10000 results found for 'wave energy'

10000 results found for 'wave energy'
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  • New CFO at Aquamarine Power

    12 August 2014
    Business & Finance

    Wave energy firm Aquamarine Power has appointed experienced financier Douglas Robb as their new Chief Financial Officer.  Robb’s role will be to bring in further private and public sector investment in support of the firm’s ambitious commercialisation plans.  Aquamarine Power is currently completing a major refit of their Oyster 800 wave machine which is scheduled […]

  • MPS Completes PowerBuoy Commissioning

    1 June 2018
    Equipment, Operations & Maintenance

    Marine Power Systems (MPS) has completed the assembly and commissioning of its PowerBuoy, a grid simulator designed to operate alongside its quarter scale prototype WaveSub wave energy converter. The PowerBuoy will enable MPS to analyse the WaveSub’s energy generational capacity across a broad range of sea states. Located at marine test site FaBTest in Cornwall, the assembly […]

  • OES spotlights ocean’s 20

    20 June 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Ocean Energy Systems (OES) has published a new document which highlights worldwide key projects and political initiatives driving the ocean energy sector forward.

  • New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

    27 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

  • RECODE project moves to demonstration phase

    9 February 2017
    Business & Finance, Research & Development, Technology

    Partners in the RECODE project, set up with the aim to cut ocean energy costs, have announced the project has moved from concept development to the testing and demonstration phase.

  • US Energy Department backs ocean energy R&D projects

    22 June 2017
    Authorities & Government, Business & Finance, Environment, Research & Development, Technology

    The Department of Energy of the United States (US DOE) has selected three ocean renewable energy projects to receive up to $150,000 each in research and development grants.

  • IDB Funds Two Chilean Marine Energy Projects

    2 October 2013
    Authorities & Government, Business & Finance, Research & Development, Technology

    Chile will launch two marine energy pilots on the southern coast of the country, an initiative that aims at supporting the development of this energy source, contributing to foster the country’s energy security and the diversification of its economy. The initiative will explore the potential of this clean technology, which so far has not been […]

  • Australian taskforce eyes virtual marine energy cluster

    14 May 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The Australian Marine Energy Taskfoce (AMET), a working group of Australia’s marine energy technology and project developers, has proposed the creation of a virtual marine energy cluster to drive forward sector development.

  • OPT Secures Funding Award from U.S. Department of Energy

    9 September 2013
    Business & Finance, Operations & Maintenance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced that it has won a $1.0 million funding award from the U.S. Department of Energy (“DOE”) to enhance the commercial viability of its PowerBuoy® wave-energy systems through mechanical component design changes to maximize power-to-weight output ratios and reduce overall installed capital costs. Under the award the […]

  • Technavio forecasts subsea cable market trends

    12 July 2016
    Business & Finance, Research & Development

    Technavio’s latest report on the global subsea power cable market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020.

  • Carnegie: Perth Project Offshore Foundations Installation Complete

    18 February 2014
    Business & Finance, Operations & Maintenance

    Carnegie Wave Energy Limited concluded the offshore foundation installation activities for the Perth Project off Garden Island, Western Australia. The subsea drilling and installation of all pile type foundations has been successfully completed with the third and final pile completed over the weekend. The installation vessel will be demobilising from the site this week clearing the […]

  • Ocean Power Technologies approaches 15 MWh milestone in renewable energy production

    14 May 2024
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Technology

    U.S.-based marine energy firm Ocean Power Technologies (OPT) has nearly hit 15 MWh of renewable energy production from its family of PowerBuoys (PBs) across the globe.

  • Pelamis P2 Machine Celebrates One Year of Accelerated Real-Sea Testing at EMEC, UK

    22 May 2013
    Research & Development, Technology

    The ScottishPower Renewables (SPR) owned Pelamis P2 wave energy converter has this week completed its first year of a robust testing programme at the European Marine Energy Centre (EMEC) in Orkney.  The combined P2 test programme has now accumulated 7500 grid connected operating hours, and exported 160MWh of electricity to the national grid. These are […]

  • WERPO to repurchase its shares

    14 April 2015
    Business & Finance

    WERPO will initiate a planned share buyback program of up to 7 mln shares of its common stocks from the open market. The share repurchases will be made from time to time over the next 6 months at the Company’s discretion. The repurchase program may be suspended or discontinued at any time, WERPO’s press release […]

