Search results for: protean

145 results

A list of search results

  • 26 July 2016
    Business & Finance

    Australian wave energy developer, Protean Wave Energy, has named Stephen Rogers as its Managing Director, effective July 26, 2016.

  • 17 May 2017
    Business & Finance, Technology

    Australian clean energy developer Protean Energy has appointed David Wheeler as its Non-Executive Director.

  • 27 July 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Protean Energy has signed a project cooperation agreement with KEPCO Plant Service and Engineering (KPS) for the development of wave and other renewable energy projects across the Asia Pacific region.

  • 2 May 2016
    Operations & Maintenance, Research & Development, Technology

    Following completion of pre-deployment preparations, Protean Wave Energy has announced the imminent deployment of the first Protean wave energy converter (WEC) buoy at Port of Bunbury, Western Australia.

  • 6 November 2018
    Business & Finance, Equipment, Research & Development

    Protean has completed the term sheet agreement for the sale of the Protean Wave Energy Converter technology assets (WEC Assets) to Australian company PEARL Clean Energy (PEARL). As announced in the binding agreement earlier this year, the key terms include PEARL spending a minimum of $700,000 on the WEC Assets within the first 5 years […]

  • 27 August 2018
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Protean Energy has agreed to sell its wave energy technology to Pearl Clean Energy following the decision to divest its interest in the sector.

  • 6 November 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Protean Energy has completed the term sheet agreement for the sale of its Protean Wave Energy Converter technology assets to Australian company Pearl Clean Energy.

  • 29 August 2018
    Business & Finance, Equipment, Research & Development

    Protean Energy and PEARL Clean Energy have signed an agreement for PEARL to acquire the Protean Wave Energy Converter technology assets (WEC Assets). The key terms of the agreement include PEARL spending a minimum of $700,000 on the WEC Assets within the first 5 years from signing the agreement and paying a 1.5% royalty on […]

  • 26 July 2016
    Business & Finance, Research & Development, Technology

    Protean Wave Energy plans to deploy additional wave energy converters (WECs) at Bunbury wave farm during this quarter after an independent review of the results from the recent offshore trial is completed.

  • 2 March 2015
    Research & Development, Technology

    The Protean system comprises a point-absorber wave energy converter buoy which floats on the water surface and extracts the energy from waves. The device achieves this by the extension and retraction of a tether to its anchoring weight on the sea bed. The Protean WEC converts the energy of waves from all six degrees of wave […]

  • 11 August 2015
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Stonehenge Metals has completed the functional ocean based testing of the fully assembled Protean wave energy converter. The testing showed that the Protean WEC functioned as anticipated and that it was responsive to wave motion even in very low wave height conditions, according to Stonehenge. Fabrication preparations of the 30 Protean WEC buoys for the […]

  • 8 December 2016
    Business & Finance, Research & Development, Technology

    Protean Energy plans to acquire 50% stake in flow battery manufacturing company KORID Energy as part of its strategy to offer hybrid energy solutions in the transition from fossil fuels to clean energy.

  • 10 November 2014
    Business & Finance, Technology

    Stonehenge Metals Ltd has executed formal transaction documents and completed the option agreement with Protean Energy Ltd (PEL). The option agreement with PEL grants Stonehenge an exclusive 24 month global licence and an option to acquire 100% of the equity of Protean Energy Australia Pty Ltd (PEA). PEA holds the intellectual property titles, rights & […]

  • 31 March 2015
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The detailed design of the Protean wave energy converter (WEC) has been completed. The design of 1.5 kW Protean wave device has been completed by Moore Commerce Pty, a technology development company engaged to deliver 30 Protean 1.5 kW devices. The manufacturing stage of the device will commence during April, the company states. Protean Wave […]

  • 8 April 2015
    Business & Finance, Research & Development, Technology

    Stonehenge Metals has appointed San Marino Venture Group (SMVG) to support the commercialization of the Protean wave energy conversion technology in US. California-based SMVG originates and manages deal flow with an emphasis on emerging technologies, sustainable energy, real estate and infrastructure revitalisation. The appointment of the advisory group is part of Stonehege Metals’ global commercialization […]

  • 25 July 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Protean Energy has closed the underwritten rights issue, raising Au$3.14 million ($2.49 million) before costs to support the delivery of storage and wave energy projects.

  • 11 August 2015
    Business & Finance, Equipment, Research & Development

    Stonehenge informed that the functional ocean based testing of the fully assembled proof of commercial applicability Protean Wave Energy Converter (WEC) device has been successfully completed. The testing showed that the Protean WEC functioned as anticipated and that it was responsive to wave motion even in very low wave height conditions. Preparations for fabrication of the […]

  • 14 September 2015

    Stonehenge Metals Limited has received a formal approval to deploy 30 Protean™ Wave Energy Converter (WEC) buoys within the waters controlled by Bunbury Port off the coast of Western Australia. These 30 Protean™ devices represent the company’s implementation of a demonstration wave farm and signifies the next stage in Stonehenge’s early commercialisation strategy. The company remains […]

  • 14 August 2017
    Business & Finance, Research & Development

    The Australian wave energy developer Protean Energy has informed that its Managing Director (MD) Stephen Rogers has resigned.

  • 14 August 2014
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Stonehenge Metals Limited has entered into a binding option agreement with Protean Energy (PEL) to acquire 100% of PEL’s wholly owned subsidiary, Protean Energy Australia Pty Ltd (PEA). PEA holds the intellectual property titles, rights and licenses to the Protean Wave Energy Converter Technology. The Protean system is based upon a point-absorber wave energy converter […]

  • 2 June 2016
    Business & Finance, Research & Development, Technology

    Protean Wave Energy has engaged EcoFin Solutions in partnership with WaveEC for the development of a numerical model to optimise the Protean WEC economics and survivability in varying ocean environments.

  • 14 September 2015

    Stonehenge Metals Limited has received a formal approval to deploy 30 Protean™ Wave Energy Converter (WEC) buoys within the waters controlled by Bunbury Port off the coast of Western Australia. These 30 Protean™ devices represent the company’s implementation of a demonstration wave farm and signifies the next stage in Stonehenge’s early commercialisation strategy. The company remains […]