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Global OTEC meets with Turks and Caicos Islands representatives (Courtesy of Global OTEC)

Market Outlooks

UK company looking into OTEC plants for Turks and Caicos Islands

Global OTEC has started talks with the government officials of Turks and Caicos Islands regarding the possible installation of an ocean thermal energy conversion (OTEC) plant for clean energy generation.

about 3 years ago

Market Outlooks

Eni launches Congo LNG project

Italian oil and gas company Eni has inaugurated the Congo LNG, the country’s first natural gas liquefaction project and one of Eni’s supply diversification initiatives. The President of the Republic of the Congo Denis Sassou Nguesso and the CEO of Eni Claudio Descalzi laid the foundation stone at th

about 3 years ago

Concept for Exowave’s wave energy technology (Courtesy of Exowave)

Market Outlooks

Exowave partners up with turbine technology supplier

Danish clean energy start-up Exowave has signed cooperation agreement with Gugler Water Turbines for a wave energy project planned for Danish North Sea.

about 3 years ago

Oceans of Energy’s offshore floating solar system (Courtesy of Oceans of Energy)

Market Outlooks

Oceans of Energy to build offshore solar array at Hollandse Kust Noord offshore wind park

Oceans of Energy has been awarded the contract for installing and operating offshore solar farm inside the Hollandse Kust Noord offshore wind park being developed by CrossWind, a joint-venture between Shell and Eneco.

about 3 years ago

Conceptual image of the LCO2 demonstration test ship. Photo: MHI

Market Outlooks

Gibson: CO2 shipping capacity shortage looms as orders for carriers lag behind

The recent pick-up in the development of carbon capture and storage (CCS) projects across the globe is expected to provide a new source of cargo demand for the maritime industry, helping offset demand for a declining trade of conventional hydrocarbon cargoes. CCS involves capturing carbon dioxide em

about 3 years ago

CMA CGM's LNG-powered giant calls at Dunkirk

Market Outlooks

Survey: Multifuel future is on the cards as companies ready to run their fleets on 3 or more fuels simultaneously

As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. The survey respondents expect their fleets to run on mul

about 3 years ago

WaveRoller deployment offshore Portugal (Courtesy of AW-Energy)

Market Outlooks

AW-Energy applauds California’s wave and tidal energy initiative

Finnish wave energy company AW-Energy has welcomed the introduction of the California Senate Bill 605, which calls for a comprehensive and collaborative study to evaluate the feasibility and benefits of using wave energy and tidal energy.

about 3 years ago

Market Outlooks

Transgaz and E.ON join forces for Romania’s energy security

Romanian companies Transgaz and E.ON have signed a memorandum of understanding (MoU) planning to cooperate in order to consolidate Romania’s energy security by aligning and correlating the development strategies regarding the natural gas infrastructure with the European Green Deal provisions and oth

about 3 years ago

Illustration/WITT model (Courtesy of WITT Energy)

Market Outlooks

WITT Energy partners up with RS Group to advance marine energy device

UK-based renewable energy technology company WITT Energy has teamed up with RS Group to help bring its energy harvesting device to market for use in remote and marine applications.

about 3 years ago

Market Outlooks

With $185 bln of total investment on the table, WoodMac expects more oil & gas FIDs in 2023

Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.

about 3 years ago

Illustration/Tidal energy turbine by Nova Innovation, which is developing projects both in UK and Canada (Courtesy of Nova Innovation)

Market Outlooks

UK and Canada strengthen marine energy ties

Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the marine renewable energy industry.

about 3 years ago

Market Outlooks

HydrogenPro teams up with Andritz for green hydrogen solutions in Europe

Technology company and an OEM for high-pressure alkaline electrolysers HydrogenPro and technology group Andritz have entered into a partnership to collaborate on scaling up manufacturing and assembly of electrolysers for the European market. According to HydrogenPro, this non-exclusive partnership w

about 3 years ago

Market Outlooks

EU-SCORES gets official go-ahead for renewable energy multi-use parks

The EU-SCORES project, focused on developing energy multi-use parks incorporating different offshore renewable energy sources at one site, has received an official go-ahead from the European Climate, Infrastructure and Environment Executive Agency (CINEA).

about 3 years ago

Illustration/SIMEC Atlantis' tidal energy turbine (Courtesy of SIMEC Atlantis)

Market Outlooks

UK government exploring reforms of its renewable energy auction scheme

The UK government is seeking views on introducing contracts for difference (CfD) reforms, which could reward applicants for including wider benefits their projects could bring when submitting price bids to government for their low-carbon electricity.

about 3 years ago