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Latest news - Renewables

Equinor sets ambition to reach net-zero emissions by 2050

Equinor sets ambition to reach net-zero emissions by 2050   Equinor today announces its ambition to become a net-zero energy company by 2050. The ambition includes emissions from production and final consumption of energy. It sets a clear strategic direction and demonstrates Equinor’s continued commitment to long-term value creation in support of the Paris Agreement. “Equ...

Prime Minister Erna Solberg opened the world’s largest test facility for CO2 transport

Prime Minister Erna Solberg opened the world’s largest test facility for CO2 transport   On Friday, 30 October, Prime Minister Erna Solberg opened the world’s largest CO2 transport test facility at Equinor in Porsgrunn. The test facility transports CO2 in pipelines, both in gas and liquid form. The objective is to learn more about how CO2 behaves during pipeline transport, which is important knowledge in order to scale up CO2 transport and storage in the future. &q...

Aker Offshore Wind and Aker BP to collaborate to drive down emissions

Aker Offshore Wind and Aker BP to collaborate to drive down emissions   Aker Offshore Wind chief executive Astrid Skarheim Onsum said, “We look forward to the opening of offshore wind acreage on the Norwegian Continental Shelf (NCS) in 2021. “Together with partners, suppliers and yards, we would like to realise technology-driven commercial-scale projects and support the development of an offshore wind industry in Norway.” The companies intend to collaborate on...

Shell hires Orsted's Brostrom to lead global renewables unit

Shell hires Orsted's Brostrom to lead global renewables unit   Royal Dutch Shell has hired Orsted's North America Chief Thomas Brostrom as Senior Vice President for its Global Renewable Solutions department starting next year, a Shell spokesman said on Friday. Shell is cutting around a tenth of its workforce as part of plans by one of the world’s biggest oil producers and largest fuel retailer to become a low-carbon energy provider, much like other European oil majors...

Equinor bids to develop up to 2.5GW offshore wind for New York

Equinor bids to develop up to 2.5GW offshore wind for New York   Equinor announced that it responded to New York’s second offshore wind solicitation by submitting proposals to the New York State Energy Research and Development Authority (NYSERDA). The submission is in response to the state’s most recent solicitation requesting proposals for up to 2,500MW of offshore wind and a multi-port infrastructure investment plan. Equinor’s bids are for two projects, “E...

The Big Oil Side Hustle: Where 'Renewable' Money Is Really Going

The Big Oil Side Hustle: Where 'Renewable' Money Is Really Going   "It is unrealistic to suggest that renewables could replace conventional baseload fuels."--Gregory Boyce, former CEO Peabody Energy Corp., 2010. Every time an oil and gas major announces a major foray into renewable energy, the skeptics come out like clockwork and lambast the sector for merely trying to burnish its green credentials. Sometimes the criticism appears undeserved because the Oil Maj...

New Zealand to keep oil drilling ban, renewables push

New Zealand to keep oil drilling ban, renewables push   New Zealand's ruling Labour party has won an outright victory in national elections, maintaining the country's ban on new offshore oil and gas exploration and setting the scene for a further expansion of renewable energy. The Labour party will be able to form a majority government in its own right after winning 64 of 120 seats in the 17 October election. It had led a coalition government for the previous three-year ter...

Høglund joins concept development of wind/LNG-run vessels

Høglund joins concept development of wind/LNG-run vessels   Norway’s marine technology provider Høglund Marine Solutions has acquired a majority stake in Vindskip AS – a company developing a wind/LNG-powered vessel concept. The two-third-stake ownership has placed Høglund’s CEO Børge Nogva as Vindskip’s chairman. The companies didn’t disclose financial details of the deal. The concept under development is based on a car c...

Siemens to Supply Gas Turbines for Africa LNG Project

Siemens to Supply Gas Turbines for Africa LNG Project   Siemens Energy reported Wednesday that it will supply six industrial gas turbines for low-emissions onsite power generation at the Total-led Mozambique LNG Project. The turbine supply deal makes up part of a larger contract recently awarded by the Saipem-McDermott joint venture CCS JV, Siemens Energy noted in a written statement emailed to Rigzone. Under the CCS JV contract, Siemens Energy will supply power generation equipmen...

Equinor collaborates with Microsoft on Northern Lights carbon capture and storage value chain

Equinor collaborates with Microsoft on Northern Lights carbon capture and storage value chain Equinor has signed a Memorandum of Understanding (MoU) with Microsoft to explore ways to support the Northern Lights carbon capture and storage (CCS) project as a technology partner. Microsoft will explore using the project to enable the transportation and storage of captured CO2 . Equinor is developing the project together with Shell and Total as equal partners. “Carbon capture and storag...