  • Australia to Remove RET Review

    18 May 2015
    Authorities & Government, Business & Finance

    Confirmation today that the Australian Federal Government will remove the legislated reviews of the Renewable Energy Target (RET) should clear the way for a deal to be done and return much-needed investment confidence to the Australian renewable energy sector, the Clean Energy Council said. Namely, the Federal Government and Labor have agreed to cut the […]

  • Scotland Eyes New Marine Energy Projects with £10M Boost

    11 February 2019
    Authorities & Government, Research & Development, Technology

    The Scottish Government has relaunched the Saltire Tidal Energy Challenge Fund to help commercial deployment of tidal projects. The £10-million fund will target support to achieving commercial deployment of tidal energy generation in Scottish waters through driving innovation and reduction in the cost of electricity generated. The Saltire Prize challenge was initially launched in 2008 […]

  • NatPower Marine, Wah Kwong set up JV to build Asian shore power network

    5 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    NatPower Marine, an independent clean energy enabler for the maritime sector, and Hong Kong-based shipowner Wah Kwong have launched a joint venture (JV) aimed at building and operating a dedicated network of electric shore power across ‘major’ ports in Asia. As disclosed, the joint venture will go under the name of Wah Kwong NatPower Holdings. […]

  • DMEC CEO: Marine energy is ready to go

    1 November 2021
    Innovation, Outlook & Strategy, Transition

    As part of our OEEC 2021 interviews segment, Britta Schaffmeister, CEO of Dutch Marine Energy Centre (DMEC), talks about the need for innovative clean energy solutions to successfully fight the climate change, and how marine energy is ready to step up to the challenge.

  • Top news, March 16 – 22, 2015

    22 March 2015

    Tidal Energy Today Staff has compiled the top news from tidal and wave energy industry from March 15 – 22, 2015. UK Budget 2015 boosts Swansea tidal project Chancellor George Osborne has announced that the UK government is entering formal negotiations on financing subsidy for the Swansea Bay tidal lagoon project, which will establish whether […]

  • UK: BMT ARGOSS and TTI Join Forces to Improve OPTIMOOR

    6 October 2011

    BMT ARGOSS, a subsidiary of BMT Group, the international design, engineering and risk management consultancy, has announced a partnership with Tension Technology International (TTI) to develop improved functionality of the OPTIMOOR mooring analysis computer programme. OPTIMOOR is an easy-to-use tool for use by vessel and terminal personnel, as well as port designers and naval architects. […]

  • UK: BMT ARGOSS, TTI to Improve Mooring Analysis Computer Programme

    6 October 2011
    Business & Finance

      BMT ARGOSS, a subsidiary of BMT Group, the international design, engineering and risk management consultancy, has announced a partnership with Tension Technology International (TTI) to develop improved functionality of the OPTIMOOR mooring analysis computer programme. OPTIMOOR is an easy-to-use tool for use by vessel and terminal personnel, as well as port designers and naval […]

  • Wave Hub concludes cable check-up

    4 September 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    Wave Hub has completed the inspection of its subsea cable system installed as part of its wave energy test site infrastructure located off Cornwall in the UK.

  • Irish tidal and wave industry tackle funding

    12 February 2016
    Business & Finance, Research & Development, Technology

    Marine Renewables Industry Association (MRIA), which represents Ireland’s tidal and wave energy sectors, has published a set of recommendations to address funding obstacles encountered by Irish pre-commercial wave and tidal developers.

  • OPT Elects New BoD Member

    23 October 2013
    Business & Finance

    Ocean Power Technologies, Inc., a leading wave energy technology company, today announced that David L. Keller was duly elected to the Company’s Board of Directors at the Company’s Annual Meeting of Stockholders held on October 3, 2013. In addition, David L. Davis and Bruce A. Peacock retired from the Board of Directors effective with the […]

  • USA: DOE Awards USD 1 Million to OPT

    9 September 2013
    Authorities & Government, Business & Finance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced that it has won a $1.0 million funding award from the U.S. Department of Energy (“DOE”) to enhance the commercial viability of its PowerBuoy® wave-energy systems through mechanical component design changes to maximize power-to-weight output ratios and reduce overall installed capital costs. Under the award the […]