Tag: wind

Energy, Oil & Gas

TotalEnergies ends US offshore wind projects with interior Dept

TotalEnergies has signed settlement agreements with the US Department of the Interior (DOI) to relinquish its Carolina Long Bay lease (Lease OCS-A 0545) and its New York Bight lease (Lease OCS-A 0538), both awarded in 2022, along with its partners. As a result, TotalEnergies will no longer develop offshore wind projects in the US....

Energy, Oil & Gas

TotalEnergies divests 50pc of 424 MW portfolio in Greece

TotalEnergies has sold 50% of its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners, valuing the assets at €508 million ($1.4 million), or about €1.2 million per MW, while retaining joint ownership and operational control....

Energy, Oil & Gas

Saudi Arabia awards $2.4bn renewable energy projects

Saudi Power Procurement Company has awarded SAR9 billion ($2.4 billion) renewable energy projects to consortiums of leading global players such as French group TotalEnergies, Korea Electric Power Corporation as well as regional heavyweight Masdar. ...

Energy, Oil & Gas

FairWind acquires Cosmic Group to scale APAC wind expertise

Renewables specialist FairWind is set to boost its Asia-Pacific (APAC) presence and accelerate global growth by reaching agreement to acquire Cosmic Group, a leading Australian wind installation and maintenance provider....

Energy, Oil & Gas

Yanbu inaugurates new wind energy systems factory

Al Yamamah Steel Industries Company has launched commercial production at its Al Yamamah Wind Energy Systems Factory in Yanbu Industrial City, Saudi Arabia, with the project being supervised and supported by the Saudi Arabian Ministry of Energy....