Exowave, a Danish wave energy technology company, has partnered with AquaX Energy Americas to establish a joint venture (JV), AquaX JV, to deploy wave energy solutions across North America, Central America, South America, and the Caribbean. According to Exowave, this partnership targets the implemen
Norwegian company Nel has decided to temporarily halt production at the alkaline electrolyzer production facility in Herøya, Norway.
Underwater solutions company SMD has teamed up with UK-headquartered tech player Beam to deploy AI-powered autonomous vehicles for offshore wind operations using Beam’s software. The collaboration aims to boost efficiency in offshore wind farm maintenance by combining advanced subsea technologies. A
The Hague-based Wave Energy Collective (Weco) has secured funding under the EKOO TSE Electricity 2024 program, backed by the Dutch Ministry of Climate and Green Growth’s Topsector Energiesubsidie initiative, to advance a renewables-driven offshore charging solution for autonomous vessels. According
French shipbuilder SOCARENAM and compatriot naval architecture and marine engineering firm MAURIC have secured a tender for the design and construction of an offshore patrol vessel (OPV) that will combine hybrid propulsion with wind assisted propulsion.
Eco Wave Power, a wave energy developer, has hired Portuguese firm MOQ Engineering to handle the final design work and load calculations for its Porto wave energy project. This move brings the project closer to its scheduled launch in 2026. According to Eco Wave Power, the project forms part of a 20
PEM electrolyzer provider has been selected for a new hydrogen production and refueling station at the Port of Klaipeda in Lithuania.
The world’s largest cruise company Carnival Corporation & plc has commissioned the UK’s cleantech company Silverstream Technologies to install its air lubrication system (ALS) on another duo of Excel-class cruise ships powered by liquefied natural gas (LNG). As disclosed, the two vessels are the thi
Dutch geo-data specialist Fugro has secured a contract from Italy’s Institute for Environmental Protection and Research (ISPRA) to install and operate an offshore wave and current monitoring network (ROCA) to safeguard the country’s coastal and marine ecosystems. According to Fugro, the two-year pro
Wave energy developer Eco Wave Power’s EWP-EDF One wave energy project at Jaffa Port in Israel operated without interruption during storm-classified conditions in the last week of December 2024, delivering constant energy despite challenging weather. With wave heights averaging 1,6 meters and peak p
Ireland-based XOCEAN has secured €115 million in funding to support the growth in the offshore energy and civil hydrography sectors. The Irish ocean data company closed the financing round with support from S2G Ventures, Climate Investment (CI), Morgan Stanley’s 1GT fund, and CC Industries (CCI), a
The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has allocated $800,000 for eight projects designed to advance hydropower and marine energy innovation across the U.S. to foster entrepreneurship, streamline commercialization, and support small business growth in the water
Dutch maritime technology company Value Maritime and its partners in the Maritime Efficient & Easy Carbon Capture (ME2CC) project have received funding from the Maritime Masterplan 2024 to advance the development, construction and demonstration of a compact, modular carbon capture system to be insta
Norway-based TMC Compressors has been hired by South Korea’s Samsung Heavy Industries (SHI) to supply marine compressed air systems for a set of liquefied natural gas (LNG) carriers the latter is building for an undisclosed national energy company.
