Swedish developer Minesto has raised $8.95 million (SEK 72.5 million) in a share rights issue that will be used to support the company’s upcoming tidal energy activities.
The European Union (EU) can increase the share of renewable energy in its energy mix to 34% by 2030 with a net positive economic impact, a report by the International Renewable Energy Agency (IRENA) has found.
Welsh Secretary Alun Cairns visited some of Pembrokeshire’s leading marine renewables tech firms to underline his support for the sector and highlight the importance of the UK government’s City Deal to future economic growth in the region.
Malin Group has completed the fabrication of the buoy which will provide a critical support function to the operation of the first Minesto’s commercial-scale Deep Green tidal power plant.
Dutch tidal energy developer Tocardo has secured investment from a fund owned by Noord-Holland province after the company filed for bankruptcy last month.
Researchers from the Washington University’s Applied Physics Laboratory (APL-UW) are conducting tests on a small wave energy converter test platform whose results could make a contribution to the greater marine renewable energy community.
The government of Nova Scotia has welcomed federal government’s investment in the creation of ocean business supercluster that will be based in Atlantic Canada region.
Technical Director of the marine data acquisition company Partrac, Kevin Black, will be revisiting the chief findings of TiME project at this year’s Oceanology International Exhibition and Conference (Oi 2018).
The government of Canada has announced C$950 million ($757 million) investment in five business innovation superclusters including the one established to advance ocean-based industries.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 12 – 18, 2018.
Following the completion of an initial field research in January 2016, the International Centre of Island Technology (ICIT) and the European Marine Energy Centre (EMEC) have now joined forces to carry out a one-year project focused on finding practical strategies to minimise the impacts of biofoulin
British developer Global OTEC Resources launched a crowdfunding campaign today (February 16) to enable moving forward with detailed designs, environmental impact assessments and site studies, after the company teamed up with DWR Offshore and signed four memorandums of understanding with resorts in t
Scotland-based Tritec Marine had carried out an engineering analysis of Ocean Energy’s OE Buoy that will be deployed off Hawaii later this year, with the design of the wave energy device now optimizied for the deployment and operation.
French developer of hydrokinetic technology for both river and ocean application, HydroQuest, will launch the testing of its first two tidal turbines at the SEENEOH site on March 1, when SEENEOH will also inaugurate its tidal test site located on the Garonne river in Bordeaux, France.
