Despite making deals related to renewable energy Shell remains major player in oil and gas. : Shell said Wednesday it had signed a deal to purchase power from a development dubbed "the world's largest offshore wind farm." The 15-year power purchase agreement relates to 240 megawatts from Dogger Bank C, the third and final phase of the 3.6 gigawatt Dogger Bank Wind Farm, which will be located in waters off the coast of northeast England.
How The Infrastructure Investment And Jobs Act And Build Back Better Bill Would Advance The Offshore Wind Sector | Perkins Coie
The $1.2 trillion Infrastructure Investment and Jobs Act, which President Biden signed into law today, and the proposed $1.75 trillion Build Back Better Act (H.R. 5376) each set aside historic investments in clean energy. The Infrastructure Act allocates $47 billion toward climate-related funding and makes important changes to federal permitting processes, while the proposed Build Back Better Act earmarks $550 billion to similar ends. This update focuses on the significant measures advanced by...By: Perkins Coie.
Mainstream Renewable Power Secures Investment Decision From Provincial Government For Flagship Offshore Wind Project In Vietnam
DUBLIN, Nov. 12, 2021 /PRNewswire/ -- In a vital step for the Phu Cuong Soc Trang Offshore Wind Farm, Mainstream Renewable Power ("Mainstream") today announces its receipt of a Decision on Investment and an Investment Registration Certification (IRC) from the provincial government of Soc...
Mainstream Renewable Power Secures Investment Decision From Provincial Government For Flagship Offshore Wind Project In Vietnam: Aker Horizons
The 1.4 GW Phu Cuong Soc Trang offshore wind project, being developed as a joint venture between Mainstream Renewable Power and the Phu Cuong Group, is located off the southern coast of Vietnam and will be the largest offshore wind farm in South-East Asia The first 200 MW of the project...
Shale Markets, Llc / Scottish Enterprise, Marubeni Jointly Eyeing Floating Wind And Green Hydrogen Projects
By Adrijana Buljan Scotland's national economic development agency, Scottish Enterprise, and Japanese conglomerate Marubeni Corporation have signed [...] The post Scottish Enterprise, Marubeni jointly eyeing floating wind and green hydrogen projects appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News.
Engineers join Venterra Group to address rising global energy demands through renewables. : Offshore engineering company Osbit has joined a new group driving innovation across the windfarm lifecycle through a PS250m investment. Osbit currently employs over 120 people across its Port of Blyth and Riding Mill sites and was chosen for its best-in-class services and substantial growth capability as one of three founding member companies forming offshore wind energy business Venterra Group.
Danish giant has the world's largest offshore wind farm off the Humber. : The below average conditions in the first nine months of 2021 - down from 9.8 metres per second to 8.7 - have seen more than PS285 million of earnings wiped out. However, the ramping up of generation capacity and strong earnings in bioenergy saw significant growth still, up PS331 million to PS1.8 billion on revenues of PS5.3 billion. Availability of assets was also maintained at 94 per cent.
Third phase development buy-in by Italian energy giant follows earlier rounds on major North Sea project. : Third phase development buy-in by Italian energy giant follows earlier rounds on major North Sea project SSE and Equinor have agreed to sell 10 per cent stakes in a Dogger Bank offshore wind farm development to Eni in a PS140 million deal. The Italian energy giant, one of the global oil majors, is greening up its portfolio in the move, having already bought stakes in earlier projects.
Renewable Energy Certificate Market To Reach $103.2 Bn, Globally, By 2030 At 27.2% Cagr: Allied Market Research
PORTLAND, Ore., Nov. 1, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, "Renewable Energy Certificate Market by Energy Type (Solar energy, Wind Power, Hydroelectric Power, and Gas power), capacity (0-1,000KWH, 1,100-5,000KWH, and more than 5,000KWH), and End use...