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).
Aberdeen-based subsea energy storage and energy generation specialist EC-OG has appointed Bob MacDonald as Chairman. MacDonald was previously chief executive officer of the Specialist Technology Solutions (STS) business for Wood. MacDonald has nearly thirty years experience covering multiple sectors
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.
Oceanteam has extended storage contract for over 100 kilometres of subsea cable with one of Europe’s biggest cable manufacturers. The 6-months extension follows a three years of storage of client’s subsea cables in Oceanteam’s 5300Te carousel at its cable storage facility in Velsen, the Netherlands.
Kongsberg Maritime has signed a Letter of Intent (LOI) with Yantai CIMC Raffles Offshore shipyard for the delivery of a large technology package for the BT-220IU Wind Turbine Installation Unit, a next-generation installation vessel to be built for OIM Wind. Norway-based OIM Wind and China’s CIMC Yan
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.
Tesla boss and billionaire Elon Musk has revealed his plans to donate $100 million as a prize for the “best carbon capture technology”.
Edinburgh-based start-up Mocean Energy has made great progress on the construction of its Blue X wave energy device which is nearing completion ahead of spring deployment in Orkney waters.
German marine energy start-up SINN Power has deployed its Ocean Hybrid Platform (OHP) – designed to produce renewable energy by combining wind, wave and PV – in a demonstration project offshore Greece.
Norwegian oil major Equinor has hired compatriot data solutions company Nordic Unmanned to conduct a study on how remotely piloted aircraft systems (RPAS) could be used in an offshore setting.
The Dutch Marine Energy Centre (DMEC) is looking to grow its team with the addition of a new Business & Innovation Advisor.
Aleron Group has announced a high-level organisation restructure to align with its strategic growth plans to consolidate product and service offerings. The Group consisting of individual entities, Aleron Subsea and ROVQUIP, will now formally become a single entity, know as Aleron Limited. The divisi
Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection in the United States for the ‘bluff body’ accelerator – part of the company’s hydrokinetic technology concept.
