Swedish marine energy developer Minesto has engaged with leading financial advisor Pareto Securities to intensify relationships with institutional investors. The purpose is to accelerate and capitalise the commercial rollout of Minesto’s first-of-its-kind renewable energy technology, the company sai
The World Ocean Council (WOC) – the Global Blue Economy Business Organization – has recently partnered with the World Benchmarking Alliance (WBA) and joined World Forum Offshore Wind (WFO). The WOC will work with the WBA and its network of Allies to develop criteria and benchmarks for sustainable de
MarineEnergy.biz has compiled the top news from marine energy industry from May 13 – May 19, 2019. https://marineenergy.biz/2019/05/14/atlantis-and-ge-to-build-worlds-largest-tidal-turbine/ https://marineenergy.biz/2019/05/14/ocean-demo-call-for-applications-opens/ https://marineenergy.biz/2019/05/1
Ocean Power Technologies’ (OPT) PowerBuoy has been deployed in the Adriatic Sea since November 2018 by oil and gas company Eni in a project aiming to demonstrate suitability of wave energy technologies in oil and gas operations. Operating continuously and error-free for six months, as part of Eni’s
Leask Marine has won a contract to provide support for the design, fabrication, assembly and commissioning of the deployment platform for DesignPro’s 60kW hydrokinetic turbine as part of its Horizon 2020 SME Instrument funded project. “We were impressed by Leask Marine’s track record in delivering m
Bill Esterson, Labour MP, has called for the UK government to support world leading tidal energy company Nova Innovation by investing in the future not the past. During Prime Minister’s Questions, Esterson said: “This government say they are committed to tackling climate change yet too often the evi
Wave Energy Scotland (WES) is awarding almost £1m to fund the development of Advanced Control Systems technology for wave energy devices. The technology aims to reduce the cost of generating electricity from wave energy devices by increasing the amount of energy they can capture. The two projects se
Nova Innovation-led consortium has won a new European project, ELEMENT, that will use Artificial Intelligence to improve tidal turbine performance and accelerate commercialization of tidal energy. The ELEMENT project will incorporate Artificial Intelligence technology from wind energy into tidal tur
WavEC is looking for a professional with a background in economics or previous experience in economics and financial analysis in business or research context. The successful candidate will be engaged in research projects and consulting services addressing economic and financial aspects of marine ren
A major documentary on climate change, featuring Orkney’s pioneering marine energy work, is set to be premiered at the Cannes Film Festival next week. Ice on Fire has been produced by Leonardo DiCaprio and is also narrated by the actor, who has a strong interest in climate change and ecological issu
Wave Energy Scotland (WES) said it is exploring options for the design and development of a system which will allow rapid connection/disconnection of a wave energy device from its moorings and/or electrical system. The connection system and method would aim to reduce the time and cost of installatio
The Sustainable Energy Authority of Ireland (SEAI) has launched a call for applications for this year’s Energy Awards. The SEAI Sustainable Energy Awards recognise and reward excellence in all aspects of energy efficiency and renewable energy. The competition consisting of 8 categories is open to in
Green Marine and Sustainable Marine Energy (SME) have joined forces to provide anchoring and mooring solutions for energetic marine environments suitable for a range of applications including offshore floating wind, aquaculture, wave and tidal energy. Green Marine’s experience in operating subsea dr
The first Ocean DEMO call for applications has now opened. Funded by Interreg North-West Europe, Ocean DEMO is a €13m project aiming to accelerate ocean energy’s transition from single prototype to multi-device farms by providing free access to test centres: EMEC (UK), DMEC (NL), SEM REV (FR) and Sm
