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Wednesday, August 14, 2024

Maritime Blogs

Poland keeps ambitious climate strategy, isn't breaking election promise, authorities says

Posted to Maritime Reporter on May 7, 2024

Commission with a green energy target disappointing a. preelection promise. Civic Union, the biggest grouping in the ruling camp,. ran in the Oct. 15 election vowing it would look for to achieve. in between 65% and 70% of power production from renewable resource. sources by 2030.

New Eskom boss under pressure to turn South Africa's lights back on

Posted to Maritime Reporter on May 5, 2024

back on. technical and monetary crises. He will be dealing with a government shareholder that has actually a. conflicted vision for the nation's future energy mix and is. having a hard time to move on a significant overhaul of its. electrical energy supply market.

United States utility-scale solar setup struck all-time high in 2023, research study group states

Posted to Maritime Reporter on May 4, 2024

projects in the United States added a record 15 gigawatts (GW). of capacity in 2023, up 60% from the year prior and marking an. alltime high, according to information from ecological research study. group Kayrros. The velocity remained in part due to a rebound impact from.

Alberta to ban some renewable energy tasks, greens say move is 'uncertainty bomb'

Posted to Maritime Reporter on May 4, 2024

said on Wednesday. would follow, prompting one green group to grumble that an. unpredictability bomb had been dropped on an once booming sector. Last year, Alberta temporarily stopped approvals of major. new projects in the middle of concerns over renewables' reliability and land.

Engie raises $1 billion in tax equity funding for US renewables

Posted to Maritime Reporter on May 4, 2024

projects in U.S. markets, the business stated on Tuesday. of wind. funding contracts for Engie North America, the company's. Houston-based unit. It did not instantly respond to a request for remark. Engie said on Thursday it took a 714 million euro ($ 774.

EU 2030 wind target within reach thanks to financial investment, enhanced allowing, industry body says

Posted to Maritime Reporter on May 4, 2024

association report showed on Tuesday. capability each year, increasing installed capacity to 393 GW. set up. the decade. capacity, 79% of which was onshore. brand-new EU rules targeted at simplifying and speeding up the procedure. greater allowing volumes. to strengthen and support the industry.

Record year for wind farms raises wish for EU green energy objectives

Posted to Maritime Reporter on May 4, 2024

industry group WindEurope stated on Wednesday. rates and unpredictable energy markets after Russia invaded Ukraine. invested in 2022. which was onshore wind farms, the group stated. federal government renewable resource auctions. 2023, compared with the year before. in the fourth quarter of 2023.

Utility Iberdrola sees earnings growing by as much as 7% in 2024

Posted to Maritime Reporter on May 4, 2024

to invest 12 billion euros ($ 13 billion) throughout the year, a. new record for the company. It added it anticipated its 2024 dividend to rise in line with. net earnings. Executive Chairman Ignacio Sanchez Galan stated Iberdrola. would continue to invest substantially in the energy.

France's Engie takes $774 mln charge for US wind turbines, cost drop

Posted to Maritime Reporter on May 4, 2024

turbines in the United States and a fall in some U.S. energy rates. while the cost drop remained in the U.S. Southwest Power Swimming Pool (SPP),. which ranges from Montana in the north to New Mexico in the south. It's a very local concern, it's company-related, the bulk of.

Colombia's Celsia weighs taking out of wind jobs amidst neighborhood resistance

Posted to Maritime Reporter on May 4, 2024

communities. manufacturer off its reliance on fossil fuels. delays, with lots of promised jobs still not in operation. project in Peru. Due to the fact that of, technical impossibilities to get in into operation ... delays in transmission lines, Celsia added. megawatts. in 2023 to about $89 million.

Tape United States renewable energy financial investment insufficient to meet environment goals -report.

Posted to Maritime Reporter on May 4, 2024

U.S. released on Wednesday. non-profit Energy Development examined U.S. Reduction Act (INDIVIDUAL RETIREMENT ACCOUNT). The findings were blended. electric automobiles are satisfying researchers' projections. energy innovations like wind and solar farms. 9.4%, according to the report.

Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.

Posted to Maritime Reporter on May 3, 2024

Shipping group Maersk raised its full-year earnings guidance after reporting first-quarter incomes on Thursday, citing strong demand and higher freight rates as ships cruise for longer to avoid dispute in the Red Sea.The business, viewed as a barometer of world trade…

5 groups receive Norway offshore wind tender

Posted to Maritime Reporter on April 28, 2024

Friday. Parkwind and Ingka, and Energie Baden-Wurttemberg. for the rights to build the wind farm. stated in a declaration. these companies. certify, as did the business Hydroelectric Corporation. ministry did not say why the 2 were neglected.

UK government expects bidders to go back to offshore wind auction

Posted to Maritime Reporter on April 25, 2024

will make a comeback in the new round to happen in March, a. senior federal government official said on Thursday. A broader renewable resource auction, called AR5, kept in. September stopped working to attract any quotes from overseas wind.

Prysmian re-jigs Latam management, eyes overseas wind farm demand in Brazil

Posted to Maritime Reporter on April 25, 2024

the business informed Reuters. CEO for Latin America previously this year. operations for the region. Brazil, which count on submarine cables to deliver energy. cable televisions will be all set, Boronat told Reuters. offshore wind farms. prepare its plants, according to Tonon.

Eversource Energy to sell stake in 2 overseas wind jobs for $1.1 bln

Posted to Maritime Reporter on April 25, 2024

said it will sell its stake in two energy jobs in a $1.1. billion offer that assists the New Englandbased power business exit. the distressed overseas wind company. Eversource stated it would offer its 50 percent share in the. 132-megawatt South Fork and the 704-megawatt Transformation offshore.

Siemens Energy to invest $150 million in United States transformer factory

Posted to Maritime Reporter on April 24, 2024

Wednesday it will invest $150 million in a brand-new U.S. transformer factory. local jobs. Power transformers are key to decarbonising the U.S. by 50-52% from 2005 levels by 2030. In November, U.S. tasks that are crucial to the energy transition. see the long-lasting capacity to increase our U.S.

United States completes 2 offshore wind energy areas in Oregon

Posted to Maritime Reporter on April 21, 2024

30 gigawatts of overseas wind power along U.S. years to fight environment change. supply chain, stated the firm, which belongs to the U.S. Department of the Interior. Maine and the U.S. Central Atlantic coast. Progress to develop the U.S. increased project expenses. stated they expanded their U.S.

New Jersey energies board approves 2024 power auction results

Posted to Maritime Reporter on April 21, 2024

The New Jersey Board of Public

Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East

Posted to Maritime Reporter on March 5, 2024

War tensions in both Ukraine and the Middle East have had an increasingly disruptive effect on the global shipping market. As the ongoing conflicts in these regions continue, the impact has had a butterfly effect on maritime trade, shipping routes…