Outlook & Strategy
US DOE picks first round winners for novel wave energy technologies prize
The U.S. Department of Energy (DOE) has unveiled the winners of the first round of the Innovating Distributed Embedded Energy Prize (InDEEP), that will share $285,000 in cash prizes to further advance their novel wave energy concepts.
THB Verhoef becomes distributor of Auramarine fuel efficiency solution
Finland-based fuel supply systems provider Auramarine has entered into a representative agreement with the Dutch company THB Verhoef, a Dutch company specializing in the purchase and sale of diesel and gas engine components.
Updated converter station plan for UK-France interconnector gets OK
The FAB interconnector that will link Great Britain and France has received updated planning permission for its converter station in the UK. The FAB Project will link the national electricity grids of Great Britain and France with the aim of increasing energy security, equalising electricity prices
Welsh renewables organizations strengthen ties
Marine Energy Wales and Renewable UK Cymru have signed a memorandum of understanding, outlining their commitment to work together to accelerate the clean transition in Wales.
50Hertz award brings NKT’s high-voltage order backlog to record €11 billion
Denmark-headquartered cable supplier NKT has reported a new record high-voltage order backlog of €11 billion for the third quarter of 2023, driven by the award of five firm projects under a larger framework agreement with German transmission system operator 50Hertz. In Q3 2023, NKT’s revenues increa
Denmark wants to be the ‘leading green country’ in maritime area
The Danish government has presented its 2030 plan for the Danish economy outlining the ambition to maintain and expand its position as a “leading green country” in the maritime area.
ZDS: German seaports are well-positioned to be carbon management hubs
German seaports believe they are well-positioned to be used as hubs for carbon management as part of the energy transition and a CO2 circular economy. However, they demand ‘a clear commitment’ from the federal government.
MAN to power Wallenius Wilhelmsen’s methanol dual-fuel car carriers
Norwegian shipping and logistic company Wallenius Wilhelmsen has ordered four methanol dual-fuel marine engines from German engine manufacturer MAN Energy Solutions. The engines are intended for the recently confirmed four 9,300 car equivalent unit (CEU) car carriers that will be built in China at t
Norwegian companies join forces for floating solar and EV charging
Sunlit Sea, in collaboration with Endra and Ev Powercharge, has been granted support to test a floating solar installation that will feature fast electric vehicle charging in Norway.
Cargill joins global trade association for methanol industry
Swiss freight-trading organization Cargill Ocean Transportation has become the newest member of the Methanol Institute, a global trade association for the methanol industry. Founded in 1956 in Geneva, Cargill Ocean Transportation charters around 650 vessels worldwide. According to Rakhi Rastogi, Shi
ITT set to acquire Danish pump specialist Svanehøj
Danish marine pump specialist Svanehøj Group revealed that it is being acquired by ITT Inc., a U.S.-based multi-industrial company, which is expanding its presence in the growing market for liquefied gas. Svanehøj specializes in the supply of marine fuel and cargo pumps, along with LNG/LPG tank gaug
Andritz orders 18 electrolyzers from HydrogenPro
Technology company and an OEM for high-pressure alkaline electrolyzers HydrogenPro and technology group Andritz have signed a purchase contract for the delivery of 18 units of HydrogenPro’s 5.5 MW cell stacks with a total capacity of 100 MW. The firm purchase order follows a stock exchange notice da
Eni and Snam unveil Italy’s first carbon capture and storage project
Italy’s oil and gas giant Eni and energy infrastructure operator Snam have launched the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on December 19, 2022, to jointly develop and manage Phase 1 of the Ravenna CCS Pro
Air Products to build carbon capture facility at existing hydrogen plant in Rotterdam
Industrial gas supplier Air Products has revealed plans to build, own, and operate a carbon capture and CO2 treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The company aims to bring the facility on stream in 2025, with the resulting blue hydrogen product t