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Transition

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Business & FinanceBusiness Developments & ProjectsCollaborationEquipmentMarket OutlooksOutlook & StrategyRegulation & PolicyTechnologyVisionResearch & DevelopmentEnvironmentInnovationProject & TendersVesselsAuthorities & GovernmentInfrastructureGreen MarineExploration & ProductionRules & RegulationCarbon Capture Usage & Storage
Illustration/Mocean Energy’s Blue X wave energy device offshore Orkney (Courtesy of Mocean Energy/Photo by Colin Keldie)
Transition

Mocean Energy steps up commercialization plans with new funding and investors on board

Scottish wave energy company Mocean Energy has raised €2.5 million in new equity, alongside €572,000 grant to drive the commercialization of its wave energy technologies, bringing Katapult Ocean and MOL Plus as new investors in the business.

about 2 years ago
French partners setting up research laboratory to boost large-scale green hydrogen production
Transition

French partners setting up research laboratory to boost large-scale green hydrogen production

Elogen, a GTT Group company specializing in PEM electrolysis, has signed a partnership agreement with the French National Center for Scientific Research (CNRS) and Université Paris-Saclay to create a joint research laboratory and accelerate large-scale green hydrogen production. The parties formed t

about 2 years ago
KEMA Labs drives energy transition through large expansion of HVDC testing capabilities
Transition

KEMA Labs drives energy transition through large expansion of HVDC testing capabilities

Our world stands at a crucial crossroads on the journey to reduce carbon emissions and adopt renewable energy sources. Shifting towards clean energy is not merely a choice but an imperative in the battle against climate change and the pursuit of a sustainable future. This transition is gaining momen

about 2 years ago
Prysmian
Transition

With new orders of €13 billion in the bag, Prysmian pinpoints energy transition and electrification as growth drivers

Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.

about 2 years ago
The 192MWp Cirata floating solar power plant (Courtesy of Sungrow FPV)
Transition

The largest floating solar power plant in Southeast Asia comes online

The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.

about 2 years ago
Makai's OTEC plant (Courtesy of Makai Ocean Engineering)
Transition

Makai Ocean Engineering teams up with Shell to advance OTEC tech

Makai Ocean Engineering has signed an agreement with Shell Technology – Marine Renewable Program to further develop and test potentially transformative proprietary technologies that advance the engineering and economic viability of an offshore ocean thermal energy conversion (OTEC) system.

about 2 years ago
Canopée
Transition

World’s 1st wind-powered hybrid industrial cargo ship wins Ship of the Year Award

Neptune Marine, a Dutch provider of maritime solutions, has won the Ship of the Year Award 2023 for Canopée, a double-propelled open-top roll-on/roll-off (RoRo) vessel with wind-assisted marine propulsion.

about 2 years ago
Reach Subsea inks charter contract for low-emission survey vessel
Transition

Reach Subsea inks charter contract for low-emission survey vessel

Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine

about 2 years ago
Nexans to link Orkney Islands to Scottish mainland
Transition

Nexans to link Orkney Islands to Scottish mainland

SSEN Transmission has selected Nexans to supply and install the high-voltage cables that will provide a transmission link from the Orkney Islands to the Scottish Highlands. A capacity reservation agreement has been signed and Nexans has committed to reserve manufacturing and installation capacity fo

about 2 years ago
Neoline
Transition

Neoline: Construction starts on first sailing cargo ship

The construction has begun on the first sailing roll-on/roll-off (RoRo) vessel ordered by French startup Neoline Armateur.

about 2 years ago
ESL Shipping
Transition

New investor to help drive ESL Shipping’s green transition

Finnish conglomerate Aspo has attracted a new investor for ESL Shipping to accelerate the green transition of its shipping subsidiary.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Transition

Report: Fossil fuel age not running out of gas, as production ramp-up undermines net-zero transition

A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.

about 2 years ago
Illustration; Source: Australian Energy Producers (former APPEA)
Transition

Australia’s oil & gas industry calls for fix of offshore regulatory approval ‘chaos’ as wait times increase

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has called on the Commonwealth to “urgently fix” – what it deems as – the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval

about 2 years ago
Updated converter station plan for UK-France interconnector gets OK
Transition

Updated converter station plan for UK-France interconnector gets OK

The FAB interconnector that will link Great Britain and France has received updated planning permission for its converter station in the UK. The FAB Project will link the national electricity grids of Great Britain and France with the aim of increasing energy security, equalising electricity prices

about 2 years ago
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