wind power
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The Norwegian company has expanded its power-generating capacity in Brazil by acquiring a 230-MW onshore wind complex. -
TotalEnergies will instead invest in the Rio Grande LNG plant, upstream conventional oil development in the US Gulf of Mexico, and shale-gas production.
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The project, which is owned and run by Equinor offshore New York, is more than 60% complete.
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The report says the capacity of renewables in the region is set to grow tenfold by 2040 as electricity demand and new sectors drive rapid solar and wind expansion.
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The service company said the cancellation of a 2-GW offshore wind project in the Netherlands means its restructuring plan can no longer be delivered.
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Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.
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Technical safety standards are essential as global offshore exploration heats up.
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Buoy-based camera footage, analyzed by artificial intelligence, can help reduce the risk of birds colliding with offshore wind farm turbines.
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Equinor said it plans to restart construction on the project, which currently is 30% complete.
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A US government order has stopped building activity aimed at harnessing wind energy offshore New York.
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