Atlantis Resources has signed a memorandum of understanding with SBS to develop a 150 MW tidal stream site off Indonesia.
Marine Management Organisation (MMO) has granted consent for the offshore elements of the Perpetuus Tidal Energy Centre (PTEC) to be created off the Isle of Wight, UK.
DCNS has signed a memorandum of agreement (MoA) with OTEC Centre of Universiti Teknologi Malaysia (UTM OTEC) for the development of ocean thermal energy conversion (OTEC) plant in Malaysia.
Investors who traditionally focus solely on big-ticket mergers and acquisitions are showing interest in offshore wind projects as returns on investments in more conventional infrastructure assets are pushed lower and lower, according to Macquarie. Pension funds, sovereign wealth funds and insurers t
Edinburgh-based tidal energy developer, Atlantis Resources, has raised approximately £6.5 million through conditional placing of shares.
The Government of Nova Scotia has announced budget for 2016-2017, which includes funding designated for the innovation in tidal power and electricity.
According to a recent, award-winning study conducted by The Nature Conservancy and CH2M in the wake of Hurricane Sandy, incorporating nature-based defenses into traditional infrastructure solutions provides the most effective protection against climate-related flooding. Hurricane Sandy’s storm surge
Minesto, a Swedish tidal energy developer, is set to reveal the winner of the mooring system supply tender for Deep Green tidal power plant.
Aker Solutions has formally opened its new subsea plant in Curitiba, Brazil. The new facility will employ about 850 people and is dedicated to machining, welding, surface treatment, assembly and testing of Christmas trees and other subsea equipment. “The facility will build on and strengthen our nea
Two multi-billion dollar offshore wind projects have turned Europe into the strongest performing region in terms of clean energy investments in the first quarter of 2016, according to the data compiled by Bloomberg New Energy Finance (BNEF). The two projects, the 1.2GW Hornsea Project One and the 71
Carnegie Wave Energy has started working on Mauritius project following the completion of the agreement with solar and microgrid operations developer Energy Made Clean (EMC).
Norway’s Statoil has presented a new subsea concept at the Barents Sea Conference in Hammerfest, designed to reduce cost and increase efficiency. The new concept, called Cap-X, is estimated to cut costs by as much as 30% compared with conventional technology. According to Statoil’s video, which furt
ERA-Net Smart Grids Plus, an initiative of 21 European countries and regions, has launched a second joint call for RDD projects, in an effort to create an electric power system that integrates renewable energy.
Cascadia Coast Research, in collaboration with the University of Victoria and Aalborg University, Denmark, is making their methods for actively controlled physical model wave energy converter power take-offs (PTOs) publicly available.
