Horizon Maritime and Bourbon have formed a joint venture (JV) to support activities in the Canadian Atlantic and North Sea offshore oil and gas industries. Cliff Gaetz will serve as the managing director of the JV Bourbon Horizon, which will have bases in Fosnavåg, Norway, and St. John’s, Newfoundland, Canada, with …

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FloatGen proves floating wind power is good investment

FloatGen: New evidence of floating wind’s “high power” promise

In the past three months, the EU’s FloatGen floating wind project has operated at close to 60% of its maximum capacity, providing additional evidence of the offshore technology’s potential to generate high and consistent output from deepwater sites. The 30MW Hywind Scotland array, installed in the North Sea by Equinor in 2017, produced power at …

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Wind farms caused BP and Orsted to compete over overlap space

Owner of Ikea gets necessary approval for huge Swedish offshore wind farm

The Galatea-Galene wind farm off the coast of Sweden finally got the green light from Nordic developer OX2, who also secured a crucial regional permit. The 1.7GW project of Ingka Group owned by Ikea, now mostly just needs the federal government in Stockholm to approve a final permit. The ambitious project in the Kattegatt Strait, …

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Wind power installations will go slower this year, Vestas predicts

Vestas predicts a slower year for wind power installations after disappointing 2022 sales

The wind power giant Vestas issued an early warning of a difficult year after reporting dismal 2022 sales hampered by project delays and impairments. Fewer wind turbine installations this year, according to the business, are a result of lengthy regulatory procedures in Europe and sluggish U.S. activity prior to the Inflation Reduction Act’s effects taking …

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Wind farms caused BP and Orsted to compete over overlap space

Green hydrogen may power the Gulf of Mexico offshore wind projects

A new analysis from Copenhagen-based analyst group Aegir Insights shows the US climate law incentives for green hydrogen production may be fueling the increased interest in developing the Gulf of Mexico’s (GoM) offshore wind potential. With its enormous industrial chemical, fertilizer, and oil refinery sectors, the GoM region – particularly Texas and Louisiana – is …

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renewables wind

European companies invest as the U.S. recognize the possibilities of offshore wind

In 2022, the U.S. took significant action to encourage the development of its offshore wind industry. The federal Bureau of Ocean Energy Management (BOEM) held auctions for leases for the privileges to develop the waters off California, North Carolina, and New York. The auctions put the United States’ objective of installing 30 GW of offshore …

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lekela power

Wind powers Lekela Power, Lekela (em)powers Africa

Company Lekela produces electricity using renewable resources, mainly wind power. Their focus is the advancement of the projects from mid or late-stage development into long-term operation. Lekela, also, builds utility-scale projects that provide people throughout Africa with desperately needed renewable energy. If wind powers Lekela Power, then Lekela powers Africa. Wind power is a serious …

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