Australian developer Carnegie has released a video related to its recently developed ‘Wave Predictor’ technology. The video explains how it works, the benefits to Carnegie’s CETO technology and also what it offers to other industries. Carnegie’s Wave Predictor is a piece of machine learning software
Eco Wave Power said it has seen improvements in power output and significant cost reductions for its grid-connected wave energy power plant in Gibraltar. As a result of an upgrade of the automation and control system, as well as experience gained in operations and maintenance, Eco Wave Power said it
Italian cabling specialist Novacavi has recently developed and manufactured a prototype of a custom-engineered cable solution for an innovative floating solar electricity system for marine environment installed in Oslo fjord, Norway. Being challenged by its specific permanent application on top of f
The Center for the Fourth Industrial Revolution and the Ocean (C4IR Ocean) is working to promote a sustainable ocean and is partnering with Microsoft to develop technology-based solutions to improve ocean health. Aker and the World Economic Forum are behind C4IR Ocean, which is part of a global netw
One of the UK’s leading offshore renewable energy academics has been admitted to the Fellowship of the Royal Academy of Engineering. Professor Deborah Greaves OBE has been working in the sector for more than two decades. She is currently director of the UK’s Supergen Offshore Renewable Energy (ORE)
Irish hydrokinetic turbine developer GKinetic Energy has successfully secured an Indonesian patent. GKinetic also has patents in Europe, Australia, China as well as the USA. It enables the company to enter key markets with viable tidal energy potential to further develop the technology. According to
Ocean Power Technologies (OPT) has executed a new common stock purchase agreement with Aspire Capital Fund. The new deal will sea OPT sell up to $12.5 million in common stock to Aspire Capital over a term of 30 months. This follows a $10-million purchase agreement from October last year. OPT also in
The European Marine Energy Centre (EMEC) is seeking tenders for IT support for the entire organisation. A single-supplier framework agreement is for a period of 3 years and with the option of two one-year extensions. EMEC will keep the tender open until 16 October 2020. The IT support contract, valu
Eco Wave Power (EWP) has established EW Portugal – Wave Energy Solutions, Unipessoal lda, a wholly owned subsidiary in Porto, Portugal. This move should enable EWP to commence official licensing procedures for its planned 20MW wave energy project in Portugal. This is part of the company’s concession
French tidal energy developer HydroQuest is joining the Ocean Energy Europe board of directors as a lead partner. Specifically, HydroQuest will be represented by Guillaume Gréau, head of business development. Building on a decade’s experience in developing river current turbines, in 2016 HydroQuest
Finnish technology developer Wello has chosen the Basque test site to trial its latest Penguin wave energy converter. This year, Wello will install its floating WEC at the BiMEP marine energy test site off the coast of Armintza. Consequently, a deal was signed this month and the device should be ins
The Supergen Offshore Renewable Energy Hub is inviting applications for the Early Career Researcher (ECR) Research Fund. The fund is designed to be a flexible research fund for ECRs to support small activities that either supports and develops existing research activities, or develops skills further
Ocean Power Technologies (OPT) has recorded around 13 per cent increase in net loss for the first quarter of fiscal 2021 as compared to the same period last year. The Q1 of FY21 net loss was $3.4 million, against $3 million in the prior-year comparable period. According to OPT, the loss was specific
Pembrokeshire Coastal Forum (PCF) is looking for insurance broker to provide cover for third party liability risk and removal of wreck activities for both PCF/META and META clients. A Marine Energy Test Area (META), led by Marine Energy Wales within the Milford Haven Waterway, will enable technology
