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
US Researchers from North Carolina State University have developed a new modeling tool to help boost marine hydrokinetic projects by enhancing the design of ocean current turbines and providing risk assessments needed for permitting and insurance. According to the North Carolina State University, t
The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has allocated more than $33 million in funding to advance marine energy and hydropower projects. Out of the total funding, nearly $25 million is dedicated to 25 marine and hydropower research and development (R&D) projects
MF Estelle, the ‘world’s first’ autonomous electric ferry, has completed its journey between two major islands in central Stockholm, demonstrating the potential for unmanned, sustainable transport, the RISE Research Institutes of Sweden has unveiled. MF Estelle’s trial in Stockholm Designed and buil
The UK government has confirmed £21.7 billion in funding to establish two major carbon capture and storage (CCUS) clusters over the next 25 years, alongside hydrogen production facilities, in Teesside and Merseyside. According to the UK government, this move will propel the UK towards becoming a gl
A consortium of ten universities, led by the University of Plymouth, is warning that urgent action is required for the UK to meet its 2050 Net Zero target, with significant acceleration needed in tidal, wave, and offshore wind energy growth. The latest report, ORE Outlook 2040, from the Supergen Of
Saipem has unveiled IVHY 100, a 100 MW green hydrogen solution leveraging Nel’s technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.
