Iberdrola Sets Sights on Japanese Offshore Wind Industry

Iberdrola, a Spanish multinational electric utility company, says it is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind.  The company has reached an agreement with Macquarie’s Green Investment … Read More

Vestas Appoints Medina President of Vestas North America

Eduardo Medina, currently president of Vestas Mediterranean, has been appointed president of Vestas North America.  Simultaneously, Javier Rodriguez Diez, currently senior vice president of global sales and key account management, will supersede Medina as president of Vestas Mediterranean. Medina replaces … Read More

NJBPU Opens Application Window for Second Solicitation of Offshore Wind

The New Jersey Board of Public Utilities (NJBPU) has voted unanimously to open the application window for the state’s second solicitation of offshore wind capacity.  This second solicitation seeks to award between 1,200 MW and 2,400 MW of offshore wind … Read More

Rapid Development of Clean Energy Needed to Meet Global Climate Goals

A major effort to develop and deploy clean energy technologies worldwide is urgently needed to meet international energy and climate goals, particularly in order to reduce carbon emissions from areas beyond the power sector such as transport, buildings and industry, … Read More

Equinor suffers further delays on Martin Linge project as Covid-19 disrupts topside work

Norwegian energy giant Equinor has experienced a further delay in the development of its operated Martin Linge offshore field. Equinor’s Martin Linge field is currently under development. The platform jacket was installed on the field in 2014 and topside modules … Read More

NJBPU, NJEDA Approve Two MOUs for Offshore Wind, Clean Energy Projects

The New Jersey Economic Development Authority (NJEDA) and the New Jersey Board of Public Utilities (NJBPU) have approved two memoranda of understanding (MOUs) that will make nearly $6 million available to support offshore wind and other clean energy projects in … Read More

Oil & gas after 2020: Will the latest downturn lead to permanent transformation?

Following its third price collapse in 12 years, the oil and gas industry might be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it … Read More

Korean Consortium Acquires Equity Interest in U.S. Wind Portfolio

Korea Hydro & Nuclear Power Co. Ltd., Alpha Asset Management, Sprott Korea Investment, Hana Financial Investment and Korea Investment & Securities, a consortium of Korean infrastructure investors, have signed definitive agreements to acquire a 49.9% equity interest in a portfolio … Read More