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Market Outlooks

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The CETO tank display at ISC High Performance conference in Hamburg (Courtesy of Carnegie Clean Energy)
Market Outlooks

Carnegie, Hewlett Packard Enterprise boost CETO wave device performance

The collaboration between Carnegie Clean Energy and Hewlett Packard Enterprise (HPE) has delivered significant improvements to the performance of CETO wave energy device.

about 4 years ago
Redeployment of Sabella's D10 tidal turbine in 2018 (Courtesy of Sabella)
Market Outlooks

Sabella’s 1MW tidal turbine starts exporting power in France

French company Sabella has started exporting power to the Ushant Island’s grid, following the redeployment of its D10 tidal turbine in the Fromveur Passage.

about 4 years ago
L to R: Liesbeth van Tongeren; Britta Schaffmeister; and Andries van Unen at Marine Energy Hub launch (Courtesy of DMEC)
Market Outlooks

Marine Energy Hub opens in the Netherlands

Dutch Marine Energy Center (DMEC) has launched the Marine Energy Hub – a base for the Dutch marine energy industry that brings together all of the stakeholders under the joint aim of accelerating the development of the marine energy sector.

about 4 years ago
Hoegh LNG
Market Outlooks

German Chancellor: “LNG remains the central bridge to climate-neutral future”

Liquefied natural gas (LNG) remains the central bridge to Germany’s climate-neutral future if the country may have to resort to coal in the short term, Olaf Scholz, Chancellor of Germany, pointed out during his speech at the BDEW Congress in Berlin on 1 June 2022.

about 4 years ago
Eco Wave Power’s wave energy floaters (Courtesy of Eco Wave Power)
Market Outlooks

Eco Wave Power unveils plans for wave energy project in Greece

Swedish-Israeli company Eco Wave Power has presented its plans to develop a 1MW wave energy project on the island of Halki in Greece.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Market Outlooks

Wello sets sights on Taiwan’s waves

Finnish company Wello has signed a memorandum of understanding with National Taiwan Ocean University’s Centre for Ocean Energy Systems (NTOU) for the exploration and deployment of its wave energy devices offshore Taiwan.

about 4 years ago
ZeroNorth
Market Outlooks

ZeroNorth raises over $50M to accelerate decarbonisation in shipping

ZeroNorth has raised over $50 million in investment that will enable the company to look to further accelerate decarbonisation in shipping.

about 4 years ago
Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean)
Market Outlooks

CorPower Ocean: Historic EU declarations pave way for rise of wave energy

In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.

about 4 years ago
Scaled tidal turbine being tested at SSPA (Courtesy of NEMMO)
Market Outlooks

NEMMO projects marks tidal power milestones as it enters final stage

The NEMMO research project is entering its final stage with progress made on the development of novel test rigs and composite materials for tidal turbine blades.

about 4 years ago
DFDS
Market Outlooks

DFDS: full steam ahead towards green transition

Danish ferry and logistics company DFDS aims to accelerate the company’s green transition from incremental steps to full climate neutrality.

about 4 years ago
Jay Sheppard, project manager for Marine Energy Wales (Courtesy of Marine Energy Wales)
Market Outlooks

Op-ed: Tidal wave tapping into FLOW of capital

The All Energy Conference provided an opportunity to see where marine energy sits within the wider context of the energy sector as a whole, and there was plenty of food for thought in terms of what is needed to help the likes of wave and tidal go mainstream, writes Jay Sheppard, project manager for

about 4 years ago
Energy transition ramp-up did not derail oil & gas exploration in 2021, Westwood says
Market Outlooks

Energy transition acceleration did not derail oil & gas exploration in 2021, Westwood says

Westwood Global Energy reveals that oil & gas exploration remained resilient in 2021 undeterred by the accelerating energy transition.

about 4 years ago
IRENA assembly at 23rd council meeting (Courtesy of IRENA)
Market Outlooks

IRENA: Francesco La Camera up for re-election as call for inclusive energy transition reverberates

High-level delegates from 100 countries have discussed International Renewable Energy Agency’s (IRENA’s) medium-term strategy and director-general’s re-election at 23rd council meeting.

about 4 years ago
Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Market Outlooks

Orbital Marine Power launches €4.7 million crowdfunding campaign

Scottish tidal energy company Orbital Marine Power has launched a £4 million (€4.7 million) crowdfunding campaign on Abundance Investment platform to take its business to the next stage.

about 4 years ago
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