seeking impactful tech

Transocean calls for energy innovators, extends deadline for submissions

Transocean is looking for Houston innovators to help them on their decarbonization journey. Photo via Transocean

A major energy corporation has put its feelers out for Houston innovators solving for challenges within the decarbonization of offshore drilling operations.

Transocean, a Switzerland-based offshore energy leader with its United States headquarters in Houston, kicked off its Transocean Open Innovation Challenge this fall. The original deadline has been extended to December 15, and the program is in partnership with the Ion. The submission page is available online.

"Ion is proud to partner with Transocean, a global leader in offshore drilling, to launch this exciting challenge that invites startup companies, academics and entrepreneurs to contribute their innovative ideas with the potential for pilot opportunities and deep-dive engagements with Transocean in the future," reads a statement from the Ion. "Finalists will have the opportunity to pitch their ideas in front of a live audience, and the winning team may be awarded a pilot project with Transocean, offering a real-world testing ground for your innovative solutions."

Finalist selection will be hosted digitally in February, and the demo day and winner announcement will be in March at the Ion. The winner will have the potential opportunity to run a field trial with Transocean,

According to Transocean, the objections for the program are:

  • To engage as a customer to identify innovative technologies that allow us to physically reduce the carbon footprint of our offshore well construction operations
  • To explore novel and proven concepts that are ready or nearly ready to pilot
  • To discover providers, technology and solutions that are outside our core business, oil and gas exploration and drilling

For more information, please contact Ragen Doyle, corporate engagement Officer, at rdoyle@ionhouston.com.

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A View From HETI

EDP Renewables North America has inked a power purchase agreement with Meta. Photo via Getty Images

Houston-based EDP Renewables North America has signed a long-term power purchase agreement with Meta, the parent company of Facebook and Instagram, for its forthcoming Cypress Knee Solar project.

The 250‑megawatt solar project will be built in Arkansas and is expected to come online by 2028, according to a news release from EDPR. The company says the project will generate approximately $25 million in new revenue for Chicot County once operational.

“Cypress Knee Solar and our broader portfolio of projects with Meta are helping power a reliable, modern U.S. electric grid—the backbone of American innovation and long-term economic growth,” Sandhya Ganapathy, CEO of EDPR NA, said in the release. “These investments strengthen local communities, create durable economic value, and ensure that progress is built on a resilient, sustainable foundation.

This is Meta's third power purchase agreement with EDPR. The tech giant is now contracted to a renewable capacity of 545 megawatts with EDPR. Meta and EDPR also collaborated on the 200-megawatt Brittlebush Solar Park to support Meta's data center in Mesa, Arizona.

“Through our partnership with EDPR, Cypress Knee Solar will bring new generation to the Arkansas grid, creating local jobs and delivering economic benefits to the community. We’re proud to expand our collaboration with EDPR,” Amanda Yang, head of clean and renewable energy at Meta, added in the release.

EDPR operates 61 wind farms, 29 solar parks and four energy storage sites across North America. Its other customers include other tech companies like Amazon and Microsoft.

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