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Outlook & Strategy

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Image showing DualSub wave and wind renewable energy farm (Courtesy of MPS)
Outlook & Strategy

Marine Power Systems hits 170% over its original crowdfunding target

Welsh renewable energy developer Marine Power Systems (MPS) has received massive investment support in its ongoing crowdfunding campaign on Crowdcube which closes in five days.

about 5 years ago
Illustration/The Inertial Sea Wave Energy Converter (ISWEC), developed by Italian energy giant Eni in collaboration with Politecnico di Torino (Courtesy of Ocean Energy Europe)
Outlook & Strategy

Italy’s ENEA kicks off first national survey on marine energy

Italian national agency for energy and new technologies ENEA has launched the first national survey on new technologies that exploit energy from tidal currents and sea waves.

about 5 years ago
MAN Energy and ANDRITZ join in green hydrogen production
Outlook & Strategy

MAN Energy and ANDRITZ join in on green hydrogen production

German engine manufacturer MAN Energy Solutions and Austrian technology group ANDRITZ Hydro have agreed to cooperate on the production of green hydrogen from hydropower.

about 5 years ago
SMD making changes in senior leadership team
Outlook & Strategy

SMD making changes in senior leadership team

Soil Machine Dynamics (SMD) is preparing to make several changes to its senior leadership team as a part of its long-term development plan.

about 5 years ago
Illustration/Welsh-based Marine Power Systems (MPS) is developing wave, floating wind, and hybrid solutions combining both renewable energy technologies (Courtesy of MPS)
Outlook & Strategy

Officials urge for timely creation of ‘ten point plan’ for Welsh renewable energy

The UK Parliament’s Welsh Affairs Committee has called for the development of a specific renewable energy strategy for Wales before the end of this year as failing to do so would put at risk the emerging economic opportunities offered by the shift to net-zero.

about 5 years ago
GTT names new chief financial officer
Outlook & Strategy

GTT names new chief financial officer

French LNG containment specialist GTT has appointed Virginie Aubagnac as the new chief financial officer.

about 5 years ago
Photo showing Penguin wave energy device at BiMEP site (Coutrtesy of Wello)
Outlook & Strategy

Wello deploys Penguin wave energy device off Spain

Finnish wave energy company Wello has deployed its Penguin wave energy device off the coast of Bilbao in the Basque Country.

about 5 years ago
Photo showing Orbital's O2 tidal turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

Orbital’s first commercial tidal turbine starts exporting clean power to UK grid

Orbital Marine Power’s O2, deemed the world’s most powerful tidal turbine, has started grid-connected power generation offshore Orkney in Scotland. The turbine is also set to provide power for green hydrogen generation to facilitate decarbonisation of wider energy requirements.

about 5 years ago
Illustration (Photo supplied by Nexans)
Outlook & Strategy

Nexans to supply ‘vital connection’ for Equinor’s floating solar plant

French offshore cabling specialist Nexans has been awarded a contract by Equinor to supply power export cable for its floating solar pilot offshore Frøya in Norway.

about 5 years ago
Illustration (Courtesy of The European Commission)
Outlook & Strategy

EU launches call to establish offshore renewable energies working group

The European Commission has opened a call for expressions of interest for a new working group on offshore renewable energies that would contribute to reaching EU’s ambition of at least 300GW of offshore wind and 40GW of ocean energies by 2050.

about 5 years ago
Ashtead Technology appoints CTO to boost growth
Outlook & Strategy

Ashtead Technology appoints CTO to boost growth

Subsea services company Ashtead Technology has appointed Graham Clark to the newly created position of Chief Technology Officer (CTO) to bolster its growth.

about 5 years ago
Photo showing Dan McGrail (Courtesy of RenewableUK)
Outlook & Strategy

RenewableUK calls on the government to scale up clean power ambitions

RenewableUK’s new chief executive Dan McGrail has urged the UK Ministers to demonstrate greater ambition in the next round of auctions for contracts to generate clean electricity.

about 5 years ago
Illustration/Offshore renewable energy farm with offshore wind co-located with wave power plants (Courtesy of CorPower Ocean)
Outlook & Strategy

G20: IRENA lists cues for action to boost energy transition with offshore renewables

Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) has found. The report has also outlined specific courses of action to make this happen.

about 5 years ago
Photo showing the Mutriku wave power plant (Courtesy of Arantxa Tapia)
Outlook & Strategy

Spanish Mutriku plant sets record for continuous wave power production

The Mutriku wave power plant, located in the Basque Country in northern Spain, has reached a ten-year milestone of uninterrupted clean power generation, becoming the longest operating commercial plant of its kind in the world.

about 5 years ago
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