Swedish wave energy developer CorPower Ocean has secured €9 million equity funding for its breakthrough wave energy tech. Midroc New Technology led the funding round, with additional investment from ALMI Invest Greentech, EIT InnoEnergy, and private investors. The company will use the funds to dem
Not long after Swansea Bay tidal lagoon project officially reached the end of the road, scheme for a new tidal lagoon in Wales rolled out. The company behind the project, Mostyn SeaPower, is planning a £590-million ($750 million) tidal lagoon which clould supply low carbon electricity to power about
Ocean Energy Systems (OES) new report shows that islands and other off-grid markets may present opportunities for ocean energy developers to deploy their technologies while providing sustainable energy to local communities. The report ‘Ocean Energy in Islands and Remote Coastal Areas´outlines the ou
Australian developer Carnegie has completed wave tank testing campaign at the Cantabria Coastal and Ocean Basin (CCOB) in Spain. The testing campaign, which kicked off on 13 July 2020, delivered over 200 wave tests. Specifically, the tests covered a range of wave conditions, which reflect potential
Two UK energy technology and innovation organisations have announced a five-year collaboration to deliver next generation energy technologies and accelerate the United Kingdom’s transition to a net zero future. The Energy Transition Alliance (ETA), formed by The Oil & Gas Technology Centre (OGTC) an
Marine renewables engineering firm INNOSEA has won a European H2020 grant to undertake a research and development project to support more efficient and cost-effective design of floating solar PV plants. The R&D project specifically aims to develop accurate numerical and cost models for the developme
A new depth map of the Arctic Ocean has been unveiled in the form of a digital gridded database. The new portrayal of the Arctic Ocean floor comprises Version 4.0 of the International Bathymetric Chart of the Arctic Ocean (IBCAO). The gridded compilation has been completed under the auspices of the
French National Institute for Ocean Science Ifremer has selected subsea tech company iXblue to equip its new 6000-metre AUV. Specifically, the autonomous underwater vehicle (AUV) is part of Ifremer’s CORAL project. The AUV will have synthetic aperture sonar (SAS), Sams-150, a Phins C7 Inertial Navig
After a successful start of the Interreg 2 Seas project, the ENCORE consortium is now planning the kick-off of its regional impact campaign at the Offshore Energy Exhibition & Conference (OEEC) in Amsterdam on 27th October 2020. At the OEEC, ENCORE will reach out to the offshore supply chain sector
Dutch tech developer Teamwork Technology has redesigned its Symphony wave energy system to fit North Sea wave characteristics. Symphony’s initial design was for the Atlantic waves as seen at the coast of Portugal or Scotland. Symphony is a point absorbing WEC that converts the wave motion into an in
Wave Energy Scotland has selected four projects to share just under £1.4 million with aim to cut wave power costs. The companies selected under the funding are: Apollo, Blackfish Engineering Design, Nova Innovation and Quoceant. Projects will develop technology to enable the quick connection and dis
The H2020 funded JERICO-S3 project has opened its first call for access to the JERICO-S3 Coastal Observatories and Supporting Facilities. Successful applicants will receive free access to test and validate their technology or research in a variety of coastal observing and supporting facilities acros
Webtool has developed an autonomous subsea resettable valve for installation and use with a charged hydraulic fluid store. Activated by a steel wire rope line, the valve activation system is designed for applications where autonomous operation is needed in the event of an emergency. Constructed from
Carnegie has commenced its planned wave tank testing campaign at the Cantabria Coastal and Ocean Basin in Spain. The trials will generate physical wave data aimed to validate Carnegie’s machine learning based Wave Predictor. Carnegie previously announced the development of a machine learning based W
