While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has become a signatory to the UN Global Compact Sustainable Ocean Principles.
Tidal energy company SIMEC Atlantis Energy has widen its losses for 2021, driven by the discontinuation of a power station conversion project and operational difficulties experienced at the MeyGen tidal energy project during the year.
Norwegian technology provider HAV Group ASA has signed a letter of intent for the acquisition of Norwegian integrated automation and energy specialist Høglund Marine Solutions.
Norwegian company Havkraft has signed an agreement for a project that will use its wave energy technology to provide clean power to a fish farm offshore Norway.
To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.
Carnegie Clean Energy has released its new product validation roadmap for its primary CETO and MoorPower technologies, alongside additional products Wave Predictor and Mooring Tensioner.
Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned 101.6MWp floating solar project in Kayamkulam in Kerala – India’s largest such project to date.
The consortium behind the FLOating RAdar (FLORA) project has held the kick-off meeting to formalize the start of a scheme that will develop and demonstrate an industrial-scale prototype of a multi-purpose ocean station with renewable energy generation and operational oceanography capabilities: the F
The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.
Ocean Renewable Power Company (ORPC) has signed an agreement with the Municipality of Chile Chico in the Aysén region of Patagonia to install a RivGen power system in the area in 2023.
The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia.
Wintermar sets the stage to benefit from higher demand in the oil & gas industry while eyeing the offshore wind sector for future growth.
Time is running out for the European Union to meet its 100 MW ocean energy deployment target by 2025, Ocean Energy Europe (OEE) has warned.
