Infinium has closed a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust.
Oldendorff Carriers has signed a joint development project with Anemoi Marine Technologies, Lloyd’s Register and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for dry bulk carriers. The project is being announced as the shipping industry
CorPower Ocean and OPS Composite Solutions have received close to €500,000 from EEA Grants for a collaborative project looking to boost the performance and slash costs for wave energy technology.
The AR500 tidal energy generation system, designed and built by Simec Atlantis Energy, has been installed in the Naru Strait, off Japan’s Goto Island chain.
The joint study indicates the road freight sector is close to a tipping point to decarbonise faster than expected, with hydrogen fuel as the most viable technology.
ELWAVE, an industrial designer and manufacturer of electromagnetics sensors for the underwater and industrial robotics, has completed its first capital raise. The funds will support the company’s global growth ambition, industrialisation and commercialisation of its first products for underwater rob
Maine Governor Janet Mills is proposing a series of actions to advance the planned floating offshore wind research array in the Gulf of Maine. In a letter to Maine’s licensed commercial fishermen, Mills announced she will propose for the legislature’s approval a ten-year moratorium on new offshore w
Marine Energy Test Area (META), Wales’ national marine test centre, has obtained the marine license for the second phase of the project from Natural Resources Wales (NRW).
Americal classification society ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) have joined forces on a study of the potential of ammonia as a marine fuel for Singapore. Titled Ammonia as a Marine Fuel in Singapore – Supply Chain, Bunker S
The European Investment Bank (EIB) has signed a financing agreement with Iberdrola to support the company’s two-year innovation, research and development strategy for renewables with €100 million. Iberdrola will use the funds for R&D in renewables, the production of green hydrogen and the developmen
Danish company Floating Power Plant (FPP) has secured support from the EU-funded MaRINET2 project to test its hybrid floating wind and wave platform at IHCantabria facilities in Spain.
In collaboration with strong international players, the Norwegian wave energy developer Waveco has advanced the development of the full-scale Subwave wave energy prototype which could be ready for deployment by the end of the year.
Classification and technical advisory body ABS has awarded China Merchants Industry (CMI) Approval in Principle (AIP) for its deep-sea mining system design. The AIP follows publication of the ABS Guide for Subsea Mining in October 2020 and is the first that conforms to the new Guide. Specifically, C
Heerema has received Statements of Feasibility from DNV GL for two of its “silent foundations” concepts, on which the company has been working together with the University of Dundee. The concepts include helical or screw piles and so-called push-in piles, which could be installed without loud hammer
