The crowdfunding round launched by the wave energy technology developer Wello through Invesdor is now closed, with the company raising €1,962,558 – just a little below its maximum target of €2 million.
Minesto is working on adding installation and operations and maintenance (O&M) of Deep Green systems to its patent portfolio, which will enable the company to create licensing deals for Deep Green offshore operations and thus boost the earnings potential for each sold device.
The International Council for the Exploration of the Sea (ICES) has organized a workshop on marine renewable energy that will be held in Norway.
Oregon Department of Energy (ODOE) has made a share of its $2 million grant funding for renewables available for tidal and wave energy projects.
Senior executives in Minesto have acquired 640,000 warrants under the employee stock option plan PO3.
Jones Bros Civil Engineering UK has released a time lapse video of the flotation of the gravity base structure the company built for Minesto’s Deep Green tidal energy installation.
Edinburgh-based renewable energy developer Atlantis Resources has raised over £1 million in its ongoing bond offer launched two weeks ago.
US President Donald Trump has unveiled the budget request for fiscal year 2019 under which he proposed a $1.3 billion funding cut to the country’s office of energy efficiency and renewable energy.
Canada’s national association for wave and tidal energy, Marine Renewables Canada, has added offshore wind to its mandate as it looks to explore the similarities between the resources to advance the sector as a whole.
Ocean Energy Systems (OES) has published a paper that describes the state of knowledge that drives permitting processes for the marine renewable energy (MRE) industry and its effects on the development of sector.
Sourcing the inspiration from the pitch control of wind turbine blades, National Renewable Energy Laboratory (NREL) researchers have developed a new design for wave energy converters.
The Coastal Communities Fund (CCF) has opened the fifth round of funding for projects that will support the economic development of coastal communities in Wales.
The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has organized a webinar dedicated to exploring grant funding support mechanisms for energy technologies at early stages of development.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 5 – 11, 2018.