Swedish tidal energy developer Minesto has reported an increase in losses for the first nine months of fiscal year 2021 compared to the same period a year earlier.
The U.S. Department of Energy (DOE) has announced $105 million in funding for small businesses working on the development of clean energy solutions that will contribute to the fight against climate change.
Ireland-based hydrokinetic turbine developer GKinetic Energy has been selected as one of ocean impact technology startups to receive support from Katapult investment company.
Ocean Energy Systems (OES), a technology collaboration programme within the International Energy Agency (IEA), has released a whitepaper on ocean thermal energy conversion (OTEC) providing an overview of the technology and discussing the importance of its widespread adoption.
Wave energy company Carnegie Clean Energy and its partners have launched an AU$3.4 million MoorPower demonstrator project whose aim is to offer a clean power solution for decarbonisation of aquaculture sector and other offshore activities using the energy of the waves.
The UK government has launched its landmark net-zero strategy, outlining measures to lower its reliance on fossil fuels and transition to a green and sustainable future.
BladeRunner Energy, in collaboration with the Alaska Center for Energy and Power (ACEP), has launched and tested its first full-scale hydrokinetic prototype in Alaska.
UK-based marine energy company Marine Power Systems (MPS) has joined forces with Marine2o to develop integrated solutions to support the production of green hydrogen from offshore renewable energy sources, using marine vessels to transport this energy vector to market.
Marine-i has welcomed the news that Global OTEC Resources entered into a partnership for the deployment of the world’s first commercial floating ocean thermal energy conversion (OTEC) platform, which will be located in the Democratic Republic of São Tomé and Príncipe.
UK-based wave energy company Mocean Energy has opened a new dedicated office in Aberdeen to meet growing oil and gas interest in decarbonisation of North Sea assets.
The developers of the PacWave wave energy test site have completed offshore horizontal directional drilling (HDD) works that will enable the connection of the offshore site to onshore facilities.
China-based marine energy company Hangzhou Huge Wave Energy Technology has recently tested its wave-powered ocean monitoring platform offshore Daishan county in the Zhejiang Province.
Another week has gone by not leaving us wanting on energy transition developments, as several updates on renewable energy, clean fuels, decarbonisation, and net-zero strategies made headlines – most notably those from the traditionally fossil fuel-oriented players.
Swedish tidal energy company Minesto has released a video summarizing its Deep Green tidal energy activities in Vestmannasund strait in the Faroe Islands.
