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Marine Energy

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CCS - Houston - ExxonMobil
Marine Energy

In focus: Energy transition is not moving forward – it is leaping towards net-zero goal

Not long has passed since the first industry and governmental commitments to making concrete moves towards cleaner energy and shipping sectors. The road of the global energy transition started with pledges and strategies, and is planned to end in a greener, cleaner world – with all that needs to be

about 5 years ago
Inyanga and SAAS join forces for marine renewables and offshore wind
Marine Energy

Inyanga and SAAS join forces for marine renewables and offshore wind

British company Inyanga Maritime and French company Ship As A Service (SAAS) have signed a collaboration agreement for the marine renewable energy and offshore wind markets.

about 5 years ago
India’s largest floating solar farm up and running
Marine Energy

India’s largest floating solar farm up and running

Bharat Heavy Electricals Limited (BHEL) has commissioned the largest floating solar photovoltaic (PV) farm in India.

about 5 years ago
First US quarry lake floating solar project under construction
Marine Energy

First US quarry lake floating solar project under construction

The U.S. RETTEW has completed approximately 40% of the construction of the 3.3 MWdc SolMare floating solar project in New Jersey.

about 5 years ago
Minesto CEO nominated for 2021 Vi Maris Award
Marine Energy

Minesto CEO nominated for 2021 Vi Maris Award

Martin Edlund, CEO of Swedish marine energy developer Minesto, has been nominated for the 2021 industry award Vi Maris. Vi Maris, meaning ‘Force of the Sea’, recognises individuals who have made outstanding contributions to the development of the ocean energy sector. According to Minesto, Edlund is

about 5 years ago
3Dent acquisition drives OPT revenue up at 2022 kick-off
Marine Energy

3Dent acquisition drives OPT revenue up at 2022 kick-off

U.S.-based marine energy company Ocean Power Technologies (OPT) has reported a revenue of $0.3 million for the first quarter of fiscal year 2022, an increase from the $0.2 million in the first quarter of fiscal year 2021. The increase is primarily said to be the result of additional Strategic Consul

about 5 years ago
Pondera and SolarDuck ink deal for 555 MWp of offshore solar projects
Marine Energy

SolarDuck and Pondera ink 555 MWp offshore solar deal

Dutch Pondera and SolarDuck have signed a memorandum of understanding (MoU) for the development of 555 MWp of offshore solar projects over the coming years.

about 5 years ago
Swiss-fund-backs-SINN-Power-with-further-E3-million
Marine Energy

Swiss fund backs SINN Power with further €3 million

Schweizer Kapital Global Impact Fund is investing a further €3 million in SINN Power to support the market entry of the company’s Ocean Hybrid Platform (OHP) and the modular power electronics components ModTroniX (MTX).

about 5 years ago
Orbital Marine to lead EU-backed floating tidal net zero project
Marine Energy

Orbital to lead EU-backed floating tidal net-zero project

Scottish Orbital Marine Power is set to lead a pan-European consortium to deliver the €26.7 million FORWARD-2030 project dedicated to accelerating the commercial deployment of floating tidal energy.

about 5 years ago
UK adds €262 million to biggest ever renewable energy support scheme
Marine Energy

UK adds €262 million to biggest ever renewable energy support scheme

The UK has decided to support renewable energy projects through its latest Contracts for Difference (CfD) auction with an additional €265 million, of which €55 million per year has been earmarked for wave, tidal, floating wind and geothermal energy projects. Divided into three pots, this will be the

about 5 years ago
Slow-Mill-completes-preps-to-deploy-its-wave-energy-converter
Marine Energy

Slow Mill completes offshore preps for its wave energy converter

Dutch wave energy company Slow Mill Sustainable Power has completed inspection and sampling at sea for deploying Slow Mill – 40, its first wave energy converter, into the coastal waters of Texel.

about 5 years ago
Illustration (Courtesy of Gazprom Neft)
Marine Energy

In focus: Energy transition nudges oil and gas into strategic reviews as renewables enter record-breaking age

Oil and gas companies and associated supply chain have started responding to the global energy transition push by announcing strategic business reviews and expansion of focus to cleaner and emissions-free markets more aligned with net-zero targets, as renewable energy sector prepares to enter the re

about 5 years ago
Photo illustration showing Mocean Energy’s Blue X in operation at EMEC (Photo by Colin Keldie)
Marine Energy

Europe could gain €140bn from ocean energy by 2050, study suggests

ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050.

about 5 years ago
Illustration/Offshore floating solar unite developed by Dutch company Oceans of Energy (Courtesy of Oceans of Energy)
Marine Energy

EU opens €10M innovation call for ocean energy and offshore floating solar technologies

The European Union’s key funding programme for research and innovation Horizon Europe has launched a €10 million call for projects related to innovative foundations, floating substructures and connection systems for ocean energy and offshore floating solar technologies.

about 5 years ago
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