popular articles

DRIFT Energy raises £4.65m to deploy hydrogen-powered yachts

DRIFT Energy raises £4.65 million to develop autonomous yachts dedicated to offshore hydrogen production, with support from Octopus Ventures.
DRIFT 58m "true green" sailing catamaran MVY

Please share:

UK-based DRIFT Energy has secured £4.65 million in funding to develop a fleet of autonomous yachts designed to produce hydrogen at sea.
The funding round, led by Octopus Ventures, aims to accelerate the implementation of a technology that could transform hydrogen production for industrial and marine applications.
These yachts use aerodynamic sails and underwater turbines to harness the energy available at sea and convert water into hydrogen.
This project represents an important step towards hydrogen production independent of land-based infrastructures, in response to growing demand in key sectors.

Decentralized, autonomous production

DRIFT Energy’s concept is based on hydrogen production directly at sea, with no dependence on fixed installations.
The yachts, operating autonomously, follow trajectories optimized by algorithms according to weather conditions.
After filling their hydrogen tanks, they return to port for unloading, making this model particularly efficient and flexible.
Each yacht is capable of producing up to 150,000 kg of hydrogen per year, with an installed power of 1 to 2 MW.
This model could offer a robust solution for meeting hydrogen needs in a way that is more adapted and adaptable to the realities of offshore operations.

