French tidal energy company HydroQuest and tidal energy developer Normandie Hydroliennes have secured €51 million in Innovation Fund grants to advance two tidal energy projects in France’s Raz Blanchard. The funding, awarded under the Innovation Fund’s 2023 call, emphasizes the role of European sup
In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren
Through its Construction Technology Center, Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project. This breakwater is designed to shield offshore floating photovoltaic (FPV) systems from harsh sea con
UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution for CO2 sequestration using shared, flexible offshore infrastructu
In offshore operations, where every inch of deck space is crucial, efficient, compact, and flexible solutions are not just a luxury—they are a necessity. Traditional equipment often presents logistical challenges by taking up too much space, limiting the ability to respond to changing operational ne
The Marine Energy All-Party Parliamentary Group (APPG) has been relaunched under the new UK Parliament, with Orkney and Shetland member of parliament (MP) Alistair Carmichael as chair. Carmichael is joined by Llinos Medi MP, Harriet Cross MP, and Torcuil Crichton MP as officers, representing a cros
Norwegian Reach Subsea has secured funding of up to €14.3 million from the EU Innovation Fund, under the Net Zero Technologies initiative, which will be used for the scale-up of the Reach Remote project focusing on the development of advanced remote unmanned surface vessels (USVs). “This is a signif
The Australian Government has awarded AU$2.4 million (around $1.6M) to renewable energy business WaveX to drive its wave energy technology, as a part of a broader AU$55 million fund aimed at driving innovation across key sectors in Australia. The funding was unveiled by Minister for Industry and Sci
Developer of wind propulsion technologies GT Wings has received grant support from the UK government to advance its “innovative” wind propulsion system AirWing.
Brussles-based European Composites Industry Association (EuCIA) has applied its expertise in life cycle assessment (LCA) and circularity of composite materials to tidal turbine blades, as part of the EU-funded MAXblade project’s efforts to scale tidal energy generation and cut costs. EuCIA is keen o
As one of the consortium members, the Renewables Grid Initiative (RGI) has unveiled the launch of a project, which is envisioned to promote nature-inclusive designs for offshore renewable infrastructure. Funded under Horizon Europe’s ‘Restore our Ocean and Waters’ mission, the Nature-inclusive desig
Swedish company CorPower Ocean has secured €32 million in Series B1 funding to advance the commercialization of its wave energy technology, marking a step towards making wave power a mainstream, bankable energy source. This latest investment round, the largest single investment into CorPower’s techn
Norwegian coastal cruise ferry company Hurtigruten has shared new renderings and updated plans for its Sea Zero project—the zero-emission ship scheduled to debut in 2030.
CGEN Engineering, a new spinout company from the University of Edinburgh, has launched a modular generator system, designed to cut offshore renewables’ levelized energy cost (LCOE) by 10% to 15%. According to the University of Edinburgh, the lightweight, stackable system, suited for wave, tidal, an
