Swedish tidal energy player, Minesto, has reported an increase in net revenue of 22% for the year 2015.
Ente Vasco de la Energía (EVE), the Basque energy agency, has allocated €500,000 for projects in the marine renewable energy sector for this year.
European Marine Energy Centre (EMEC) has expanded its team, while making a few internal job changes.
Aberdeen-based subsea cable and connection specialist Hydro Group has expanded its premises by investing £2 million in a new facility, set to open in spring 2016.
The annual All-Energy 2016 conference is putting renewable energy, including wave and tidal, in the spotlight at this year’s event to be held in May, in Glasgow.
Witt Energy has overfunded by more than £1 million on its equity raise campaign, prompting the company to extend the duration of the campaign to further capitalise on investment interest.
Orkney-based energy and environmental consultancy Aquatera has further strengthened ties with Japan by becoming a member of a marine energy association in the country, and entering into a partnership with a Japanese offshore operations company.
International course on marine renewable energy was recently held for the first time in the Netherlands which covered the latest in tidal and wave, salinity gradient and ocean thermal energy conversion (OTEC) technologies.
The OCEANIC Project has been granted €1 million though the first OCEANERA-NET funding call to develop protective coatings for ocean energy technology.
Marine Management Organisation (MMO) is consulting the public on the first documents to be published as part of the north east, north west, south east, and south west marine plans for England.
Sustainable Energy Authority of Ireland (SEAI) has launched Sustainable Energy Awards 2016 encouraging organizations, businesses or communities who have achieved energy savings through efficiency or renewable energy to enter.
The UK Marine Energy Conference 2016 will focus on accelerating marine energy as a viable energy alternative and maintaining the UK’s position at the forefront of this emerging market.
Israeli wave energy developer, Eco Wave Power (EWP), is exploring options to deploy its wave energy technology off Cyprus.
Swedish tidal energy developer Minesto and German tidal turbine manufacturer Schottel Hydro have completed the turbine design for Minesto’s Deep Green tidal power plant.