Ocean energy continued to advance towards commercialization in 2024, with new data from Ocean Energy Europe (OEE), a network of ocean energy professionals, showing growth across tidal and wave technology pipelines. According to OEE, the pipeline of pre-commercial tidal energy projects expanded furth
Australia’s wave energy developer Carnegie Clean Energy has rolled out a new online portal designed to centralise investor communications and provide regular updates on its key projects. According to Carnegie, the platform, InvestorHub, will host content including project developments, videos, and c
Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE). According to ZCC, the UK startup is developing a bio-ins
Spain-based company Abervian has entered into a strategic collaboration with compatriot engineering consultancy supporting the marine energy sector BlueNewables to support the development of a 1 MW floating solar platform, scheduled for installation in the Port of Valencia, Spain in 2026. The projec
RISEnergy has opened its second transnational access (TA) call for applications, inviting researchers from academia and industry to propose innovative solutions to improve energy systems or cut the life cycle costs of renewable energy technologies. The EU-funded call covers research in key areas, in
The Friesland Province has allocated €625,000 to the PROSIT project, which aims to help the Wadden Islands become partly self-sufficient in energy by harnessing tidal currents. According to the Friesland Province, PROSIT builds on SeaQurrent’s TidalKite demonstration near Ameland. The system uses ti
French floating solar company HelioRec has signed a memorandum of understanding (MoU) with Shoreham Port to develop a floating solar power project in the UK. According to HelioRec, the move supports the port’s decarbonization efforts and aligns with HelioRec’s model of turning unused water space in
UK-based tidal energy company Proteus Marine Renewables (PMR) has confirmed that the AR1500 tidal turbine deployed at the MeyGen site in Scotland exported 372 MWh of electricity in March 2025, marking the turbine’s highest monthly output since it began operations in 2017. According to PMR, the turbi
Nova Scotia is moving ahead with a procurement process to fill two tidal energy berths at the Fundy Ocean Research Centre for Energy (FORCE), located in the Minas Passage. The province has tapped Power Advisory to manage the process, which is expected to begin in May. According to the Nova Scotia go
The UK’s National Oceanography Centre (NOC) has launched an Innovation Hub in Southampton to boost progress in marine autonomous systems and drive sustainable growth in the blue economy. With a £200,000 (approximately $257,000) investment, the facility offers 304 square meters of space equipped with
Ireland-headquartered GKinetic Energy will test its 3 kW waterpower generator at the Ifremer flume tank in Boulogne sur Mer, France, as part of preparations for commercial pilots scheduled for later this year. The testing campaign is supported by the RISEnergy Transnational Access (TA) programme, an
Washington’s Department of Commerce has rescinded a $1.37 million conditional grant for a tidal energy project in Puget Sound following objections from multiple tribal nations. The project, led by Dehlsen Associates’s subsidiary Aquantis, proposed testing a marine turbine for three months in the Sim
French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities. According to Setec, the acquisition expands the company’s service offering in the marine renewables sector and enhances its presence in the
The Basque technology firm IDOM has started testing a new air turbine design at the Mutriku wave power plant as part of the activities of the EuropeWave project. According to the Biscay Marine Energy Platform (BiMEP), the testing is being carried out in the experimental area of the Mutriku facility
