10000 results found for 'wave energy'

10000 results found for 'wave energy'
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  • Canadian firm raises $1.83M to advance wave energy tech

    3 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Vision

    Voltai, a Canadian cleantech company focused on ocean and renewable energy solutions, has closed an oversubscribed $1.83 million pre-seed financing round. Invest Nova Scotia led the round, with additional participation from an angel investor group headed by Mahir Sahin, former advisor to Alphabet’s Moonshot Factory X (formerly Google X) and founder of Cloudberry Ventures. “Voltai’s […]

  • Australian firm secures milestone payment under EuropeWave contract

    13 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Australian wave energy developer Carnegie Clean Energy has received a €351,471 payment under its EuropeWave contract, following the completion of the system integration review for the ACHIEVE program. “Thank you to the EuropeWave Project Buyers Group for their continued support!” the company said in a social media post. The payment marks another milestone for Carnegie’s […]

  • Wave and tidal energy to reach $1.85B by 2032, commercial deployment by 2031, report finds

    18 December 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal energy market reached $983.11 million in 2024 and will […]

  • Dry testing milestone brings Symphony’s wave tech closer to sea

    17 October 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development, Technology

    The Netherlands-based tidal and wave energy developer Symphony Wave Power has completed dry tests of its wave energy unit, marking a milestone in the company’s path toward offshore deployment in 2026. “What started as engineering on paper is now in motion, literally! These dry-tests mark a major milestone on our roadmap toward offshore deployment in […]

  • Eco Wave Power pushes ahead with 1 MW project in Portugal

    16 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Israel-headquartered developer Eco Wave Power is moving forward with the development of its 1 MW wave energy project in Portugal, after wrapping up a wave and loads assessment in cooperation with MetOcean Consult, a Netherlands-based consultancy specializing in independent metocean analysis, environmental data services, and numerical wave and flow modeling for offshore, coastal, and port developments.

  • Ocean Harvesting Technologies appoints new COO

    3 November 2025
    Human Capital, Outlook & Strategy, Vision

    Sweden’s Ocean Harvesting Technologies has appointed Cody Bradway as the new Chief Operating Officer (COO), bringing experience from the marine, offshore, and renewable energy sectors to the Gothenburg-based wave energy developer. According to Ocean Harvesting Technologies, Bradway joined the company with a proven background in scaling operations and leading multi-site teams of over 50 people […]

  • CorPower Ocean takes leading role at Ocean Energy Europe

    9 October 2025
    Authorities & Government, Collaboration, Human Capital, Outlook & Strategy, Regulation & Policy

    Wave energy developer CorPower Ocean has stepped up its support for Ocean Energy Europe (OEE), a network of ocean energy professionals, taking on the role of Lead Partner, according to OEE. CEO of CorPower Ocean Patrik Moller will continue to represent the company on the OEE Board of Directors, where he currently serves as an elected […]

  • Eco Wave Power’s pilot in Israel delivers strong performance in December

    19 January 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders

    Eco Wave Power’s wave energy project at Jaffa Port in Israel has shown strong wave energy production performance during December, which the company says further demonstrates the system’s ability to generate energy reliably under real-world sea conditions and provide valuable operational data supporting wave energy technology advancement. The EWP-EDF One system has maintained zero downtime, with stable […]

  • Eco Wave Power reports continuous operations of its Israeli pilot project

    8 April 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition

    Eco Wave Power has reported that its wave energy project at the Jaffa Port in Israel had operated continuously during March, with approximately six days of moderate wave conditions in the range of one to two meters, generating over 1,200 kWh of renewable electricity. The EWP-EDF One wave energy project is a pilot-scale demonstration array, […]

  • Eco Wave Power’s pilot passes real-world sea conditions test

    23 February 2026
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Technology, Transition, Vision

    Eco Wave Power’s wave energy project at Jaffa Port in Israel has continued strong energy production and demonstrated stable and reliable operation under real-world sea conditions in the first month of 2026, the company reported. The EWP-EDF One wave energy pilot project has maintained zero downtime, with consistent performance recorded in wave conditions of one meter and above […]

  • Canary Islands name wave-powered desalination project of strategic importance

    28 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Vision

    The Government of the Canary Islands has declared the DESALIFE project a strategic initiative for the region, recognizing it as a “highly innovative and sustainable project, with strong strategic relevance and proven technical feasibility.” According to Ocean Oasis, this recognition marks a milestone for the project, as it transitions from technology validation to industrial deployment. […]

  • EU-funded wave energy hydrogen project underway in Croatia

    23 September 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology, Vision

    A project at Zigljen Port on Croatia’s island of Pag is advancing the use of wave energy for green hydrogen production under the North Adriatic Clean Hydrogen Investment Platform (NACHIP). The “Innovative Green Hydrogen Production from Wave Energy in Zigljen Port (Novalja)” project, led by Leonitus, is valued at €5.4 million and represents the first […]

  • Eco Wave Power’s pilot delivers ‘record output’ during three-meter waves

    6 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Technology, Transition

    Eco Wave Power’s wave energy project at the Jaffa Port in Israel has achieved its highest average and peak production levels during record three-meter wave conditions. The EWP-EDF One wave energy pilot project operated for approximately nine days during February under moderate wave conditions, with average daily wave heights ranging between one and two meters. […]

