Carnegie Clean Energy has made significant advancements on the development of MoorPower demonstration project, whose aim is to introduce a CETO-derived wave energy product for the aquaculture sector.
The European Union has rolled out A Green Deal Industrial Plan for the Net-Zero Age, which is being described as the EU version of the US Inflation Reduction Act. The plan aims to provide a more supportive environment for the scaling up of the EU’s manufacturing capacity for the net-zero technologie
Swedish company Minesto has announced plans for a rights issue of approximately €13.5 million worth of shares that will be used to progress its tidal energy technology and projects.
Company infoSDC Verifier is an engineering company in mechanical and structural design that provides engineering consultancy services and tailor-made code-checking software. The SDC Verifier software is a powerful standard checking tool that helps to automatically verify your FEA results according t
Daewoo Shipbuilding and Marine Engineering (DSME) has contracted TMC Compressors to provide a marine compressed air system to four LNG carriers the shipbuilder is constructing for BW LNG. Norway-headquartered TMC, which manufactures marine compressors solely for marine and offshore use, will manufac
Danish company Wavepiston has unveiled plans to launch a new crowdfunding campaign to support the demonstration of its wave energy technology at full scale.
Swedish marine energy company Minesto has signed an agreement with Poseidon Renewable Energy Corporation for strategic collaboration on the roll-out of tidal energy power plants in the Philippines.
Tech company Nautilus Labs and Brasil-based firm Log-In Logística Intermodal have teamed up to achieve reductions in fuel consumption and carbon emissions, optimized operations, and successful digital adoption across the latter’s organization.
Japanese oil and shipping company Eneos has opened a demonstration plant in Brisbane, Australia, which will produce methylcyclohexane (MCH), a liquid hydrogen carrier. The use of MCH as a hydrogen carrier has the potential to simplify the storage and transportation of hydrogen, which is otherwise a
Aberdeen-based Salus Technical has launched what it describes as “a potentially life-saving” guidance document.
Germany-headquartered Subsea Europe Services (SES) has opened a new research and development (R&D) center dedicated to the development of new integrated, autonomous and digital technologies. The new facility, located at the company’s premises in the Ocean Technology Campus Rostock, will focus on the
The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj
U.S.-based Baker Marine Solutions (BMS), a subsidiary of Baker Subsea Solutions (BSS), has made an investment into two “next-generation” inspection class remotely operated vehicles (ROVs). The two Outland 3000 Inspection class ROVs will be fitted with Tritech Gemini 1200ik multi beam sonars, Waterli
German energy company RWE has ordered two 100-megawatt proton exchange membrane (PEM) electrolysers from Linde Engineering for its GET H2 hydrogen project. The two electrolyser plants, which will be powered by offshore wind from the North Sea, are part of RWE’s efforts to build a total of 300 MW of
