Equinor and bp have completed their previously announced transaction, whereby Equinor has sold a 50% interest in both the Empire Wind and Beacon Wind assets on the US east coast for a total cash consideration of around USD 1.1 bn excluding customary purchase price adjustments.
UK floating offshore wind could reach “subsidy-free” levels by the early 2030s, according to a study completed by the Offshore Renewable Energy (ORE) Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE).
President Biden has signed an Executive Order that includes doubling offshore wind power generation in U.S. federal waters by 2030.
The Danish company Wavepiston has installed the first full-scale modules, of its wave energy converter (WEC) at the test site of the Oceanic Platform of the Canary Islands (PLOCAN). Their device allows the conversion of wave motion into electricity and desalinated water.
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.