Denmark’s Wavepiston has opened its next capital raise with the aim of supporting the critical objectives of operating its full-scale wave energy system, among other things. Wavepiston reported that it had on February 8 installed its first full-scale energy collector on the Wavepiston string at the
U.S.-based NOV has received an order for what is said to be the industry’s first electric subsea crane. NOV reported that its Lifting & Handling group had sold the first electric subsea crane to a company in Europe at the end of 2023. “We are excited about the market’s response to our electric subse
