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Marine Energy

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Illustration/The first 500kWp floating solar unit installed in Albania (Courtesy of Statkraft)
Marine Energy

Statkraft moves ahead with final stage of Banja floating solar plant

Europe’s largest renewable energy generator Statkraft has issued a notice to proceed with the installation of additional floating solar units for the project in Albania, which also involves technology supplier Ocean Sun.

about 4 years ago
Marine Energy Wales team (Courtesy of Marine Energy Wales)
Marine Energy

Marine Energy Wales gets government funding

Marine Energy Wales, the industry association for Welsh marine energy, has secured a new three-year grant from the Welsh government to support its work until 2025.

about 4 years ago
C4 composite hull in mobile factory (Courtesy of CorPower Ocean)
Marine Energy

CorPower Ocean sets out on recruitment drive

Swedish company CorPower Ocean is looking to expand its ‘world-class’ team of ocean energy experts with several new positions up for grabs.

about 4 years ago
Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Marine Energy

Orbital Marine secures €9.2M tidal energy funding

Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.

about 4 years ago
RWE's floating solar plant Amer (Courtesy of RWE)
Marine Energy

RWE commissions its first floating solar project

RWE, one of the world’s leading companies for renewable energy, has commissioned its first floating solar project – a 6.1MWp power plant installed in the Dutch province of Noord-Brabant.

about 4 years ago
Illustration/Hexicon floating wind technology (Courtesy of Hexicon)
Marine Energy

In focus: Offshore industry forms decarbonization tie-ups, as need for more renewable energy investments grows

Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally

about 4 years ago
Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Marine Energy

UKEF shows interest to fund SBS’ tidal power project in Indonesia

SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia

about 4 years ago
Floating solar farm (Courtesy of Skyfri)
Marine Energy

Skyfri bags contract for floating solar project in India

Bharat Heavy Electricals Limited (BHEL) has awarded an asset operations contract to Norway-based cleantech company Skyfri for its floating solar project in Kerala, India.

about 4 years ago
Faster ramp-up of investments in clean sources needed to tackle double whammy of energy and climate crises
Marine Energy

Faster ramp-up of investments needed to tackle double whammy of energy and climate crises

While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.

about 4 years ago
Wavepiston test string being deployed at PLOCAN (Courtesy of Michael Henriksen/Wavepiston)
Marine Energy

Wavepiston targets €2M through equity issue

Danish company Wavepiston has launched a capital raise, seeking €2 million to advance its wave energy technology to the next level.

about 4 years ago
MeyGen turbine ahead of installation (Courtesy of SIMEC Atlantis Energy)
Marine Energy

SIMEC Atlantis posts €86 million loss for ‘challenging’ 2021

Tidal energy company SIMEC Atlantis Energy has widen its losses for 2021, driven by the discontinuation of a power station conversion project and operational difficulties experienced at the MeyGen tidal energy project during the year.

about 4 years ago
Rendering of Havkraft N-Class wave power plant (Courtesy of Havkraft)
Marine Energy

Havkraft inks deal to power fish farm using its wave energy device

Norwegian company Havkraft has signed an agreement for a project that will use its wave energy technology to provide clean power to a fish farm offshore Norway.

about 4 years ago
The FLORA Ocean Station rendering (Courtesy of Wedge Global)
Marine Energy

Consortium forms to deliver multi-purpose ocean station powered by renewable energy

The consortium behind the FLOating RAdar (FLORA) project has held the kick-off meeting to formalize the start of a scheme that will develop and demonstrate an industrial-scale prototype of a multi-purpose ocean station with renewable energy generation and operational oceanography capabilities: the F

about 4 years ago
Illustration/AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Marine Energy

Debenture holders approve SIMEC Atlantis’ debt repayment extension

SIMEC Atlantis Energy has received approval for its request to amend the debenture deed with Abundance Investment, securing one year extension for the repayment.

about 4 years ago
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