News

Oort Energy secures £5M seed funding to decarbonise industry with green hydrogen

Oort Energy, a UK-based next-generation hydrogen electrolyser developer has announced that it has closed its oversubscribed £5M Seed raise led by Energy Revolution Ventures (ERV), an early-stage electrochemistry specialist investor. This funding augments approximately £800k in non-dilutive grants awarded to the company by various UK and EU government bodies. The major Seed round investors include […]

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Bassoe Technology’s 17 MW D-Floater floating wind foundation receives DNV Approval in Principle

Leading Classification Society DNV has awarded Bassoe Technology an Approval in Principle (AiP) for a 17 MW D-Floater floating wind foundation designed to withstand extreme 50-year typhoon condition in South China Sea. The D-Floater is a three column, semi-submersible unit with a Delta-shaped pontoon configuration that allows the stacking of foundations inside each other, facilitating

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Costco Wholesale enters the solar power market with Engenera Renewables Group partnership

Photo: Facebook / Engenera Costco Wholesale, the global operator of membership-only retail stores, and Engenera Renewables Group, one of the UK’s leading renewable energy companies, have joined forces in an exciting new collaboration aimed at empowering customers to combat soaring energy costs through the adoption of solar power. In today’s retail landscape, where energy prices

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Finland’s largest festival organiser, Nelonen Media Live, reduces emissions from summer festivals in Finland by using Neste’s renewable diesel

Photo: Nelonen Media Live, Petri Saarelainen Nelonen Media Live (NML), which is part of the Sanoma Group, will be using Neste’s renewable diesel for the first time at its summer festivals in Finland in 2023. At the 13 summer festival events organized by NML in different parts of Finland in 2023, the personnel’s rental vehicles

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Neste to set the first science-based targets for nature as part of the selected pilot group by The Science Based Targets Network

Neste is selected to the initial target validation group for science-based targets (SBTs) for nature, by The Science Based Targets Network (SBTN), which is aiming to set the global standard for ambitious and measurable corporate action on nature. Globally, only 17 companies are invited to the target validation group to pilot a global framework for

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Seafields will develop stationary aquafarms together with MacroCarbon 

Seafields, the UK-headquartered company that will cultivate and harvest Sargassum seaweed in the Atlantic Ocean to remove billions of tonnes of carbon dioxide from the atmosphere, will collaborate with MacroCarbon, a spin-off of the Alfred Wegener Institute in Germany and Carbonwave in the US to co-develop and accelerate the intellectual property required to farm the

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Masdar and Airbus sign agreement to support development and growth of global sustainable aviation fuel market

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with Airbus, the largest aeronautics and space company in Europe and a worldwide leader to support the development and growth of the global sustainable aviation fuel market. The signing ceremony was held in the presence

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