CorPower Ocean’s Portuguese operation continues to gather pace with the qualification of its composite hull fabrication facility, ahead of the flagship HiWave-5 deployment later this year.
Dutch-based technical specialist in the metallurgical industry Multimetaal has announced plans to invest in compatriot company Teamwork Technology to further advance its Symphony wave energy device.
Innovate UK, the UK’s innovation agency, has provided £297,000 in grant funding for Eco Wave Power Gibraltar-led project to develop a wave powered micro-grid system that will eventually be tested on the islands of Thailand.
Norwegian provider of exhaust gas cleaning systems Yara Marine Technologies has secured a new retrofit deal with bulker owner and operator Berge Bulk for additional in-line scrubbers. The companies have already cooperated on scrubber installations with Yara Marine already having installed in-line sc
Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a memorandum of understanding (MoU) to accelerate development of their tidal energy sites in UK and France.
Clime Capital, a Singapore-based investment management company in charge of SEACEF funding, has invested in the development of a floating solar and storage project in Dong Nai Province in Vietnam.
Swedish-Israeli wave energy company Eco Wave Power has secured a grant from the Wohl Clean Growth Alliance to work with Queen Mary University of London on further advancement of its wave energy technology.
UK-based renewable energy technology company WITT has secured a £350,000 contract with the Defence and Security Accelerator (DASA) to develop energy harvesting technology for the subsea environment.
With the support of several European Union-funded research projects, the French wave energy start-up Seaturns has made significant advancements in the development of its wave energy technology, brining it only one step short of demonstration in real sea environment.
Swedish-Israeli company Eco Wave Power has started collecting wave data offshore Porto for its planned wave energy project in the northwest region of Portugal.
Rolls-Royce and MAN Energy Solutions have signed an agreement for a strategic partnership that will see MAN’s PBST brand distribute mtu turbochargers.
The technology group Wärtsilä has signed a Memorandum of Understanding (MOU) with Global Energy Ventures (GEV) of Australia to cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen (C-H2) ships. The cooperation aims at advancing GEV’s Approval in Principle (AiP) appl
Independent company for development, simulation and testing AVL has conducted an initial training session with project partners for the instrument that will help develop the VALID wave energy hybrid testing platform.
Norwegian engineering and equipment development company TECO 2030 ASA has raised NOK 20 million ($2.3 million) through a private placement of 3.2 million of new shares. The shares were issued at a price of NOK 6.164 per share to three new investors. “We intend to use the net proceeds from the privat
