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Outlook & Strategy

Liquid Wind raises €15.2M to develop green electrofuel for maritime industry

Swedish green electrofuel development company Liquid Wind has raised €15.2 million in Series B financing that will build its capabilities and develop projects for decarbonising the maritime industry. Liquid Wind said that the existing investors Uniper, Alfa Laval, Siemens Energy, Topsoe, Elyse and o

about 4 years ago

Outlook & Strategy

Another cable manufacturer wraps up test for 525 kV HVDC cable

South Korean cable manufacturer LS Cable & System has completed official certification for its 525 kV cross-linked polyethylene (XLPE) high-voltage direct current (HVDC) system. According to the company, the long-term reliability (pre-qualification) test of the HVDC submarine and underground cables

about 4 years ago

OceanEnergy’s OE35 floating wave energy device (Courtesy of OceanEnergy)

Outlook & Strategy

International wave energy project sets course for demonstration offshore Scotland

A pioneering collaboration between 14 international partners has been established to deliver a €19.6 million wave energy project which aims to be the stepping stone for the commercialization of this emerging clean energy industry worldwide.

about 4 years ago

Eco Adriatica GG5G ship (Courtesy of Grimaldi Group)

Outlook & Strategy

Grimaldi clears €70 million loans for renewal of its eco-friendly fleet

Grimaldi Group has secured two loans, totaling €70 million, from the Intesa Sanpaolo bank for the purchase of two vessels belonging to the Grimaldi Green 5th Generation (GG5G) class.

about 4 years ago

Outlook & Strategy

World’s largest e-methanol facility gets €53 million boost

Danish renewables developer European Energy has received €53 million from the Danish Green Investment Fund (DGIF) for its upcoming Power-to-X (PtX) facility in Kassø, which will be the largest e-methanol facility in the world to date. The financing from the fund is part of the total investment in th

about 4 years ago

Illustration/SIMEC Atlantis’ AR1500 tidal energy turbine (Courtesy of SIMEC Atlantis)

Outlook & Strategy

Tidal stream energy could achieve major cost reductions by 2035, report finds

Tidal stream energy could plummet below £80 (€90) per MWh by 2035 if current opportunity is realized, a new report by ORE Catapult predicts.

about 4 years ago

Outlook & Strategy

In focus: Green energy infrastructure blooming despite global economic and political woes

The countries pursuing net-zero goals are grappling with surging prices while also trying to find ways to keep on track with the green energy infrastructure projects.

about 4 years ago

Concept for Equinox Ocean Turbines technology (Courtesy of Equinox Ocean Turbines)

Outlook & Strategy

Dutch newcomer steps on the ocean energy scene

Named Equinox Ocean Turbines, a new ocean energy company has been launched in the Netherlands with a clear goal of exploiting the vast potential of ocean currents by using its tidal energy technology designed for low-speed waters.

about 4 years ago

Outlook & Strategy

Port of Gothenburg and North Sea Port set up green corridor, offer discounts for ships using cleaner fuels

Belgian North Sea Port and Swedish Port of Gothenburg have come together to establish a green corridor, aiming toward using alternative fuels for seagoing vessels by 2025. The green corridor was launched on Gothenburg Port Day on 12 October, when the CEOs of the Gothenburg Port Authority and North S

about 4 years ago

Outlook & Strategy

Development of Brunsbüttel LNG terminal forges ahead as licensing procedure begins

German LNG, a subsidiary of the Dutch gas supplier Gasunie, has taken a new step in the development of the liquefied natural gas (LNG) terminal in Brunsbüttel, Germany. According to Gasunie, CS Gas North S.A. will build the terminal and contracts have been signed with ConocoPhillips, INEOS and RWE S

about 4 years ago

Project kick off meeting with the Port of Barcelona and PowerCon teams (Courtesy of the Port of Barcelona)

Outlook & Strategy

Danish company lands €5M contract for shore power supply works at BEST terminal

The Port of Barcelona has selected Danish company PowerCon to implement a pilot project that will provide electrical power to ships at the BEST terminal.

about 4 years ago

First turbine delivers power at EOWDC (Aberdeen) offshore wind farm

Outlook & Strategy

Offshore wind could grow 56-fold by 2050 and significantly contribute to green hydrogen production, DNV’s new report says

Offshore wind capacity could grow 56-fold until 2050, driven by a growing need for decarbonisation and energy security, and decreasing costs. Regarding the latter, bottom-fixed and floating offshore wind levelised costs of energy (LCoE) are forecast to drop by 39 per cent and 84 per cent, respective

about 4 years ago

Outlook & Strategy

ZeroNorth: The shipping industry cannot take decisions in isolation anymore

The shipping industry cannot take decisions in isolation anymore and must understand the true impact of decision-making, according to ZeroNorth, a Denmark-based digital company that aims to accelerate maritime decarbonisation.

about 4 years ago

MORE-EST Platform data visualization (Courtesy of MOREnergy Lab)

Outlook & Strategy

MOREnergy Lab launches open access tool for offshore renewable energy

Marine Offshore Renewable Energy Lab (MOREnergy) from Politecnico di Torino has launched its new open access web platform, featuring wind and wave energy data for offshore renewable energy projects in Europe.

about 4 years ago