Group Outlines Plan for Three Italian Offshore Wind Projects

Credit to Author: Darrell Proctor| Date: Wed, 22 Mar 2023 14:41:58 +0000

offshore-wind

An Italy-based renewable energy group said it will develop three floating offshore wind projects over the next several years that will provide about 2 GW of power generation capacity to the country. GreenIT, a joint venture between Plenitude and CDP Equity, part of CDP Group, on March 22 announced an agreement for design and construction […]

The post Group Outlines Plan for Three Italian Offshore Wind Projects appeared first on POWER Magazine.

Read more

Major Energy Players Seal Big Deals for Renewables

Credit to Author: Darrell Proctor| Date: Thu, 01 Dec 2022 05:14:00 +0000

The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power generation project portfolios. Among the latest is

The post Major Energy Players Seal Big Deals for Renewables appeared first on POWER Magazine.

Read more

Major Energy Players Seal Big Deals for Renewables

Credit to Author: Darrell Proctor| Date: Thu, 01 Dec 2022 05:14:00 +0000

The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power generation project portfolios. Among the latest is

The post Major Energy Players Seal Big Deals for Renewables appeared first on POWER Magazine.

Read more

Norway Setting Strategy for Offshore Wind

Credit to Author: Darrell Proctor| Date: Fri, 01 Apr 2022 04:13:00 +0000

Offshore wind is big business in the North Sea, with dozens of wind power installations commissioned in the region over the past two decades. Norway, a country that gets 98% of its power from renewable energy

The post Norway Setting Strategy for Offshore Wind appeared first on POWER Magazine.

Read more

Oil & Gas Majors Must Cut Output 35% By 2040 To Reach Paris Targets

Credit to Author: Joshua S Hill| Date: Mon, 04 Nov 2019 16:27:28 +0000

A new report from independent financial think tank Carbon Tracker has concluded that the world’s seven leading oil and gas majors must cut production by an average of 35% by 2040 if global emissions are to be reined in and kept “well below” 2°C, in accordance with the Paris Agreement’s commitment. 

Read more

Breakdown Of Interdependency Between Big Auto & Big Oil

Credit to Author: Gerard Reid| Date: Thu, 10 Oct 2019 03:59:05 +0000

Some years back I visited one of the major automobile manufacturers with some investor clients of mine. We met the CTO of that particular company, who asked us “what is the biggest mistake the automobile industry has made in the last century?” Despite the varied responses from the audience, we were all surprised by his answer: “We never controlled the fuel value chain” and to that he added “and we won’t make the same mistake with electric cars.”

Read more