The 2022 Powering the Blue Economy: Ocean Observing Prize competitors will test their wave energy-harvesting ocean observing prototypes in the SPLASH Contest next autumn on the Olympic Peninsula, offshore Washington.
INPEX Corporation, Japan’s largest exploration and production company, has signed a sales and purchase agreement with the United Arab Emirates-based oil company Abu Dhabi National Oil Company (ADNOC) concerning the application of clean ammonia for a demonstration supply chain linking the UAE and Jap
A research team led by RMIT University has developed a wave energy converter said to be twice as efficient at harvesting power as any similar technologies developed to date.
Odfjell Oceanwind has secured a pre-project grant from Enova, Norway’s fund for climate and energy technologies, to mature its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for the electrification of oil and gas installations. The grant is awarded under Enova’s full-
Eco Wave Power has entered into collaboration agreement with the Israeli Ministry of Defense to examine the feasibility of installing its wave energy technology in the Israeli Navy’s bases.
Swedish wave energy company Novige has concluded the extensive tests on its scaled NoviOcean wave energy prototype in France, with the support of the MaRINET2 project.
The Goal Zero consortium has been awarded funding by the Maritime and Port Authority of Singapore (MPA) and Singapore Maritime Institute (SMI) to develop, deploy and commercialise a fully electric cargo vessel.
BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.
Ocean Power Technologies (OPT), supported by the U.S. Department of Energy (DOE) grant, is set to perform a preliminary conceptual design study to further develop its novel wave energy converter aimed at powering autonomous ocean monitoring systems.
Sustainable Marine has completed ‘rigorous tests’ on its latest generation tidal turbine drivetrain at the world-renowned Center for Wind Power Drives at RWTH Aachen University, proving the technology is robust enough to take on the Bay of Fundy tides.
UK port operator Global Energy Group (GEG) has entered into an agreement with Swiss-based integrated energy company Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (CO2) to be located at the Nigg Oil Terminal in the Highlands of Scotland.
Ocean Renewable Power Company (ORPC) has secured a $20 million investment commitment, with an additional $5 million second closing this fall, from a consortium led by Canadian Shield Capital in alliance with Hatch.
Norway’s cleantech company TECO 2030 has signed a letter of intent with compatriot energy company Greenstat to cooperate on relevant projects with the aim of developing a complete hydrogen value chain.
The Naval Facilities Engineering and Expeditionary Warfare Center has provided $6 million to the University of Hawaii at Mānoa (UH) to provide critical research and logistical support to the Navy’s Wave Energy Test Site (WETS), located offshore Marine Corps Base Hawaii.
