Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

China is planning more investment into offshore wind turbines

General – China

China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060.

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Next Ocean secures investment to scale offshore safety technology

General – Safety Technology

Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide.

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JERA committed to achieving net zero CO2 emissions by 2050

General – Investment

JERA has invested approx. 2M USD in Advanced Ionics, a US-based company, that develops a new type of electrolyzer technology that uses both electrical and thermal energy to produce hydrogen.

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UK Infrastructure Bank and XLCC confirm subsea cable investment

General – Finance

The UK Infrastructure Bank (UKIB) has today announced an investment in subsea HVDC cable manufacturer XLCC to develop a new world-leading factory in Hunterston, Scotland. 

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TotalEnergies joins Japanese fund for development low-carbon hydrogen

General – Hydrogen

TotalEnergies announces its entry as an investor in the ‘Japan Hydrogen Fund’ at its first close, joining several major Japanese companies in this fund dedicated to developing the low-carbon hydrogen value chain.

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