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Renewables

Offshore wind market to reach $50 bln by 2023

Wind Energy
The global offshore wind energy market is expected to develop over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023

Moray East set to clear the way

Wind Energy
Scottish outfit Utility ROV Services is to provide boulder relocation for EDPR's 950MW Moray East offshore wind farm off the coast of Scotland.

TenneT inks Hollandse Kust Zuid 1&2 links

Wind Energy
Dutch transmission system operator TenneT and Vattenfall have signed agreements for the offshore grid connection for the 700MW Hollandse Kust Zuid 1&2 project

SurfWEC to Tap Ocean Wave Power

Tidal Energy
New Jersey based marine engineering firm Martin & Ottaway together with industry partners, has formed a new company, SurfWEC LLC

ExxonMobil and IBM to Advance Energy Sector Application of Quantum Computing

General
ExxonMobil said today that it has signed a partnership agreement with IBM to advance the potential use of quantum computing in developing

MHI Vestas expands Ostend horizons

Wind Energy
MHI Vestas has opened a new office in the Port of Ostend to expand its offshore wind operations at the Belgian port.

Washington splashes marine R&D cash

Tidal Energy
The US Department of Energy has selected 12 organisations to receive a combined $25m funding to support wave and tidal energy research and development.

Abundance closes largest investment to date for Orbital Marine Power

Tidal Energy
The UK’s leading peer-to-peer ethical investment company Abundance has closed its largest fund raise to date, raising £7 million

Hornsea 2 applies for UXO clearance

Wind Energy
Orsted has applied to marine authorities to commence a UXO clearance campaign at its 1400MW Hornsea 2 development off east England.

Waves4Power eyes cable route to success

Wind Energy
Swedish wave developer Waves4Power is to diversify into cable solutions as it prepares to redeploy its around 100kW prototype

Scots wave duo set for Orkney party

Tidal Energy
Wave Energy Scotland has picked AWS Ocean Energy and Mocean Energy to deploy half-scale wave energy machines at the European Marine Energy Centre

U.S. Funds New Ocean Power Research

General
The U.S. Department of Energy (DOE) has allocated $25 million to research projects for next-generation marine energy devices. 
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