Denmark’s Copenhagen Infrastructure Partners (CIP) has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to green ammonia. Consisting of 1 GW electrolysis, the plant will be Europe’s largest production facility of CO2-free green ammonia, CIP s
With the goal of clean energy in mind, Australia’s natural gas networks are testing blending hydrogen with gas and producing green methane to replace fossil fuel.
Swedish company CorPower Ocean has secured a private investment of €9 million, bringing total equity funding to support the demonstration of its first commercial-scale wave energy device in the flagship HiWave-5 project to over €20 million. The investment round was led by Midroc New Technology and
Activist firm Engine No. 1, which has nominated four independent director candidates to the ExxonMobil board of directors, has sent a letter to Exxon claiming that it was falling short of what was expected regarding reaching climate goals set by the company.
Ship owners will have to make their vessels more efficient regardless of the pathway they choose to meet the upcoming regulatory requirements on greenhouse gas (GHG) emissions in 2030 and ultimately 2050. Making vessels more efficient will be vital in ensuring owners remain competitive in the busine
Australia has become the latest member of the Global Ocean Alliance, a 39-country strong initiative calling for at least 30 per cent of the world’s oceans to be protected as marine protected areas (MPAs) by 2030.
Europe won’t be able to achieve strategic autonomy without supporting and strengthening its own maritime technology industry, the Shipyards’ & Maritime Equipment Association (SEA Europe) said.
The EU-funded VALID project has launched a survey to gather industry input for the accelerated testing requirements for wave energy developments.
Commenting on the UK’s High Court ruling on the Norfolk Vanguard offshore wind project, RenewableUK’s Deputy Chief Executive Melanie Onn said that such projects need to go ahead as swiftly as possible in order for the UK to achieve its goal of having 40 GW of offshore wind by 2030. New offshore wind
The Nordic energy company Gasum entered into an agreement with Wärtsilä to supply LNG to Finnish shipping company Wasaline and to Wärtsilä’s new technology hub.
Aberdeen-based offshore drilling contractor Stena Drilling has launched a petition urging the UK Government to give oil workers returning from overseas full quarantine exemption.
After a rocky start to the year, BW Offshore is investing in the floating offshore wind to position itself as an early mover in the energy transition.
Workforce demand in offshore wind will rise dramatically over the next decade, with the number of jobs in this sector reaching around 589,000 in 2025, while 2030 could see 868,000 full-time offshore wind jobs. Currently, it is estimated that around 297,000 people are working in the sector. This is a
US-based wave energy developer Oscilla Power has decided to extend its crowdfunding campaign on MicroVentures to accommodate the rising interest from the investors. After reaching the crowdfunding target of almost $140,000 in its second campaign, conducted to raise funds to complete the construction
