Spanish company Wedge Global is designing a new wave energy converter model for the Sea-Titan project. Wedge Global is currently conducting factory acceptance tests on the prototype and initial results are “positive meeting expectations”, the Flow Accelerator stated in its recent post. According to
Finnish wave energy company AW-Energy has secured a new patent approval in the European Union for its latest generation WaveRoller wave energy technology.
Havfram is expected to place an order for a new wind turbine installation vessel (WTIV) in the next quarter of this year, the company revealed on 27 September as it announced a target of having a majority of its income coming from the renewable energy sector by the middle of this decade. The semi-su
U.S.-based company Oscilla Power has sent off its new wave energy system – the Triton-C – to Hawaii, where it will be deployed offshore the Marine Corps base in Kanehoe to generate renewable power from the waves of the Pacific Ocean.
Inna Braverman, founder and CEO of Eco Wave Power (EWP), has received the Sustainable Development Goals (SDG) Excellence Award during the 2021 WE Empower competition.
Minesto has secured a SEK 5.8 million (approximately €572,600) grant from the Swedish Energy Agency for the ongoing commercialisation of its Deep Green technology. The grant co-funds a project through which Minesto will develop a next-generation tether system that is set to optimise functionality an
Innosea and Seaturns have completed the wave basin testing of Seaturns’ wave energy prototype at the Cantabria Coastal and Ocean Basin (CCOB) in Spain.
Marine energy developer Minesto has introduced the Dragon Class range of power plants, an upgraded design of its Deep Green technology for predictable renewable electricity generation from tidal and ocean currents. The Dragon Class will be delivered and installed in all of Minesto’s ongoing projects
Not long has passed since the first industry and governmental commitments to making concrete moves towards cleaner energy and shipping sectors. The road of the global energy transition started with pledges and strategies, and is planned to end in a greener, cleaner world – with all that needs to be
Martin Edlund, CEO of Swedish marine energy developer Minesto, has been nominated for the 2021 industry award Vi Maris. Vi Maris, meaning ‘Force of the Sea’, recognises individuals who have made outstanding contributions to the development of the ocean energy sector. According to Minesto, Edlund is
U.S.-based marine energy company Ocean Power Technologies (OPT) has reported a revenue of $0.3 million for the first quarter of fiscal year 2022, an increase from the $0.2 million in the first quarter of fiscal year 2021. The increase is primarily said to be the result of additional Strategic Consul
Schweizer Kapital Global Impact Fund is investing a further €3 million in SINN Power to support the market entry of the company’s Ocean Hybrid Platform (OHP) and the modular power electronics components ModTroniX (MTX).
Scottish Orbital Marine Power is set to lead a pan-European consortium to deliver the €26.7 million FORWARD-2030 project dedicated to accelerating the commercial deployment of floating tidal energy.
The UK has decided to support renewable energy projects through its latest Contracts for Difference (CfD) auction with an additional €265 million, of which €55 million per year has been earmarked for wave, tidal, floating wind and geothermal energy projects. Divided into three pots, this will be the
