Scottish renewable energy company Orbital Marine Power has secured a £7 million (around €8 million) investment to support its international commercial tidal stream projects, following new tidal energy licenses in Canada. Venture-focused investment firm PXN Ventures, the combined VC arm of Praetura V
Indeximate, a UK-based provider of fiber optic sensing technology for predictive maintenance of offshore wind subsea cables, has received a DNV Statement of Feasibility for its Scattersphere cable health monitoring platform, the company said on December 3. The platform was granted the Statement of F
The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders
Two Italian players, Fincantieri and Roboze, have joined forces with Arab Shipbuilding & Repair Yard (ASRY), a maritime repair and fabrication facility in the Arabian Gulf, to strengthen maritime capabilities in the Gulf.
CGEN Engineering, a spinout company from the University of Edinburgh, has put its fully marinised, next-generation modular electrical generator for tidal energy devices to the test over the past few months at a test site of the Marine Energy Test Area (META) in the Cleddau Estuary.
Kongsberg Discovery, part of Norway’s Kongsberg Gruppen, has taken a step to combine its offering with MacArtney Underwater Technology to create a new level of turnkey capability in towed underwater sensing solutions for defense, energy, and ocean science spheres.
Wave energy test site PacWave and the Bonneville Power Administration (BPA) have signed a power purchase agreement (PPA) that will enable the first delivery of wave-generated electricity to the U.S. main grid, with CalWave preparing to deploy its xWave device at the PacWave South site operated by Or
Finland-based technology group Wärtsilä has been selected to provide an integrated hybrid propulsion system for a bulk carrier currently under construction at the Dutch Royal Bodewes shipyard for Norwegian maritime transport company Aasen Shipping. According to officials from Wärtsilä, the 9,500 dwt
U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) has introduced a new support category focused on commercialization, marking an expansion of its long-running program that has so far centered on testing services for marine energy technologies. The initiative provides business-foc
Norway’s TMC Compressors has been selected to supply a complete compressed air system for a dozen alternative fuel-ready containerships being constructed for German shipping titan Hapag-Lloyd in China. As disclosed, China’s Jiangsu New Yangzi Shipbuilding is currently building the twelve 16,800 TEU
German chemical company BASF and U.S. energy major ExxonMobil have signed a joint development agreement to co-develop methane pyrolysis technology for low-emission hydrogen.
The Netherlands-based Dieseko Group and Swedish wave energy developer CorPower Ocean have formed a consortium to launch VibroDrive+, a research project aimed at advancing offshore anchor technology through improved design and installation methods. Backed by €400,000 in Eureka Eurostars funding, the
TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract with Italy’s energy giant Eni for a deepwater project offshore Indonesia. TechnipFMC will design and manufacture Subsea 2.0 tree systems, flexible flowlines, a manifold, and controls, as wel
Switzerland-based turbocharger producer Accelleron and South Korea’s HD Hyundai Marine Solution, a marine technology provider operating under HD Hyundai, have entered into an agreement aimed at ‘boosting’ the integration of ship management and optimization tools. Under the terms of the contract the
