Eco Wave Power has reported a wider net loss for the first quarter of 2020 with no revenues and increased costs. The wave energy technology firm booked a loss of SEK 4.4 million (USD 466,000/EUR 419,000), increasing from SEK 1.7 million a year earlier. Operating costs almost doubled to SEK 1 million
The Scottish and Welsh ocean energy test centres EMEC and META have strengthened ties to expand the UK network. Namely, the European Marine Energy Centre (EMEC) in Orkney has signed an agreement with Marine Energy Wales to provide further support to the Marine Energy Test Area in Pembrokeshire, Wale
The US National Renewable Energy Laboratory (NREL) scientists have fabricated a solar cell with an efficiency of nearly 50 per cent. The six-junction solar cell now holds the world record for the highest solar conversion efficiency at 47.1 per cent, measured under concentrated illumination. A variat
Saipem has signed a memorandum of understanding with Cassa Depositi e Prestiti to jointly evaluate the launch of innovative and sustainable projects aimed at promoting the energy transition in Italy and abroad. The initiatives, focused on decarbonisation, circular economy and energy efficiency, will
German developer SINN Power will offer solar panel manufacturers the opportunity to demonstrate and test their PV modules on a floating platform in Iraklio, Greece. The goal is to internationalise SINN Power’s ocean hybrid platform as a complete off-grid energy solution. The company has worked on in
The Marine Energy Event 2018 provided a market outlook for marine renewable energy projects – focusing on the developments in wave, tidal, ocean thermal, and salinity gradient power generation at that time. Watch the contributions from: Andre Hoogeveen (Project Manager, BAM), Martin Edlund (CEO, Min
MarineEnergy.biz has compiled the top news from marine energy industry from March 23 – March 29, 2020. https://marineenergy.biz/2020/03/27/scotland-awards-1m-for-wave-energy-research/ https://marineenergy.biz/2020/03/25/saltire-backs-atlantis-subsea-hub/ https://marineenergy.biz/2020/03/23/work-star
The energy transition is one of the greatest challenges of our time. A large part of the energy transition takes place at sea and sustainable innovations reshape the maritime sector. Our communities, the offshore, maritime and energy industry, are front runners in this change. Navingo believes that
Eco Wave Power (EWPG Holding) has installed a new combined wave and solar system in the EWP grid connected wave energy power station in Gibraltar. Eco Wave Power integrated eight solar panels on the surface of its eight floaters, operational in Gibraltar. Each panel has the installed capacity of 330
MarineEnergy.biz has compiled the top news from marine energy industry from March 16 – March 22, 2020. https://marineenergy.biz/2020/03/20/saipem-and-equinor-eye-offshore-floating-solar/ https://marineenergy.biz/2020/03/16/eco-wave-power-wraps-up-conversion-unit-wave-simulation-trials/ https://marin
Saipem and Equinor have signed a cooperation agreement to develop a floating solar panel park technological solution for near coastal applications. As reported earlier, the technology will be based on the in-house developed concept by Moss Maritime, part of Saipem’s XSIGHT division. It is a modulari
MarineEnergy.biz has compiled the top news from marine energy industry from March 09 – March 15, 2020. https://marineenergy.biz/2020/03/11/opt-powerbuoy-for-subsea-vehicle-residency/ https://marineenergy.biz/2020/03/11/dnv-gl-backs-norwegian-floating-solar-plant-design/ https://marineenergy.biz/2020
DNV GL has awarded a conformity statement to Norwegian solar energy company Ocean Sun for its floating solar design methodology. The conformity statement is the first of its kind and was issued following a verification process which sets the standard for the expansion of floating solar globally and
Marine and engineering consultancy LOC Group said it has made further progress into the growing floating solar photovoltaic market in Asia and Europe. Post the acquisition of INNOSEA in 2018, LOC has been involved in more than 300MWp of FPV projects in Asia and Europe. The company’s first project in
