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Market Outlooks

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Seafarers
Market Outlooks

Philippines and Indonesia spearhead training programs for seafarers as shipping moves toward decarbonization

The Philippines and Indonesia, which are home to just under 21% of the world’s crew members, are taking action to support their seafarers in developing modern skill sets as shipping decarbonizes. With 252,392 of the world’s seafarers, 13.3% of global crew members, calling the Philippines home, the c

about 3 years ago
Rethink Energy study: Green H2 is $850bn game everybody wants to play
Market Outlooks

Rethink Energy study: Green H2 is $850bn game everybody wants to play

According to a new study “Global Hydrogen Market Forecast to 2050,” published by Rethink Energy, the energy intelligence arm of Rethink Technology Research, the emergence of a global hydrogen marketplace of about six times the current market size now looks inevitable. In the study, Rethink predicted

about 3 years ago
Zukunft Gas and partners issue transformation path plan for new gases
Market Outlooks

Zukunft Gas and partners issue transformation path plan for new gases

An initiative of Germany’s natural gas industry Zukunft Gas, BDEW Federal Association of Energy and Water Industries and the DVGW German Technical and Scientific Association for Gas and Water have presented the “New Gases Transformation Path,” a plan for how the gas industry will become a hydrogen e

about 3 years ago
Illustration (Courtesy of the University of Évora)
Market Outlooks

Floating solar in Portugal could exceed national target for solar energy of 7GW, new research finds

Researchers from the University of Évora have found that the installed capacity of floating solar systems in Portugal could exceed the national target for solar energy of 7GW, defined in the country’s National Energy and Climate Plan (PNEC) 2030.

about 3 years ago
The launch of IRENA NewGen Renewable Energy Accelerator - NewGen (Courtesy of IRENA)
Market Outlooks

IRENA sets up initiative to bolster youth-led renewable energy start-ups and projects

The International Renewable Energy Agency (IRENA) has launched a new initiative, the IRENA NewGen Renewable Energy Accelerator (NewGen), aimed at supporting young entrepreneurs and innovators in driving the renewable energy transition.

about 3 years ago
The 2023 Hydropower and Marine Energy Collegiate Competition competitors (Courtesy of US DOE)
Market Outlooks

US DOE selects winners of Marine Energy Collegiate Competition

The US Department of Energy (DOE) has selected the University of New Hampshire as the overall winner of the fourth Marine Energy Collegiate Competition (MECC), which endorses new marine energy ideas for capturing the power of the ocean.

about 3 years ago
Beth Dickens from Quoceant and Winston D’Souza from Lloyd’s Register (Courtesy of Quoceant)
Market Outlooks

Lloyd’s Register gives nod of approval for Quoceant’s Q-Connect system

Scottish engineering consultancy Quoceant has secured an approval in principle from Lloyd’s Register for its quick connection system for marine renewable energy applications.

about 3 years ago
Illustration/Mocean Energy’s wave device with offshore wind turbines (Courtesy of Mocean Energy)
Market Outlooks

Shared floating wind and wave projects offer 12% combined cost reduction, report finds

Sharing infrastructure, services and supply chain between wind and wave energy projects can significantly reduce the levelised cost of energy (LCOE) for both wind and wave energy projects, a new report has found.

about 3 years ago
The signing of Solar Energy Operating Contracts (SEOCs) in the Philippines (Courtesy of Blueleaf Energy)
Market Outlooks

Philippine government awards contracts for world’s largest floating solar project

Blueleaf Energy and SunAsia Energy have secured contracts from the Philippine government to build and operate the world’s largest floating solar project in the Philippines, which has a cumulative capacity of 610.5MW.

about 3 years ago
India Ministry of Ports, Shipping and Waterways
Market Outlooks

India charts path toward bunkering of green hydrogen, ammonia and methanol

India’s Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, introduced on Wednesday the ‘Harit Sagar’ Green Port Guidelines during a ceremony in New Delhi. The launch of these guidelines marks a significant milestone in India’s journey towards achieving its Zero Carbon Emission Goal by

about 3 years ago
Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Market Outlooks

Scots start exploring green hydrogen production using tidal energy

Scottish company Nova Innovation is heading up a consortium to look at the potential of producing green hydrogen and oxygen from its tidal energy projects in Shetland.

about 3 years ago
Illustration/Deployment of D10 tidal turbine in 2018 (Courtesy of Sabella/Photo by Balao)
Market Outlooks

TIGER project puts tidal energy in UK and France back on track

The Tidal Stream Industry Energiser Project (TIGER) has demonstrated the significant value tidal stream energy can bring to the future energy mix, economies and supply chains in both the UK and France.

about 3 years ago
Hydrogen MoU
Market Outlooks

Prominent maritime ports, academia & innovation hubs unite to accelerate hydrogen innovation

Prominent maritime ports, universities, and innovation hubs from Australia, Brazil, Chile, Portugal, the United Kingdom, and the Netherlands have joined forces in a groundbreaking initiative aimed at expediting innovation for green hydrogen. Spearheaded by the Port of Rotterdam, Newcastle, O Complex

about 3 years ago
Capital Product Partners boost fleet with Asterix I LNG carrier
Market Outlooks

Capital Product Partners CEO pinpoints LNG segment as ‘particularly interesting’ for growth

Greece-based shipping company Capital Product Partners L.P., which is engaged in the seaborne transportation of natural gas, containerized goods and dry cargo, has set sights on exploring further growth in the LNG space. Speaking in a recent webcast on the company’s strategy moving forward Jerry Kal

about 3 years ago
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