Wind Energy

US Oil Major Chevron Enters Offshore Wind Market

U.S. oil major Chevron, together with Norwegian company Moreld Ocean Wind, is set to invest in offshore wind technology at Ocergy, a U.S. company developing a low-cost floating wind foundation and a multi-disciplinary environmental monitoring buoy. Ocergy secured the investments through its Series A equity fundraising round to accelerate the …

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Greece Prepares for Offshore Wind Farm Investments

The institutional framework for offshore wind farms and energy storage will be ready by June 2021, Environment and Energy Minister Kostas Skrekas told the Blue Economy Forum, titled “The Way to a Green Recovery,” on Tuesday. He said it would include issues of licensing, installations and connections to the power …

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Oil Majors are Driving aWind Energy Revolution

Thanks to zero-carbon promises, wind farms are expected to overtake the number of oil rigs in British waters by 2030. Oil majors are diversifying their energy production to evolve with the times. Both BP and Total have highlighted strategies for wind energy production in the U.K., with BP investing £924 …

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