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Outlook & Strategy

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CorPower's test rig in Stockholm (Courtesy of CorPower Ocean)
Outlook & Strategy

CorPower embarks on final phase of dry-testing campaign for C4 wave device

CorPower Ocean’s first commercial scale wave energy converter – C4 – is set to undergo intensive testing to prove its performance and survivability ahead of ocean deployment.

about 4 years ago
L to R: Euan Reilly and George Roberts (Courtesy of Quoceant)
Outlook & Strategy

Quoceant bolsters engineering team

Edinburgh-based engineering consultancy Quoceant has boosted its mechanical engineering team with two new hires.

about 4 years ago
XOCEAN
Outlook & Strategy

XOCEAN to launch commercial USV production that could create 1000+ jobs

Irish firm XOCEAN is advancing to become the first company to commercialise uncrewed surface vessels (USV) for ocean data gathering with a €1.7 million grant secured from the European Maritime and Fisheries Fund (EMFF).

about 4 years ago
Halo battery system for C-Power's SeaRAY (Courtesy of Verlume)
Outlook & Strategy

Verlume bags €3M to accelerate energy transition growth plans

Verlume, a UK-based intelligent energy management and storage technologies specialist, has received a €3 million investment from a consortium led by Par Equity.

about 4 years ago
WoodMac: Green hydrogen is key to net-zero future
Outlook & Strategy

WoodMac: Green hydrogen is key to net-zero future

Energy intelligence group Wood Mackenzie sees green hydrogen as a key driver for net-zero economies and decarbonising global energy systems.

about 4 years ago
Harbour Energy CEO heading towards the exit
Outlook & Strategy

Harbour Energy’s CEO Europe heading out

Harbour Energy has revealed that its current CEO Europe has tendered his resignation, which becomes effective at the end of the month.

about 4 years ago
The grid connection route works in the Port of Jaffa (Courtesy of Eco Wave Power)
Outlook & Strategy

Cabling works complete for Israeli wave energy project

Eco Wave Power has completed the cabling works required to connect the wave energy project, being developed in collaboration with EDF, to Israeli power grid.

about 4 years ago
Wavepiston’s wave-powered desalination system with Vryhof anchors (Courtesy of Wavepiston)
Outlook & Strategy

Wavepiston kicks off installation ops for wave-powered desalination system

Danish wave energy company Wavepiston has started with the installation operations for its wave-powered desalination system in Canary Islands.

about 4 years ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd reports $12.8 billion operating profit amid strong demand

German container shipping company Hapag-Lloyd reported an “extraordinary” strong operating result in 2021, driven by high freight rates.

about 4 years ago
d'Amico
Outlook & Strategy

d’Amico-led biofuel trial confirms positive reduction in CO2 emissions

The joint industry project launched in June 2021 to test biofuel blend (B30) derived from renewable feedstock to power a d’Amico Group LR1 product tanker, showed positive findings in terms of the reduction of CO2 emissions, reduced carbon intensity, and stable NOx emissions.

about 4 years ago
The signing of memorandum of understanding between SBS and Indonesia Power (Courtesy of SBS)
Outlook & Strategy

SBS inks deal for tidal energy projects in Indonesian straits

UK-based tidal energy developer SBS has signed a two-year memorandum of understanding (Mou) with state-owned enterprise Indonesia Power for the development of tidal energy projects in Larantuka and Boleng straits.

about 4 years ago
Photo showing HelioRec's floating solar unit (Courtesy of HelioRec)
Outlook & Strategy

Yield identified as key cost reduction driver for HelioRec floating solar tech

Under the auspices of the Marine Energy Alliance (MEA) project, a French start-up HelioRec worked together with Irish techno-financial analysis provider Exceedence on the assessment of levelized cost of energy (LCOE) and key cost drivers for the company’s floating solar technology.

about 4 years ago
UK: £5 bln grid investments proposed, including England-Scotland subsea links
Outlook & Strategy

UK: £5 bln grid investments proposed, including England-Scotland subsea links

National Grid Electricity System Operator, the UK’s electricity system operator, has published Networks Options Assessment (NOA) for 2022 recommending more than £5 billion (around $6.7 billion) worth of grid infrastructure investments in the North of Scotland.

about 4 years ago
cma cgm
Outlook & Strategy

CMA CGM takes majority stake in Colis Privé

French shipping and logistics major CMA CGM Group has entered into a preliminary agreement to acquire a 51% stake in the Colis Privé Group, a compatriot specialist in home and relay parcel delivery.

about 4 years ago
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