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OMNI Features|Finland's Green Deal Agreement Promotes Zero-Emission Construction Sites / Saudi Arabia and Egypt Sign $1.5 Billion Wind Power Agreement / Taipower Forecasts Industrial Recovery in Q2
Jan. 18 2024
OMNI Features|Finland's Green Deal Agreement Promotes Zero-Emission Construction Sites / Saudi Arabia and Egypt Sign $1.5 Billion Wind Power Agreement / Taipower Forecasts Industrial Recovery in Q2
Finland's "Voluntary Green Deal Agreement" is making significant progress toward achieving zero emissions in construction zones. All construction companies consider zero emissions at construction sites a crucial aspect of their operations. Utilizing monitoring systems, over half of the construction areas operate heavy machinery with no fossil fuel, reducing harmful exhaust emissions.
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OMNI Features|Transition Bonds Issued by Kawasaki Set to Drive Advancements in Hydrogen Projects.Iberdrola and NBIM Boost Alliance with €2B Renewable Energy Investment / Barclays Establishes Energy Transition Group to Support Net Zero
Jan. 18 2024
OMNI Features|Transition Bonds Issued by Kawasaki Set to Drive Advancements in Hydrogen Projects.Iberdrola and NBIM Boost Alliance with €2B Renewable Energy Investment / Barclays Establishes Energy Transition Group to Support Net Zero
Japan's Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include liquefied hydrogen carriers, liquefied hydrogen storage tanks and hydrogen gas turbines for power generation. Kawasaki announced its first transition bond issuance as a means of financing via the fund-raising framework "Master Framework Agreement (MSA) [1]," which the company established in November 2023. The bond issuance amounts to ¥10 billion ($68.55 million), with the issuance period planned for February 2024. The bond term is 5 years.
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Ørsted Taiwan Launches "Sustainable Innovation Accelerator" Nurturing Talents for Wind Industry
Jan. 18 2024
Ørsted Taiwan Launches "Sustainable Innovation Accelerator" Nurturing Talents for Wind Industry
Ørsted launched the "Sustainable Innovation Accelerator (SIA)" competition today (18) in collaboration with the Metal Industries Research & Development Centre (MIRDC). The competition seeks innovative proposals related to the offshore wind industry. Teams that qualify will receive activation funds and one-on-one guidance from experts in the wind energy sector to optimize their proposals. The winning team can receive a maximum prize of NTD 500,000. Submissions are open from now until April 30.
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OMNI Features|Turkey Plans to Become EU's 3rd-Largest in Natural Gas Storage Capacity / U.S. Natural Gas Production Hits 11-Month Low Due to Oil Wells Freezing / CPC: Aiming for Profitability in 2024
Jan. 17 2024
OMNI Features|Turkey Plans to Become EU's 3rd-Largest in Natural Gas Storage Capacity / U.S. Natural Gas Production Hits 11-Month Low Due to Oil Wells Freezing / CPC: Aiming for Profitability in 2024
According to Turkey's Daily Sabah, Turkey is planning to expand its natural gas storage infrastructure and elevate its storage capacity to become the third-largest in Europe in the coming years.
Europe's natural gas storage capacity is approximately 1 trillion cubic meters, with Germany at the top with 240 billion, followed by Italy at 160 billion. Drawing from its rich natural gas experience, Turkey aims to surpass multiple nations by reaching a storage capacity of 14.4 billion cubic meters by 2028, making it the third-largest storage nation in Europe.
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OMNI Features|Manila Electric Company MGEN to offer 1,500 MW by 2030.Japanese RE Firm Renova to Invest in U.S. RE and Grid Storage Industry
Jan. 17 2024
OMNI Features|Manila Electric Company MGEN to offer 1,500 MW by 2030.Japanese RE Firm Renova to Invest in U.S. RE and Grid Storage Industry
MGEN said it aimed to strengthen its RE expansion to power the country using a greener energy option. MERALCO is dedicated to carrying out an investment worth Php 18 billion for its RE portfolio, which would encompass capacities from solar and wind.
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OMNI Features|Exploration of Continental Shelf Mineral Resources Open for Application in Norway / IEA Report: Global Renewable Energy Generation Capacity Soars by 50% in 2023 / TITA Initiates One-stop CBAM Declaration Assistance
Jan. 16 2024
OMNI Features|Exploration of Continental Shelf Mineral Resources Open for Application in Norway / IEA Report: Global Renewable Energy Generation Capacity Soars by 50% in 2023 / TITA Initiates One-stop CBAM Declaration Assistance
The Ministry of Petroleum and Energy submitted a White Paper to the Norwegian Parliament (The Storting) in 2023 regarding opening mineral resources on the Norwegian continental shelf and managing crucial underwater mineral resources. This includes fundamental research and impact assessments, consolidating multidimensional knowledge of natural resources, the environment, economic activities, and potential impacts in the region. The impact assessment involves the formulation of evaluation plans and public opinion response assessments.
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CSBC Corporation Taiwan Organized the AHTS "Titan Vessel" Naming Ceremony
Jan. 16 2024
CSBC Corporation Taiwan Organized the AHTS "Titan Vessel" Naming Ceremony
CSBC Corporation Taiwan (hereafter CSBC) aimed to enhance the capabilities of domestic wind power engineering vessels. On January 16 this year, CSBC organized the "Anchor Handling Towing Supply Vessel (AHTS) Naming Ceremony." The ceremony was presided over by CSBC Chairman, Wen-Lon Cheng, with Hsueh-Chen Chen serving as the naming guest, naming the vessel "Titan Vessel" (referred to CSBC No.16). The vessel is hoped to become a formidable asset in future maritime projects within the country.
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OMNI Features|Hywind Scotland Wind Farm to Temporarily Halt Operations for Heavy Maintenance / WindEurope Reveals 17 GW of New Wind Energy Development for 2023 in EU Shortfall from the Annual 30 GW Target Requires Accelerated Progress / Denmark revises 6GW tender materials
Jan. 15 2024
OMNI Features|Hywind Scotland Wind Farm to Temporarily Halt Operations for Heavy Maintenance / WindEurope Reveals 17 GW of New Wind Energy Development for 2023 in EU Shortfall from the Annual 30 GW Target Requires Accelerated Progress / Denmark revises 6GW tender materials
Hywind Scotland, the World's First Commissioning Floating Offshore Wind Farm, to Temporarily Halt Operations for Heavy Maintenance. Located in the Scottish waters, the floating wind farm, Hywind Scotland, developed by Norwegian developer Equinor, has been in operation for 7 years since 2017, featuring Siemens Gamesa turbines. It recently announced a 3 to 4-month interruption in its commissioning for subsequent maintenance work. Developed by Equinor with approval from the Scottish government in 2015, Hywind Scotland is the world's first commissioning floating offshore wind farm, boasting a capacity of 30MW.