The Netherlands-based tidal and wave energy developer Symphony Wave Power has signed a memorandum of understanding (MoU) with compatriot firm ONE-Dyas to advance testing of its wave energy technology for offshore power applications in the Dutch North Sea. With deployment targeted for 2027, the compa
Australian wave energy developer WaveX is approaching completion of its current seed raise, securing 82% of its targeted funding round ahead of the June 30, 2025 deadline. The Perth-based company has partnered with LIQUIDITY as lead manager to finalize the seed raise. The final push is said to get W
France-based Legendre Group has started constructing the first full-scale demonstrator for the Dikwe project in Boulogne-sur-Mer, northern France, in collaboration with GEPS Techno. Supported by ADEME and the Région Hauts-de-France, the initiative aims to integrate wave energy generation into coasta
The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi
Swedish tidal energy developer Minesto has secured a SEK 22 million (approximately $2.3 million) loan from Fenja Capital to be used as working capital for its ongoing operations and business development. According to Minesto, the loan has a four percent set-up fee and a one percent monthly interest
French marine renewables consultancy Innosea is rebranding as OWC, finalizing its integration into the ABL Group’s global renewable energy advisory unit. The move consolidates Innosea’s research and development (R&D) and engineering capabilities under the OWC name, while structural, hydrodynamics, a
Norwegian company Havkraft has reported an energy conversion rate of over 80% from its latest lab test of a scaled wave power converter model, marking the firm’s most efficient result to date. The model was tested at Stadt Towing Tank in Måløy, where recent geometric adjustments led to a performance
BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, has reached several development milestones in its PV-BOS floating solar project, progressing toward offshore deployment. The company confirmed that steel cutting for the first PV-BOS platform took place at San Enriq
Canadian Wave-powered desalination innovator Oneka Technologies has secured one of the regulatory approvals needed to move forward with its wave-powered desalination pilot project off the coast of Fort Bragg, California. According to Oneka Technologies, the Fort Bragg Planning Commission unanimously
Scotland-based Nova Innovation has achieved triple ISO accreditation covering its quality, environmental, and health & safety management systems. The company said the certifications confirm its commitment to improving internal operations while aligning with internationally recognised standards. “It’
Wave energy developer Eco Wave Power is finalizing the manufacturing phase of its first U.S. pilot wave energy project, set to be installed at the Port of Los Angeles in July 2025. Eco Wave Power said that during a site visit to its U.S. manufacturing partner, California-based All-Ways Metal, CEO In
Swedish tidal energy developer Minesto’s upgraded Dragon 12 tidal energy device, deployed in Vestmannasund, Faroe Islands, has reached a performance milestone, delivering a 25% increase in power output following the installation of a longer tether. According to Minesto, the ten-meter extension to th
French wave energy developer Seaturns has signed an agreement with the OPEN-C Foundation to deploy a full-scale wave energy demonstrator at the SEM-REV offshore test site near Le Croisic, with installation scheduled for summer 2025. According to Seaturns, the move follows the completion of reduced-s
Nova Scotia has launched a competitive process to attract new tidal stream energy projects at Canada’s lead research facility for tidal stream technology, Fundy Ocean Research Center for Energy (FORCE). The process, administered by Power Advisory, seeks projects between 5 MW and 8 MW. Applicants may
