Dutch utility Eneco said Thursday it will partner with Norwegian energy group Equinor ASA (NYSE:EQNR) to bid in the tenders for the IJmuiden Ver Alpha and Beta offshore wind sites in the Netherlands, together representing 4 GW of capacity. The Dutch government plans to start tender procedures for the two sites this year. Under the […]
Sector majors go head-to-head in New York’s 3rd offshore wind competition – EQ Mag
Sector majors go head-to-head in New York’s 3rd offshore wind competition. New York’s third competitive offshore wind solicitation, launched last summer with a target of at least 2,000 MW, closed for project submissions on January 26, but not before drawing bids from some of the sector majors. EQUINOR AND BP Norwegian energy group Equinor ASA […]
Equinor Triples Low-Carbon Hydrogen Production Plans in UK to 1.8 GW
Adds 1.2 GW to blue hydrogen plant by 2030. Targets over half of UK 5-GW target with partners.FID dependent on strong policy framework. Norway’s state-controlled energy company Equinor has upped its plans for developing low-carbon hydrogen in the UK, tripling its target to 1.8 GW of production and aiming to deliver with partners over half […]
Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals
Equinor will increase the share of investment it dedicates to renewable energy and so-called low-carbon solutions as it seeks to broaden its business, the Norwegian oil and gas producer said in a strategy update on Tuesday. The company will increase its dividends and introduced a new share buyback initiative, it said. Equinor will increase the […]
Equinor, BP win New York contracts for offshore wind power
OSLO: Norwegian energy major Equinor has won a contract to supply offshore wind to the U.S. state of New York from the planned Empire Wind 2 and Beacon Wind 1 projects, the company said in a statement on Wednesday.Operator Equinor announced in October it was bidding for the two projects, which together have the potential […]
Norway’s Equinor, Hydro and Scatec to build solar farm in Brazil
OSLO: Equinor, aluminium producer Norsk Hydro and renewables company Scatec plan to jointly build a 480 megawatt (MW) solar farm in Brazil, they said on Wednesday. The three companies have signed a memorandum of understanding to develop the project, Scatec said in a statement, which did not give details of the cost. The joint […]
Panasonic, Equinor, Hydro consider battery production in Norway
The three companies said in a joint statement that the initiative would be “based on Panasonic’s leading technology and targets the European market for electric vehicles and other applications. OSLO: Panasonic, Equinor and Norsk Hydro will explore opportunities to set up a lithium-ion battery production business in Norway, targeting auto makers as potential customers, the […]
Panasonic, Equinor and Hydro to explore potential for European battery business
Leading technology company Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. SPARKS, Nev.: The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the […]
World’s Biggest Offshore Wind Farm Will Boast World’s Largest Installed Turbines
On the day it walks away from coal, GE bags a huge 2.4-gigawatt turbine order for the U.K.‘s Dogger Bank project. The world’s largest planned offshore wind farm will use the world’s largest installed offshore wind turbines when it starts spinning in British waters. SSE Renewables and Equinor are developing the 3.6-gigawatt Dogger Bank project […]
How BP Plans to Make Oil-Like Returns From Renewables
The oil major wants to make returns of 8 to 10 percent from renewables projects as it chases a 50-gigawatt target for 2030. The shift to low-carbon energy will transform oil companies, and BP wants to be at the vanguard of the industry in making those changes, having set a net-zero target for 2050 earlier […]
