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Marine Energy

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Business Developments & ProjectsCollaborationMarket OutlooksOutlook & StrategyAuthorities & GovernmentInnovationRegulation & PolicyResearch & DevelopmentTechnologyHydrogenTidal & Wave EnergyEnvironmentInfrastructureStorageTransitionHuman CapitalBusiness & FinanceOffshore WindFossil EnergySubseaOperations & MaintenanceProject & Tenders
Illustration/SIMEC Atlantis' AR1500 tidal turbine (Courtesy of SIMEC Atlantis Energy)
Marine Energy

IEA-OES releases 2020 annual report on ocean energy

Ocean Energy Systems (OES), a technology collaboration programme within the International Energy Agency (IEA), has provided an overview of ocean energy activities in 2020 in its newly released annual report.

about 5 years ago
Photo of ORPC engineers at work during maintenance and retrieval of RivGen device (Courtesy of ORPC)
Marine Energy

ORPC bags $3.6M in grant funding to advance tidal technology

Ocean Renewable Power Company (ORPC) has secured a $3.6 million grant from the U.S. Department of Energy’s Water Power Technologies Office to build, test, and operate a modular current energy converter.

about 5 years ago
OceanBased CEO
Marine Energy

Marine energy to green hydrogen: OceanBased strikes deal with Summit Worx

South Florida-based ocean energy company OceanBased Perpetual Energy has signed a four-year contract to produce commercial-grade green hydrogen for South Carolina engineering firm Summit Worx. OceanBased will produce hydrogen using electrolysis powered solely by electricity generated from the perpet

about 5 years ago
Seabase Jason Bayne director of installation and commissioning
Marine Energy

Seabased boosts installation and commissioning

Swedish wave energy developer Seabased has engaged Jason Bayne as director of installation and commissioning. Bayne brings more than 20 years of experience in subsea construction and installation, including project management and offshore execution for many projects that were the first of their kind

about 5 years ago
Photo of QED Naval’s Subhub platform (Courtesy of QED Naval)
Marine Energy

Crowdfunding brings in over £1M for QED Naval

Scottish marine energy specialist QED Naval has secured over £1 million in a crowdfunding campaign on Seedrs platform.

about 5 years ago
Illustration/OPT's PB3 operating in the North Sea for Premier Oil (Courtesy of OPT)
Marine Energy

OPT deepens third quarter loss

US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss by $0.3 million in the third quarter of fiscal 2021 as compared to the same period a year earlier.

about 5 years ago
GKinetic’s hydrokinetic device (Courtesy of GKinetic Energy/Photo Credit: Sean Curtin, True Media)
Marine Energy

GKinetic secures Canadian patent

Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection for its technology in Canada.

about 5 years ago
Photo of Verdant Power installing tidal turbines as part of RITE Project (Courtesy of Verdant Power)
Marine Energy

Verdant Power shuffles board

US-based tidal energy developer Verdant Power has appointed a new chairman and four additional members to its board of directors as the company focuses on global commercialization.

about 5 years ago
Illustration (Courtesy of CorPower Ocean)
Marine Energy

Western Star to light the way for Ireland’s floating wind and wave

Simply Blue Energy has started developing the Western Star project that will feature a hybrid floating offshore wind farm and wave energy conversion array off the west coast of Ireland.

about 5 years ago
Illustration (Courtesy of MaREI)
Marine Energy

IMPACT bags €3.3M for advanced testing of wave energy technologies

A new collaborative research and innovation project IMPACT has received €3.3 million from the European Union’s Horizon 2020 programme to develop and demonstrate the next generation testing approach for wave energy converters.

about 5 years ago
A concept for wave-powered renewable energy system for subsea equipment (Courtesy of Mocean Energy)
Marine Energy

Energy companies invest £1.6M in wave-powered demo for subsea projects

Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.

about 5 years ago
Photo of Minesto's DG100 device (Courtesy of Minesto)
Marine Energy

Minesto up and running again in the Faroe Islands

Swedish marine energy developer Minesto has resumed operational activities on its DG100 tidal power plant in Vestmannasund in the Faroe Islands.

about 5 years ago
Photo of Eco Wave Power's wave energy technology (Courtesy of Eco Wave Power)
Marine Energy

Eco Wave Power eyes Nasdaq US listing

Swedish-Israeli wave energy company Eco Wave Power has confidentially submitted a draft registration statement for the proposed listing on Nasdaq US stock exchange market.

about 5 years ago
Illustration/Mocean Energy's wave energy tech (Courtesy of Wave Energy Scotland)
Marine Energy

WES outlines EuropeWave project plans

Wave Energy Scotland (WES) has unveiled details about the expected starting date and the proposed scope for the upcoming pre-commercial procurement (PCP) process for the EU-funded EuropeWave project.

about 5 years ago
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