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Equinor powers ahead with floating wind turbines despite oil crash

The long-planned project is going ahead despite Equinor’s decision to cut investment following a plunge in oil prices that has reduced the company’s cash flow. OSLO: Norway approved on Wednesday Equinor’s 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, […]

WEF Oct 01, 2021…Gst rates on renewable energy equipment might go up – EQ Mag Pro