SIMEC Atlantis Energy, the developer of the MeyGen tidal energy project, has reduced the financial losses for 2020 – the year in which MeyGen tidal array exported over 37GWh of clean power to the UK grid, breaking every record for tidal energy production set so far.
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle from Norway-based classification society DNV for the design of fuel cell-powered LNG carrier.
The Marine Energy Engineering Centre of Excellence (MEECE) and ORE Catapult have launched an innovation challenge to find solutions for tracking underwater species behaviour and movements in and around tidal stream turbines.
Danish Shipping, a focal point for Denmark’s shipping community, has welcomed the government’s move to support the ambitious countrywide CO2 storage initiative which is expected to create immense possibilities for domestic transport companies.
Dutch tidal energy company Tocardo has received hydraulic power packs (H-boxes) from Hydroton Engineering that will form part of the hydraulic brake system for T-1 tidal turbines on Subhub platform.
Clean technology company Silverstream Technologies has fitted its air lubrication technology on the Vale-chartered newbuild ore carrier Sea Victoria. The installation is the first time that any air lubrication technology has been deployed on a very large ore carrier (VLOC), Silverstream said. Coming
The UK-based marine technology consultant Cape Horn Engineering has been selected by Dutch sustainable shipping company EcoClipper to work on the design of the first EcoClipper emission-free sailing cargo ship.
CorPower Ocean’s Portuguese operation continues to gather pace with the qualification of its composite hull fabrication facility, ahead of the flagship HiWave-5 deployment later this year.
Dutch-based technical specialist in the metallurgical industry Multimetaal has announced plans to invest in compatriot company Teamwork Technology to further advance its Symphony wave energy device.
Innovate UK, the UK’s innovation agency, has provided £297,000 in grant funding for Eco Wave Power Gibraltar-led project to develop a wave powered micro-grid system that will eventually be tested on the islands of Thailand.
Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a memorandum of understanding (MoU) to accelerate development of their tidal energy sites in UK and France.
Clime Capital, a Singapore-based investment management company in charge of SEACEF funding, has invested in the development of a floating solar and storage project in Dong Nai Province in Vietnam.
The Danish Energy Agency has started the tender process for the forthcoming 428MW technology neutral auction under which both offshore wind and wave energy projects are eligible to apply.