Strengthening the project through strategic partnerships

The support of Octopus Ventures, along with that of Blue Action Accelerator, an investor specializing in the maritime economy, is crucial for DRIFT Energy.
This funding will enable the company to finalize the design of the vessels and accelerate the industrial partnerships needed to move from the development phase to large-scale operation.
The first yacht in this fleet is expected in 2025, marking a key milestone in the development of this marine technology.
Initial trials have shown positive results, placing DRIFT Energy in a strategic position in the hydrogen market.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Volocopter, a major player in air mobility, partners with a French company to deploy electric flying taxis in Paris. This strategic partnership aims to transform urban mobility while addressing the economic challenges linked to technological transition.
The U.S. State Department has revised a document announcing a $400 million contract for the purchase of armored electric vehicles from Tesla. Elon Musk’s company ultimately did not receive any official contract, despite a strong market reaction.
The U.S. State Department has revised a document announcing a $400 million contract for the purchase of armored electric vehicles from Tesla. Elon Musk’s company ultimately did not receive any official contract, despite a strong market reaction.
France announces a 3 billion euro investment to accelerate the installation of fast charging stations for electric vehicles, aiming to meet growing demand and support the energy transition.
France announces a 3 billion euro investment to accelerate the installation of fast charging stations for electric vehicles, aiming to meet growing demand and support the energy transition.
Eiffage Énergie Systèmes has signed an agreement with GRDF for the installation and maintenance of 1,050 charging points for its electric fleet. Spread across 126 sites, these facilities will be deployed over five years, with a commitment to high availability and rapid maintenance.
Eiffage Énergie Systèmes has signed an agreement with GRDF for the installation and maintenance of 1,050 charging points for its electric fleet. Spread across 126 sites, these facilities will be deployed over five years, with a commitment to high availability and rapid maintenance.
The European Union is taking action to support the European automotive industry in the face of increasing competition from China and the need for vehicle electrification, promising emergency measures and flexibilities to preserve jobs and competitiveness.
Stricter environmental score criteria are imposing strategic changes on manufacturers, favoring local production and redefining the dynamics of the electric vehicle market in Europe.
Stricter environmental score criteria are imposing strategic changes on manufacturers, favoring local production and redefining the dynamics of the electric vehicle market in Europe.
In 2024, electric car sales dropped by 27%, reflecting the impact of subsidy cuts and regulatory pressures in a Germany seeking solutions to revive its automotive industry.
In 2024, electric car sales dropped by 27%, reflecting the impact of subsidy cuts and regulatory pressures in a Germany seeking solutions to revive its automotive industry.
The UK automobile market achieved 19.6% electric vehicle sales in 2024, falling short of the 22% target set by the government, raising regulatory and strategic challenges for industry players.
The UK automobile market achieved 19.6% electric vehicle sales in 2024, falling short of the 22% target set by the government, raising regulatory and strategic challenges for industry players.
In Freetown, James Samba, a 23-year-old student, is developing an electric tricycle made from recycled materials to reduce pollution in a country where 1,200 air-quality-related deaths were recorded in 2021.
In China, Huawei accelerates the integration of intelligent technologies in electric vehicles, meeting rising demand and supporting a 20% sales increase in 2024.
In China, Huawei accelerates the integration of intelligent technologies in electric vehicles, meeting rising demand and supporting a 20% sales increase in 2024.
Stellantis and CATL join forces to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Scheduled for 2026, this initiative aims for a 50 GWh capacity and supports Europe’s energy transition.
Stellantis and CATL join forces to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Scheduled for 2026, this initiative aims for a 50 GWh capacity and supports Europe’s energy transition.
Chancellor Olaf Scholz calls for a European subsidy to boost the purchase of electric vehicles, addressing Germany's industrial crisis and rising Chinese competition. A solution inspired by the French model may be considered.
Chancellor Olaf Scholz calls for a European subsidy to boost the purchase of electric vehicles, addressing Germany's industrial crisis and rising Chinese competition. A solution inspired by the French model may be considered.
ACC launches the production of electric batteries in France, marking a major milestone in the European automotive industry as it seeks to counter Asian dominance. A closer look at the challenges and ambitions of this industrial project.
Air France-KLM ranks at the top of the global aviation sector for integrating sustainable aviation fuels (SAF), according to a report published by the think tank Transport & Environment.
Air France-KLM ranks at the top of the global aviation sector for integrating sustainable aviation fuels (SAF), according to a report published by the think tank Transport & Environment.
With over 150,000 public charging stations installed, France is witnessing rapid growth in the sector, marking a decisive step toward its climate goals and energy transition.
With over 150,000 public charging stations installed, France is witnessing rapid growth in the sector, marking a decisive step toward its climate goals and energy transition.
Aura Aero, a young French aerospace company, is preparing its first test flights for the electric plane "Integral E," marking a new step in sustainable aviation.
Aura Aero, a young French aerospace company, is preparing its first test flights for the electric plane "Integral E," marking a new step in sustainable aviation.
British automotive manufacturers anticipate missing the 2024 electric vehicle sales targets set by the government and request fiscal incentives to overcome challenges and avoid penalties.
The rise of electric vehicles and driver assistance systems will redefine the automotive repair market. Despite a decline in conventional interventions, the sector's sales are set to increase slightly between now and 2030.
The rise of electric vehicles and driver assistance systems will redefine the automotive repair market. Despite a decline in conventional interventions, the sector's sales are set to increase slightly between now and 2030.
China opposes US ban on Chinese automotive technologies. The Chinese Ministry of Commerce expresses its firm opposition to the United States Department of Commerce's plan to ban connected vehicles equipped with Chinese technologies in the United States, denouncing it as a protectionist measure contrary to free market principles.
China opposes US ban on Chinese automotive technologies. The Chinese Ministry of Commerce expresses its firm opposition to the United States Department of Commerce's plan to ban connected vehicles equipped with Chinese technologies in the United States, denouncing it as a protectionist measure contrary to free market principles.
Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
Norway stands out for its lead in automotive electrification, with over 754,000 electric vehicles registered. This historic turning point raises questions about the sustainability of this transition and the challenges ahead to maintain this momentum.
Electric mobility in France is progressing, supported by Enedis studies on recharging behavior. Despite high user satisfaction, challenges remain, notably vehicle autonomy and the optimization of charging infrastructures.
Electric mobility in France is progressing, supported by Enedis studies on recharging behavior. Despite high user satisfaction, challenges remain, notably vehicle autonomy and the optimization of charging infrastructures.
Brookfield is investing up to USD 1.1 billion in Infinium, aimed at increasing the availability of sustainable fuels for aviation and heavy industry, marking a significant step forward for alternative energies.
Brookfield is investing up to USD 1.1 billion in Infinium, aimed at increasing the availability of sustainable fuels for aviation and heavy industry, marking a significant step forward for alternative energies.
BMW has announced mass production of its first hydrogen-powered car for 2028, in collaboration with Toyota, despite the infrastructure and cost challenges associated with this niche technology.
BMW has announced mass production of its first hydrogen-powered car for 2028, in collaboration with Toyota, despite the infrastructure and cost challenges associated with this niche technology.

Advertising