Wavepiston has launched a crowdfunding campaign on Seedrs in order to raise between €2 and €3 million in order to fund the final phase of development of its patented wave energy technology and to demonstrate the technology at full scale. Wavepiston’s technology is capable of delivering both electricity and desalinated water from the energy in waves. Since 2009, the company has developed and tested its technology, taking it to a mature state. This campaign represents an opportunity to become part of the company’s future journey and invest in the innovations surrounding ‘green’ energy. Shares are available on the Seedrs crowdfunding…
Author: Anela Dokso
Saitec Engineering has been awarded with €2.4 million funding by the European Commission “Blue Economy Window” call. The European Maritime and Fisheries Fund (EMFF) launched in November 2019 a call for proposals named ‘BlueInvest Grants: Investing in Blue Innovation’ with a total investment of €22 million to develop and bring to market new products, services, and business models for small and medium enterprises that could ultimately improve market readiness of technologies and/or maritime services. The funding for SATHScale project will allow to address the challenge of bringing to market SATH floating wind technology through scaling-up the prototype from the technology…
Danish transmission system operator Energinet has selected EOLOS Floating Lidar Solutions to deploy a floating LiDAR buoy in the Hesselø offshore wind farm area. The floating LiDAR buoy will measure twelve months of wind speed and direction at the site located in Kattegatt more than 30 kilometers north of the coast of Zealand (Sealand). Also, oceanographic data will be measured in the same location, either by the same Floating LiDAR system or by another measuring system, Energinet said. A third-party technical note on the expected validity, reliability, and bankability of the measurement data will be delivered together with the measurement…
To accelerate the deployment of sustainable energy, the electrification of societies and unlock new growth opportunities, Vestas has launched a new venture investment programme entitled Vestas Ventures. For four decades, Vestas has been a driving force in innovating technology solutions to create a sustainable energy system. This journey has driven wind energy to become one of the cheapest and most reliable sources of energy and has subsequently made the world’s energy mix more sustainable. As the corporate venture capital arm of the company, Vestas Ventures will invest in early-stage start-ups within sustainable energy. Vestas Ventures will partner as a lead…
LS Cable & System has entered into a 5-year framework agreement with Ørsted to supply high voltage export cables for offshore wind farms. LS C&S has previously supplied cables for the Hornsea One and Two wind farms in the UK and has been contracted to supply the subsea cables for the Greater Changhua 1 & 2a offshore wind farms in Taiwan. “The trend of investing in renewable energy will continue, even under the current COVID_19-situation. We are delighted to continue this cooperation with the leading company in offshore wind energy.”Roe-hyun Myung, president & CEO of LS C&S. “The offshore wind…
Broad Reach Power has acquired the 25-megawatt (MW)/100-megawatt-hour (MWh) front-of-the-meter Cascade Energy Storage project located outside of Stockton, California from a subsidiary of Enel. Cascade had been developed by Enel and was selected by PG&E to provide resource adequacy under a 20-year agreement signed in 2017. “California’s expansive push towards a carbon free grid, largely through wind and solar generation, makes energy storage a critical component of the grid’s infrastructure. Cascade marks the first of several projects that will allow Broad Reach to help California operate the grid safely and reliably as more renewable generating sources come online. We are…
SSE Renewables and Equinor, the joint venture partners co-developing the 3.6GW Dogger Bank wind farm in the North Sea, have signed 15-year offtake Power Purchase Agreements (PPAs) for the first two phases of the world’s largest offshore wind farm. Separate PPAs for a total of 2.4GW across both Dogger Bank wind farm A and B have been concluded with external offtakers Ørsted (40% share) and Shell Energy Europe (20% share), and with sponsor offtakers Danske Commodities (20% share) on behalf of Equinor and SSE Energy Supply (20% share) on behalf of SSE Renewables. The agreements are subject to financial close…
JDR Cables has contracted the multi-purpose offshore vessel Olympic Commander equipped with a 28 meter-long Safeway Seagull type walk-to-work gangway system, has been deployed for the efficient transfer of people and goods during a maintenance campaign at the Sandbank wind farm in the German North Sea. The presence of a smart Safeway A-Frame construction at the boom tip of the Seagull gangway also allows the operator to switch from People Transfer Mode to Cargo Transfer Mode, activating a lift capacity of 1,000 kg. The Sandbank offshore wind farm has been finalized in 2017 and is located 90 kilometers off the…
SSE Renewables has hired Pert-Bruce Construction to carry out the works on the Seagreen wind farm operations and maintenance base to be located at Montrose Port. Located at the Port’s South Quay, the base will include an operations building, repurposed warehouse, communications tower, and a pontoon for crew transfer vessels travelling to the Seagreen wind farm site 27km off the Angus coast. Work on the operations building and repurposed warehouse is scheduled to take around a year and will all be carried out by Pert-Bruce and several local subcontractors. The operations building was previously used by an oil industry supply…
Silixa has launched Carina CarbonSecure, a distributed acoustic sensing (DAS) based solution for continuous or on-demand monitoring of all stages of carbon capture and storage (CCS) operations. The new solution offers offshore and on-land operators the necessary monitoring measures with a reduced cost and environmental impact of their CCS facilities. The solution enables operators to provide the assurance to regulators and communities necessary to expand CCS adoption worldwide. “CCS is a key component of the energy transition and plays an essential role in achieving international emissions targets. Studies from both the IPCC and the IEA recommend a renewed focus on…