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Mainstream Secures Investment Decision for Vietnam Offshore Wind Project

Nov 12, 2021

Mainstream Renewable Power has received a Decision on Investment and an Investment Registration Certification (IRC) from the provincial government of Soc Trang in Vietnam for a 200 MW phase of a 1.4 GW offshore wind project.The project is anticipated to reach a financial close in 2022…

Japan's Marubeni Eyes Floating Wind, Green Hydrogen Projects in Scotland

Nov 10, 2021

Japanese company Marubeni Corporation has signed a Memorandum of Understanding with Scottish Enterprise on collaboration for the decarbonization of Scotland including floating offshore wind and green hydrogen businesses.The Scottish Government…

Siemens Gamesa to License 11 MW Direct Drive Offshore Tech to China's United Power

Nov 05, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy will license its 11 MW Direct Drive offshore technology to China's United Power. This entails supporting United Power to deploy the licensed offshore technology in the Chinese mainland’s territorial waters…

Ørsted Wraps Sale of 50% Stake in Greater Changhua 1 Offshore Wind Farm

Nov 03, 2021

Danish offshore wind farm developer Ørsted has completed the sale of 50% stake in the 605 MW Greater Changhua 1 offshore wind farm in Taiwan.The agreement to sell half of its stake in the wind farm project to global investment group Caisse de…

Deme Offshore, Penta Ocean Form Offshore Wind Installation JV in Japan

Nov 02, 2021

Belgium-based offshore installation company Deme Offshore has in partnership with Japan's Penta-Ocean Construction formed a new joint venture company specializing in offshore wind installation called Japan Offshore Marine.'Through [Japan Offshore Marine]…

Offshore Wind Firm SSE Pacifico Created in Japan

Nov 01, 2021

UK-based renewable energy giant SSE Renewables has closed the deal to form a new joint ownership company, SSE Pacifico, which will pursue the development of offshore wind projects in Japan. The deal includes the acquisition by SSE Renewables…

Carnegie Launches Wave Energy Device to Power Moored Vessels

Oct 20, 2021

ASX-listed wave energy technology company Carnegie Clean Energy has launched a CETO-derived wave energy product designed for moored vessels, which 'offers a solution to the challenge of securing clean and reliable energy for offshore activities…

IEA: World Must Triple Renewable Energy Spending by 2030 to Curb Climate Change

Oct 13, 2021

Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight climate change and keep volatile energy markets under control, the International Energy Agency (IEA) said on Wednesday.'The world is not investing enough to meet its future energy needs…

Semco, PTSC M&C JV to Delivers Substations for Hai Long Offshore Wind Projects

Oct 12, 2021

Semco Maritime and PTSC M&C consortium has been selected by Hai Long Offshore Wind Project in Taiwan as the Preferred Supplier for two offshore substations for the Hai Long 2 and Hai Long 3 offshore wind projects.The projects will be established…

Eco Wave Power Signs MoU with CIMC for Deployment of Wave Energy Tech in China

Oct 11, 2021

CIMC Offshore Engineering Institute (CIMC OEI) has signed a memorandum of understanding with wave energy technology company Eco Wave Power.CIMC OEI is an engineering company that designs and builds offshore marine structures such as offshore drilling rigs…

SSE, Pacifico Energy Team Up to Build Offshore Wind Farms in Japan

Sep 29, 2021

UK-based renewables firm SSE Renewables will, together with the Japanese renewable energy developer Pacifico Energy, form a joint venture firm that will explore offshore wind project development in Japan.As part of the agreement, SSE Renewables…

Mott MacDonald Nets Offshore Wind Deal in Taiwan

Sep 27, 2021

Mott MacDonald has been appointed by Hai Long offshore wind farm project as one of its owner’s engineers.The Hai Long project, currently in the development phase, is a 1GW wind farm located 50-70 km from the shore. Hai Long has three separate grid allocations…

DNV Launches Guidance on Wind Farm Design for Tropical Cyclone Areas

Sep 24, 2021

Classification society and energy industry consultancy DNV has published a new Technical Note (TN) providing principles for determining site extreme wind speeds for wind farms caused by tropical cyclones. The company produced the document after…

Renewable Energy Firms Pin Hopes on Taro Kono Becoming Japan PM

Sep 24, 2021

Renewable energy companies are betting that the leading contender in the race to become Japan's next prime minister, Taro Kono, will unleash changes allowing more market access and a fairer playing field after years of neglect.The 58-year-old…

BP Gambles Big on Fast Transition from Oil to Renewables

Sep 20, 2021

Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology.The facility earned BP Plc more than $650 million in profits in 2019…

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