Swedish-Israeli onshore wave energy technology company Eco Wave Power has released financial results for 2020, which show a slight decrease in net loss compared to the results posted a year earlier.
Ocean Energy Europe (OEE) has released a statistics report for ocean energy sector in 2020 which shows that in spite of the inevitable delays and restrictions caused by Covid-19, ocean energy devices still hit the water, significant investments deals were signed, and new manufacturing facilities lau
IECRE has launched a survey to better understand the growing needs for certification in the marine energy sector and develop corresponding services by certification bodies and test facilities worldwide.
Project SafeWAVE, supported by €1.5 million from the European Maritime and Fisheries Fund (EMFF), has been officially launched with the aim to address the environmental concerns related to wave energy technologies.
Researchers from the University Otto von Guericke of Magdeburg in Germany are developing turbine blades with special integrated drives which could boost the efficiency of extracting clean power from the tides.
Swedish tidal energy developer Minesto has partnered up with engineering and PLM company TECHNIA to ensure sustainable product design and development for global market.
Swedish company CorPower Ocean has secured a private investment of €9 million, bringing total equity funding to support the demonstration of its first commercial-scale wave energy device in the flagship HiWave-5 project to over €20 million. The investment round was led by Midroc New Technology and
Eco Wave Power, a Swedish-Israeli wave energy developer, won the public vote for this year’s Global Innovation Award at Abu Dhabi Sustainability Week.
The EU-funded VALID project has launched a survey to gather industry input for the accelerated testing requirements for wave energy developments.
Danish clean energy technology start-up Exowave has won an Innovation Fund Denmark grant for its project that combines wave energy with desalination for fresh water production.
Scotland-based clean energy solutions provider Logan Energy has won a public tender contract with Welsh social enterprise Menter Môn to support the delivery of a hydrogen production plant, refuelling and distribution hub in Holyhead, North Wales.
AqualisBraemar LOC Group is acquiring East Point Geo, a UK-based geoscience consultancy in the offshore and onshore renewable energy and oil and gas sectors. AqualisBraemar LOC, which has entered into a definitive agreement to obtain 100 per cent of the share capital of East Point Geo Limited, said
Sustainable Energy Authority of Ireland (SEAI) has launched a €10 million funding call to support innovative energy RD&D projects, including ocean energy, offshore wind and green hydrogen-related developments.
Ocean Energy Europe (OEE) has appointed risk and insurance consultancy Renewable Risk Advisers to design a brand-new European insurance fund for the ocean energy sector as part of the EU-funded OceanSET project.
