Italian oil and gas company Eni's renewable energy unit Plentitude said Friday it would invest in EnerOcean S.L., the Spanish developer of the W2Power technology for floating wind power. The deal is structured as a long-term partnership focused on the deployment of the W2Power technology as a lead contender for floating wind power developments worldwide, Eni said.'With two wind turbines mounted on the frame of the same floater…
Green hydrogen technology start-up sHYp has moved into offices and laboratory space at The James Hutton Institute in Aberdeen with plans to expand to five staff on site by summer.The move gives sHYp access to the institute’s specialist analytical equipment and expertise…
Renewable energy technology company Marine Power Systems has partnered up with floating wind farm developer Simply Blue Group to develop a project proposal for the Innovation and Targeted Oil and Gas (INTOG) leasing round run by Crown Estate Scotland…
Marine Power Systems from the UK is working with WavEC from Portugal to set up its modular floating offshore wind platform in the north of Portugal. 'Floating offshore wind is increasingly featuring in government decarbonization targets around the world and Portugal is no exception…
The U.S. Department of Energy (DOE) recently announced $12 million for 12 hydropower and marine energy projects as part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program.These small business-led projects…
Subsea equipment maker Soil Machine Dynamics Ltd (SMD) and offshore services provider Rovco have signed a Letter of Intent for next-generation EV Work Class ROV (WROV) technology.Under the deal, announced Wednesday, SMD will provide Rovco with a new Atom EV high-performance electric WROV…
UK-based wave energy technology company Mocean Energy has said it has secured a major new investment to accelerate the commercial roll-out of its Blue Star wave machine. The new funds will drive the technology's adoption in subsea oil and gas…
The U.S. Department of Energy (DOE) announced $25 million in funding to support increased research, development, and demonstration of technologies that harness wave power to create electricity. Wave energy converters, which capture and convert waves into carbon-free electricity…
Japanese companies JERA, MODEC, Toyo Construction, and Furukawa Electric have received a notice of acceptance of their joint grant application, under the Green Innovation Fund program of NEDO, to conduct a project to develop cost-reducing technology…
The U.S. Department of Energy (DOE) is establishing a new office it says will help deliver on President Joe Biden’s climate agenda, create jobs and reduce pollution while benefitting disadvantaged communities.President Biden’s $1 trillion bipartisan…
Ocean Power Technologies has appointed Robert P. (Bob) Powers as Senior Vice President and Chief Financial Officer, effective December 13, 2021.Powers brings more than 25 years of experience in finance and strategy to OPT, most recently as CFO of Constellation Advisors…
Wave energy solutions provider Ocean Power Technologies has acquired Marine Advanced Robotics, Inc. ('MAR'), a California-based developer and manufacturer of autonomous surface vehicles (ASVs). 'This acquisition immediately provides OPT with an established…
Swedish developer of twin offshore wind turbine technology Hexicon has partnered with Australia-based engineering giant Worley for FEED, Engineering Procurement Fabrication (EPF), and installation management of Hexicon's technology demonstrator project TwinWay…
Dublin, Ireland based floating wind platform company Gazelle Wind Power announced its entry into the U.S. offshore wind energy marketplace with the opening of its first U.S. office in Austin, Texas.“The addition of this U.S. office is a significant…
Wave energy firm Mocean Energy said Tuesday it has opened a new dedicated office in Aberdeen to meet rising oil and gas industry interest in the decarbonization of North Sea assets.The Edinburgh-based firm is working to develop a wave energy…
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