Innovate UK, the UK’s innovation agency, has provided £297,000 in grant funding for Eco Wave Power Gibraltar-led project to develop a wave powered micro-grid system that will eventually be tested on the islands of Thailand.
Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a memorandum of understanding (MoU) to accelerate development of their tidal energy sites in UK and France.
Clime Capital, a Singapore-based investment management company in charge of SEACEF funding, has invested in the development of a floating solar and storage project in Dong Nai Province in Vietnam.
Deftiq and MET-support have developed a number of free offshore renewable energy e-learning courses as part of the Energising Coastal Regions with Offshore Renewable Energy (ENCORE) project.
The Danish Energy Agency has started the tender process for the forthcoming 428MW technology neutral auction under which both offshore wind and wave energy projects are eligible to apply.
Spanish senior energy officials have highlighted wave energy opportunities in the Basque Country region during their visit to Finish developer Wello’s Penguin wave energy device presently moored at the Bilbao Port.
Swedish-Israeli wave energy company Eco Wave Power has secured a grant from the Wohl Clean Growth Alliance to work with Queen Mary University of London on further advancement of its wave energy technology.
The U.S. Department of Energy’s (DOE) Office of Technology Transitions has awarded funding for a research project that will seek to optimise non-toxic coatings for control of biofouling and corrosion on marine energy devices and facilities.
UK-based renewable energy technology company WITT has secured a £350,000 contract with the Defence and Security Accelerator (DASA) to develop energy harvesting technology for the subsea environment.
With the support of several European Union-funded research projects, the French wave energy start-up Seaturns has made significant advancements in the development of its wave energy technology, brining it only one step short of demonstration in real sea environment.
Old habits die hard. Hence, it may be a lot more difficult for the offshore energy industry and the maritime sector to make peace with the transition they have to undergo and renounce previous business practices. The message was echoed in this week’s protest of Greenpeace environmental activists, wh
U.S.-based marine energy company Ocean Power Technologies (OPT) has increased its exposure to potential institutional investors with the listing on London Stock Exchange-owned FTSE Russell Microcap Index.
Swedish-Israeli company Eco Wave Power has started collecting wave data offshore Porto for its planned wave energy project in the northwest region of Portugal.
Verdant Power’s grid-connected tidal power demonstration project in New York City has exceeded performance projections by every measure as it reaches the record for the most marine renewable energy produced in the United States.
