Monday, November 18, 2019
offshore wind farm
Maritime News

Earth’s Increasing Wind Speeds a Boon for Offshore Renewables

By William Mathis (Bloomberg) –The world is getting windier at the same time that developers are installing more turbines to generate electricity from breezes. Average wind speeds rose about 7%...

November 18, 2019
Total Views: 9

Thursday, June 27, 2019
FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool
Maritime News

Britain’s New Net Zero Emissions Target Becomes Law

By Susanna Twidale LONDON, June 27 (Reuters) – Britain’s new target to reach net zero greenhouse gas emissions by 2050 became law on Thursday, making it the first among the...

June 27, 2019
Total Views: 1

Friday, June 21, 2019
offshore wind farm
Maritime News

Clean Energy Becomes Dominant Power Source in U.K.

By Jeremy Hodges (Bloomberg) –The U.K. will generate more energy from low-carbon sources than from fossil fuels this year for the first time since the Industrial Revolution. Wind, solar, hydro...

June 21, 2019
Total Views: 26

Thursday, June 20, 2019
offshore wind farm under construction
Maritime News

Renewable Energy Sector Hails New York State’s New Climate Plan

By Dave Gregorio NEW YORK, June 20 (Reuters) – Investors, developers and users of renewable energy at an industry conference in New York this week were buzzing about the state’s...

June 20, 2019
Total Views: 2

Wednesday, July 11, 2018
offshore wind turbine
Maritime News

John Browne: Oil and Gas Companies Will Lead Energy Revolution

By John Browne (Bloomberg Opinion) — When it comes to climate change, I have always been a believer: not in hand-wringing debate, not in unrealistic solutions like the elimination of hydrocarbons, but...

July 11, 2018
Total Views: 10

Tuesday, May 15, 2018
Dudgeon offshore wind farm

Statoil Drops the ‘Oil’: Shareholders Approve Name Change to Equinor

Shareholders of Norwegian energy giant Statoil have approved a proposal to change the company’s name from Statoil ASA to Equinor ASA reflective of the company’s (and Norway’s) growing focus on...

May 15, 2018
Total Views: 14

Tuesday, April 3, 2018

United States’ First Floating Wind Farm Could Be Coming to Northern California

An offshore wind farm proposed for off the coast of Northern California could become the first in the United States to use floating wind turbines. On Tuesday, the Redwood Coast...

April 3, 2018
Total Views: 75

Tuesday, October 24, 2017
offshore wind farm

Big Oil Is Investing Billions to Gain a Foothold in Clean Energy

By Anna Hirtenstein (Bloomberg) — The world’s biggest oil companies are closing more clean energy deals as pressure to diversify their businesses mounts and growth accelerates among green technologies. Oil...

October 24, 2017
Total Views: 60

Monday, July 10, 2017
auger tension leg platform

Shell Plans to Spend $1 Billion a Year on Clean Energy by 2020

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power...

July 10, 2017
Total Views: 21

Friday, May 26, 2017
Maritime News

Could Energy-Generating Kites Replace Offshore Wind Turbines?

By Anna Hirtenstein (Bloomberg) — Power-generating kites backed by Royal Dutch Shell Plc, Schlumberger Ltd. and EON SE will start tests in the U.K. this summer, with the aim of...

May 26, 2017
Total Views: 32

Monday, November 21, 2016
openhydro tidal power turbine

Tidal Power Developers Bet on Sea Change in Indonesia Renewables Sector

By Fergus Jensen and Wilda Asmarini JAKARTA, Nov 20 (Reuters) – A well-connected Indonesian marine renewable energy company and OpenHydro, a unit of French state-owned naval defence company DCNS, aim...

November 21, 2016
Total Views: 7

Wednesday, April 29, 2015
atlantic resources
Maritime News

Siemens Sells Tidal Energy Unit After Losing Faith in Sector

Siemens AG sold its tidal-power unit to Atlantis Resources Ltd. after losing faith in an industry it said was taking too long to grow.

April 29, 2015
Total Views: 154

Wednesday, July 9, 2014
Maritime News

ABB to Build First Power Link From Newfoundland to U.S. Markets

ABB Ltd., the world’s largest maker of transformers, won a $400 million contract to build the first electricity link between Newfoundland and the North American power grid.

July 9, 2014
Total Views: 4

Wednesday, March 13, 2013

ExxonMobil Predicts North America Will be Exporting Significant Energy Resources by 2040

(Bloomberg) — Exxon Mobil Corp., the largest U.S. oil company, said North America may be able to export 15 percent of its natural gas output and 5 percent of oil...

March 13, 2013
Total Views: 2

Wednesday, December 12, 2012

U.S. to Award $169 Million to Offshore Wind Pilot Projects

By Andrew Herndon The U.S. Department of Energy will award as much as $169 million to seven proposed offshore wind projects in six states. The wind farms, off the coasts of Maine, New...

December 12, 2012
Total Views: 3

Friday, November 30, 2012

U.S. Announces First-Ever Offshore Wind Energy Lease Sales

The U.S. Department of The Interior today announced the nation’s first-ever lease sales for renewable energy development in two wind energy areas (WEAs) on the Outer Continental Shelf, proposing nearly...

November 30, 2012
Total Views: 2

Tuesday, October 23, 2012

U.S. Awards Second Offshore Wind Farm Lease But Uncertainty Remains

(Bloomberg) — The U.S. Interior Department agreed to lease more than 96,400 acres of ocean off the Delaware coast for an offshore wind farm, while NRG Energy Inc., the project’s owner, considers selling...

October 23, 2012
Total Views: 21

Friday, September 21, 2012

America’s First Ocean Energy Project Now Online

The United States’ first grid-connected tidal power project is now online and delivering electricity to the grid from an underwater power system in Cobscook Bay, Maine, the U.S. Department of Energy said...

September 21, 2012
Total Views: 5

Wednesday, July 11, 2012

P&O Ferries Set to Show Off Entrance in Renewable Energy Segment

P&O Ferries is set to highlight its anticipated future in the renewable energy sector at an industry event set to kick off in the UK on Thursday. As reported in...

July 11, 2012
Total Views: 3

Friday, August 19, 2011

New concept converts oceans solar energy into low-cost electricity

Illustration courtesy ABS The American Bureau of Shipping has just approved a new concept for renewable energy production for a commercial grid that converts the solar energy of tropic oceans...

August 19, 2011
Total Views: 2