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.
The Marine Energy Engineering Centre of Excellence (MEECE) and ORE Catapult have launched an innovation challenge to find solutions for tracking underwater species behaviour and movements in and around tidal stream turbines.
Innosea has been appointed to a consortium led by Suntrace, tasked with the development and tender support of a marine floating solar photovoltaics project (FPV) in the Maldives.
Dutch tidal energy company Tocardo has received hydraulic power packs (H-boxes) from Hydroton Engineering that will form part of the hydraulic brake system for T-1 tidal turbines on Subhub platform.
Members of the House of Commons Scottish Affairs Committee have visited the European Marine Energy Centre (EMEC) to gather further evidence on the progress of renewable energy in Scotland.
CorPower Ocean’s Portuguese operation continues to gather pace with the qualification of its composite hull fabrication facility, ahead of the flagship HiWave-5 deployment later this year.
Dutch-based technical specialist in the metallurgical industry Multimetaal has announced plans to invest in compatriot company Teamwork Technology to further advance its Symphony wave energy device.
