French designer and manufacturer of wingsail solution AYRO has secured a 19.2 million € ($21 m) Series B round financing for its OceanWings.
Swedish ocean energy developer Minesto has completed the manufacturing of the Dragon 12 wing and started system integration at quayside in Uddevalla port in Sweden.
A design scheme of China’s first offshore oilfield fracturing vessel passed the basic design review of China Classification Society (CCS).
The U.S. Department of Energy (DOE) has supported six small business-led marine energy projects with close to $6.8 million in an effort to drive innovation in marine energy industry.
South Korean shipbuilder Samsung Heavy Industries (SHI) has developed a laser high-speed welding robot for use in the construction of liquefied natural gas carriers.
Irish company GKinetic Energy has showcased one of its 12kW hydrokinetic devices in the heart of Limerick city as part of the €30 million +CityxChange project.
Jeremy Smith, CEO of QED Naval and its Welsh subsidiary Mor Energy, talked with Offshore Energy about the funding it received in the latest UK government’s contracts for difference auction, the Subhub tidal energy technology, the issues the sector is facing in the UK and what can be done to accelera
Wind propulsion installations on large vessels are on track to surpass the 50 mark in early 2024, according to a recent update by Gavin Allwright, Secretary General of the International Windship Association (IWSA). This achievement reflects the continued momentum behind wind propulsion solutions and
The SeaVolt consortium has installed its first of a kind offshore solar platform at the Blue Accelerator test site, near the Port of Ostend in Belgium.
HD Hyundai Heavy Industries – Engine & Machinery has signed a contract for a total of 16 sets of methanol-powered engines.
Copenhagen-based coating supplier Hempel has opened a new production facility in Zhangjiagang, China as a way of responding to the growing demand for coating solutions. The inauguration ceremony for the new production facility comes three years after the announcement of expansion plans to meet the g
A consortium made up of French, Belgian and Luxembourgian companies, led by renewable energy developer Q Energy, has started with the construction of a 74.3MWp floating solar plant in the northeastern France – said to be the largest such power plant in Europe.
The Spanish government has awarded €1.2 million to Carnegie Clean Energy’s AGUAMARINA project to enhance and extend the deployment of its CETO wave energy device at Biscay Marine Energy Platform (BiMEP) in the Basque Country.
Multinational technology company ABB has secured an order to deliver a complete power, propulsion, and automation system for two hydrogen-fueled short-sea container ships being built for Dutch logistics company Samskip. While financial details were not disclosed, ABB said the order was booked in the
