Swedish ocean energy developer Minesto has appointed a new chief financial officer (CFO) who will take over the role as of October. According to Minesto, Alexander Jancke has a strong background in finance with experience spanning nearly ten years as a certified auditor and financial adviser at KPMG
A new project has been launched in Wales to explore combining floating wind turbines, equipped with electrolyzers that produce green hydrogen, and wave energy devices to drive wave energy deployment off the coast of Pembrokeshire and lower its cost by sharing infrastructure. The Milford Haven: Hydro
U.S.-based solar developer Noria Energy has begun construction of a tracker for a 50 kW floating solar pilot project at Fairmount Reservoir in Golden, Colorado. The Aurea Solar project, developed for the Consolidated Mutual Water Company (CMWC), will power onsite pumps that regulate the water supply
Wave energy developer Eco Wave Power has completed operational testing and lowered its floaters into the water for the first time at its U.S. pilot station at the Port of Los Angeles. The milestone marks the company’s entry into the operational phase of its U.S. activities. According to Eco Wave Pow
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 18 projects through its 16th request for technical support (RFTS), representing over $2.7 million in funding. The Technical Support Recipients (TSRs) will receive assistance across numerical modeling, labo
Aberdeen-based ZOEX Power has deployed its wave energy technology for testing in the Black Sea, Türkiye, with initial results showing higher generation than anticipated. According to the company, the system has already produced several hundred kWh, which were used to power electric heaters at its qu
Oslo-headquartered Fred. Olsen 1848 has appointed Francisco Guillermo Vozza as Business Development Director for floating solar. According to Fred. Olsen 1848, Vozza, an energy industry executive with two decades of experience, will be responsible for shaping the company’s global market strategy and
French renewable energy company Qair has secured a $5.7 million (approximately € 4.8 million) senior debt facility from the Facility for Energy Inclusion (FEI), managed by Cygnum Capital, to finance the development, construction, and operation of a 5.8 MWp floating solar plant in Providence Lagoon o
Wave energy developer Eco Wave Power Global and its partner I-KE International Ocean Energy, a subsidiary of Lian Tat Company, have obtained the official land use tender from Suao Port Company for a wave energy pilot station in Taiwan. According to Eco Wave Power, this marks the first time a commerc
Spain-based Astilleros San Enrique, part of Grupo Marina Meridional, has reached a new stage in the construction of the BlueNewables floating solar project with the keel laying of the first of two platforms. The work is taking place at the former Factorias Vulcano site in Vigo. According to local me
UK-based Inyanga Marine Energy Group has appointed Martin Murphy as the new Chair of the Board. Murphy, a Chartered Engineer and experienced CEO, served 12 years in the Royal Navy before moving into senior corporate and entrepreneurial roles in the marine renewables sector, according to Inyanga Mari
U.S.-based marine energy firm Ocean Power Technologies (OPT) has called on New Jersey lawmakers to accelerate support for the state’s emerging marine energy sector during a joint hearing of the New Jersey Assembly Environment, Natural Resources, and Solid Waste Committee and the Senate Environment a
Scottish wave energy company Mocean Energy has signed a memorandum of understanding (MoU) with Netherlands-based floating solar developer SolarDuck to develop hybrid offshore renewable systems combining wave and floating solar power. According to Mocean Energy, the companies, both backed by Norwegia
Wave energy developer Eco Wave Power has completed full installation works for its U.S. pilot project at the Port of Los Angeles, marking a key step toward the first operational testing. According to Eco Wave Power, the scope included full installation of all wave energy floaters, connection of hydr
