The Australian Government has awarded AU$2.4 million (around $1.6M) to renewable energy business WaveX to drive its wave energy technology, as a part of a broader AU$55 million fund aimed at driving innovation across key sectors in Australia. The funding was unveiled by Minister for Industry and Sci
A number of Finnish research organizations and companies have launched a project to develop fuel-flexible solutions for maritime transport and off-road machinery, enabling the optimal use of zero- and low-carbon fuels and reducing greenhouse gas (GHG) emissions by up to 100%. The Flexible Clean Prop
Developer of wind propulsion technologies GT Wings has received grant support from the UK government to advance its “innovative” wind propulsion system AirWing.
Brussles-based European Composites Industry Association (EuCIA) has applied its expertise in life cycle assessment (LCA) and circularity of composite materials to tidal turbine blades, as part of the EU-funded MAXblade project’s efforts to scale tidal energy generation and cut costs. EuCIA is keen o
Gibraltar-based shipyard Gibdock has joined forces with UK-based tech firm Armada Technologies to explore the integration and feasibility of Armada’s proprietary air lubrication system (ALS) into ships serviced by Gibdock. As informed, under the terms of the memorandum of understanding (MoU) that th
Ohmium International has signed a term sheet with SwitcH2 BV for the supply of PEM electrolyzer solutions for the offshore floating green hydrogen and ammonia synthesis project OFFSET.
Canada-headquartered marine technology player Kraken Robotics has secured $13 million in orders for its SeaPower subsea batteries from existing clients. Rated for depths of up to 6,000 meters, these batteries deliver twice the energy density and are 46% lighter per kWh compared to traditional press
Vast Renewables and Mabanaft have awarded contracts to Fichtner and bse Methanol to commence pre-FEED work for SM1, the solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia.
Swedish company CorPower Ocean has secured €32 million in Series B1 funding to advance the commercialization of its wave energy technology, marking a step towards making wave power a mainstream, bankable energy source. This latest investment round, the largest single investment into CorPower’s techn
MT Group has signed a contract with the Klaipeda State Seaport Authority to build a green hydrogen production and refueling station in the Port of Klaipeda.
Inyanga Marine Energy Group has taken control of the D10 tidal turbine, the first grid-connected tidal turbine in France, securing permission to operate the facility in the Fromveur Passage, off the coast of Brittany, until August 2028. The turbine, which delivers clean energy to the island of Usha
Cepsa and Sonatrach have signed an MoU to jointly carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria, mainly aimed at supplying the European market.
Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean has signed a letter of intent (LOI) with Texas-based provider of wellhead and pressure control equipment, Kinetic Pressure Control, to install the latter’s technology on its two rigs.
Japanese shipping company NYK has started operating its test engine facility to evaluate the safety of new fuels and shorten review time, aiming for practical use within a period of three months. NYK broke ground on the test facility in Chiba Prefecture at the beginning of the year and put it into o
