The total transaction price includes the acquisition cost of 50% stake in Hornsea 1 and commitment to fund 50% of the payments under the engineering, procurement and construction The post Orsted to sell 50% stake in Hornsea 1 offshore wind farm for $5.8bn appeared first on Compelo Energy.
China will speed up efforts to ensure its wind and solar power sectors can compete without subsidies and achieve "grid price parity" with traditional energy sources like coal, according to new draft guidelines issued by the energy regulator.
The projects acquired by Boralex include the 138.6MW Le Plateau I, the 21.15MW Le Plateau II wind farm, the 74.8MW Roncevaux project, the 135.7MW Des Moulins I site The post Boralex acquires Invenergy's stake in 201MW of wind farms in Canada appeared first on Compelo Energy.
Northern California energy authority RCEA and a consortium of private companies have applied to build the first floating offshore wind facility in the United States. Read Full Article Here For more great articles: Offshore RSS Feed.
Google said it has signed a 10-year deal to buy renewable energy from three new wind farms that are being built in Finland and which will power one of its data centers.
Google said it has signed a 10-year deal to buy renewable energy from three new wind farms that are being built in Finland and which will power one of its data centres.
Both the companies are owned by NextEra Energy with NextEra Energy Partners being a growth-oriented limited partnership and NextEra Energy Resources, which was formerly known as FPL Energy, The post NextEra Energy Partners to buy 1.38GW US renewable portfolio for $1.27bn appeared first on Compelo Energy.
Sustainable energy applications are rather new to the mining sector and are just at the beginning of the scaling stage; however, renewables have gained a lot of momentum The post Renewed hope: powering off-grid mines with sustainable energy appeared first on Compelo Energy.
Building and operating a new offshore wind farm would bring at least $600 million in economic benefits to the Eastern seaboard state where it's constructed, according to a new analysis by BW Research on behalf of environmental advocacy group Environmental Entrepreneurs. Taken together, the five states included in the analysis -- New York, New Jersey, Virginia, North Carolina and South Carolina -- would reap $3.6 billion in economic benefits by building out new offshore wind farms. U.S. offshore wind development has notoriously lagged behind European countries and, more recently China, now the world's third-largest offshore market.
By Offshore Energy Today.. Equinor and its partners at Gullfaks and Snorre fields off Norway have decided to explore the possibilities of supplying the Gullfaks and Snorre fields with power from floating offshore wind. ... Read Full Article Here For more great articles: Offshore Energy Today.