The Australian, Tasmanian and Victorian governments have reached a funding agreement to build the 1,500 MW bi-directional Marinus Link interconnector between Victoria and Tasmania. The Australian government funding is part of the $20 billion Rewiring the Nation plan to transform the country’s electr
The US Department of Energy (DOE) has announced $35 million in funding to advance river current and tidal energy systems, the largest ever made for these renewable energy technologies in the United States so far.
Nauticus Robotics is set to ring the NASDAQ closing bell this week, celebrating the recent closing of its business combination with CleanTech Acquisition Corp. (CLAQ). The ceremony will be held on Thursday, 20 October, and will mark the associated listing of Nauticus’ common stock and warrants on NA
German natural gas and oil company Wintershall Dea and compatriot liquid bulk terminal HES Wilhelmshaven Tank Terminal have signed a memorandum of understanding (MoU) to jointly develop a CO2 hub at Germany’s single deepest draft port. The companies plan to develop a hub named CO2nnectNow at HES Wil
While the European Parliament gears up to vote on the FuelEU Maritime on Wednesday as the ‘Fit for 55’ package of legislative proposals enters its final stage, EU policymakers are being called to raise climate ambitions in the proposals. Signatories of the Getting to Zero Coalition said that in this
The Finnish technology group Wärtsilä has been contracted to supply a biogas upgrading and liquefaction solution for a new biogas plant in Sweden that will be used to reduce carbon emissions from transport, and to speed the transition to cleaner energy. Wärtsilä revealed that the order was placed by
The European Union (EU) should approve additional ship recycling facilities outside Europe to meet the demands of the global shipping industry, a report commissioned by BIMCO shows.
The Swedish ambassador for the ocean has visited Minesto’s tidal energy site in the Faroe Islands to highlight the importance of green energy generated from the sea.
The EuroAsia Interconnector has entered the construction stage with the launch ceremony held in Nicosia, Cyprus, on 14 October. The EuroAsia interconnector is a Project of Common Interest (PCI) under the 5th Union List comprising a 1,200-kilometer subsea cable from Israel to Crete via Cyprus. As a s
Chicago-based hydrogen and nitrogen products manufacturer CF Industries has made appointments related to its clean energy initiatives. Erik Mayer has been appointed vice president of clean ammonia growth. In this newly created role, Mayer will lead a team focused on the evaluation and development of
Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel.
iXblue and ECA Group will be operating under a new joint brand called Exail, the companies announced following the recent acquisition of iXblue by Group Gorgé. According to iXblue, the companies will benefit from a global workforce of 1,500 persons and are expected to achieve an annual turnover of €
Storegga, a developer of carbon reduction and removal technologies, has signed a memorandum of understanding (MoU) with materials management and logistics company ASCO to collaborate on the Acorn Project. Under the MoU, the parties will explore opportunities to collaborate, with particular focus on
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
