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Total Becomes Latest Oil Major to Enter Floating Wind Market

GreenTechMedia

Total this week bought an 80 percent share of the 96-megawatt Erebus floating wind project in the Celtic Sea from developer Simply Blue Energy. By 2040, the company aims to derive 15-20 percent of its revenue from its low-carbon business. The Erebus project will be built in water depths of 70 meters.

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Iberdrola Plans to Take Top Spot in US Offshore Wind (and Keep It)

GreenTechMedia

offshore wind market, but it will need to go through early market frontrunner Ørsted to get there. “We're in a very good position to be the leading player [in the U.S.]," Jonathan Cole, managing director of Iberdrola’s offshore wind business told GTM. "We're offshore wind employees as it scales up.

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Global Briefing: Coronavirus crisis will have 'negligible' impact on emissions without green recovery, study warns

Business Green

All the green business news from around the world this week. A new report published in the journal Scientific Reports has warned that extreme droughts are set to become much more frequent across central Europe in the coming decades as climate impacts escalate. Study: Global lockdowns likely to curb temperatures by just 0.01C by 2030.

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Inside New York’s Push to Be ‘Center of Gravity’ for US Offshore Wind

GreenTechMedia

Having nearly quadrupled its offshore wind target, New York now claims the largest in the nation — 9 gigawatts by 2035 — along with several of the biggest projects currently underway. Analysts say New York’s big target and central location along the Atlantic coast make it a top contender for future offshore wind factories.

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Global Briefing: UN shines spotlight on e-waste opportunity

Business Green

Plus all the top green business news from around the world this week. The UN has this week published its annual Global E-waste Monitor report , revealing that at least $10bn of gold, platinum, and other precious metals were lost each year as part of the world's growing e-waste mountain. By 2040, we will be carbon neutral.

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