Scottish wave energy company Mocean Energy has raised €2.5 million in new equity, alongside €572,000 grant to drive the commercialization of its wave energy technologies, bringing Katapult Ocean and MOL Plus as new investors in the business.
Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough
The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.
Makai Ocean Engineering has signed an agreement with Shell Technology – Marine Renewable Program to further develop and test potentially transformative proprietary technologies that advance the engineering and economic viability of an offshore ocean thermal energy conversion (OTEC) system.
Swedish company Minesto has completed the onshore testing on its tidal energy kite system Dragon 12, which is now being shipped for installation and commissioning in Faroe Islands.
The U.S. Department of Energy (DOE) has unveiled the winners of the first round of the Innovating Distributed Embedded Energy Prize (InDEEP), that will share $285,000 in cash prizes to further advance their novel wave energy concepts.
Marine Energy Wales and Renewable UK Cymru have signed a memorandum of understanding, outlining their commitment to work together to accelerate the clean transition in Wales.
Sunlit Sea, in collaboration with Endra and Ev Powercharge, has been granted support to test a floating solar installation that will feature fast electric vehicle charging in Norway.
Danish company Wavepiston has started the final stage of installation of its full-scale wave energy system for desalination and power production offshore Canary Islands.
Major energy transition-related updates came from Nordic countries this week. An energy island for large-scale green hydrogen and offshore wind production has been proposed in Åland (Finland). Denmark has just selected winners of its first Power-to-X tender. The first containership to be powered by
Wave energy technology developer CorPower Ocean has received ISO 9001 certification through DNV – one of the leading global providers of accredited management systems certification and training.
Swedish company CorPower Ocean has successfully verified the survival mode of its C4 wave energy device, weathering through two major storms along the Portuguese coast which unleashed waves of up to 13 meters.
Norwegian companies Ocean Sun and Inseanergy have formed partnership to supply the aquaculture industry with green energy using floating solar technology. Following the settlement of a patent dispute earlier this year, Ocean Sun and Inseanergy have entered into a cooperation agreement to supply gree
SJVN Green Energy, a wholly owned subsidiary of India’s state-owned SJVN, has signed a memorandum of understanding with Ocean Sun to develop a floating solar project in India.
