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Business Developments & Projects

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Proteus Marine Renewables (PMR) has installed Japan’s first megawatt-scale tidal turbine, in the Naru Strait.
Business Developments & Projects

1.1 MW tidal turbine hits the water in Japan’s Naru Strait (Gallery)

UK-based tidal energy company Proteus Marine Renewables (PMR) has installed a megawatt-scale tidal turbine in the Naru Strait, Japan, making it “the first to operate such devices in two countries”. According to PMR, the AR1100 turbine is expected to generate 1.1 MW of power, supporting the decarboni

about 1 year ago
UK’s first HVDC cable factory starts showing contours
Business Developments & Projects

Scottish submarine cable factory starts taking shape

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The first batch of structural steel for Sumitomo Electric’s submarine cable manufacturing facility at the Port of Nigg in Scotland, set to form the backbone of the factory and warehouse structure, has arrived at the site. Sumitomo started the construction of what is said to be the UK’s first HVDC ca

about 1 year ago
ITM Power’s electrolyzer solution picked for Agder hydrogen project in Norway
Business Developments & Projects

ITM Power’s electrolyzer solution picked for Agder hydrogen project in Norway

ITM Power has signed a contract to supply four NEPTUNE V units, totalling 20 MW, for the first phase of Norway’s Hydrogen Hub Agder project.

about 1 year ago
British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables
Business Developments & Projects

New UXO contractor to support offshore wind and marine energy projects

British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables, a company focused on offshore and nearshore unexploded ordnance (UXO) clearance. According to the Pritchard-Gordon Group, PG Renewables aims to support offsho

about 1 year ago
Uniper and Kyuden eye joint hydrogen and ammonia opportunities
Business Developments & Projects

Uniper and Kyuden eye joint hydrogen and ammonia opportunities

Uniper and Kyuden International have signed a memorandum of understanding (MoU) to explore collaboration in hydrogen and ammonia, renewable energy and carbon capture utilization and storage (CCUS).

about 1 year ago
Norwegian firm to assess carbon storage potential in Australia's offshore basin
Business Developments & Projects

Norwegian firm to assess carbon storage potential in Australia’s offshore basin

Norway-based energy data and intelligence company TGS and Australian commercial-scale carbon capture and storage (CCS) project developer and operator deepC Store have joined forces on carbon storage assessment in the Browse Basin offshore Australia. The partners entered into an agreement to carry ou

about 1 year ago
Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project
Business Developments & Projects

Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project

Norwegian clean energy company Horisont Energi has signed the first non-binding term sheet to secure gas supply for its Barents Blue project, a clean ammonia plant located at Markoppnes in Northern Norway.

about 1 year ago
Liquid Wind to develop another e-fuel facility in Sweden
Business Developments & Projects

Liquid Wind to develop another e-fuel facility in Sweden

Swedish e-fuel plant developer Liquid Wind has announced a new e-fuel facility project in Sweden.

about 1 year ago
FSRU Energos Power; Source: Energos
Business Developments & Projects

FSRU gig at one of Germany’s LNG terminals cut short over pricing issues

Germany’s Deutsche ReGas has pulled the plug on a charter deal for one of two floating storage and regasification units (FSRUs) currently operating at the ‘Deutsche Ostsee’ (German Baltic Sea) energy terminal in Mukran.

about 1 year ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd ordering additional green newbuilds. This time in S. Korea

German container shipping heavyweight Hapag-Lloyd shows no signs of pausing orders as it turned to South Korea for another vessel batch.

about 1 year ago
Ocean Installer extends charter of multi-purpose offshore construction vessel until 2027
Business Developments & Projects

Ocean Installer extends charter of multi-purpose offshore construction vessel

Norway’s marine construction and operations player Ocean Installer, part of the Moreld Group, has extended its charter agreement with compatriot North Sea Shipping for an advanced multi-purpose offshore construction vessel. Ocean Installer announced it had executed an 18-month option, extending the

about 1 year ago
Aerial shots of coastal route on the North East of Scotland. Credit: Scottish Enterprise
Business Developments & Projects

Industry welcomes report on almost $10B potential of Scotland’s wave and tidal energy

Industry players have welcomed a new report that highlights the potential of Scotland’s wave and tidal energy sector to generate up to £8 billion (almost $10 billion) for the economy by 2050, supporting more than 15,000 direct jobs and driving investment in coastal communities. Commissioned by Highl

about 1 year ago
First CO2 injection offshore UK starts paving the way for permanent storage
Business Developments & Projects

First CO2 injection offshore UK starts paving the way for permanent storage

Perenco UK and Carbon Catalyst Limited have kicked off the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. As part of Project Poseidon, the test includes CO2 being inj

about 1 year ago
A large vessel at sea
Business Developments & Projects

Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030

Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within the energy and natural resources sectors, has published a report on the potential negative effects the UK’s gas policy discouraging investments in local gas production could have on the environment and supply.

about 1 year ago