Smart battery systems maker Verlume is increasing its headcount on the back of a reported tenfold rise in orders.
A pioneering project pairing wave energy with battery storage to power subsea equipment off Orkney is to be extended into next year, after a successful four-month trial.
The Scottish National Investment Bank (Snib) has sunk £6.6 million into Verlume, the Aberdeen company focused on offshore battery storage technology.
Scottish technology developers are working together on an ambitious project linking wave power and energy storage to power vital subsea equipment.
An initiative aiming to demonstrate the ability of green energy to power subsea oil and gas infrastructure is taking shape in the north of Scotland.
Scottish firms Mocean Energy and Verlume have announced an agreement with oilfield services giant Baker Hughes on subsea wave power.
Aberdeen-based Verlume has appointed Andy Martin as its new chief commercial officer and has made two internal promotions for chief technology officer and chief operating officer roles.
Subsea energy storage and technology firm Verlume has moved to a larger operations facility in Aberdeenshire as it looks to scale up manufacturing capacity and take on new staff.
Hundreds of people gathered in Aberdeen on Wednesday night to celebrate the achievements of companies and individuals in the UK underwater sector.
With the theme of ‘Oceans of Opportunity’, the much-anticipated Subsea Expo conference later this month will showcase the cutting-edge technologies and innovations of the sector. The UK’s subsea market produces some of the world’s most advanced technology for harsh and hard to reach environments. As the energy transition accelerates, there will be a significant opportunity for the transfer of this technology into growing clean energy sectors.
Aberdeen-based subsea technology company Verlume has raised £2.5 million in a further funding round following a recent rebrand.
Aberdeen-based subsea technology firm EC-OG has rebranded as Verlume, joining the throng of companies removing any reference to oil and gas in their names.