
Danish power cable manufacturer and installation company NKT has cut the first steel for its new cable-laying vessel (CLV) which will be able to run on both methanol and HVO/marine diesel oil. The milestone was celebrated at Vard’s shipyard in Romania where the construction, planning and engineering

U.S. and German governments are supporting two projects that have a mutual goal of developing a low-cost subsea energy storage technology that supports electrical grid decarbonization with funding of $7.7 million. The U.S. Sperra, dedicated to pioneering the next generation of renewable energy solut