Swansea-based Marine Power Systems (MPS) has reached a £1.5m crowdfunding target in just two weeks after launching and then moved into overfunding, now at over £2m. The company also obtained support from WEFO with £12.8m of EU funding which has been supporting them with this phase since being awarde
CorPower Ocean has appointed Miguel Silva as head of its Portuguese operation. The news comes after CorPower revealed plans for a new EUR 16 million R&D, Manufacturing and Service Centre in Viana do Castelo, Portugal, becoming a core focus for the firm’s HiWave-5 Project with a showcase pilot wave f
Ocean Power Technologies’ (OPT) PB3 PowerBuoy ,operating in the Adriatic Sea, has surpassed 600 days of continuous operation for Eni’s Phase 1 resident autonomous underwater vehicle (AUV) project. “The PB3 PowerBuoy continues to validate its durability as a proven marine power asset,” said George H.
The European Marine Energy Centre (EMEC) has been designated with Renewable Energy Testing Laboratory (RETL) status, the highest international designation for marine energy test laboratories. RETL designation is awarded by the International Electrotechnical Commission – Renewable Energy System (IECR
Wave energy technology pioneer, Bombora, has recruited Rembrandt Niessen as chief commercial officer and James Thadchanamoorthy as chief financial officer. The Pembroke Dock based marine energy company is strengthening its team to bolster in-house commercial capability, resource, and focus. With the
Marine Energy Wales (MEW) has supported the Morlais tidal demonstration project’s Phased Approach to deploying devices in the test zone. The emphasis is placed on a targeted environmental monitoring programme designed to identify and mitigate adverse impacts on the marine environment and other users
A warrant program in Minesto aimed at the European investor EIT InnoEnergy has been completed. A total of 8,513,595 shares were subscribed for in Minesto through the warrant program. Through investments totaling EUR 5.5 million during the years 2015–2018, EIT InnoEnergy has received a total of 8,513
Eco Wave Power has secured the engineering coordination permit from the Municipality of Tel-Aviv Jaffa for the deployment of the grid connection works of the EWP-EDF One wave energy project in the Port of Jaffa, Israel. This permit allows Eco Wave Power to proceed with the path towards electric cabl
Orbital Marine Power, working with Thompsons of Prudhoe and Port of Blyth, has decommissioned its 2MW SR2000 floating tidal turbine. Heavy lifter Mammoet managed the tandem lift of the 516-tonne structure out of the water and onto the Blyth quayside. It was also the port’s largest heavy lift to date
INNOSEA, a part of LOC Group, has been invited to join the Floating Solar JIP consortium, a group of 23 leading companies in the renewable energy arena. Led by DNVGL, the consortium is aiming to develop the first recommended practice for the development of floating solar power projects; creating the
The new EU Strategy on Offshore Renewable Energy must include a target of 100MW of ocean energy installed in Europe by 2025, Ocean Energy Europe reported. This would be enough to power 100,000 European homes a year, and would pave the way for installing 3GW by 2030 and 100GW by 2050. This target wou
Sustainable Marine Energy (SME) will supply three next generation PLAT-I floating tidal energy systems, with a rated power output of 420kW each, to project entity Spicer Marine Energy. Spicer Marine Energy has signed a design build and operate (DBO) agreement with reconcept GmbH for the first phase
The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon capture and storage, could deliver around 30 per cent of the UK’s total carbon reduction requirements needed to meet the 2050 net-zero target, the OGA said.
UK-based manufacturer of marine monitoring systems Ocean Scientific International Ltd (OSIL) have achieved an export milestone for global sales. Now exporting to over 100 countries, OSIL’s global customer base is ever expanding despite a challenging climate. The latest export country was Georgia wit
