EIB Pledges $1.8B for Span-France Bay of Biscay Interconnector
The European Investment Bank (EIB) has allocated $1.84 billion to finance the construction of the Bay of Biscay electricity interconnection between Spain and France.The EIB financing for the Bay of Biscay project takes the form of loans to Spanish and French transmission-system operators Red Eléctrica and RTE Réseau de transport d’électricité.Construction of the Bay of Biscay link is already under way by Inelfe – joint venture by RTE and Red Eléctrica, and it is due to become operational in 2028.The connection will link two alternating current systems via
Citizens Urge EU to Better Manage Marine Protected Areas
the continuous issue of bottom trawling in EU MPAs.The hand-in by Patagonia, WeMove Europe, ClientEarth and organisations from the Protect our Catch campaign in Brussels is the culmination of a series of similar activities targeting national governments and supported by citizens in the UK, Germany and Spain at the end of last year.The petition reinforces poll results from last year that found that 82% of citizens across seven EU countries believe in stricter regulation of bottom trawling, and 73% would support banning bottom trawling in EU MPAs.It follows the release of David Attenborough’s film
Green Marine UK Looks to Support UK’s Subsea Power and Communications Network
has previously serviced.However, these extensive domestic and international cable networks remain vulnerable to environmental threats, accidental damage and other geopolitical tensions.This risk has been underscored by recent events—most notably the major power outage impacting millions across Spain, Portugal, and parts of France. Traced to a fault in a key interconnector, this incident highlighted the vulnerabilities of Europe’s energy grid and the cascading consequences of failure.Key intercountry cables supporting the UK include the IFA and IFA2 (UK–France), BritNed (UK&ndash
Global OTEC: Deployment of New Onshore Power Module
by 50%. This pilot comes just months after Global OTEC introduced the Power Module® at the 1st Brazilian Workshop on Geothermal Energy Utilization and Storage, hosted by Petrobras. In parallel, the company is advancing construction of its floating, storm-resistant prototype in Gran Canaria, Spain, showcasing both the energy system and structural innovations required to scale OTEC offshore.
FET to Supply Spain's ACSM with ROV, LARS
Forum Energy Technologies (FET) won a contract to provide a work class ROV system and a Dynacon Launch and Recovery System (LARS) to ACSM, the Spanish-headquartered global maritime survey and ROV services operator. The FET Perry XLX EVO II will be delivered in Q3 2025 to support construction, drilling, pipeline and platform inspection, survey, salvage, cleaning and dredging. FET’s XLX EVO II ROV system is equipped with the latest ICE Unity Control System, incorporating remote operations and machine learning.The ROV is being manufactured at FET’s UK facility at Kirkbymoo
Increasing Alkalinity Could Counter CO2 Acidity
minerals (e.g., carbonates and silicates), the ocean can chemically bind more CO2 without further acidification.Scientists from Prof. Ulf Riebesell´s group at GEOMAR Helmholtz Centre for Ocean Research Kiel, as part of the European OceanNETs project, conducted an experiment off Gran Canaria, Spain. Over a period of 33 days, the researchers monitored the effects of alkalinization on zooplankton, which plays a key role in transferring energy through the food web up to fish. A range of responses were studied in the zooplankton, from biomass and production to diversity and fatty acids.The study
Lalizas Opens New Safety Equipment Branch in Canada
the company’s presence in the Americas.Miguel Norato has been appointed as the Country Manager of LALIZAS Canada.LALIZAS, a family owned company, has the vision to produce high quality products that ensure safety at sea, and distribute them in international markets. It currently owns 10 branches in Spain, Italy, Croatia, Montenegro, the UK, Turkey, China, the UAE, South Africa, and the USA, having a commercial presence in over 130 countries and more than 40 years of experience in the industry.LALIZAS Canada is located in Vancouver at 1275 Venables St, Unit 380, BC V6A 2C9. The branch is equipped
Billions in Lost Treasure: How Modern Technology Is Revealing Hidden Riches from the Depths!
as Nuestra Senora de las Mercedes, which had been sunk by British naval forces in 1804. Odyssey recovered over $500 million worth of silver coins during the expedition - making this discovery one of the largest recoveries ever undertaken at sea – the discovery sparked a lengthy legal dispute with Spain who ultimately acquired ownership.The SS Central America, commonly referred to as the "Ship of Gold," was a steamer which sank off South Carolina during a hurricane in 1857 carrying tons of gold from California's Gold Rush and contributing to widespread financial distress in America
EU Grants Over $20M for Pilot Wave Energy Farm Offshore Portugal
Europe’s leadership in renewable energy.Coordinated by Queen’s University Belfast, the project includes 14 partners from across Europe, including leading companies and research institutions. These partners, coming from Belgium, Finland, France, Italy, Netherlands, Norway, Portugal, Spain, and the UK, bring together expertise covering the entire wave energy value chain
February 2025
