Biscay Marine Energy Platform (bimep) has issued a call for the development, testing and demonstration of a submarine interconnection marine energy sensor device. The prototype sensor device should be capable of producing a breakout consisting of an underwater device suited for interconnecting five
Oil and gas marketing company, Dancy Dynamics, has changed its name to Making Waves Marketing and introduced a new sector to its operational area. Based on Cowes on the Isle of Wight, UK, the oil and gas marketing company has rebranded itself and introduced renewable energy and marine technology to
French tidal energy developer Sabella has partnered up with H&WB Asia Pacific to develop tidal power plant in the Philippines. The two companies have signed a memorandum of understanding (MoU) on October 15, 2015, for the development of a tidal power plant in San Bernardino Strait, off Sorsogon prov
Irish GKinetic Energy has deployed its tidal energy device to conduct tow tests in Limerick Docks, Ireland. According to DesignPro, one of the GKinetic Energy’s partners, the project will see the GKinetic tidal energy device undergo tow-testing at the Docks for a 9-10 week period. A custom winch usi
Global Energy Group (GEG) has appointed Ian Cobban as its new Executive Vice President (EVP). Cobban joins the group from Subsea 7, where he held the position of Vice President. He will be tasked with GEG’s Equipment Business units, working closely with the Board and Business Unit Managers to contin
Swansea-based wave energy developer, Marine Power Systems (MPS), has received a grant from the EU that will be used for the testing of WaveSub wave energy converter. According to MPS, the £2 million of EU funds will enable the development and testing of MPS’ 1:4 scaled WaveSub, paving the way for a
The European Union has boosted Menai Science Park project, located in Anglesey, north-west Wales, with £10M. The funding provided by the EU equals that of Welsh government that was already provided for the project led by Bangor University, the Welsh government states. The EU grant provides the remai
European Commissioner for Fisheries and Maritime Affairs has called the banks to take on the initial risks of investing in ocean energy stating that the advantages of investing in the sector ‘have to be communicated to lenders so they can realise that the financial risks are outweighed by the benefi
The European Marine Energy Centre (EMEC) has signed a memorandum of understanding (MoU) with Qingdao organisations to support the development of a marine energy test site in China. Scotland-based EMEC and the University of Edinburgh, signed the MoU alongside the Ocean University of China, Qingdao Na
Mojo Maritime has launched its marine operations planning and risk optimisation system called Mermaid. Mermaid (Marine Economic Risk Management Aid) is a software solution which simulates marine operations against historical weather and tidal data to support cost-savings through project optimization
Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), has announced a £720,000 partnership expected to demonstrate wave energy converters as a means of powering offshore aquaculture installations. According to WES, Albatern has teamed up with Marine Harvest, a seafood c
Three Irish marine energy companies have received €3.5 million of government funding for the development and testing of new ocean energy technologies. The companies that received the funding from the Sustainable Energy Authority of Ireland (SEAI) are Ocean Energy, SeaPower and GKinetic. The company
Black Rock Tidal Power (BRTP), a Schottel Hydro subsidiary, has raised C$15 million for the realization of 2.5 MW Triton tidal energy project in Canada. The company has also secured a commercial loan of C$4.5 million, in addition to the private equity cash of C$10.5 million, bringing the total acqui
Europe’s ocean energy industry will meet with key political leaders at a summit in Dublin today to present a game plan for commercialising the ocean energy sector, according to Ocean Energy Europe. The summit marks the start of the two day Ocean Energy Europe Conference & Exhibition in Dublin. At th
