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OMNI Features|Manila Electric Company MGEN to offer 1,500 MW by 2030.Japanese RE Firm Renova to Invest in U.S. RE and Grid Storage Industry
Jan. 17 2024
OMNI Features|Manila Electric Company MGEN to offer 1,500 MW by 2030.Japanese RE Firm Renova to Invest in U.S. RE and Grid Storage Industry
MGEN said it aimed to strengthen its RE expansion to power the country using a greener energy option. MERALCO is dedicated to carrying out an investment worth Php 18 billion for its RE portfolio, which would encompass capacities from solar and wind.
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OMNI Features|Exploration of Continental Shelf Mineral Resources Open for Application in Norway / IEA Report: Global Renewable Energy Generation Capacity Soars by 50% in 2023 / TITA Initiates One-stop CBAM Declaration Assistance
Jan. 16 2024
OMNI Features|Exploration of Continental Shelf Mineral Resources Open for Application in Norway / IEA Report: Global Renewable Energy Generation Capacity Soars by 50% in 2023 / TITA Initiates One-stop CBAM Declaration Assistance
The Ministry of Petroleum and Energy submitted a White Paper to the Norwegian Parliament (The Storting) in 2023 regarding opening mineral resources on the Norwegian continental shelf and managing crucial underwater mineral resources. This includes fundamental research and impact assessments, consolidating multidimensional knowledge of natural resources, the environment, economic activities, and potential impacts in the region. The impact assessment involves the formulation of evaluation plans and public opinion response assessments.
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CSBC Corporation Taiwan Organized the AHTS "Titan Vessel" Naming Ceremony
Jan. 16 2024
CSBC Corporation Taiwan Organized the AHTS "Titan Vessel" Naming Ceremony
CSBC Corporation Taiwan (hereafter CSBC) aimed to enhance the capabilities of domestic wind power engineering vessels. On January 16 this year, CSBC organized the "Anchor Handling Towing Supply Vessel (AHTS) Naming Ceremony." The ceremony was presided over by CSBC Chairman, Wen-Lon Cheng, with Hsueh-Chen Chen serving as the naming guest, naming the vessel "Titan Vessel" (referred to CSBC No.16). The vessel is hoped to become a formidable asset in future maritime projects within the country.
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OMNI Features|Hywind Scotland Wind Farm to Temporarily Halt Operations for Heavy Maintenance / WindEurope Reveals 17 GW of New Wind Energy Development for 2023 in EU Shortfall from the Annual 30 GW Target Requires Accelerated Progress / Denmark revises 6GW tender materials
Jan. 15 2024
OMNI Features|Hywind Scotland Wind Farm to Temporarily Halt Operations for Heavy Maintenance / WindEurope Reveals 17 GW of New Wind Energy Development for 2023 in EU Shortfall from the Annual 30 GW Target Requires Accelerated Progress / Denmark revises 6GW tender materials
Hywind Scotland, the World's First Commissioning Floating Offshore Wind Farm, to Temporarily Halt Operations for Heavy Maintenance. Located in the Scottish waters, the floating wind farm, Hywind Scotland, developed by Norwegian developer Equinor, has been in operation for 7 years since 2017, featuring Siemens Gamesa turbines. It recently announced a 3 to 4-month interruption in its commissioning for subsequent maintenance work. Developed by Equinor with approval from the Scottish government in 2015, Hywind Scotland is the world's first commissioning floating offshore wind farm, boasting a capacity of 30MW.
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OMNI Features|Urgent Need for Grid Expansion in the U.K. to Achieve Net Zero Carbon Goals / Bloomberg Warning - Czech Automobile Industry May Follow in Detroit's Footsteps / Taipei and Kaohsiung Issue Government Sustainable Bonds for MRT Construction
Jan. 12 2024
OMNI Features|Urgent Need for Grid Expansion in the U.K. to Achieve Net Zero Carbon Goals / Bloomberg Warning - Czech Automobile Industry May Follow in Detroit's Footsteps / Taipei and Kaohsiung Issue Government Sustainable Bonds for MRT Construction
The U.K.'s electricity grid has long been one of the world's most stable and clean grids, with 2022 CO2 emissions one-third less than Germany's grid. According to Guy Newey of Energy Systems Catapult, this results from liberalization and privatization. However, despite its efficient performance, the grid has recently come under the political agenda due to decarbonization requirements and climate change mitigation.
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BlackRock Acquire Global Infrastructure Partners (GIP) Creating a World Leading Infrastructure Private Markets Investment Platform
Jan. 12 2024
BlackRock Acquire Global Infrastructure Partners (GIP) Creating a World Leading Infrastructure Private Markets Investment Platform
BlackRock, Inc. and Global Infrastructure Partners (GIP) jointly announce that they have entered into an agreement for BlackRock to acquire GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.
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Mining billionaire Andrew Forrest has revealed a $2.75 billion alliance with GE Vernova for wind turbine supply
Jan. 12 2024
Mining billionaire Andrew Forrest has revealed a $2.75 billion alliance with GE Vernova for wind turbine supply
Mining billionaire Andrew Forrest has revealed a $2.75 billion alliance with GE Vernova for wind turbine supply. Australia is aiming to have 82% of the national electricity grid powered by renewable energy by 2030. Squadron Energy Thursday officially started work on the Uungula Wind Farm, the largest wind farm being built in New South Wales.
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OMNI Features|Germany's Carbon Credit Revenue Contributing €18.4 billion in 2023 / Carbon Credit Sales Aid Rainforest and Indigenous in Great Bear Rainforest / Taipower's Green Energy Direct Supply Sees a 50% Increase
Jan. 11 2024
OMNI Features|Germany's Carbon Credit Revenue Contributing €18.4 billion in 2023 / Carbon Credit Sales Aid Rainforest and Indigenous in Great Bear Rainforest / Taipower's Green Energy Direct Supply Sees a 50% Increase
Germany's government has achieved a new record in revenue from carbon credit sales, contributing €18.4 billion (approximately NT$620 billion) to the national treasury in 2023. This substantial sum will be allocated for the transformation towards a low-carbon economy.
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Eolmed Floating Wind Farm Starts Taking Shape in Mediterranean Sea
Jan. 11 2024
Eolmed Floating Wind Farm Starts Taking Shape in Mediterranean Sea
Bourbon Subsea Services has successfully installed a Floating Electrical Hub (FEH)[1] at the Eolmed floating offshore wind farm in southern France, marking the completion of the initial phase of the 30 MW project. The FEH, connected to three 10 MW-rated Vestas wind turbines, is expected to generate over 110 million kWh/year by 2025, meeting the energy needs of 50,000 residents.