General – Shell
Shell will invest up to £25bn in the country’s energy system over the next decade, according to UK country chair David Bunch.
[Read more…] about Shell to invest £25bn in UK energy systemsGLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Shell will invest up to £25bn in the country’s energy system over the next decade, according to UK country chair David Bunch.
[Read more…] about Shell to invest £25bn in UK energy systems
Norwegian energy major Equinor ASA said Monday it has decided to stop new investments into Russia and to start the process of exiting from its Russian joint ventures following Moscow’s attack on Ukraine.
[Read more…] about Equinor to exit from Russia JVs amid Ukraine invasion
Iberdrola continues to strengthen its global leadership in the offshore wind sector, this time in Massachusetts, U.S.A.
[Read more…] about Iberdrola to invest 10 billion dollars in offshore wind Massachusetts
The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony for the 240 MW wind power plant with an investment value of SAR 1.125 billion (US$300 million), following the signing of power purchase, investment and transfer agreements according to an independent power generation project model.
[Read more…] about First foreign investment in Azerbaijan’s onshore renewable power sector
BW Ideol has executed an investment agreement with JERA, Japan’s largest utility company, and ADEME Investissement to create an investment company for financing the co-development of offshore wind projects using BW Ideol’s patented Damping Pool technology over the next 5 years.
[Read more…] about Investment agreement for financing floating wind projects
Yesterday Peter Obling, Head of Markets & Commercial, Continental Europe at Ørsted, explained in Dagens Industri that Ørsted is ready to invest tens of billion SEK in constructing offshore wind in order for Sweden to get access to large scale renewable energy and meet its net zero CO2 targets.
[Read more…] about Ørsted ready to invest tens of billion SEK in Swedish offshore wind sector
European ports will require new infrastructure and significant investment over the next few years to cope with the growth of the region’s offshore wind sector, according to a new report from industry body WindEurope.
[Read more…] about Europe’s ports need to invest $7.9 billion to support offshore wind expansion
Spanish developer Iberdrola has accelerated its commitment to the Japanese offshore wind market with a new 600-MW project. [Read more…] about Iberdrola makes second Japanese offshore investment
Vestas announced Thursday that it had invested in a Swedish firm which develops and manufactures wooden wind turbine towers. [Read more…] about Vestas invests in Swedish firm that builds wooden towers for wind turbines
Europe confirmed a record amount of €26.3bn of investments in new offshore wind farms in 2020. [Read more…] about Europe invests a record €26bn in offshore wind in 2020