[ad_1] The head of Orsted, the world’s largest offshore wind farm developer’s Asia-Pacific unit, has said the company is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market. “The pandemic will not influence investment decisions and general confidence in offshore wind, but it …
Read More »Months After Major Oil Spill, Bahamas Could Permit Offshore Drilling
[ad_1] The Bahamas looks poised to greenlight drilling for oil in waters about 150 miles from South Florida just months after Hurricane Dorian ravaged the island nation and caused a major spill on Grand Bahama island. The Bahamas Petroleum Company (BPC) hopes to drill its first exploratory well in an …
Read More »Late offshore wind finance surge pushes 2019 renewables investment past 2018
[ad_1] Investment in renewable energy capacity worldwide was $282.2 billion last year, up one per cent from 2018’s US$280.2 billion, with China, the world’s biggest market, slipping back, but its second-largest, the United States, hitting a new record. The latest data from research company BloombergNEF (BNEF), just published, shows how …
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