Swedish tidal energy developer Minesto has taken part in a high-level delegation visit to South Korea, a country that the company finds highly attractive due to its “extensive tidal and ocean current resources”. Minesto CEO Martin Edlund was part of a Swedish high-level delegation to South Korea aim
A coalition of businesses has formed the UK Ammonia Alliance (UKAA) to drive adoption of low-carbon ammonia across industry, energy, agriculture, and transport to support the UK’s energy security, decarbonization, and economic growth.
French floating solar company HelioRec is looking to strengthen its global footprint by partnering with distributors and commercial representatives for its floating solar systems. According to the company, its patented technology is designed for lakes and nearshore areas, providing a “reliable and c
French floating solar developer Ciel & Terre has rolled out its new floating solar technology, Fusio, designed to boost performance, scalability, and operational efficiency in large-scale floating photovoltaic (FPV) projects. Building on 15 years of experience since introducing its Hydrelio system,
Norway’s Reach Subsea has secured a trading permit to operate its Reach Remote 1 uncrewed surface vessel (USV) entirely through remote operations without a support vessel, marking an important step towards full certification. The permit, issued by the Norwegian Maritime Authorities with technical va
The University of Western Australia (UWA) Coastal and Offshore Research Laboratory (CORL) has launched the Ocean Innovation Challenge, offering startups and small to medium enterprises (SMEs) a chance to access a full week of free testing at its ocean research facilities. According to UWA CORL, the
Oslo-headquartered Fred. Olsen 1848 has unveiled its Tension Buoy concept, designed to maintain stable mooring tension for floating solar installations in reservoirs and hydropower dams with large water-level variations. The solution addresses one of the main technical barriers to pairing floating
Voltai, a Canadian cleantech company focused on ocean and renewable energy solutions, has closed an oversubscribed $1.83 million pre-seed financing round. Invest Nova Scotia led the round, with additional participation from an angel investor group headed by Mahir Sahin, former advisor to Alphabet’s
Great Britain’s transmission owners National Grid Electricity Transmission and SP Energy Networks have selected Italian cabling giant Prysmian as the preferred bidder for the high-voltage direct current (HVDC) cable system for the fourth out of five subsea electricity superhighways between Scotland
Jan De Nul has ordered a new subsea rock installation vessel (SRIV) in response to the growing global demand for the protection of underwater infrastructure. The vessel will primarily focus on projects in the energy sector, with the North Sea and Southeast Asia regions being the core of its operatio
Aberdeen-headquartered Maritime Developments Limited (MDL) has secured a subsea installation project in the Asia Pacific (APAC) region, an award that came shortly after the opening of an office in Singapore. The award covers the laying of two cables and two umbilicals in water depths of between 800
Industry stakeholders will gather in Aberdeen next month to explore the UK’s multi-billion-pound wave and tidal energy potential. The Marine Energy 2025 event, organized by Global Underwater Hub (GUH) in partnership with the UK Marine Energy Council (MEC), will take place at GUH’s office in Westhill
Indonesian state-owned company PT Pertamina International Shipping (PIS) has unveiled its latest strategy to seize opportunities in international carbon shipping, signaling its readiness to support the development of the carbon capture and storage/carbon capture utilization and storage (CCS/CCUS) se
Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a partnership between The CSL Group and Offshore Wind Logistics (OWL), has commenced construction of its first subsea rock installation (SRI) vessel. The company announced in November 2024 that it had placed an order for the constructio
