The representatives of a number of European energy industry associations and universities have issued a joint letter, urging for the adoption of a European-wide 45% or higher renewable energy target by 2030 to counteract rising energy prices.
A survey commissioned by RenewableUK has shown an overwhelming public support for building new renewable energy projects across the UK to tackle the cost of energy crisis.
The partners in the EU-funded €3.4 million LiftWEC project have selected the final concept for a wave energy device, based on hydrodynamic lift forces, that will be put through its paces at the wave tank in Ecole Centrale de Nantes.
Marine Energy Wales has released its annual ‘State of the Sector Report’ which dives into the opportunities and economic benefits of the developing marine energy sector in Wales.
French pioneer of membrane-based tidal energy converters EEL Energy has closed an equity round, securing existing shareholders’ support and brining new international investors to the company.
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization.
Aker Solutions, Schlumberger and Subsea 7 have entered into agreements to form a joint venture, with the goal of delivering a step change in subsea production economics. The proposed joint venture will comprise the subsea businesses of Schlumberger and Aker Solutions, with Subsea 7 purchasing 10% of
Fluxys, ArcelorMittal Belgium and North Sea Port have started a feasibility study for the Ghent Carbon Hub project, an open-access CO2 storage and liquefaction hub.
The quest for zero-emission fuels is dominating the decarbonization narrative in the maritime industry today. Ammonia and hydrogen are at the top of the candidate list for the future fuel mix. However, there are numerous challenges in establishing a scalable production of green hydrogen and green am
Port of Milford Haven has broken ground on key phase of Pembroke Port’s modernization project, whose aim is to adapt the port infrastructure to the needs of the growing marine renewable energy industry in the region.
Bombora Wave Power has completed tank testing of its floating foundation system suitable for the InSPIRE solution, which combines the mWave wave energy technology with a wind turbine onto a single floating offshore platform.
A financial consortium has opened preliminary talks with Turkish officials for the establishment of foreign direct investment (FDI) in hydrogen fuel cell technology and projects supporting the implementation of hydrogen fuel cells, powering commercial shipping and other strategic uses.
The International Energy Agency’s Technology Collaboration Program on Ocean Energy Systems (IEA-OES) has published six interviews on successful projects around the world that take advantage of the temperature of the ocean for heating, cooling and power production.
Subsea 7 has reported a revenue of $2.4 billion for the first half of 2022, an increase of $247 million or 11% compared to the first six months of 2021, driven by the Subsea and Conventional business unit and partly offset by lower revenue in the Renewables unit. Revenue of the Subsea and Convention
