Akuo Energy, DCNS and Entrepose (VINCI Construction) have announced the signing of a partnership agreement regarding an Ocean Thermal Energy Conversion (OTEC) plant project NAUTILUS in Martinique, it is stated in Akuo Energy’s press release. Design and construction of this plant will be done by DCNS
Wave energy is an irregular and oscillating low-frequency energy source that can be converted to electricity and added to the electric utility grid. The energy in waves comes from the movement of the ocean and changing heights and speed of the swells. The energy of motion in waves is tremendous, and
Oceanlinx Ltd has gone into liquidation, costing investors approximately AUD 80 mln, Australian media report. The liquidation follows an accident during the transportation of the company’s prototype generator ‘greenWAVE’ that was designed to power 1000 houses. It sank off the coast of Australia in M
Europe leads the way in marine energy operations both in terms of investments and installed capacity, it is stated in EurObserv’ER report for 2013. In its 2013 report, the European Union Ocean Energy Association (EU-OEA) points out that installed capacities have tripled in four years rising from 3.5
Resolute Marine Energy CEO Bill Staby has withdrawn from the U.S. delegation to IEC TC-114, where he served as the Chairman, the company’s press release reads. He will be replaced by Jonathan Colby who is the Director of Technology Performance at Verdant Power. Bill Staby commented on his resignatio
Perth Wave Energy Project is expected to be a demonstration of a complete grid-connected, commercial scale CETO system, according to Carnegie. As announced earlier, the first CETO 5 Unit, installed as part of Perth Wave Energy Project, has now clocked up 700 in ocean operating hours, and the second
Atlantis Resources Ltd’s Canadian subsidiary has been awarded a feed-in tariff for up to 4.5 MW of tidal generation to be deployed at FORCE in Nova Scotia, Canada, it is stated in Atlantis’ press release. As announced earlier, Government of Canada has allocated four awards to help tidal energy devel
Highlands and Islands Enterprise has been selected as the preferred bidder for the assets of Scottish wave energy company Pelamis, but the company’s remaining staff will be let go, British media report. After the wave energy company Pelamis went into administration last month, Highlands and Islands
University of Edinburgh hosted a two-day workshop concerned with developing computational analysis methods to analyze the performance and dynamic loading of wave and ocean current devices. The two-day workshop “Computational Modeling and Analysis Workshop II”, attended by a total of 50 participants
Government of Canada has granted four awards in an effort to help tidal energy developers deploy the first turbine arrays in the Bay of Fundy, the Government’s press release reads. In October, developers at the Fundy Ocean Research Centre for Energy (FORCE) applied to the Department of Energy to rec
Dynamic Tidal Power is based on the principle that tides don’t operate strictly horizontally but also flow in parallel to the shore as well, which allows a type of barrage to be built perpendicular to the shore. Dynamic Tidal Power (DTP) is a way to use the natural tides for generating sustainable e
Atlantis’ project MeyGen completed all conditions required to initiate the first drawdown from its senior project finance providers, The Crown Estate and Scottish Enterprise through the Renewable Energy Investment Fund, Atlantis’ press release reads. The major construction and supply contractors to
DHI Group, in collaboration with several partners, has developed a GIS-based web client SI OCEAN Data Portal in order to aid in identifying areas suitable for present wave and tidal energy extraction technologies, company’s press release reads. The Strategic Initiatives for Ocean Energy (SI OCEAN) D
Ocean Power Technologies, wave energy technology company, has received approximately USD 1.1 million from the state of New Jersey, it is stated in the company’s press release. The New Jersey’s Business Tax Certificate Transfer Program enables companies to raise cash to finance their growth and opera
