The Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has teamed up with the Brandenburg University of Technology Cottbus-Senftenberg (BTU) and RWE Renewables to test several floating photovoltaic (PV) systems with different structure designs on open waters.
Swedish-Israeli onshore wave energy developer Eco Wave Power has closed its underwritten initial public offering (IPO) on Nasdaq, collecting $9.2 million in gross proceeds.
Sustainable Marine’s new turbine rotors have proven they can survive for two decades in the field, following rigorous tests at marine energy centre of the National University of Ireland.
The European Marine Energy Centre (EMEC) has, on behalf of Orbital Marine Power, opened up a consultation on the decommissioning programme for the second 2MW floating tidal turbine – the O2.2 – planned for Orkney waters.
Dutch tidal energy company SeaQurrent has made progress with the preparation of the test site offshore the island of Ameland in the Wadden Sea ahead of the upcoming demonstration of its full-scale TidalKite device.
Swedish marine energy developer Minesto has improved power production performance through upgrades and modifications of its DG100 tidal kite system, as key aspects of test operations and electricity production get third-party verified by DNV.
Wave Energy Scotland (WES) has selected three companies to share nearly £1.8 million to demonstrate their quick connection systems which are expected to bring down the cost of wave energy.
The EU-backed MaRINET2 project has set up a short course for the offshore renewable energy sector to explore methods for environmental data collection at marine renewable energy (MRE) sites.
The €20 million EuropeWave project has invited wave energy developers to apply for funding via its innovative pre-commercial procurement (PCP) programme.
Dutch tidal energy company Tocardo and U.S.-based marine energy developer C-Power have made it to the Greenbackers Investment Capital’s final list of technology start-ups to take part in an innovative six-month international investment programme.
The latest developments from the offshore energy industry related to the ongoing energy transition.
SIMEC Atlantis Energy, the developer of the MeyGen tidal energy project, has reduced the financial losses for 2020 – the year in which MeyGen tidal array exported over 37GWh of clean power to the UK grid, breaking every record for tidal energy production set so far.
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
Swedish-Israeli wave energy company Eco Wave Power Global (EWPG) has opened the initial public offering (IPO) of shares on Nasdaq in the United States, targeting $8 million in proceeds.
