Top news, February 12 – 18, 2018
- Business & Finance
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 12 – 18, 2018.
Minesto is working on adding installation and operations and maintenance (O&M) of Deep Green systems to its patent portfolio, which will enable the company to create licensing deals for Deep Green offshore operations and thus boost the earnings potential for each sold device.
The crowdfunding round launched by the wave energy technology developer Wello through Invesdor is now closed, with the company raising €1,962,558 – just a little below its maximum target of €2 million.
To support its growing wave energy ambitions, Wello plans to launch another funding round after this one, however, the timeline for the next campaign has not yet been specified.
French developer of hydrokinetic technology for both river and ocean application, HydroQuest, will launch the testing of its first two tidal turbines at the SEENEOH site on March 1, when SEENEOH will also inaugurate its tidal test site located on the Garonne river in Bordeaux, France.
Scotland-based Tritec Marine had carried out an engineering analysis of Ocean Energy’s OE Buoy that will be deployed off Hawaii later this year, with the design of the wave energy device now optimizied for the deployment and operation.
The device will be deployed at the US Navy’s Wave Energy Test Site off O’ahu in the fall of 2018, where it will remain on trials for one year.
Following the completion of an initial field research in January 2016, the International Centre of Island Technology (ICIT) and the European Marine Energy Centre (EMEC) have now joined forces to carry out a one-year project focused on finding practical strategies to minimise the impacts of biofouling on the marine renewable energy (MRE) industry.
Biofouling is a major issue for the MRE industry, as it can decrease the efficiency of energy generation and lead to corrosion which can reduce the survivability of technologies, EMEC states.
Tidal Energy Today