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Acteon Launches Cloud-Based Platform for Offshore Energy Subsea Assets and Data
The offshore energy industry could now have a method to monitor subsea assets in a new way. According to Offshore Energy, Acteon, through its geo-services brand UTEC, has launched a cloud-based platform that gives the offshore energy industry a 360° visualization of subsea assets and data. Designed to meet the needs of the offshore renewable
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Floating Solar PV Plant Completed in Austria
A major solar energy project was recently completed in Europe. According to Energy Monitor, ECOwind, a subsidiary of German renewables developer BayWa r.e., and Austrian energy supplier EVN recently finished constructing an expansive floating solar photovoltaic (floating PV) plant in Grafenwörth, Lower Austria. “We are in the decade that matters,” said Benedikt Ortmann, global director of solar projects at BayWa r.e., in a
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Telecommunications Company to Roll out Europe’s Largest Distributed Virtual Power Plant
A Finnish telecoms company will use a multi-million dollar grant from the Finnish government to deploy a ‘Distributed Energy Storage’ solution across its network. According to Energy Monitor, telecommunications company Elisa was awarded a €3.9m ($4.16m) grant from the government of Finland to move forward with a ‘Distributed Energy Storage’ (DES) solution across its network.
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Offshore Wind Farm Could Power UK Oil & Gas Platforms by Mid-2020s
Oil and gas platforms in the United Kingdom are on track to soon have a new power source. According to Offshore Energy, two European-based oil and gas companies, Flotation Energy and Vårgrønn (who announced they are partnering together on the project), have submitted a Marine Licence application for the Green Volt floating offshore wind farm
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EverWind Approved to Become First Green Hydrogen Facility in North America
A green hydrogen facility is coming to Canada. According to Reuters (via EnergyNow), EverWind Fuels told Reuters it is now the first green hydrogen producer in North America to secure the required permits for a commercial-scale facility. Provincial authorities in Canada granted environmental approval for EverWind to transform a former oil storage building and marine
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New Research Suggests AI in Renewable Energy Market Is Booming Worldwide
Renewable energy is investing heavily in artificial intelligence, recently published research suggests. According to a press release from SB Wire, the recent research publication on Global AI in the renewable energy market provides insights into the evolution of the competitive environment, the lifecycle stage, and opportunities. The survey with AI in renewable energy investors &
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BP Announces Offshore Wind Innovation Hub Opening in Brooklyn
An oil and gas major has made a major renewable energy investment in the United States. According to a press release from BP, the company announced that the Offshore Wind Innovation Hub (OWIH) has opened and is looking for its first call for applications. The Brooklyn-based Hub was founded in mid-2022 to identify and help
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U.S., UAE Announce First $20 Billion Investment to Fund 15 GW in New Clean Energy
The first steps have been announced for a clean energy initiative between two major industrialized nations. According to Reuters (via Energy Now), the United States and the United Arab Emirates announced on Sunday that the first $20 billion of their $100 billion clean energy partnership would be allocated to fund 15 new gigawatts of renewable
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GM, Ford, Google Partner to Promote ‘Virtual’ Power Plants
Some major corporations are partnering together on a joint venture. According to Reuters (via EnergyNow), companies including GM, Ford, Google, and solar energy producers announced they would work together to establish criteria for increasing the use of virtual power plants (VPPs), systems for reducing loads on electricity grids when supply is short. The companies said
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Several Solar Panel Manufacturers Increase Production as Costs Tumble
Solar panel production could increase dramatically soon. According to EnergyNow, a number of large solar-panel makers are increasing production in anticipation of a financial boon to clean energy. One key reason is the fall in material costs for solar panels that had been heightened for over a year.Three leading Chinese module manufacturers are increasing January
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Chevron, Baseload Capital Create Joint Venture Exploring Geothermal Development
According to a company news release, the Chevron Corporation, through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States. The two companies will collaborate on driving geothermal opportunities – including identifying the best prospects for development, operations and progressing the next generation of
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Construction of $11 Billion Desert Renewables Project Begins in China
A massive renewables project has started in northern China. According to EnergyNow, China began construction on an 80 billion yuan ($11 billion) renewables project in Inner Mongolia, part of a huge clean-power initiative to reach the nation’s ambitious climate targets. Located in the Kubuqi Desert, the project will have 16 gigawatts of power capacity when
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