Global investors are increasingly moving away from the renewable energy sector funds this year due to concerns over the sector's growth prospects and uncertainty over policies in a U.S. election year, fund data show.Renewable energy sector funds witnessed steady inflows in the past few years…
Cellula Robotics is at the forefront of large, capable autonomous underwater vehicles fueled by hydrogen and designed to vastly expand the range, endurance and capabilities for defense, science and commerce. CEO Neil Manning discusses the advances with MTR TV.
Offshore wind developers Flotation Energy and Vårgrønn, a joint venture between Eni’s Plenitude and HitecVision, have announced that their 560 MW floating offshore wind project Green Volt has been granted full onshore planning approval.The Green Volt floating wind farm…
The EU will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, in the bloc's latest move to shield domestic firms from cheap clean tech products.The European Commission will look into conditions for the development of wind parks in Spain…
Scientists at Sandia National Laboratories are using computer simulations and laboratory experiments to see if depleted oil and natural gas reservoirs can be used for storing this carbon-free fuel.Hydrogen is an important clean fuel: It can be made by splitting water using solar or wind power…
The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Reuters.Abu Dhabi National Oil Company (ADNOC)…
The U.S. Interior Department on Tuesday approved the country's eighth commercial-scale offshore wind project, which will be built off the coast of Massachusetts, bringing online electricity to power more than 900,000 homes.The approval for Avangrid’s New England Wind Project brings the U…
TotalEnergies has informed that the restart of production from the Tyra facilities is progressing according to plan, with the first gas expected to be exported to the Danish market from the new Tyra II system on March 28, 2024.TotalEnergies…
Scottish Ministers have approved a variation application to refine the Pentland Floating Offshore Wind Farm’s offshore consents, which will go forward with lower number of turbines, but with the same 100 MW capacity.The Pentland Floating Offshore Wind Farm is being developed by Highland Wind…
Several offshore wind developers are on track to bid in the combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola, Engie, and Orsted.The U.S. offshore wind industry is booming so far in 2024…
Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year…
Norwegian crane specialist Motus Technology has secured a contract from Seatrium to deliver engineering, design, and construction of the platform main crane for Empire Wind 1 Offshore Substation (OSS).The main platform crane from Motus will be delivered to Seatrium’s Singapore yard…
McDermott has appointed Maurizio Coratella to be Executive Vice President and Chief Operating Officer effective May 1, 2024.In his new role, Coratella will apply his more than three decades of industry leadership and engineering and construction…
Italian classification and marine engineering consultancy RINA has issued an approval in principle (AiP) to Kindon New Energy Technology for its green methanol offshore production platform solution.Produced entirely offshore, the methanol is…
Chevron has chartered its first hybrid electric bunker tanker from V-Bunkers that will be used to provide fuel to maritime customers in Singapore region.The bunker tanker is expected to consume approximately 20% less fuel compared to a conventional tanker as it goes about its operations…
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