Australian wave energy developer Carnegie Clean Energy has appointed German investment firm DGWA as its advisor for European financial markets and investor relations. The move aims to leverage Carnegie’s existing dual listing on the Frankfurt, Tradegate, and Stuttgart Stock Exchanges, increasing exp
Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports
French wave energy developer Seaturns has secured €2.45 million to support the industrialization and deployment of its wave energy technology, following a fundraising round backed by 1,543 investors on the LITA.co platform. According to Seaturns, the round also included contributions from long-stan
According to representatives from the Chilean research team, scale model testing of the Lafquenewen wave energy converter (WEC) has been completed at the FloWave Ocean Energy Research Facility at the University of Edinburgh, marking a notable step toward marine energy deployment off the coast of Leb
The Swedish bearing and seal manufacturing company SKF has joined forces with UK-based tidal energy company Proteus Marine Renewables to deliver what is said to be “cutting-edge” technology for MeyGen, the world’s largest tidal stream facility located in Scotland’s Pentland Firth. SKF has reported a
The Hague-based Wave Energy Collective (Weco) has entered the building phase of its upgraded wave energy converter (WEC), Kaizen 2.0, together with Holland Shipyards Group. The project is said to build on a longstanding collaboration between Weco and the Dutch shipyard, which supported the developer
Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid tech
The Italy-based global power cable manufacturer Prysmian will supply subsea export cables for the HydroWing tidal energy array, led by UK-based Inyanga Marine Energy Group at the Morlais site off Anglesey, Wales. Scheduled for deployment in early 2026, the HydroWing array aims to deliver 20 MW of pr
Australia’s wave energy developer Carnegie Clean Energy has secured AUD 335,020 (approximately $218,000) in funding from the Blue Economy Cooperative Research Centre (Blue Economy CRC) to advance preliminary design work for the first MoorPower commercial pilot wave energy system. The project will ad
Wave energy developer Eco Wave Power and AltaSea have agreed on a launch date for the first U.S. onshore wave energy pilot, scheduled for September 9, 2025, at the Port of Los Angeles. Inna Braverman, CEO and founder of Eco Wave Power, and Ran Atias, the company’s VP of Engineering, met with Terry T
The Netherlands-based tidal and wave energy developer Symphony Wave Power has signed a memorandum of understanding (MoU) with compatriot firm ONE-Dyas to advance testing of its wave energy technology for offshore power applications in the Dutch North Sea. With deployment targeted for 2027, the compa
Australian wave energy developer WaveX is approaching completion of its current seed raise, securing 82% of its targeted funding round ahead of the June 30, 2025 deadline. The Perth-based company has partnered with LIQUIDITY as lead manager to finalize the seed raise. The final push is said to get W
France-based Legendre Group has started constructing the first full-scale demonstrator for the Dikwe project in Boulogne-sur-Mer, northern France, in collaboration with GEPS Techno. Supported by ADEME and the Région Hauts-de-France, the initiative aims to integrate wave energy generation into coasta
The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi
