Tidal energy company Sustainable Marine Energy (SME) has secured equity investment of £3.46 million to further develop its PLAT-I tidal energy platform system. The Edinburgh-based business has closed its latest funding round, to which the Scottish Investment Bank (SIB) has committed £1 million on be
Lankhorst Ropes is working with SurfWEC, a partnership led by marine engineering firm Martin & Ottaway, to determine the most efficient mooring system for SurfWEC’s wave energy converters (WECs). SurfWEC was formed to develop WECs using patented technology that shapes waves, enabling increased energ
Odyssey Marine Exploration has entered into a share purchase agreement with Seabed Capital to acquire Seabed’s controlling interest in the company that holds a potentially significant subsea mineral deposit in the South Pacific in a non-cash transaction. This transaction aligns with Odyssey’s busine
Australian Government has provided a $70 million grant to set up a new Blue Economy Cooperative Research Centre to bring together national and international expertise in aquaculture, marine renewable energy and marine engineering as part of a collaborative effort between industry, researchers and th
A new generation of subsea technology has been used to improve safety and reduce cost in the North Sea oil and gas industry for the first time. Cutting-edge computing and subsea wireless IP camera technology deployed on a pipeline construction project enhanced diver safety and generated significant
Dedicated revenue support at national level is essential to attract investment for ocean energy farms, according to a new report from sectoral advisory body ETIP Ocean. The report ‘Powering Homes Today, Powering Nations Tomorrow’ analyses the challenges faced by the sector on the route to industrial
The Responsible Offshore Science Alliance (ROSA) has been launched to address fisheries and wind development. ROSA will provide for and advance regional research and monitoring of fisheries and offshore wind interactions in federal waters. ROSA’s goals are to collect and disseminate salient and cred
The U.S. Responsible Offshore Development Alliance (RODA) has formed an alliance dedicated to advancing regional research on fisheries and offshore wind. The Responsible Offshore Science Alliance (ROSA) is expected to provide for and advance regional research and monitoring of fisheries and offshore
MarineEnergy.biz has compiled the top news from marine energy industry from April 08 – April 14, 2019. https://marineenergy.biz/2019/04/11/wello-inks-30mw-india-deal/ https://marineenergy.biz/2019/04/10/ec-og-proves-it-can-power-commercial-scms/ https://marineenergy.biz/2019/04/09/inyanga-tech-found
Ocean Energy Europe (OEE) has elected Dr. Jochen Weilepp, representing Sustainable Marine Energy, as co-president of the association. Dr. Weilepp will join Simon De Pietro of DP Energy, who has been OEE co-president since 2016. Dr. Weilepp has been a member of the OEE board for almost a decade and h
Cable assessment experts Wirescan and high voltage engineering specialists EDS HV Group (EDS), have carried out LIRA testing at the HVDC link on SSEN Transmission’s Caithness-Moray project. Drew Boa, SSEN Transmission’s HVDC Project Engineer, said: “The initial ‘fingerprint’ LIRA measurements on our
Finnish technology company focused on ocean-wave energy conversion, Wello, has signed a letter of intent with Inix Group for two projects of 30MW total offshore India. In partnership with the Indian government, Ixin, part of Ixar Group, is looking to acquire Wello’s Penguin Core package for the cons
Bombora Wave Power Europe has launched another tender call as it seeks a contractor for the supply, delivery, installation and commissioning of the winches and hydraulic system for the Module Intervention Tool (MIT). The MIT is a floating platform that facilitates the subsea installation and recover
A team led by the Rhode Island Coastal Resources Management Council (CRMC) is set to conduct a research project on the engineering of the jacket foundations at the U.S. Block Island offshore wind farm. The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has awarded USD 608,722 for the 28-
