Equinor

Norway Wind Alliance Looks For Government Support For Wind

Looking to get the benefit of the new push for achieving lower emissions targets, besides a pandemic recovery led by investments into clean tech, an alliance of domestic and foreign energy firms in Norway have pitched for government support to achieve higher wind energy goals for the country. Estimating offshore wind energy potential at 10 […]

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New York Awards Equinor and bp 2490 MW in Offshore Wind Contracts

Equinor and bp have been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the US to date. Equinor, along with incoming strategic partner bp, has been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements […]

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Equinor and SSE Reach Financial Close on World’s Biggest Offshore Wind Farm

Dogger Bank wind farm owners, Equinor and SSE, have announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally. “Reaching financial close on the two first phases of Dogger Bank is a major milestone, demonstrating our commitment to profitable growth within offshore […]

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Panasonic, Equinor Form Partnership for Establishing European Battery Business

Panasonic, Equinor and Hydro have signed an MoU to form a strategic partnership to explore possibilities for establishing a European battery business. Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The […]

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BP Takes 50% Stake in two Offshore Wind Projects of Equinor for $1.1 Bn

Equinor has entered into an agreement with BP to sell 50% interest in two offshore wind assets on the US east coast at a reported USD 1.1 billion value Equinor has announced that it has entered into an agreement with BP to sell 50 percent non-operated interests in the Empire Wind and Beacon Wind assets […]

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Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm

Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […]

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1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC

OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […]

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Equinor Investing More in RE Projects Than all Other Oil Majors Combined

More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […]

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Saipem, Equinor Sign Cooperation Agreement for Floating Solar Projects

Saipem and Equinor have recently signed a cooperation agreement to develop a floating solar power project for near coastal applications. Saipem and Equinor have recently signed a cooperation agreement to develop a floating solar power project for near coastal applications. The technology will be based on the in-house developed concept by Moss Maritime, part of […]

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