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Business Developments & Projects

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Illustration (Courtesy of the University of Évora)
Business Developments & Projects

Floating solar in Portugal could exceed national target for solar energy of 7GW, new research finds

Researchers from the University of Évora have found that the installed capacity of floating solar systems in Portugal could exceed the national target for solar energy of 7GW, defined in the country’s National Energy and Climate Plan (PNEC) 2030.

about 3 years ago
Illustration; Source: U.S. Navy
Business Developments & Projects

U.S. takes steps to boost naval presence, as Iran gets its hands on another oil tanker

To put a stop to Iran’s recent vessel seizures, the U.S. is going to bolster naval patrols in and around the Strait of Hormuz.

about 3 years ago
Offshore wind shines bright for Fugro yet again
Business Developments & Projects

Fugro on floating LiDAR duty offshore Denmark

Danish transmission system operator (TSO) Energinet has awarded Fugro a contract to deploy multiple floating LiDARs at the new offshore wind farm sites in Denmark. There are four new sites the Danish government has designated for offshore wind farms, which could add as much as 7.2 GW of new capacity

about 3 years ago
Tenders canceled for Poland-Lithuania submarine interconnector
Business Developments & Projects

Tenders canceled for Poland-Lithuania submarine interconnector

Two tenders have been canceled for a submarine interconnection project that is set to link Lithuania’s and Poland’s electricity systems due to exceeding the investment budget in the offers. Lithuanian transmission system operator (TSO) Litgrid has decided to cancel the procedure for selecting a cabl

about 3 years ago
The launch of IRENA NewGen Renewable Energy Accelerator - NewGen (Courtesy of IRENA)
Business Developments & Projects

IRENA sets up initiative to bolster youth-led renewable energy start-ups and projects

The International Renewable Energy Agency (IRENA) has launched a new initiative, the IRENA NewGen Renewable Energy Accelerator (NewGen), aimed at supporting young entrepreneurs and innovators in driving the renewable energy transition.

about 3 years ago
Wood teams up with SGN to boost UK hydrogen plans
Business Developments & Projects

Wood teams up with SGN to boost UK hydrogen plans

Consulting and engineering company Wood has announced that it is working with gas distribution company SGN to accelerate plans for key hydrogen transmission infrastructure in Scotland and southern England that supports the UK’s commitment to Net Zero by 2050. Over the next 12 months, Wood said it is

about 3 years ago
The 2023 Hydropower and Marine Energy Collegiate Competition competitors (Courtesy of US DOE)
Business Developments & Projects

US DOE selects winners of Marine Energy Collegiate Competition

The US Department of Energy (DOE) has selected the University of New Hampshire as the overall winner of the fourth Marine Energy Collegiate Competition (MECC), which endorses new marine energy ideas for capturing the power of the ocean.

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business Developments & Projects

More Norwegian gas on the horizon, as another discovery comes to light

Equinor has made a new gas and condensate discovery near the Kristin field in the Norwegian Sea, using an Odfjell Drilling-owned rig.

about 3 years ago
Wärtsilä nets LNG reliquefaction retrofit deal with NFE-Apollo JV
Business Developments & Projects

Wärtsilä nets LNG reliquefaction retrofit deal with NFE-Apollo JV

Finnish technology group Wärtsilä has secured a contract to supply the reliquefaction system for a retrofit project on an LNG carrier converted to operate as a floating storage unit (FSU). The order, which was booked by Wärtsilä in March 2023, is for vessel Energos Grand owned by US-based Energos In

about 3 years ago
Ørsted selected for Denmark's first full-scale carbon capture and storage project
Business Developments & Projects

Ørsted selected for Denmark’s full-scale carbon capture and storage project

The Danish Energy Agency has awarded Ørsted Bioenergy & Thermal Power with a 20-year contract for Denmark’s first full-scale carbon capture and storage (CCS) project, set to capture and store 430,000 tonnes of CO2 per year from 2026. The Ørsted Kalundborg Hub project will see Ørsted establish carbon

about 3 years ago
Helix Energy Solutions’ Q7000 vessel; Source: Port Taranaki
Business Developments & Projects

Helix vessel making a pit stop at port prior to kicking off oil field’s next decom phase

A specialist well Intervention vessel will start Phase 3 soon for the decommissioning of an oil field offshore New Zealand.

about 3 years ago
Fluxys looking into hydrogen transportation routes in Belgium
Business Developments & Projects

Fluxys looking into hydrogen transportation routes in Belgium

As part of its preparations for transporting hydrogen and CO2, infrastructure operator Fluxys Belgium has selected engineering consultancy Sweco to conduct a feasibility study and preliminary research into several hydrogen routes in Ghent and Antwerp. In addition, Sweco’s assignment includes design,

about 3 years ago
Swiss-Norwegian partnership developing mini resident underwater drone system
Business Developments & Projects

Swiss-Norwegian partnership developing mini resident underwater drone system

Switzerland-based autonomous underwater robotics company Hydromea has partnered up with Unplugged, a Norwegian firm focused on inductive charging and data transfer technology, to develop a resident underwater drone system for the inspection and monitoring of underwater assets. Under the project, the

about 3 years ago
TECO 2030 wraps up 1st manual production of hydrogen fuel cell stack
Business Developments & Projects

TECO 2030 wraps up 1st manual production of hydrogen fuel cell stack

Norwegian cleantech company TECO 2030 has completed the first manual production of hydrogen fuel cell stacks at its Innovation Center in Narvik, Norway.

about 3 years ago
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