Global wind power leader Iberdrola reported a 10% fall in net profit on Wednesday but beat market expectations for a turbulent nine months on energy markets which saw its home government in Spain swoop on utilities' earnings.Power and gas prices…
The UK Government has selected two industrial clusters as Track-1 clusters for the development of carbon capture utilization and storage projects, putting them on course for launch by the mid-2020s with financial support from the government…
Global wind power leader Iberdrola will pour six billion pounds ($8.24 billion) into a wind farm complex in the North Sea off the east coast of Britain, in its biggest project investment worldwide, it said on Monday.Iberdrola said in a statement it would foot the bill for the East Anglia Hub site…
Passive well integrity monitoring firm Sentinel Subsea has secured an investment from Alba Equity and Scottish Enterprise as it continues to develop its technology for the monitoring of subsea wells.Founded in 2018, Sentinel Subsea has developed WellSentinel…
The UK government has joined the Offshore Renewable Energy (ORE) Catapult’s Floating Offshore Wind Centre of Excellence (FOWC0E) as a strategic partner, through its Department for Business, Energy and Industrial Strategy (BEIS).The center's…
O2, dubbed the world's most powerful tidal turbine, and built by the Scottish engineering firm Orbital Marine, has this week started power generation at the European Marine Energy Centre (EMEC) in Orkney. The floating turbine is anchored in…
Companies vying for rights to develop wind farms off the coast of Scotland, as part of the ScotWind seabed lease sale, have filed 74 applications by July 16 deadline.Crown Estate Scotland today confirmed that 74 applications have been received…
Renewable firms, oil majors and investors said they would bid into Scotland's offshore wind leasing round which closed on Friday, signaling the huge demand globally for the rights to build new offshore wind farms.Crown Estate Scotland's ScotWind…
Oil and gas major Shell and Iberdrola-owned Scottish Power said on Friday they had joined forces to bid to develop large-scale floating wind farms off the coast of Scotland.The companies said they had submitted proposals for the potential projects as part of Scotland's offshore wind leasing round…
Italian oil giant Eni is working to boost its renewable energy portfolio further after it last year entered the Dogger Bank, the world's largest offshore wind project, on its path towards delivering 60 GW of renewables installed capacity by 2050…
Simec Atlantis Energy (SAE) has informed that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government's pre-use inspection tests. The site, which features the AR500 tidal turbine installed earlier this year…
Carbon Trust said Monday that a joint project was underway to examine the impact of increased monopile size on structural stability.The project, called the Verification of Buckling Assessment and Behaviour in Large Monopiles (VERBATIM) project is a €3 million joint industry initiative…
Scotland-based OGTC has extended its latest Call for Ideas to June 14, with the organization set to invest up to £1million (around $1,4 million) 'in game-changing technologies which will accelerate Hydrogen production, transportation, storage and utilization…
SKF is participating in a tidal power project off the Orkney Islands.Orbital Marine Power, Scottish-based developers of the world’s leading floating tidal turbine technology, has now launched its first commercial 2MW unit, the Orbital O2, which…
Scottish Renewables, Scotland's renewable energy industry association, has created a new role aimed at strengthening the renewable energy industry’s voice in the transition to a net-zero energy system.The organization’s new Energy Transition…
