DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. Recognising the unique potential for growth in the offshore wind industry in the Mediterranean Sea and the evolving market, both companies aim to play a significant role in the region.
Orbital Marine Power, the renewable energy company focused on the development and global deployment of its pioneering floating tidal stream turbine technology, has been named as Euclaire Tidal’s technology partner at the Fundy Ocean Research Centre for Energy (FORCE).
SEASTAR – Sustainable European Advanced Subsea Tidal Array – marks a significant advancement in tidal energy; it will showcase industrial scale manufacturing, operation, and maintenance techniques for the first time. The project will do this throughout the entire lifecycle of the tidal farm; from design, production, shipping, deployment, and operation to decommissioning.
Floating Power Plant, a Danish pioneer in renewable energy technology, has just signed a transformative grant agreement with the European Commission's Innovation Fund of 26 m€. This agreement solidifies the EU's commitment to propel Floating Power Plant’s flagship project, SEAWORTHY, into the forefront of sustainable energy innovation.
Oceantic Network, a leading organization working to advance offshore wind and other ocean renewable industries and their supply chains, announced registration is now open for its annual International Partnering Forum (IPF), happening April 22-25, 2024, in New Orleans.
Global OTEC and 2H Offshore have signed an agreement to combine their expertise in Ocean Thermal Energy Conversion (OTEC) technology and marine engineering. The partnership, formalized through a Memorandum of Understanding (MoU) signed in London last week, will focus on the development of floating OTEC, with emphasis on Water Intake Riser (WIR) systems that are essential for the technology to operate offshore.
DNV, an independent energy expert and assurance provider, has taken a significant step forward in reshaping the offshore wind industry with the launch of a new Joint Industry Project (JIP) called Concrete FLOW which will optimize requirements for concrete floaters (floating or semisubmersible structures, generally moored to the seabed, used as foundations upon which equipment can be mounted), specifically tailored for floating offshore wind farms.
IMCA has published the industry’s first standard contract for transport and installation (T&I) works in offshore wind projects. The contract has been written to ensure a fairer allocation of risk.