Singapore-based engineering firm G8 Subsea and Zhongtian Technology Submarine Cable (ZTT) are developing the next-generation hybrid composite submarine cable for high voltage and 5G internet connectivity. G8 has worked on a solution that takes care of the 5G internet demand, but also aims to connect
Infinium has closed a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust.
Oldendorff Carriers has signed a joint development project with Anemoi Marine Technologies, Lloyd’s Register and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for dry bulk carriers. The project is being announced as the shipping industry
Fugro has selected Sonardyne to support its global fleet of uncrewed surface vessels (USVs) and remotely operated vehicles (ROVs). Fugro will integrate Sonardyne’s Mini-Ranger 2 USBL; configured with Marine Robotics software extension pack, into its new 12 metre-long Blue Essence USV. The offshore s
CorPower Ocean and OPS Composite Solutions have received close to €500,000 from EEA Grants for a collaborative project looking to boost the performance and slash costs for wave energy technology.
The AR500 tidal energy generation system, designed and built by Simec Atlantis Energy, has been installed in the Naru Strait, off Japan’s Goto Island chain.
ELWAVE, an industrial designer and manufacturer of electromagnetics sensors for the underwater and industrial robotics, has completed its first capital raise. The funds will support the company’s global growth ambition, industrialisation and commercialisation of its first products for underwater rob
Marine Energy Test Area (META), Wales’ national marine test centre, has obtained the marine license for the second phase of the project from Natural Resources Wales (NRW).
The European Investment Bank (EIB) has signed a financing agreement with Iberdrola to support the company’s two-year innovation, research and development strategy for renewables with €100 million. Iberdrola will use the funds for R&D in renewables, the production of green hydrogen and the developmen
Danish company Floating Power Plant (FPP) has secured support from the EU-funded MaRINET2 project to test its hybrid floating wind and wave platform at IHCantabria facilities in Spain.
In collaboration with strong international players, the Norwegian wave energy developer Waveco has advanced the development of the full-scale Subwave wave energy prototype which could be ready for deployment by the end of the year.
DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships. The wind-powered auxiliary propulsion system is the result of a joint research project from KSOE, the shipbuilding holding company of Hyunda
Heerema has received Statements of Feasibility from DNV GL for two of its “silent foundations” concepts, on which the company has been working together with the University of Dundee. The concepts include helical or screw piles and so-called push-in piles, which could be installed without loud hammer
Edinburgh-based start-up Mocean Energy has made great progress on the construction of its Blue X wave energy device which is nearing completion ahead of spring deployment in Orkney waters.
