An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
University of Victoria’s Pacific Regional Institute for Marine Energy Discovery (PRIMED) has secured C$1 million ($730,000) grant to progress a renewable energy microgrid project incorporating a wave energy device on Nootka Island in British Columbia.
Norwegian company Ocean Oasis has secured funding from the existing and new investors that will be used to further develop its wave energy-driven desalination technology.
TotalEnergies and Holcim Belgium have taken the first step towards decarbonization of Obourg cement plant in Belgium with the development of a floating solar farm that will supply clean power for the facility.
Swedish company CorPower Ocean has completed load-out and towing trials for its C4 wave energy device, ahead of upcoming deployment offshore Portugal.
Weakening competitiveness in ocean energy is a warning sign for Europe’s global cleantech ambitions as its industrial leadership in ocean energy becomes increasingly at risk, warns Ocean Energy Europe (OEE) in its latest statistics report for 2022.
The ProtoAtlantic project has selected three companies to test their technologies at Lir-National Ocean Test Facility (Lir NOTF) as part of the program designed to support offshore renewable energy startups across the Atlantic Area.
A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects.
The Sustainable Energy Authority of Ireland (SEAI) is busy with bringing forward its Atlantic Marine Energy Test Site (AMETS), a floating wind and wave energy technology test site which has been in development for several years now.
Norwegian company Havkraft has teamed up with a consultancy Translucidus to develop wave energy projects in Oman.
Swedish company Minesto has signed a collaboration agreement with Taiwan Cement Green Energy (TCCGE) to pursue tidal and ocean current energy buildout in Taiwan.
Lowering the environmental footprint of the offshore energy sector – a key concern in the 21st century – plays a huge role in combating the climate change. Energy efficiency, carbon storage, renewable energies and alternative fuels are just some of the ways to tackle this problem. A few of the lates
Singapore-based company Hann-Ocean Energy has launched its third-generation Drakoo wave energy device for a new round of sea trials at Shengsi archipelago in China.
