Tag Archives: Equinor

Equinor continues to capture value from offshore wind power

Equinor has entered into an agreement with Eni to sell a 10% equity interest in the Dogger Bank Wind Farm A and B assets in the UK for a total consideration of around GBP 202.5 million. Eni has also entered into an agreement to purchase a 10% interest in Dogger Bank A and B from … Continue reading Equinor continues to capture value from offshore wind power

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UK Mega Offshore Wind Farm – to Debut GE Haliade-X Technology – Reaches Financial Close

Financial close enables Notice-to-Proceed for Dogger Bank Wind Farm Phase A of the world’s largest offshore wind farm, resulting in Q4 order for GE’s Haliade-X technology.Consortium of private and public financial institutions provide debt financing package for Dogger Bank Wind Farm Phases A and B. French export credit agency, Bpifrance Assurance Export, to provide support … Continue reading UK Mega Offshore Wind Farm – to Debut GE Haliade-X Technology – Reaches Financial Close

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Equinor and partner reach financial close on world’s biggest offshore wind farm

Dogger Bank wind farm owners, Equinor and SSE, have today announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally. “Reaching financial close on the two first phases of Dogger Bank is a major milestone, demonstrating our commitment to profitable growth within … Continue reading Equinor and partner reach financial close on world’s biggest offshore wind farm

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Ørsted to trade and balance 15 years of power generation from the offshore wind farm Dogger Bank

Ørsted has signed an agreement with Dogger Bank Wind Farm under which Ørsted will be responsible for the trading and balancing of 40 % of the power generated from the first two phases of the 3.6 GW wind farm. Ørsted will trade and balance 960MW of renewable power production from the 2.4GW of installed capacity … Continue reading Ørsted to trade and balance 15 years of power generation from the offshore wind farm Dogger Bank

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Could floating wind turbines power our homes?

Wind turbines floating miles out to sea could one day provide electricity to our homes, experts believe. Wales currently meets about 50% of its needs from renewable sources, including solar and wind. Prime Minister Boris Johnson wants to see fixed offshore wind farms power UK homes by 2030, while Plaid Cymru believes Wales could be … Continue reading Could floating wind turbines power our homes?

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Equinor sets ambition to reach net-zero emissions by 2050

Equinor today announces its ambition to become a net-zero energy company by 2050. The ambition includes emissions from production and final consumption of energy. It sets a clear strategic direction and demonstrates Equinor’s continued commitment to long-term value creation in support of the Paris Agreement. “Equinor is committed to being a leader in the energy … Continue reading Equinor sets ambition to reach net-zero emissions by 2050

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Equinor bids for two wind power projects off U.S. East Coast

Equinor had submitted two bids in New York’s second offshore wind auction, following a deal it signed with BP BP.L last month to cooperate on offshore wind in the United States. Equinor said it was bidding for two projects off the U.S. East Coast, Empire Wind Phase 2 and Beacon Wind, which together have the … Continue reading Equinor bids for two wind power projects off U.S. East Coast

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Construction starts on the world’s largest floating offshore wind farm

Prime Minister Erna Solberg and Kværner apprentice Arne Linga started construction of Hywind Tampen, a floating offshore wind farm, at Kværner Stord. The technology project opens up new opportunities for Norwegian industry. Prime Minister Solberg and Linga started the cutting robot on the project’s first sheet of steel on Thursday, 1 October. Kværner’s assignment will … Continue reading Construction starts on the world’s largest floating offshore wind farm

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Dogger Bank wind farm places record-breaking wind turbine order boosting local jobs

Dogger Bank Wind Farm and GE Renewable Energy have today, 22 September, announced contracts confirming the 13MW Haliade-X turbine for the Dogger Bank A and Dogger Bank B phases of the world’s largest offshore wind farm. The contract award, which is subject to Dogger Bank A and B reaching Financial Close, includes an order for … Continue reading Dogger Bank wind farm places record-breaking wind turbine order boosting local jobs

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Equinor teams up for offshore wind power growth in Japan

Equinor, Jera and J-Power partner up and enter a joint bid agreement prior to Japan’s upcoming Round 1 offshore wind energy auction. The three companies will jointly evaluate and work towards submitting a joint bid in the Round 1 auction once the Japanese government officially opens what will be country’s first offshore wind auction. Establishing … Continue reading Equinor teams up for offshore wind power growth in Japan

