
DRIFT Energy, a British startup set to make green energy at sea using hi-tech sailing vessels, has closed its seed funding round that would enable it to build its first green hydrogen producing vessel.

A business opportunity worth nearly $3.3 billion per year has prompted the UK’s Port of Sunderland to forge ties with Northern Metal Recycling to bring a new decommissioning playground into play, opening the doors to service the oil and gas industry in the North Sea.