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Marine Energy

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Illustration (Courtesy of Minesto)
Marine Energy

Swedish tidal energy company seeks USBL system supplier

Swedish company Minesto has launched a tender for the procurement of a replacement underwater acoustic positioning kit for its tidal energy kite system.

about 4 years ago
Wave Swell Energy’s UniWave200 wave energy prototype (Courtesy of Wave Swell Energy)
Marine Energy

Wave energy as key driver of cost-reduction in hybrid renewable energy systems

New research has found the relative predictability and consistency of wave energy could play a vital role in improving reliability and stability, while also reducing costs in a renewable energy-powered grid.

about 4 years ago
L to R: NREL researchers Casey Nichols and Andrew Simms (Courtesy of NREL/Photo by Werner Slocum)
Marine Energy

NREL advances data collection tools to accelerate development of marine energy industry

Researchers at the National Renewable Energy Laboratory (NREL) have made progress with the development of data-gathering tools to help accelerate the development of marine energy technologies.

about 4 years ago
In focus: Vessel decarbonization efforts picking up pace
Marine Energy

In focus: Vessel decarbonization efforts pick up steam

The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different

about 4 years ago
Illustration/Floating solar park (Courtesy of Seaflex)
Marine Energy

Seaflex and Toledo Solar form floating solar partnership

Seaflex and Toledo Solar have established a collaborative partnership and strategic alliance to further advance floating solar technology and strengthen their position in this increasingly attractive renewable energy sector.

about 4 years ago
Illustration/Floating solar power plant (Courtesy of DNV)
Marine Energy

DVN kicks off two joint industry projects to advance floating solar sector

Two new joint industry projects have been launched to develop standards for how floating solar systems are designed, manufactured, installed and operated in a safe and cost-efficient manner.

about 4 years ago
OPT’s PB3 PowerBuoy (Courtesy of OPT)
Marine Energy

OPT secures US government contract for wave energy-powered unit

Ocean Power Technologies (OPT) has been hired by US government’s commercial services contractor Amentum Services to provide its PowerBuoy solution in support of the security efforts of the country.

about 4 years ago
Minesto's Dragon 4 tidal energy kite (Courtesy of Minesto)
Marine Energy

Minesto remains on schedule for Faroe Islands tidal energy array

Swedish marine energy developer Minesto has informed that the buildout of the world’s first tidal energy kite array in Hestfjord strait is progressing according to plan.

about 4 years ago
The cable was installed using the Maersk Achiever vessel (Courtesy of CorPower Ocean)
Marine Energy

Subsea cable in place for HiWave-5 wave energy connection

CorPower Ocean and Maersk Supply Service have installed a subsea export cable off the coast of northern Portugal to energize the HiWave-5 wave energy project.

about 4 years ago
AW-Energy's WaveRoller wave energy technology (Courtesy of AW-Energy)
Marine Energy

Finnish wave energy company secures DNV certification

Nearshore wave energy technology developer AW-Energy has received certification from the global classification society DNV, confirming the company’s compliance with international standards.

about 4 years ago
Eco Wave Power's ‘EWP-EDF One’ project in Israel (Courtesy of Eco Wave Power)
Marine Energy

Eco Wave Power’s net income grows amid currency fluctuations

Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2022, marking a significant rise in net financial income due to foreign exchange differences.

about 4 years ago
Illustration/AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Marine Energy

SIMEC Atlantis cuts financial losses despite MeyGen tidal power outages

SIMEC Atlantis Energy has decreased the overall financial loss for the first six months of fiscal 2022, despite the results having been adversely impacted by the service outages at the MeyGen tidal energy project.

about 4 years ago
Official business roundtable with Blueleaf Energy and SunAsia (Courtesy of Blueleaf Energy)
Marine Energy

Macquarie Capital plans floating solar investment in Southeast Asia

Macquarie Capital has signed a letter of intent to invest in the development of floating solar projects in the Philippines through its portfolio company Blueleaf Energy.

about 4 years ago
In focus: Are countries caught between energy security and net-zero pledges?
Marine Energy

In focus: Balancing act between energy security and net-zero goals

The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.

about 4 years ago
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