OMNI Features|Five Companies Jointly Propose Feasibility Study of Large Floating Vertical-Axis Wind Turbines in Japan.Infinium Secures $200M Funding from Brookfield to Accelerate eFuels Growth.Chinese Wind Turbines Manufacturer Envision Pledges $1bn for Spanish Green Hydrogen Complex.Canpac Marine Services from Canada Acquired Tidewater Subsea to Expand it's Cable Laying Capabilities
OMNI Features|Five Companies Jointly Propose Feasibility Study of Large Floating Vertical-Axis Wind Turbines in Japan.Infinium Secures $200M Funding from Brookfield to Accelerate eFuels Growth.Chinese Wind Turbines Manufacturer Envision Pledges $1bn for Spanish Green Hydrogen Complex.Canpac Marine Services from Canada Acquired Tidewater Subsea to Expand it's Cable Laying Capabilities
|Five Companies Jointly Propose Feasibility Study of Large Floating Vertical-Axis Wind Turbines in Japan
Albatross Technology Inc., Electric Power Development Co., Ltd. (J-Power), Tokyo Electric Power Company Holdings, Inc. (TEPCO HD), Kawasaki Kisen Kaisha, Ltd., and Sumitomo Heavy Industries Marine Engineering Co., Ltd. (SHI-ME) have jointly proposed a project titled "Feasibility Study of Large Floating Vertical-Axis Wind Turbines" This proposal aligns with the "Promotion of Next-Generation Technology Development for Floating Offshore Wind Power" initiative advocated by the New Energy and Industrial Technology Development Organization (NEDO), and has been accepted.
Given Japan's limited shallow water resources, the project aims to advance the commercialization of floating offshore wind power in Japan. The feasibility study will focus on vertical-axis wind turbines, where both the turbine and the floating structure rotate together. These large-scale turbines offer the same efficiency as traditional horizontal turbines but with reduced size and cost for the floating components. The design's versatility also allows production across varying water depths, potentially reducing costs. The five companies will leverage their expertise to contribute to the development of offshore wind power and support a carbon-neutral society.
|Infinium Secures $200M Funding from Brookfield to Accelerate eFuels Growth
Infinium, the first producer of ultra-low carbon eFuels, has formed a strategic partnership with Brookfield Asset Management to accelerate the development of its eFuels platform. This partnership includes a $200 million investment in Infinium's West Texas Project Roadrunner, with up to $850 million earmarked for future global projects.
Infinium's eFuels, including its next-generation sustainable aviation fuel (eSAF), aim to reduce greenhouse gas emissions by up to 90%. These "drop-in" fuels, which can be used without engine modifications, are vital for sectors like aviation, shipping, and manufacturing. Infinium recently signed a deal with American Airlines, securing the sale of eSAF starting in 2026.
|Chinese Wind Turbines Manufacturer Envision Pledges $1bn for Spanish Green Hydrogen Complex
Chinese wind turbine manufacturer Envision has signed a memorandum of understanding (MOU) with Spain's government, pledging to spend $1bn on a vast green hydrogen technology complex in the European country. The manufacturing site will produce 5GW of electrolysers per year, with construction due to begin in 2026.
|Canpac Marine Services from Canada has Officially Acquired Tidewater Subsea to Expand it's Cable Laying Capabilities
The integration of Tidewater Subsea (formerly ITB Subsea) under the Canpac brand will expand Canpac's capabilities, enabling the company to serve a wider geographic area in the submarine cable laying sector. The combined expertise and resources will allow Canpac to meet the increasing demands of the subsea cable market and further enhance the quality of Canpac's offerings.
Reference: J-Power|hydrogeninsight|RechargeNews|OER