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Equinor partners with BP in US offshore wind power to capture value and create platform for growth

Equinor (OSE: EQNR, NYSE: EQNR) has entered into an agreement with BP (LSE: BP, NYSE: BP) to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of USD 1.1 billion. Through this transaction, the two companies are also establishing a strategic partnership for further growth within offshore wind in the US. Currently Equinor holds … Continue reading Equinor partners with BP in US offshore wind power to capture value and create platform for growth

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BP enters the offshore wind energy market

British oil giant BP announced that it has started exploring the offshore wind energy sector, thanks to a partnership with the Norwegian group Equinor in the United States. BP is providing $ 1.1 billion to Equinor to jointly develop projects with existing wind turbines off the New York and Massachusetts coasts. First investment in renewable … Continue reading BP enters the offshore wind energy market

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Equinor completes world’s first logistics operation with a drone to an offshore wind power installation

The flight spanning around 80 kilometres to the Troll field took about one hour, at an altitude of approx. 5000 feet. The flight was a test, the world’s first of its kind, where an actual freight operation was conducted over a lengthy distance to an operating offshore installation. The drone was a Camcopter s-100 model, … Continue reading Equinor completes world’s first logistics operation with a drone to an offshore wind power installation

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Equinor gets go-ahead for major offshore wind farm extensions in Norfolk

The extensions will allow two existing wind power projects to generate enough wind energy to power around 1.5 million homes. The Crown Estate has given approval to two major offshore wind farm extensions in the UK. Energy giant Equinor has signed agreements for lease for the Sheringham and Dudgeon wind projects, securing an area of … Continue reading Equinor gets go-ahead for major offshore wind farm extensions in Norfolk

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Equinor and Iberdrola plan offshore wind energy projects in Brazil

Major offshore wind power developers have started submitting plans for several gigawatts of new offshore wind farm projects in Brazil. Iberdrola’s Brazilian subsidiary, Neoenergia, has three offshore wind energy projects in the licensing phase. Iberdrola actively participates “in discussions to define the best regulation to adopt for the development of offshore wind energy” in Brazil. … Continue reading Equinor and Iberdrola plan offshore wind energy projects in Brazil

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Equinor plans to install 4 GW of offshore wind energy in Rio and Espírito Santo in Brazil

According to the project, the wind power plants will be installed about 20 km from the coast, at depths of between 15 and 35 meters. There will be a total of 320 wind turbines, 160 per wind farm, each with a nominal capacity of 12 MW. Each wind farm will have an offshore substation for … Continue reading Equinor plans to install 4 GW of offshore wind energy in Rio and Espírito Santo in Brazil

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Equinor licenses 4 GW offshore wind farms in Rio and Espírito Santo

Equinor started the Ibama license for the Aracatu I and Aracatu II offshore wind farms, with 4 GW, with 2 GW in each and the possibility of expansion to 2.33 GW. The plan is to install the wind turbines of the first wind farm on the coast of Rio de Janeiro and the second, between … Continue reading Equinor licenses 4 GW offshore wind farms in Rio and Espírito Santo

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World’s Biggest Offshore Wind Farm Signs Deal to Sell Power

A giant wind farm being developed off the coast of the U.K. will sell some of its power to energy trader Danske Commodities A/S. Under the 15-year deal, the subsidiary of Equinor ASA will trade and balance power from 480 megawatts of the Dogger Bank wind farm, about 13% of its capacity. It’s a key … Continue reading World’s Biggest Offshore Wind Farm Signs Deal to Sell Power

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Equinor : Base selected for world’s largest offshore wind farm

Equinor and SSE Renewables, the two companies behind the world’s biggest offshore wind farm Dogger Bank, have today announced plans to build a new Operations and Maintenance (O&M) Base at the Port of Tyne. Dogger Bank Wind Farm will be able to generate around 5% of the UK’s electricity needs Multi-million GBP Operations and Maintenance … Continue reading Equinor : Base selected for world’s largest offshore wind farm

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Equinor powers ahead with floating wind power plant

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. The long-planned wind energy project is going ahead despite Equinor’s decision to cut investment following a plunge in oil prices that has reduced the company’s cash … Continue reading Equinor powers ahead with floating wind power plant

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