Scotland’s Flotation Energy was selected to develop two floating offshore wind stations with 1.9 GW generation capacity in Scotland, Reuters reported this week. Flotation Energy — fully acquired by Tokyo-based utility giant TEPCO Renewable Power in November — will develop the two offshore wind farms with Norway-based company Vårgrønn, with one set to become operational in 2027 and the second in 2028. In the long term, the company aims to deliver more than 12 GW of commercial scale fixed and floating offshore wind farms.

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  • Australia-headquartered mining firm BHP Group and Chinese steel manufacturer HBIS Group will invest USD 15 mn over three years to trial carbon capture and storage technologies at HBIS steel mills. (Reuters)
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