  • UK case study shows wave energy lowers cost of 24/7 renewables

    24 September 2025
    Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Vision

    A new case study from Swedish wave energy developer CorPower Ocean highlights the role of wave energy in achieving the lowest-cost 24/7 clean energy in northern Scotland. According to CorPower Ocean, wave energy consistently reduces system costs, installed capacity, and storage requirements across scenarios for 2032, 2040, and 2050. By 2050, wave energy provides 22% […]

  • UK’s marine energy roadmap effort enters second phase

    29 October 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Vision

    The Marine Energy Taskforce (MET), a 12-month initiative commissioned by the UK Department for Energy Security and Net Zero (DESNZ), has entered its second phase following a meeting in Cardiff. Launched in June by UK Energy Minister Michael Shanks, the MET is tasked with developing recommendations and a roadmap to unlock the UK’s tidal stream […]

  • Drones tested for wave energy floaters maintenance (Video)

    17 September 2025
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Technology

    Wave energy developer Eco Wave Power has teamed up with BladeRanger, a company specializing in automated drone-based cleaning and diagnostics, to introduce drone-powered maintenance for its wave energy technology. The collaboration was demonstrated at Eco Wave Power’s grid-connected site at the Jaffa Port, where BladeRanger’s drones cleaned and inspected the floaters that convert wave motion […]

  • SolarDuck: Advisory board to help integrate floating solar tech within CCS and offshore energy sectors

    4 March 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Innovation, Outlook & Strategy, Transition, Vision

    Dutch-Norwegian SolarDuck has launched an advisory board to support the integration of its offshore floating solar technology within the carbon capture and storage (CCS) and wider offshore energy sectors. The board will initially consist of two members, including Neil Kavanagh, formerly Chief Scientist at Australia’s natural gas company Woodside Energy, and Tore Moe, currently Vice […]

  • Colombian start-up tests small-scale wave energy converter

    18 September 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Neowave Energy, a Colombia-based startup, is moving forward with the development of its wave energy converter (WEC). The company has designed, manufactured, installed, and analyzed a small-scale version of its device in the Universidad Nacional de Colombia wave flume. According to Neowave, the tests included assessments of manufacturing, stackability, assembly, anchoring, performance, hydrodynamics, and power […]

  • Marine energy ‘key pillar’ in Canada’s clean energy transition, 2050 roadmap states

    11 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vision

    Marine Renewables Canada (MRC) has published a national roadmap that outlines how offshore wind, tidal, wave, and river current energy can help meet Canada’s surging electricity demand, projected to increase two to threefold by 2050, with marine renewable energy seen as a key pillar of the country’s clean energy transition. Although Canada has already made […]

  • Geophysical survey clears way for 10 MW wave energy project in Portugal

    18 September 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Safety, Technology

    Swedish wave energy developer CorPower Ocean has completed a geophysical survey offshore Aguçadoura, northern Portugal, which supports the demonstration of its C5 wave energy technology and prepares the groundwork for the planned 10 MW project. The Portuguese Directorate-General for Natural Resources, Safety and Maritime Services (DGRM) granted CorPower Ocean a Research TUPEM permit covering the […]

  • EU puts €20M on the table to push wave energy forward

    15 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Research & Development

    The European Commission has launched a Horizon Europe pre-commercial procurement (PCP) call aimed at reducing risks in wave energy technology development. The call runs from 16 September 2025 until 17 February 2026 and allocates €20 million to advance wave energy converters to higher technology readiness levels (TRL), targeting TRL7/8. The PCP focuses on the development […]

  • Weco completes first full assembly of its upgraded wave energy device

    16 September 2025
    Business Developments & Projects, Equipment, Exploration & Production, Project & Tenders, Technology

    The Hague-based Wave Energy Collective (Weco) has completed the first full assembly of its Kaizen 2.0 wave energy device and carried out dry tests of the power take-off unit and control system at Holland Shipyards Group. “Last week we successfully performed our first full assembly of the new Kaizen 2.0 and dry-tested our power take-off […]

  • Ocean Harvesting Technologies adds new board member with BP experience

    29 September 2025
    Human Capital, Outlook & Strategy

    Sweden’s Ocean Harvesting Technologies has appointed a new board member, effective August 2025, as the Swedish wave energy developer looks to reinforce its leadership in the energy transition.  The company welcomed Johan G. Andersson to its board. According to Ocean Harvesting, Andersson brings more than 30 years of global energy and industrial transformation experience, with […]

  • WATCH: Next-gen tidal energy generator undergoes trials at UK’s META

    3 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Technology

    CGEN Engineering, a spinout company from the University of Edinburgh, has put its fully marinised, next-generation modular electrical generator for tidal energy devices to the test over the past few months at a test site of the Marine Energy Test Area (META) in the Cleddau Estuary.

  • Shareholders inject nearly €1.2M into Carnegie’s wave energy ambitions

    11 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    Australian wave energy developer Carnegie Clean Energy has raised AUD 2.116 million (almost €1.2 million) from its share purchase plan (SPP), which closed on September 8, 2025. According to Carnegie, the funds will be used to advance several initiatives supporting the commercialization of its CETO and MoorPower wave energy technologies. Proceeds will support the development […]