Major supply chain consultation launched to support offshore wind growth in Massachusetts

Major supply chain consultation launched to support offshore wind growth in Massachusetts   Xodus Group and BW Research Partnership will conduct a research project to assess the local and regional supply chain in support of the growing offshore wind industry in and around Massachusetts. Working on behalf of the Massachusetts Clean Energy Center (“MassCEC”), Xodus and BW Research, in coordination with Greentree Consulting and the Massachusetts Manufacturing Extension Par...

Green hydrogen plans already top 60 GW, but less than half is likely to operate by 2035 as costs bite

Green hydrogen plans already top 60 GW, but less than half is likely to operate by 2035 as costs bite   Proposed green hydrogen projects are surging across the globe as governments seize opportunities afforded by post-pandemic green stimulus packages. Rystad Energy research shows the global pipeline of utility scale green hydrogen developments, meaning projects with capacities greater than 1 megawatt (MW), now exceeds 60 gigawatts (GW), with 87% of this capacity coming from gigawatt-s...

Equinor committing to the Sea Cargo Charter – for more transparent reporting of shipping activity to reach decarbonisation targets

Equinor committing to the Sea Cargo Charter – for more transparent reporting of shipping activity to reach decarbonisation targets A group of the world’s largest companies with shipping activity will for the first time assess and disclose the climate alignment of their shipping activities. The group includes Shell, Total, Ørsted and major other charterers of shipping services. United Nations agencies estimate the international shipping industry to carry around 80% of w...

Equinor and partners progress plan for zero carbon industrial cluster in the UK

Equinor and partners progress plan for zero carbon industrial cluster in the UK   Equinor, together with eleven other companies and organisations, has submitted a joint proposal to create a low carbon cluster in the Humber, the UK’s largest and most carbon-intensive industrial region. The application by the Zero Carbon Humber (ZCH) Partnership is a first step to creating the world’s first net zero industrial cluster by 2040 and will support clean growth in the north-eas...

SSE Renewables: Action needed now to turbo-charge UK's new green power revolution

SSE Renewables: Action needed now to turbo-charge UK's new green power revolution   Following yesterday’s announcement by UK Prime Minister Boris Johnson of strategic investment to support development of the country's offshore supply chain, SSE Renewables Managing Director Jim Smith says now is the time to act to address key barriers and put the UK on a course to delivering 40GW by 2030. It’s hard not to overstate the importance of yesterday’s announcement...

£160m government offshore wind commitment will boost jobs and investment in North East, says NOF

£160m government offshore wind commitment will boost jobs and investment in North East, says NOF   George Rafferty, Chief Executive of NOF, the UK business development organisation for the energy sector, has welcomed the government’s commitment to offshore wind and the announcement by the Prime Minister to invest £160m in ports and factories to support the sector. This funding will provide a boost to North East England, which has become a hub for wind energy activ...

Petrofac wins engineering deal for Aussie green hydrogen project

Petrofac wins engineering deal for Aussie green hydrogen project   Infinite Blue Energy Pty Ltd has picked energy services provider Petrofac Ltd for the engineering design of its AUD-346-million (USD 248m/EUR 211.5m) commercial-scale green hydrogen project in Western Australia. The green hydrogen developer said on Monday it has struck a deal with Petrofac to progress the Arrowsmith project through front-end engineering design (FEED) before a final investment decision is taken in th...

SSE Renewables: Time for ambitious 80% renewable energy target for NI to build a green recovery

SSE Renewables: Time for ambitious 80% renewable energy target for NI to build a green recovery   SSE Renewables has called for the new Northern Ireland Energy Strategy to set an ambitious renewable energy target of 80% and a clear roadmap for the decarbonisation of the energy sector in the region. The call was made today, Monday 5 October, and follows last week’s announcement by Economy Minister Diane Dodds MLA that Northern Ireland will commit to a target not below 70% by 2...

Announcing RUKGOW20 Event Partners

Announcing RUKGOW20 Event Partners Registration closes on the 22nd October   The countdown is on for the Global Offshore Wind 2021 virtual conference and exhibition. That means you can soon immerse yourself in the world of offshore wind, interact with game-changing companies and individuals from the sector and get up-to-date with all the latest news. RenewableUK is delighted to bring you this event virtually for the first time this year, ensuring you don’t miss out despite...

Construction starts on the world's largest floating offshore wind farm

Construction starts on the world's largest floating offshore wind farm   Prime Minister Erna Solberg and Kværner apprentice Arne Linga started construction of Hywind Tampen, a floating offshore wind farm, at Kværner Stord. The technology project opens up new opportunities for Norwegian industry. Prime Minister Solberg and Linga started the cutting robot on the project's first sheet of steel on Thursday, 1 October. Kværner’s assignment will include bu...
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