German automotive and industrial supplier Schaeffler has signed a letter of intent (LOI) with French hydrogen producer Lhyfe that includes a technology partnership, green hydrogen, and a 15 MW industrial electrolysis plant in Herzogenaurach, Germany. The first part of the agreement is in regard to g
Carbon capture and removal solutions provider Svante has raised $318 million to accelerate the manufacturing of its carbon capture technology, with Chevron New Energies (CNE), Chevron USA’s unit focusing on low-carbon, being the lead investor in its Series E fundraising round. “We are advancing a fu
Swedish wave energy company Waves4Power and Indonesia’s state-owned electric utility PLN Indonesia Power has signed a memorandum of understanding (MoU) to develop WaveEL wave energy parks on a large scale in the world’s largest archipelagic state.
Scotland’s national economic development agency Scottish Enterprise and its manager of land and sea assets Crown Estate Scotland have selected an Edinburgh-based consultancy to provide technical advice services for investments in the MeyGen tidal energy project.
Global Maritime has provided marine warranty survey (MWS) services for CorPower Ocean’s HiWave-5 grid-connected wave energy project.
Eco Wave Power has delivered it wave energy conversion unit, previously deployed in Gibraltar, to AltaSea at the Port of Los Angeles in the United States.
The US Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has launched a $10.5 million call for new marine energy projects, expected to advance the research and development of this renewable energy industry.
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the
CSSC-MES Diesel (CMD), a subsidiary of CSSC Power (Group), celebrated a massive milestone last week with the successful completion of the factory acceptance test (FAT) for CMD-MAN 8G95ME-C10.6-EGRTC main engine. This is the first CMD-MAN 8G95ME-C10.6-EGRTC main engine built by CMD in China. The test
Crown Estate Scotland has received a total of 19 applications for its Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process. This level of interest from industry demonstrates significant support for this exciting new opportunity, the Scottish seabed manager said. INTOG aims to he
French LNG containment specialist GTT has received its first order for the tank design of two LNG carriers from its new partner, the Chinese shipyard Yangzijiang, on behalf of a European ship owner. The delivery of the vessels is scheduled between the fourth quarter of 2025 and the second quarter of
Japan’s IHI corporation, a heavy-industry manufacturer, has made a step forward in cultivating carbon solutions by investing in Starfire Energy, an American carbon-free ammonia technology developer, and partnering up with ANGEL NAVI, a Japanese investment support firm. According to IHI, its main foc
Norway’s cleantech company TECO 2030 and China-based SinoHyKey technology company (SHK) have signed an agreement, according to which, SHK will provide the Membrane Electrode Assembly (MEA), a key component in the TECO 2030’s fuel cell system to decarbonise marine transportation. “I am pleased to ann
Japanese shipowner Mitsui O.S.K. Lines (MOL) plans to trial the use of the satellite communication service Starlink, offered by Elon Musk’s Space Exploration Technologies Corp.(SpaceX), on its operated ships. As informed, MOL signed a Memorandum of Understanding (MoU) with maritime connectivity spec
