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Vietnam Needs $8B -$14B Power Investment a Year Through 2030 - minister

Aug 10, 2022

Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday.Of the amount, 75% would be spent on new power plants, with priority given to renewable sources…

Taiwan: Formosa 2 Offshore Wind Farm Delivers First Power to the Grid as 12 Turbines Installed

Jul 22, 2022

The Formosa 2 offshore wind project in Taiwan has reached two important construction milestones: the installation of 12 turbines and the successful transmission of power to the national grid.Once fully completed, the project will have 47 8 MW…

Vestas Installs First Turbine At Japan's First Commercial-scale Offshore Wind Farm

Jul 08, 2022

Offshore wind turbine maker Vestas has installed the first offshore wind turbine at the Akita Noshiro offshore wind project in Japan.This will be Japan’s first commercial-scale offshore wind project.Thirty-three V117-4.2MW turbines, totaling 140MW…

Hellenic Cables to Deliver Inter-array Cables for Hai Long 2 & 3 Offshore Wind Farms in Taiwan

Jul 07, 2022

Hellenic Cables has signed an exclusivity and capacity agreement (ECA) to supply 66 kV XLPE-insulated inter-array cables and associated accessories for the Hai Long 2 and 3 offshore wind project in Taiwan.Hai Long offshore wind farm project in Taiwan will comprise two offshore wind farms (OWFs)…

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

Jul 01, 2022

Portugal's main utility EDP will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of 16 gigawatt of photovoltaic power the region is expected to install over rivers and seas by 2030.EDP Chief Executive…

Offshore Wind Giant Ørsted Names APAC Head

Jun 28, 2022

Offshore wind giant Ørsted has appointed Per Mejnert Kristensen as new President of its Region Asia Pacific. He will join Ørsted on August 1, 2022, and his taks will be to scale regional business.Ørsted has its regional commercial hub in Taipei…

Global Energy Consumption Topped Pre-pandemic Levels in 2021, says BP

Jun 28, 2022

Global energy consumption rose by 5.8% in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP.Oil demand last year was 3…

Watch the Webinar: How oil & energy firms can gain a competitive advantage by embracing the digital future

Jun 27, 2022

Data, innovation and digital:  How oil & energy firms can gain a competitive advantage by embracing the digital future Recorded on: Jun 29, 2022 11:00 AM Eastern Time (US and Canada)   Watch the Webinar Watch the Webinar There…

BlueFloat Energy and Energy Estate to Build 1.15GW Offshore Wind Farm in Australia

Jun 23, 2022

BlueFloat Energy and Energy Estate partnership on Thursday announced its latest offshore wind development in Australia – the 1.155 GW Southern Winds offshore wind project.Southern Winds will use bottom-fixed technology and will be located 10…

Hydrogen at Risk of Being Missed Opportunity, According to DNV Report

Jun 14, 2022

Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too slow. Governments need to make urgent, significant policy interventions, according to a new report by DNV.In Hydrogen Forecast to 2050, DNV predicts the amount of hydrogen in the energy mix will be only 0…

CTO in Focus: Henrik Stiesdal, Wind Power Pioneer

Jun 13, 2022

Wind power pioneer Henrik Stiesdal built his first wind turbine in 1978. It was one of Denmark’s first step towards becoming a wind energy powerhouse, with Stiesdal regularly at the helm. He’s now got wider climate initiatives in his sights…

India to Hold Bid Rounds for 12 GW of Offshore Wind Over Three Years

Jun 10, 2022

India is looking to hold bid rounds for 12 GW of offshore wind in the next three years, the Government's Press Information Bureau said Thursday.This year, the Ministry of New & Renewable Energy will issue the first bid in the next three-four…

Corio Generation Wants to Build 2.5 GW Wind Farm Offshore Victoria, Australia

Jun 10, 2022

Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), is planning a major new offshore wind project in Australia, named Great Eastern Offshore Wind.If approved for construction following ongoing…

Cbus Buys 10% in Australia's 2.2GW Offshore Wind Farm

Jun 02, 2022

Australia’s building and construction industry super fund Cbus has agreed to acquire a 10% interest in Copenhagen Infrastructure Partners' (CIP) Australian offshore wind project, Star of the South. This follows Cbus’ investment into CIP’s flagship fund…

MEO Group Orders Five Crew Boats from Penguin

May 24, 2022

Singapore-based offshore vessel owner MEO Group has ordered five new crew boats, as part of a fleet rejuvenation programThe company ordered the vessels from Singapore's Penguin Shipyard International. Based on Penguin's proprietary Flex-42X and Flex-40X designs…

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