Dominion Energy has completed the purchase of the Kitty Hawk North offshore wind lease area from Avangrid, Iberdrola’s US subsidiary, for approximately USD 160 million. The agreement includes a lease acquisition payment of USD 117 million, approximately USD 3,000 per acre, along with a reimbursement for development costs to Avangrid.…

Equinor’s newly acquired 9.8% stake in Ørsted is a “better way” to deliver on strategy when faced with soaring expenses linked to offshore wind projects and industry-wide supply chain bottlenecks, the company’s finance chief told investors this week. by Robyn White Adblock test (Why?)

Avangrid has closed the sale of the Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The area is off Corolla, North Carolina, The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid. Avangrid is already developing…

Energy ministers called for the European Commission to enable greater cross-border energy integration and establish common permitting rules to help turn the North Sea into a renewable energy hub. by Orlando Jenkinson Adblock test (Why?)

The first floating solars for the Hollandse Kust Noord (HKN) offshore solar farm have arrived at the Port of Amsterdam, set for installation at the Dutch CrossWind HKN offshore wind farm. Planned for a 2025 installation, the Hollandse Kust Noord solar farm is expected to be what the company described…

The European Investment Bank (EIB), the financial institution of the European Union, has teamed up with the India Hydrogen Alliance (IH2A) to enhance support for green hydrogen projects across India. As the world’s largest international public bank and a key financier of renewable energy and climate initiatives, the EIB has…

Rajamahendravaram (East Godavari): In response to growing public unrest over Assago Ethanol Industries in Gummalladoddi, District Collector P. Prasanthi has set up a committee to tackle the concerns. On Thursday evening, she held a meeting with officials from the Industries and Environment departments in her office. During the meeting, the…

The government and relevant stakeholders are actively developing financial incentives and policies to promote the commercialization of biodiesel, particularly by fostering partnerships between smallholder and independent farmers and biodiesel producers, reported Antara. Edi Wibowo, the Director of Bioenergy at the Ministry of Energy and Mineral Resources, emphasized the significance of…

Clean Energy Technologies has announced that Vermont Renewable Gas (VRG), an affiliate limited liability company has been selected by the United States Department of Agriculture (USDA) as one of its Rural Energy for America Program (REAP) Grant recipients.Administered by the USDA’s Rural Development Office, this current $1.05 billion initiative funded…

BioVeritas, a leading sustainable fuels and biochemicals company focusing on sustainable aviation fuel (SAF) production, is launching The BioVeritas Process™ for SAF.This breakthrough technology converts biomass via fermentation into volatile fatty acids (VFAs), a key precursor for a range of high-value products, most notably SAF.The company, then known as Terrabon,…