French power company EDF Group (EPA:EDF) has signed a memorandum of understanding with Singapore government-owned utilities company SP Group to jointly develop a subsea transmission cable to enable renewable energy imports from Indonesia to Singapore.
Japan's Ministry of Economy, Trade and Industry (METI) is considering proposals to lay subsea power cables to connect demand centres with offshore wind projects as part of a push to expand renewable energy projects in the country.
“The oil industry has got a terrible habit of playing itself down when in reality it, and Aberdeen specifically, has a load to offer. We’ve been through things like this before and if there was a more positive attitude I think we’d be in a much better place.”