Tuesday, 6 June 2017

June 6 Energy News

Headline News:

  • Natural Power, Fred Olsen Windcarrier, and SubC Partner have joined forces to offer an offshore wind turbine inspection service that aims to reduce downtime. The partners will officially launch the service at the Offshore Wind Energy 2017 event in London. It will allow clients to choose from a list of inspection services under one contract. [reNews]
Offshore wind farm (reNews image)

Offshore wind farm (reNews image)

  • The world’s largest sovereign wealth fund, the Norwegian state’s Government Pension Fund Global, valued at a little over $900 billion, continues to divest from companies involved in the production of coal or coal-based energy. In April 2016, the fund announced it was excluding seven Indian companies from its portfolio. [Business Standard]
  • Europe could have between 64 GW and 86 GW of installed offshore wind farm capacity by 2030, according to a report by BVG Associates, “Unleashing Europe’s offshore wind potential: A new resource assessment.” It said the projections mean between 8% and 11% of European electricity demand would come from offshore wind. [reNews]
  • New York’s attorney general alleges in new court documents that ExxonMobil’s internal accounting practices were a “sham,” misleading its investors on climate risks. The top prosecutor said that its internal figures differed from those it had provided the public, and his office named Rex Tillerson, now US Secretary of State. [Environmental Leader]
  • The Bullrock Corporation of Shelburne, Vermont, received a Certificate of Public Good to construct the state’s largest solar array intended for consumption by Vermonters. The 5.7-MW project will be built on 57 acres in Grande Isle leased from Dream Weaver Farm, allowing the farm to remain in agriculture and avoid development. [Vermont Biz]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.


June 6 Energy News posted first on Green Energy Times

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