The governments of Canada and Nova Scotia have moved to position Nova Scotia as “a world leader in offshore wind and clean hydrogen production.”
French start-up HelioRec has received an ‘ocean tribute’ award for its floating solar-powered solution for electric charging, securing a cash prize provided by the Monaco-based Prince Albert II Foundation and Messe Düsseldorf.
Sustainable Marine has delivered Canada’s first ‘grid-compliant’ floating tidal energy system, ushering in a fresh dawn for the nation’s marine renewable energy ambitions.
Swedish-Israeli company Eco Wave Power has signed an agreement with Port Adriano in Spain for the potential construction of a wave energy power plant of up to 2MW.
The recent floating solar auction in Portugal proved to be a major success with new records set for the lowest energy price ever, with the country awarding the lowest tariff in the world of -4.13 €/MWh.
US DOE has unveiled the winners of $1 million in cash prizes in the final stage of the Waves to Water Prize, whose aim was to develop wave energy-powered desalination solutions.
The current geopolitical crisis has been seen by many as a wake-up call and a nudge the world needed to pivot towards renewables, which are perceived as pillars of a net-zero future. In light of this, the offshore energy industry is putting the wheels into motion to step up decarbonisation as the wo
Norwegian tanker owner and operator Frontline and its Belgium-based counterpart Euronav have decided to pursue a merger, creating a global leader in the oil tanker industry.
The US Department of Energy (DOE) has launched the fourth annual Marine Energy Collegiate Competition (MECC), established to build the workforce to lead the development of marine energy industry.
Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
German propulsion expert Schottel has decided to acquire a majority stake in elkon, a Turkish specialist for marine electrical system integration.
IEEFA says that the Ukrainian crisis impacts on energy markets may stop emerging markets in Asia from securing imported LNG supplies.
