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Market Outlooks

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Soltech's first floating solar solution installed by Sud Renovables in Spain (Courtesy of Soltech Group)
Market Outlooks

Soltech installs its first floating solar unit in Spain

Sud Renovables, a Spanish subsidiary of Soltech Group, has installed the company’s first floating solar energy unit, which also represents the first installation of that kind in Catalonia in Spain.

about 3 years ago
Illustration/Wave energy device testing (Screenshot/Video by Maynooth University COER)
Market Outlooks

US-Ireland R&D program awards €500K for collaborative wave energy project

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Maynooth University’s Centre for Ocean Energy Research (COER) has secured €500,000 through the joint US-Ireland research program for a collaborative wave energy project whose aim is to make the technology more commercially attractive.

about 3 years ago
In focus: Offshore hydrogen steals the show once again
Market Outlooks

In focus: Offshore hydrogen steals the show once again

In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar

about 3 years ago
West Hercules rig; Source: SFL Corporation
Market Outlooks

Westwood: UK’s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand

Westwood says that the UK’s tax changes could amplify the exodus of rigs from the North Sea, which is already in full swing.

about 3 years ago
Inseanergy’s floating solar unit (Courtesy of Inseanergy/Photo by Kristin Stoylen)
Market Outlooks

Inseanergy gears up for fundraising campaign

Inseanergy, a Norwegian company developing floating solar solutions for aquaculture industry, has announced the upcoming fundraising campaign to prepare for further growth and internationalization.

about 3 years ago
Test centers in France now part of OPEN-C Foundation (Courtesy of OPEN-C Foundation)
Market Outlooks

France creates largest European sea trial center for marine renewables

The largest European center for sea trials entirely dedicated to floating wind power and marine renewable energies called the OPEN-C Foundation has been set up in France by major industry players.

about 3 years ago
UK and France strengthen ties on energy cooperation
Market Outlooks

UK and France strengthen ties on energy security and resilience

The governments of the UK and France have signed a new agreement committing to greater cooperation on energy resilience and low-carbon technologies, which could potentially support a rise in electricity interconnection by two thirds. The Statement of Cooperation on Energy was signed on 10 March by t

about 3 years ago
Illustration; Source: TotalEnergies
Market Outlooks

After bolstering oil, gas and renewables in 2022, TotalEnergies ramping up low-carbon investments in 2023

France’s TotalEnergies has decided to step up its investments in low-carbon energies to $5 billion in 2023.

about 3 years ago
Welsh First Minister Mark Drakeford (Courtesy of the Welsh government)
Market Outlooks

Wales launches €850K tidal lagoon challenge

Welsh First Minister Mark Drakeford has announced £750,000 (€850,000) for research projects focusing on deployment of tidal lagoon technology as part of Tidal Lagoon Challenge.

about 3 years ago
Illustration; Source: Shell
Market Outlooks

Shell unveils two energy scenarios with the world caught in security and climate woes’ grasp

Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern.

about 3 years ago
Nova Innovation’s tidal turbine in Étel Estuary (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation deploys tidal turbine in France

Scottish company Nova Innovation has installed its tidal energy turbine at the Étel Estuary, bringing its turbines to France for the first time.

about 3 years ago
MSC Irina
Market Outlooks

Alphaliner: Armada of big ships readies to hit the market as demand falters

In 2023, the world’s top eleven ocean carriers, which include nine members from three global alliances as well as ZIM and Wan Hai Lines, are set to add a whopping 89 large mainline container ships to their fleets, according to Alphaliner. This development is poised to have a significant impact on th

about 3 years ago
Illustration/Sabella's D10 tidal turbine (Courtesy of Sabella)
Market Outlooks

French launch €1.5M project to decarbonize island power grids

A collaborative project dubbed OPTILE has been launched in France with the aim of decarbonizing the supply of electricity to island grids using offshore renewable energy.

about 3 years ago
HydrogenPro steps into US market with establishment of manufacturing facility
Market Outlooks

HydrogenPro steps into US market with establishment of manufacturing facility

Norwegian HydrogenPro, a technology company and an OEM for high-pressure alkaline electrolysers, has announced it will take its first major step into the US market with the establishment of a 500 MW manufacturing facility in Texas, US, with an estimated total investment cost of $30-50 million. Accor

about 3 years ago