According to a new study from Offshore Renewable Energy (ORE) Catapult, large floating wind projects in the UK could secure Contracts for Difference (CfD) strike prices below current wholesale electricity price forecasts in 2029. Reaching the point of having “subsidy-free” floating wind projects dep
A study published by Hydrogen Import Coalition made up of seven Belgian majors reaffirms the feasibility of hydrogen as the fuel for a carbon-neutral society.
A research team in the SFI MaREI Centre at NUI Galway has made a significant contribution to technology development in the marine energy sector, by delivering three full-scale structural testing programmes to de-risk blade components to allow for commercial and operational trials in Alaska and Scotl
Equinor has selected a new class of startups to work on unlocking opportunities within oil and gas, renewables, and low-carbon solutions.
Oldendorff Carriers has signed a joint development project with Anemoi Marine Technologies, Lloyd’s Register and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for dry bulk carriers. The project is being announced as the shipping industry
CorPower Ocean and OPS Composite Solutions have received close to €500,000 from EEA Grants for a collaborative project looking to boost the performance and slash costs for wave energy technology.
The AR500 tidal energy generation system, designed and built by Simec Atlantis Energy, has been installed in the Naru Strait, off Japan’s Goto Island chain.
ELWAVE, an industrial designer and manufacturer of electromagnetics sensors for the underwater and industrial robotics, has completed its first capital raise. The funds will support the company’s global growth ambition, industrialisation and commercialisation of its first products for underwater rob
Marine Energy Test Area (META), Wales’ national marine test centre, has obtained the marine license for the second phase of the project from Natural Resources Wales (NRW).
The European Investment Bank (EIB) has signed a financing agreement with Iberdrola to support the company’s two-year innovation, research and development strategy for renewables with €100 million. Iberdrola will use the funds for R&D in renewables, the production of green hydrogen and the developmen
Danish company Floating Power Plant (FPP) has secured support from the EU-funded MaRINET2 project to test its hybrid floating wind and wave platform at IHCantabria facilities in Spain.
In collaboration with strong international players, the Norwegian wave energy developer Waveco has advanced the development of the full-scale Subwave wave energy prototype which could be ready for deployment by the end of the year.
Heerema has received Statements of Feasibility from DNV GL for two of its “silent foundations” concepts, on which the company has been working together with the University of Dundee. The concepts include helical or screw piles and so-called push-in piles, which could be installed without loud hammer
Tesla boss and billionaire Elon Musk has revealed his plans to donate $100 million as a prize for the “best carbon capture technology”.
