UBS Joins Goldman in Forecasting That Gold’s Rally Isn’t Over
Wedoany.com Report-Nov 20, Gold will rally to $2,900 an ounce by the end of next year, according to UBS Group AG, echoing a call from Goldman Sachs Group Inc. for further gains as central banks expand...
Dutch Firm Rolls Out Substation Topside for Denmark’s Largest Offshore Wind Farm
Wedoany.com Report-Nov 20, The Dutch company, HSM Offshore Energy, has rolled out the offshore high-voltage substation (OHVS) for the Thor offshore wind farm and lifted the GIS modules for RWE Renewab...
Cyprus Approves Energy Storage Subsidy Scheme
Wedoany.com Report-Nov 19,Applications for participation in the scheme will be accepted from January 15, 2025. The Council of Ministers, the executive branch of the Cypriot government, has approved th...
Subsea Pumped Storage Tech Secures Funding From US, German Governments
Wedoany.com Report-Nov 4, The US and German governments have approved grants to the tune of $7.7 million to unleash the power of the ocean for renewable energy storage. US-based Sperra has been awarde...
US-german Collab Gets $7.7m Boost For Development Of Low-cost Subsea Energy Storage
Wedoany.com Report-Nov 1, The U.S. Sperra, dedicated to pioneering the next generation of renewable energy solutions through automated construction, secured a $4 million grant from the U.S. Department...
Scana’s PSW Technology To Stay With International Rig Company For Two More Years
Wedoany.com Report-Oct 31 , The framework agreement includes subsea services and will commence in the first quarter of 2025, extending for a period of two years. According to PSW Technology, it does n...
C-Innovation Lands Multi-Year Contract With BP for Gulf of Mexico Field Development
Wedoany.com Report-Oct 16, C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO), has secured a multi-year contract with UK-based energy giant BP to provide subsea construction and inspect...
Germany Earmarks $3 Billion for Decarbonisation Subsidies
Wedoany.com Report-Oct 16,The German government has earmarked up to 2.8 billion euros ($3.1 billion) to support 15 industrial companies in their bid to decarbonise under its first round of "climate pr...
EIB Launches €600M Ukraine Energy Rescue Plan
Wedoany.com Report-Oct 15, The European Investment Bank (EIB) has announced the Ukraine Energy Rescue Plan, an initiative to extend EU support for Ukraine’s heavily damaged energy infrastructure...
Nevesbu, LV Test Floating Offshore Substation
Wedoany.com Report-Oct 14, Nevesbu and Iv have developed a patented concept for a floating offshore substation (FOSS). The has been successfully tested in MARIN’s basin and lays an important fou...