Latest News for: Offshore investment projects

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GIG's Corio, Ontario Teachers’ pursuing 9-GW offshore wind JV

Renewables Now 13 May 2022
Corio Generation has joined hands with Ontario Teachers’ Pension Plan Board in an alliance that aims to finance the development of up to 9 GW of offshore wind projects globally ... 14 fixed-bottom and floating offshore projects in South Korea, Taiwan, Japan, Ireland and the UK.
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China speeds up future-oriented infrastructure development

People Daily 12 May 2022
On April 26, China Huaneng Group, a major state-owned power company, started the construction on seven large-scale offshore wind power projects in northeast China's Liaoning Province, with a total investment of more than 14 billion yuan.
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Heerema in supplier contract for US East Coast offshore wind projects

Seatrade Maritime News 11 May 2022
Equinor and BP investing $250m in New York offshore wind hub. “The award of this unique agreement is yet another chapter in a long history of working together globally with both Equinor and BP on often challenging offshore installation projects,” commented Heerema’s CEO Koos-Jan van Brouwershaven.
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Xinhua Headlines: China speeds up future-oriented infrastructure development

Xinhua 11 May 2022
On April 26, China Huaneng Group, a major state-owned power company, started the construction on seven large-scale offshore wind power projects in northeast China's Liaoning Province, with a total investment of more than 14 billion yuan.
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'Energy heroes': New documentary highlights efforts to bring clean energy to Somerset

The Herald News 10 May 2022
The site will now be transformed into the Massachusetts’ first offshore wind manufacturing facility, with plans for it to manufacture submarine power cables for both the Commonwealth Wind and Park City Wind offshore wind projects ... Brayton Point to reap benefits of offshore wind ... “The project’s back on; wind’s full steam ahead.
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The time is now for Vietnam’s Blue Economy

Asiatimes 10 May 2022
... which can help the country focus on prioritizing public investment and encourage the private sector to invest in projects using green technologies for low carbon development of sectors such as offshore wind and tidal energy, industry, transport, and marine coastal tourism.
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Canada’s Record Oil Exports Test Trudeau’s Climate Ambitions

Principia Scientific 10 May 2022
Shipments totaled about C$150 billion over the past 12 months — also a record ... The strategy was evident in recent moves by Trudeau’s cabinet, including the approval last month of a major offshore oil project and the introduction a pricey tax credit for investments in carbon-capture technology ... See more here. gcaptain.com. Header image ... Head Office ... ....
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Global Infrastructure Partners to acquire wpd offshore wind

Power Technology 09 May 2022
US-based infrastructure investor Global Infrastructure Partners (GIP) has agreed to acquire wpd offshore, the offshore wind business of German renewable project developer wpd ... “This investment builds upon GIP’s extensive experience investing in renewable assets and offshore wind projects.
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Rovco makes key appointment to advance global survey business following £15.2m investment

Hellenic Shipping News Worldwide 09 May 2022
The leading provider of offshore subsea and survey projects is making ...
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Greece’s changing fortunes and the energy revolution

Ekathimerini 07 May 2022
Greece has already seen billions of euros invested in renewable energy projects over the past several years, particularly in new wind and solar facilities, as well as in supporting infrastructure, like the extension of the national power grid to Crete and the Aegean Islands.
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wpd to Sell Offshore Wind Business to Global Infrastructure Partners

The Eastern Herald 06 May 2022
Mainstream Renewable Power secures investment decision from Provincial Government for flagship offshore wind project in Vietnam Global Infrastructure Partners ... This investment builds upon GIP’s extensive experience investing in renewables assets and offshore wind projects.
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Germany's Wpd agrees sale of offshore wind business

Renewables Now 06 May 2022
Wpd offshore has interests in five projects in operation or under construction in Germany, France and Taiwan and owns a 30-GW (gross) pipeline of projects in various stages of development ... This investment builds upon GIP’s extensive experience investing in renewables assets and offshore wind projects.
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African Governments to Western Eco-Imperialists Who Tell Them Not to Drill Their Own Oil and ...

The Daily Sceptic 06 May 2022
The Lake Albert project is going ahead following a $10bn investment from the China National Offshore Oil Corporation and Total Energies of France ... According to Real Clear Energy, the project will provide $48.5m in annual payments to Ugandan employees living in one of the least developed countries in the world.
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Gulf of Mexico drilling makes comeback

Lincoln Journal Star 05 May 2022
Even as the industry recovers from the pandemic, its offshore investment globally is set to rise only 7% to $155 billion this year, compared with an 18% increase in shale investments, according to Rystad Energy, a consulting firm ... Worries that today’s high prices won’t last make investing in expensive, time-consuming offshore projects a hard sell.
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Green hydrogen to rise in China

China Daily 05 May 2022
... project in Zhangzhou, Fujian province ... State Power Investment Corp Ltd has also proposed ambitious hydrogen strategies, including its demonstration project in the Tibet autonomous region focused on using hydrogen to overcome the issue of the intermittence of renewable-based power.

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