The EuroAsia Interconnector has entered the construction stage with the launch ceremony held in Nicosia, Cyprus, on 14 October. The EuroAsia interconnector is a Project of Common Interest (PCI) under the 5th Union List comprising a 1,200-kilometer subsea cable from Israel to Crete via Cyprus. As a s
Chicago-based hydrogen and nitrogen products manufacturer CF Industries has made appointments related to its clean energy initiatives. Erik Mayer has been appointed vice president of clean ammonia growth. In this newly created role, Mayer will lead a team focused on the evaluation and development of
Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel.
iXblue and ECA Group will be operating under a new joint brand called Exail, the companies announced following the recent acquisition of iXblue by Group Gorgé. According to iXblue, the companies will benefit from a global workforce of 1,500 persons and are expected to achieve an annual turnover of €
Storegga, a developer of carbon reduction and removal technologies, has signed a memorandum of understanding (MoU) with materials management and logistics company ASCO to collaborate on the Acorn Project. Under the MoU, the parties will explore opportunities to collaborate, with particular focus on
Swedish green electrofuel development company Liquid Wind has raised €15.2 million in Series B financing that will build its capabilities and develop projects for decarbonising the maritime industry. Liquid Wind said that the existing investors Uniper, Alfa Laval, Siemens Energy, Topsoe, Elyse and o
UK-based tidal energy developer HydroWing has signed a memorandum of understanding (MoU) with state-owned company Indonesia Power to support and develop tidal energy projects in Indonesia.
South Korean cable manufacturer LS Cable & System has completed official certification for its 525 kV cross-linked polyethylene (XLPE) high-voltage direct current (HVDC) system. According to the company, the long-term reliability (pre-qualification) test of the HVDC submarine and underground cables
A pioneering collaboration between 14 international partners has been established to deliver a €19.6 million wave energy project which aims to be the stepping stone for the commercialization of this emerging clean energy industry worldwide.
Grimaldi Group has secured two loans, totaling €70 million, from the Intesa Sanpaolo bank for the purchase of two vessels belonging to the Grimaldi Green 5th Generation (GG5G) class.
Danish renewables developer European Energy has received €53 million from the Danish Green Investment Fund (DGIF) for its upcoming Power-to-X (PtX) facility in Kassø, which will be the largest e-methanol facility in the world to date. The financing from the fund is part of the total investment in th
Tidal stream energy could plummet below £80 (€90) per MWh by 2035 if current opportunity is realized, a new report by ORE Catapult predicts.
As the maritime industry explores scalable and viable options to replace fossil fuels, biodiesel is the only readily available drop-in alternative right now, according to Stolt-Nielsen’s Head of Sustainability. Last week, Bill Bryant spoke at the Maritime and Port Authority of Singapore’s (MPA) bunk
Japan-headquartered Sumitomo Electric Industries has completed a long-term test for its 525 kV cross-linked polyethylene (XLPE)-insulated high-voltage direct current (HVDC) submarine cable system. The cable system was tested in accordance with the international standard CIGRE-TB496 and a third-party
