Norway’s Reach Subsea has received all necessary regulatory and classification certifications in Australia for its uncrewed surface vessel (USV) and Remote Operations Centre, enabling full operational deployment in the country’s waters. The Australian Maritime Safety Authority (AMSA) has issued a Ce
The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal ener
The eighth and final CO2 storage tank has been installed on Carbon Destroyer 1, the first dedicated offshore CO2 carrier built in the EU, set to work on the Greensand project in Denmark. Once operational next year, the vessel will be prepared for its carbon capture and storage (CCS) duties, working
Swedish-Swiss ABB and France-based HDF Energy have signed a joint-development agreement (JDA) to develop a high-power fuel cell unit that will enable megawatt-scale installations to power large seagoing ships. The partners, who signed a memorandum of understanding (MoU) in 2020 envisaging the collab
TechnipFMC has delivered its 100th Subsea 2.0 tree to UK-headquartered energy giant Shell, the company that placed the first order for the subsea product platform. The subsea tree was manufactured, assembled, and tested at TechnipFMC’s dedicated facility for Subsea 2.0 in Nusajaya, Malaysia, and wil
A demonstration combining tidal power, battery storage, and hydrogen production has been completed in Scotland, marking what is said to be the first time these three technologies have been integrated into a single energy system. The demonstration integrated Orbital Marine Power’s O2 tidal turbine, v
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
