OMNI Features|bp Announces $2 Billion Sale of its 1.3 GW U.S. Onshore Wind Power Portfolio.Spanish X1 Wind and Dutch FibreMax Partner to Enhance Floating Wind Platform Technology
OMNI Features|bp Announces $2 Billion Sale of its 1.3 GW U.S. Onshore Wind Power Portfolio.Spanish X1 Wind and Dutch FibreMax Partner to Enhance Floating Wind Platform Technology

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|bp Announces $2 Billion Sale of its 1.3 GW U.S. Onshore Wind Power Portfolio "bp Wind Energy"
British oil giant bp has announced the sale of its 1.3 GW onshore wind power portfolio in the United States, bp Wind Energy, for $2 billion. The company will integrate its onshore renewable energy projects through its solar development joint venture subsidiary, Lightsource bp. The planned divestment reflects bp's desire to simplify its portfolio and maximize value by finding a new owner for its wind assets.
bp Wind Energy operates 1.7 GW (1.3 GW net to bp) of capacity across 10 sites in seven US states, with a majority of assets controlled remotely from Houston. In November 2023, bp announced its agreement to fully own Lightsource bp. Upon completion of this acquisition, which is anticipated to occur before the end of the year.
|Spanish X1 Wind and Dutch FibreMax Partner to Enhance Floating Wind Platform Technology
Spanish innovative floating wind platform developer, X1 Wind, has partnered with Dutch mooring manufacturer FibreMax to enhance its floating wind platform technology. X1 Wind's floating system integrates a Single Point Mooring (SPM) with a Tension Leg Platform (TLP), offering passive weathervaning and self-orientation capabilities. The company's compact TLP design reduces seabed impact and supports co-existence with marine activities such as fishing.
The partnership with FibreMax will explore the use of synthetic cables, which are lightweight, durable, and rust-resistant. These cables are 85% lighter than steel and can last over 30 years. Additionally, the cables contribute to sustainability by incorporating recyclable materials.
Reference: Tamarindo|renews.biz