Fincantieri and Saipem have signed a memorandum of understanding to promote the development of deep-seabed mining (DSM). Specifically, this deal sets the ground in the field of designing, engineering, building and managing DSM systems. Deep-sea floors are rich in minerals, mostly sulphides, cobalt c
A floating solar demonstration project to be installed within the Hollandse Kust Noord offshore wind farm site will be constructed in 2025, according to TNO, the Dutch organization for applied scientific research. TNO will work on research and demonstration of offshore solar energy in the new offsho
The National Subsea Research Institute (NSRI) has developed a tool which provides a clear indication of the potential commercial viability of early stage technology in the subsea industry, supporting technology and innovation developers, funding organisations and investors. By measuring the viabilit
The Swedish Energy Agency has recently opened a call for the development of cost-effective and sustainable marine energy systems. The Agency’s support within the framework of this call for proposals is approximately SEK 30 million ($3.45 million). Also, each project within the call for proposals may
Ørsted and its partners have secured funding for the Westküste 100 renewable hydrogen project in Germany. The partners received funding confirmation from the German Federal Ministry of Economic Affairs and Energy as the first large-scale hydrogen project in Germany within the Reallabor (real-world l
Swansea-based Marine Power Systems (MPS) has hit a £1.5 million crowdfunding target in just two weeks since its launch and is now over-funding. The campaign, set up at the London-based equity crowdfunding platform Seedrs, now has a goal of reaching £2 million. Specifically, these funds should suppor
Swansea-based company is developing a flexible ocean energy extraction technology that can harness wave energy, wind energy and combined wind and wave energy at grid scale. All the machines share a common floating platform technology said to have cost and deployment advantages over other floating pl
Norway’s GCE Ocean Technology has welcomed Oslo-based Ocean Oasis as its new member. Ocean Oasis develops a wave-powered desalination solution to deliver fresh water to shore with zero emissions The company gets support from the early-stage accelerator and venture capitalist Antler in Oslo and EU Cl
The 759 MW Hollandse Kust (noord) offshore wind farm will include five technology demonstrations that could be implemented at full-scale in the future, CrossWind, the consortium developing the wind farm, said. These include a floating solar park, short-term battery storage, wind turbines that are op
Industry body Scottish Renewables has released a new report analysing contribution of renewable energy to the economy of rural Scotland. The report reviews five economic studies carried out over the past three years. It shows the “remarkable an undeniable” positive effects of the sustainable develop
The Supergen Offshore Renewable Energy (ORE) Hub has awarded almost £1.2 million to UK universities to support research projects investigating all aspects of offshore renewable energy. The Hub’s Flexible Funding has been established to enable UK researchers to respond to a number of key research cha
French National Institute for Ocean Science Ifremer has acquired a stake in compatriot company Forssea Robotics. Through this partnership, Forssea wants to accelerate its diversification in the sectors of renewable marine energies and scientific exploration. Ifremer is thus once again showing its am
The offshore wind farms that won the Contracts for Difference (CfDs) in the latest UK CfD round will most likely be the first to operate with “negative subsidies”, even before the zero-subsidy projects awarded in auctions in the Netherlands and Germany. According to an analysis by an international t
The Dutch Marine Energy Centre (DMEC) has joined forces with the European Space Agency (ESA) to accelerate marine energy solutions. The partnership will explore the added value of space tech and data in the development of marine energy. It can play a key role in the acceleration of marine energy sol
