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Australia's Iron Ore Giant Fortescue Plans 235GW Green Energy Drive

Nov 11, 2020

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, said Fortescue Future Industries (FFI) has already signed preliminary deals, such as in Papua New Guinea and Africa…

GIEK Doubling Down on Offshore Wind

Oct 30, 2020

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…

World's Largest Wealth Fund Cites Paucity of Good Green Energy Deals

Oct 30, 2020

While societal, political and corporate pressure continue to push innovation on renewable energy, the world's largest wealth fund is apparently having trouble identifying good investment deals in the sector.Norway's $1.1 trillion sovereign wealth fund…

OHT Orders Its First Wind Turbine Generator Installation Unit

Oct 05, 2020

Offshore Heavy Transport (OHT) has signed the firm order for the construction of an offshore wind turbine generator installation vessel, which will mark the heavy-lift and transportation company's entry into the offshore wind turbine installation business…

Iberdrola, Macquarie Enter Offshore Wind JV in Japan

Sep 17, 2020

Iberdrola has bought Japan-based renewables developer Acacia and signed a joint venture deal with Macquarie's Green Investment Group to develop an offshore wind farm portfolio, the Spanish energy company said on Thursday.Iberdrola and its new…

Chinese Oil Firm CNOOC Brings Online Its First Offshore Wind Project

Sep 15, 2020

Chinese offshore oil company CNOOC has said that its first offshore wind project has started producing electricity. The company said Tuesday that its offshore wind power project had connected to the grid and begun to generate power. The 300MW…

AqualisBraemar to Oversee Construction of Offshore Wind Vessels in China

Aug 13, 2020

Offshore energy consultancy AqualisBraemar will oversee the construction of two self-elevating wind turbine installation vessels in China.The jack-up units will be constructed at Chinese shipyard Dayang Offshore Equipment. The vessels will be built for OuYang Offshore Co…

AFRY's Engineering Services for Vietnam Offshore Wind Farm

Aug 04, 2020

AFRY has been awarded engineering services assignment for Tra Vinh Offshore Wind Farm, a 48 MW wind farm project located in Tra Vinh Province, Vietnam. The project is owned by Truong Thanh Tra Vinh Wind Power JSC, an affiliated company of Thailand's Sermsang Power Corporation (SSP)…

Taiwan: MHI Vestas to Source Fasteners and Cables Locally

Jul 13, 2020

Offshore wind turbine maker MHI Vestas Offshore Wind is further boosting Taiwan's local offshore wind supply chain with the decision to source fasteners and cables locally.The company has previously announced contracts in Taiwan for local supply of blades…

China's MingYang Launches 11MW Offshore Wind Turbine

Jul 10, 2020

China's MingYang has this week launched the MySE11-203, dubbed the world's biggest hybrid drive wind turbine, of the nameplate capacity of 11 MW.Per MingYang, the turbine features a rotor diameter of 203 meters and has a 31% higher annual energy production than its predecessor…

Japan to Develop Offshore Wind Farms at 30 Sites in 10 years

Jul 09, 2020

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, the Nikkei business daily said on Thursday.Industry Minister Hiroshi Kajiyama is expected to announce policy measures soon to target the goal…

Japan's NTT to Build Renewables Business

Jun 29, 2020

Japan's Nippon Telegraph and Telephone (NTT) will develop a renewable energy business with its own electricity grid and is likely to invest over 1 trillion yen ($9.3 billion) by fiscal 2030, Nikkei reported on Monday.The move by the telecommunications…

Japan's JERA, France's ADEME, Ideol in Floating Wind Pact

Jun 22, 2020

Japanese power generator JERA said on Monday it has agreed with France's state-owned investment firm ADEME Investissement and French floating wind technology supplier Ideol on key terms for forming a joint venture to develop floating offshore wind farms…

Construction Starts for Asia's Largest Offshore Wind Blade Manufacturing Facility

Jun 19, 2020

Taiwanese company Tien Li Offshore Wind Technology has started construction on 210,000 square meter facility in Taichung Harbour to supply offshore wind blades to Taiwan's growing offshore wind industry.Tien Li is one of key local supply chain partners of wind turbine builder MHI Vestas…

Vestas Wins Chinese Orders

Dec 31, 2019

Danish wind turbines manufacturer Vestas Wind Systems A/S has received a 55 MW order in China that includes supply of 25 V120-2.2 MW wind turbines as well as a 2-year Active Output Management 4000 (AOM 4000) service agreement.Deliveries are expected to begin in the second quarter of 2020…

Current News

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

Petronas Posts 3Q Loss. Warns of Tough 4Q

Petronas Posts 3Q Loss. Warns of Tough 4Q

Report: Venezuela Resumes Oil Shipments to China Despite U.S. Sanctions

Report: Venezuela Resumes Oil Shipments to China Despite U.S. Sanctions

OPEC+ to Hold Informal Online Talks Ahead of Next Week's Meetings

OPEC+ to Hold Informal Online Talks Ahead of Next Week's Meetings

Australia: Melbana Energy Expands Offshore Acreage Near Beehive Prospect

Australia: Melbana Energy Expands Offshore Acreage Near Beehive Prospect

Keppel Offshore & Marine Wins $74,7M FPSO Conversion Work

Keppel Offshore & Marine Wins $74,7M FPSO Conversion Work

China: INE, PetroChina to Deliver Marine Fuel Overseas

China: INE, PetroChina to Deliver Marine Fuel Overseas

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