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Bureau Veritas is the latest addition to IWSA

Bureau Veritas is the new member of the International Windship Association (IWSA) to assist in the development of various renewable solutions. BV’s addition is expected to boost IWSA’s development with the establishment of regional wind propulsion ‘centres of excellence’ or ‘hubs’ around the world.

AP Moller Holding steps into the renewable market

A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk, informed that it will buy Danish wind turbine supplier KK Group, making its first step entering into the renewable energy industry. The acquisition is now subject to approval from the relevant Danish and German authorities, and is expected to be finalized in the third quarter of 2019. 

Louis Dreyfus Armateurs is IWSA’s latest member

French maritime company Louis Dreyfus Armateurs (LDA) Group is the latest member of the IWSA. As the firm commented ‘The need to reduce fuel costs and future proof vessels in preparation for decarbonization costs is growing and the embrace of technology solutions that can deliver double digit savings for retrofit installations and significantly higher savings for optimised new builds makes a lot of sense.’

Watch: 11 million people working in renewable energy

Eleven million people are working in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency. This compares with 10.3 million in 2017. Offshore wind could be an especially attractive option for leveraging domestic capacity and exploiting synergies with the oil and gas industry.

Wärtsilä, LUT uni research for 100% renewable energy systems

Wärtsilä and Lappeenranta-Lahti University of Technology LUT, a Finnish public university, signed a research agreement on strategic power system modelling aiming to understand and develop ways towards 100% renewable energy systems. The agreement was signed in March.

IEA: Global energy investment stabilised after three years

Global energy investment stabilised in 2018, totaling more than USD 1.8 trillion and ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to IEA’s latest annual review.

SOHAR Freezone businesses to be powered by solar photovoltaic projects

SOHAR Port and Freezone recently entered into a land lease agreement with Shell Development Oman, in order to tap into the Sultanate’s renewable energy potential. This means that businesses in the SOHAR Freezone could be powered by solar photovoltaic projects instead of gas. SOHAR will allocate 600-hectares of land for solar plants under development, with capacities varying from 10MW up to 40MV.

Australia invests A$329 million to transform Blue Economy

The Australian government announced launch of the largest ever Cooperative Research Centre (CRC) to drive an evolution in marine-based industries, unlocking economic, environmental and technological benefits for a Blue Economy. 

Top 10 countries most ready for energy transition

Sweden ranks at the top of the ten countries reported to be the most ready for energy transition, according to World Economic Forum’s Energy Transition Index (ETI), comparing the energy sectors of 115 countries and analyzing their readiness for energy transition.

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