Nova Scotia Department of Energy and Mines has issued a marine renewable energy permit to Nova Innovation for a tidal electricity project in the Bay of Fundy. “Nova Scotia’s leadership in the development of clean, renewable tidal energy continues to attract new businesses and new investment to our s
CASE Construction Equipment has launched their new full-size CX350D LR excavator, providing increased operating performance in applications that require long-distance bucket reach and precision. The new model features an elongated boom and arm and additional counterweight for increased digging capab
Callan Marine, a Texas-based, family-owned dredging business founded in 2009, recently launched the General MacArthur, one of the largest cutter suction dredgers (CSDs) in the U.S. market. At 290 feet in length and a 9 foot draft, the General MacArthur boasts 24,000 total installed horsepower. Power
Denmark has initiated studies to find possible locations for one or more energy islands supporting at least 10GW of offshore wind capacity. This corresponds to ten large offshore wind farms that could meet the electricity demand of more than ten million European households. The total investment need
Scottish tidal energy company Nova Innovation has won a contract to develop an innovative subsea electrical connector for Wave Energy Scotland (WES). Nova’s MECMate subsea connector is tailored to meet the requirements of the marine energy environment. Nova Innovation engineering director, Gary Conn
Ocean Power Technologies (OPT) has reported net loss for the second quarter of fiscal 2020 ended October 31, 2019 of $3.2 million, compared to a net loss of $3.9 million for the prior-year period. The decrease in net loss was mainly attributable to lower cost of revenues and decrease in engineering
Ellicott Dredge Technologies (EDT) has announced the sale of a Mud Cat Model MC 115D to Hedger Aggregate from Jonesboro, AR, to perform routine maintenance dredging of their sand wash plant ponds. According to Ellicott, the MC 115D will be used for continuous maintenance to maintain storage capacity
MarineEnergy.biz has compiled the top news from marine energy industry from December 02 – December 08, 2019. https://marineenergy.biz/2019/12/04/tidal-lagoon-power-kicks-off-1-5m-fundraising-campaign/ https://marineenergy.biz/2019/12/05/wes-call-awards-funding-for-wave-power-development/ https://mar
Sustainable Marine Energy (SME) and Fundy Ocean Research Center for Energy (FORCE) crew deployed the FAST-3 monitoring platform at the Bay of Fundy, Nova Scotia, Canada. The Fundy Advanced Sensor Technology (FAST) deployment is part of the Pathway 2020 Project which aims at providing a solution of e
In 2020, the European Institute of Innovation & Technology (EIT) will invest EUR 500 million in its Knowledge and Innovation Communities across Europe – the EIT Governing Board decided. This investment will drive European innovation in the areas of climate (EIT Climate-KIC), digitisation (EIT Digita
Firms from the subsea and offshore engineering sectors were among the winners in a Europe-wide call to find new technologies to quickly and easily connect wave energy devices at sea. The call from Wave Energy Scotland will award contracts to firms keen to bolster their involvement in the renewables
Aquarius Marine Coatings (AMC) has launched its anti-foul coating, Coppercoat-Commercial, in the offshore energy sector. The coating, which is said to contain exceptionally high levels of copper, a natural anti-microbial agent, protects subsea infrastructure from hosting layers of plant, animal and
Tidal Lagoon Power has launched a £1.2 million ($1.5 million) fundraise to enable the conclusion of works to secure in perpetuity the planning permission awarded to the Swansea Bay Tidal Lagoon. With shares priced at £2.50 and offered at a minimum subscription of £500, the Investor Memorandum target
Swedish marine energy developer Minesto has initiated the subscription period for new issue of units with pre-emptive rights for existing shareholders. The subscription period runs from December 4 to 18, 2019. Shareholders in the company who were listed in the share register kept by Euroclear Sweden
