Building an ocean energy industry in Europe will require innovative financing tools to channel public and private investment in the most efficient way, according to a report launched today.
DP Energy and Floating Power Plant (FPP) have established a joint venture to evaluate and later develop sites in Scotland and Wales that would harness the energy from both winds and waves.
An €11 million EU-funded FORESEA initiative has selected ten ocean energy developers to demonstrate their technologies at Europe’s world-leading ocean energy test facilities free of charge.
Tidal Sails, a Norwegian tidal energy developer, has concluded the testing of its scaled prototype TackReach tidal energy device.
UK wave energy developer Wave-tricity has hired Mainstay Marine Solutions to build its Ocean Wave Rower wave energy device.
The open ocean conditions found in Orkney can now be replicated at FloWave test tank as a result of a three-year research collaboration between the European Marine Energy Centre (EMEC) and FloWave Ocean Energy Research Facility.
European Commission has backed the Swedish wave energy developer CorPower Ocean with €4 million for its WaveBoost project.
Wales’ profile as a location suitable for the international development and deployment of marine energy devices and technologies will be promoted at the Ocean Energy Europe 2016 Conference & Exhibition in Brussels this week.
Anders Jansson has been named Commercial Director of the Swedish wave energy company CorPower Ocean.
Carnegie Wave Energy has secured £9.6 million from the European Regional Development Fund (ERDF) for the first phase of its planned 15MW commercial wave energy project at Wave Hub.
Marine Power Systems (MPS) and Swansea University collaboration on wave energy project has been declared a winner of the research and development category at the Insider’s Business and Education Partnerships Awards 2016.
Marine Renewables Canada (MRC) has created an online supply chain database aiming to strengthen the links within marine renewable energy industry.
The Offshore Energy Research Association of Nova Scotia (OERA) and France Energies Marines (FEM) have signed a memorandum of understanding to collaborate on research projects to improve technologies and applications for tidal energy in the Bay of Fundy and off the coast of France.
The Sustainable Energy Authority of Ireland (SEAI) has joined Ocean Energy Europe (OEE) as a lead partner to help drive the development of Europe’s ocean energy industry.
