-
CorPower Extends Equity Funding for Commercial Scale Demo
After securing a private placement of 9 million Euros, CorPower has extended its equity funding to 20.3 million Euros, for the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech VC, family offices and private investors.
-
Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'
Denmark risks not reaching its goal to cut carbon emissions by 70% by 2030 because it is too reliant on unproven technology, an independent council monitoring the effort said on Friday.The Nordic country in 2020 set one of the most ambitious and legally binding climate targets in…
-
Shell Accelerating Renewables Push in Germany
Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale an electrolysis plant that makes fossil-free hydrogen, as it seeks to move away from crude oil.The energy major told an online conference…
-
Geothermal Energy: A New Life for Old Offshore Oil Wells?
Old offshore oil wells could be turned into geothermal energy producers under a plan by a new consortium. The group, The Aquarius North Sea Geothermal Consortium, is “actively” working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms.
-
Chevron, Microsoft, Schlumberger to Build Carbon Capture Plant in California
Chevron Corp is partnering with Microsoft Corp, oilfield services firm Schlumberger and privately held Clean Energy Systems to build a carbon capture plant in California, as the U.S. oil major expands investments in renewable technology.Fossil fuel companies have faced increased pressure in recent years to reduce emissions…
-
RP Global to develop a 1GW solar PV and wind project pipeline in Poland
Renewable energy developer and investor RP Global is working on a pipeline of projects in Poland to deliver more than 1,000…
-
MHI Invests in C-Zero to Accelerate Production of Clean Hydrogen
$11.5M Series A Funding Round Also Includes Breakthrough Energy Ventures, ENI Next and AP Ventures Mitsubishi Heavy Industries, Ltd.
-
Renewable Energy: Wave Power Projects Takes a Big Step
Eco Wave Power has secured the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020…
Latest news
-
Offshore Oil Firm Eco Atlantic Launches Renewables Division
Eco Atlantic, an oil company with offshore oil and gas acreage in Guyana and Namibia, said Tuesday it had formed a new solar…
-
ArcVera Gets IECRE Approval for Wind Power Performance Testing Services
ArcVera Renewables, a consulting and technical services for wind, solar, and storage projects, has received an approval by…
-
Eco Wave Power Commences Grid Connection Works in Israel
While wave power is still in its infancy relative to offshore wind in the renewable power space, several companies are making…
-
Virtual Conference to Focus on Transatlantic Marine Renewables
Marine industry experts from Portugal and Canada are staging a special Blue Economy conference to spark transatlantic business growth.
-
CorPower Moves Foward with its Plan to Generate Energy from Waves
CorPower Ocean is set to move forward fast on its wave energy project in the Atlantic Ocean after securing a 10-year license…
-
Australia's Iron Ore Giant Fortescue Plans 235GW Green Energy Drive
Australian mining magnate Andrew Forrest outlined ambitious plans on Wednesday to build a renewable energy business, aiming…
-
Norwegian Businesses See Rise in Wind Industry Orders
Onshore wind companies provided the largest revenue stream for the Norwegian renewables industry from sales of equipment…
-
GIEK Doubling Down on Offshore Wind
Tasked to provide the financial power to help Norwegian companies export their wares to the world, Wenche Nistad, CEO of…
-
World's Largest Wealth Fund Cites Paucity of Good Green Energy Deals
While societal, political and corporate pressure continue to push innovation on renewable energy, the world's largest wealth…
-
New Lidar Tech Approved for Use by SGRE for Wind Turbine Testing
Siemens Gamesa recently tested a new technology together with ZX Lidars, and based on the results both on the medium range…
-
Japan Trio Begins Work on an Ammonia-Fueled Tugboat
As the marine industry works to find the ‘fuel of the future’ to address increasingly stringent emission regulations, an…
-
Silva Tapped to Lead Corpower Ocean Portuguese Ops
CorPower Ocean, designer of wave energy systems, appointed Miguel Silva as head of its Portuguese operation.The news comes…
Solar
-
DNV GL Calls for Action to Meet Paris Climate Target
DNV GL’s Energy Transition Outlook indicates global temperatures rise by 2.4⁰C by end of century. Energy experts identify…
-
2/3 of Electricity by Solar PV, Wind by 2050
Share of electricity in the final demand energy mix will more than double from today’s level to 40% in 2050, with two thirds…
-
SE Asia to Expand Floating Solar Set to Grow
Floating solar photovoltaic (PV) panels are making a splash in Southeast Asia. Development of floating solar PV power plants…
Wind
-
Sail Power: Liebherr Delivers World's Largest Slewing Drive Units
As the maritime industry grapples with the technology and technique to meet increasingly strict emission mandates, eConowind…
-
Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders
President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and…
-
Safeway Wins W2W Deal with Heerema to Support Huge Taiwan Offshore Wind Farm
Safeway won a contract from Heerema Marine Contractors (HMC) to supply a Safeway Seagull type motion compensated gangway…
Hydro
-
Philippines Says No to New Coal Projects. Puts Focus on Gas
The Philippines has stopped accepting new proposals for coal-based power projects to encourage investment in other energy…
-
Tech Files: Offshore Power Products
Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk…
-
Robotics: Autobots Transform in the Offshore Energy Sector
Robots and robotics have slowly been entering our lives, in various shapes and forms (and fictional characters), from self…
Biofuels
-
Shell to Slash Jobs and Capacity at Major Singapore Refinery
Royal Dutch Shell will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore as part…
-
Malaysia to Sue EU Over Palm Biofuel Restrictions
Malaysia, the world's second-largest palm oil producer, will take legal action against the European Union's restrictions…
-
Gunvor Returns to Profit in 2019
Energy trader Gunvor Group returned to profit in 2019 after its first net loss a year earlier, helped by record earnings in its U.S.
