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Equinor


BP Buying $1.1 Billion Stake in U.S. Offshore Wind

The move by major oil and gas exploration companies into renewable energy has taken another significant step, as BP announced a $1.1 billion deal to buy the U.S. offshore wind…


Big Oil Makes Concerted Push into Power

BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed…


Offshore Wind Finding Direction in U.S.

Europe has a big head start globally when it comes to generating power from offshore wind installations. The U.S. has lagged due to a variety of factors, including the need…


POWER Digest [January 2020]

Engie Will Close 1 GW of Coal Generation; Adding Solar, Wind. French energy group Engie in mid-December said it will close 1 GW of coal-fired power generation assets in Peru…


Floating Offshore Wind Buoyant on New Developments, Projects

Floating offshore wind made a remarkable splash this fall. As two much-watched projects sailed toward construction, optimism about the industry’s accelerated growth was buoyed by projections from the International Renewable…