Even though insufficient solid state transformer testing infrastructure and high cost are hampering the growth of the global market, several factors have been recognised as drivers of the solid state transformer market growth, including tidal energy, according to a report issued by Zion Market Resea
Envirotek, a Singapore-based clean-technology investment company, aims at leading the development of tidal in-stream energy projects in Southeast Asia, the company said following the deployment of a floating tidal energy platform featuring Schottel SIT 250.
The European Investment Bank (EIB) added Atlantis Resources’ MeyGen Phase 1B, also known as Project Stroma, to its list of the projects to be financed, currently under appraisal.
UK Chancellor Philip Hammond delivered the Spring Budget 2017 on 8 March, according to which the Levy Control Framework (LCF) will be replaced with new set of controls later this year.
RenewableUK chief executive Hugh McNeal says the UK energy industry, especially after exiting the EU, needs to represent itself as one sector containing different technologies to maximise job and business opportunities.
A team of nine European companies and organisations has been working on testing and qualifying new synthetic mooring components as a cost-effective solution compared to chain-based mooring systems for marine renewable devices.
The tidal turbine deployed with an accompanying floating platform off Singapore is expected to be commissioned in March, according to Envirotek, Southeast Asia’s ocean renewable energy investor.
Ocean Energy Systems (OES) has released a new report presenting global state-of-the-art in ocean energy sector.
Marine-i, a collaborative project set up to boost marine innovation in Cornwall and the Isles of Scilly, has secured up to £6.8 million through the European Regional Development Fund (ERDF).
Ocean Power Technologies (OPT) has reported a $0.1 million increase in net loss in the third quarter of fiscal year 2017 compared to the last year’s figures for the same period.
Minesto has hired Subsea Energy Solutions to provide bend restrictors for its Deep Green tidal plant. UK-based engineering company Subsea Energy Solutions will supply super duplex stainless bend restrictors to Minesto for its Deep Green tidal energy ‘kite’. Minesto had previously hired Subsea Energy
The European Marine Energy Centre (EMEC) is looking to appoint a Non-Executive Director to strengthen its Board for the next phase of development.
Sea Power’s wave energy platform has tackled some extreme wave conditions caused by storms while continuing its operation off the west coast of Ireland.
The role of ocean renewable energy as an alternative energy source for islands will be discussed at a workshop in Singapore.
