Norwegian shipbuilder VARD has won contracts to build three Service Operation Vessels (SOVs) for the UK-based North Star Renewables. The vessels, to be built in Vietnam, will operate on the Dogger Bank Wind Farm in the North Sea, the world's largest.
Europe's biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.
President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.
The UK on Wednesday announced a landmark deal aimed at supporting the oil and gas industry’s transition to clean, green energy. It also said it would introduce the "Climate Compatibility Checkpoint" before future licensing rounds.