Latest News for: Offshore investment projects

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Legal framework required for renewable export opportunities

Vietnam News 23 Sep 2023
By 2030, Việt Nam's offshore wind power is projected to reach 6,000MW, with a goal of over 70,000MW by 2050 ... By 2030, Việt Nam's offshore wind power is projected to reach 6,000MW, with a goal of over 70,000MW by 2050.  ... Earlier, the Ministry of Planning and Investment said in ...
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Mitsui, Northland to invest in Taiwan offshore wind farm

Taipei Times 22 Sep 2023
Mitsui & Co and Northland Power Inc (北陸能源) are to invest in a ¥960 billion (US$6.5 billion) offshore wind project off Taiwan’s east coast that would generate enough electricity for 1 million households ... The investment decision comes as soaring costs derail offshore wind projects around the globe, even as demand for renewable power has jumped.
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Japan's Mitsui, Canada's Northland to build 1 GW offshore wind farm in Taiwan

Reuters 22 Sep 2023
The deal comes as countries around the globe are seeking to attract investment in offshore wind power projects to help combat global warming by reducing their use of fossil fuels. Mitsui and Northland, which won the stake in the Hai Long bottom-fixed offshore wind project in 2018, ...
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UK gives green light to RWE’s Welsh offshore wind farm

Splash24/7 21 Sep 2023
UK Secretary of State for Energy Security and Net Zero Claire Coutinho has given the go-ahead to Wales’ largest renewable energy investment this decade – RWE’s Awel y Môr offshore wind farm ... RWE is also involved in four of the UK’s seven offshore wind extension projects, plus two Round 4 Dogger Bank South projects.
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Fincantieri Cuts Steel for U.S.-Built SOV to Support Offshore Wind

The Maritime Executive 21 Sep 2023
The Biden administration highlights that companies have announced 18 offshore wind shipbuilding projects as well as investments of nearly $3.5 billion across 12 manufacturing facilities and 13 ports to develop the American offshore wind supply chain ... the offshore wind industry.
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FDI inflows fall by a quarter of last year’s amount

Taipei Times 21 Sep 2023
For example, Singapore’s DBS Bank Ltd received approval to invest an additional NT$52 billion (US$1.62 billion) in its Taiwan unit, while Germany’s Yunlin Holding GmbH, the holding company of Yunneng Wind Power Co (允能風力發電), received approval to increase its offshore wind farm project capital in Taiwan by NT$29.2 billion.
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Uganda: The Bitter-Sweet Sides of Uganda's Oil and Gas Development

All Africa 21 Sep 2023
... a potential investment portfolio estimated at more than USD 15 billion.
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Atlantic politics erupting over offshore wind legislation

Moosejaw Today 20 Sep 2023
But he said timing is of the essence because lots of competition exists for the investments, and if Canada doesn't want to miss them, it needs to pass the bill allowing for offshore wind projects ... existing and future offshore oil and gas projects, as well as renewable projects.
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Biden action plan to boost offshore wind and grid resilience

Splash24/7 20 Sep 2023
Since Biden took office, companies have announced 19 offshore wind shipbuilding projects as well as investments of nearly $3.5bn across 12 manufacturing facilities and 13 ports to strengthen the American offshore wind supply chain.
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Gov’t unshackles grip on guarantees for foreign investors

Capital Ethiopia 18 Sep 2023
Aman and Partners LLB, a law firm based in Addis Ababa, commented that the enacted directive allow certain strategic investment projects preferential treatment to open offshore accounts, to provide convertibility guarantees and to benefit from an increased debt-to-equity ratio.
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US Energy Department Unveils Interactive Map Showing New Clean Energy Investments

Slashdot 17 Sep 2023
The announcement notes 500 "planned investments in at least 450 new or expanded clean energy manufacturing facilities, totaling over $160 billion in announced private and public sector investments" in solar, battery, and offshore wind manufacturing projects — as well as in electric vehicle assembly, components, and chargers.
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TotalEnergies to assess US$9-b investment in Suriname oil production

Jamaica Observer 15 Sep 2023
SURINAME'S quest for an oil boom has been reignited by France-based TotalEnergies announcing that it will begin development studies for a large oil project offshore the Caribbean nation before the end of this year.
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California Legislature approves plan allowing the state to buy power

The Daily Journal - San Mateo 15 Sep 2023
To do that, supporters say the state will have to invest in offshore wind projects, which typically generate the most power at night when solar energy is not as abundant. Supporters say it would be more efficient for these offshore wind projects to sell all of their electricity to ...
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California Senate approves plan allowing the state to buy power

Wtop 15 Sep 2023
To do that, supporters say the state will have to invest in offshore wind projects, which typically generate the most power at night when solar energy is not as abundant. Supporters say it would be more efficient for these offshore wind projects to sell all of their electricity to ...

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Creative Commons / Mil.ru https://creativecommons.org/licenses/by/4.0/deed.en
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AP / Sevastopol Governor Mikhail Razvozhaev telegram channel via AP, File
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