Ocean Power Technologies (OPT) has recently received $0.9 million of non-dilutive funding through the New Jersey Economic Development Authority (NJEDA). This specifically enables companies to raise funding to finance their growth and operations. NJEDA and the New Jersey Department of the Treasury’s
Swedish wave developer Seabased is joining the Ocean Energy Europe board of directors as a lead partner. As a member of the board, Seabased VP Marcelle Askew will play an role in steering the strategic direction of the association and in ensuring that wave energy reaches its full industrial potentia
Marine Energy Wales has welcomed the news that North Wales’ tidal stream array demonstration project, Morlais, has signed up three new international turbine developers. French firms Sabella and HydroQuest as well as Spanish developer Magallanes are planning to deploy their devices on a commercial sc
German developer SINN Power will offer solar panel manufacturers the opportunity to demonstrate and test their PV modules on a floating platform in Iraklio, Greece. The goal is to internationalise SINN Power’s ocean hybrid platform as a complete off-grid energy solution. The company has worked on in
French energy major Total has joined a project to explore the potential of powering offshore oil and gas platforms with floating wind and wave energy. The O/G Decarb innovation project will examine the possibility of using a combined wind and wave technology on a floating foundation to store energy
SIMEC Atlantis’ MeyGen tidal turbine array has now exported 28GWh of energy to the national grid. MeyGen exported over 13.8GWh of renewable electricity in 2019, equivalent to the average annual electricity consumption of around 3800 typical UK homes, Atlantis informed. During 2019, Atlantis announce
The Selkie project has launched a tender for a software company to develop an operations and maintenance cost calculation tool. The aim is to assist tidal energy converter and wave energy converter device developers. Specifically, the tool will model the O&M activities associated with offshore farms
A new study shows tidal power may be a significant resource for Faroe Islands to balance other renewable energy sources. This is the preliminary result of a PhD project on the energy balance and stability of the Faroese electrical system. PhD researcher, Helma Maria Tróndheim, said:“So far the resul
The Bureau of Ocean Energy Management (BOEM) has released two new studies on renewable energy in the Gulf of Mexico. The National Renewable Energy Laboratory (NREL) researchers helped undertake these studies, funded by BOEM’s Environmental Studies Program. Offshore Renewable Energy Technologies in t
Simec Atlantis through its partnership with ITPEnergised has worked with The China Shipbuilding Industry Corporation (CSIC) and China Three Gorges (CTG) to develop CTG’s first SG500kW tidal stream turbine. The structure stands between the islands of Putuoshan and Huludao in the Zhoushan archipelago
Australian engineering company AMOG Consulting has released a video summary of its wave energy converter technology demonstrator project. The one-third scale WEC went trough testing at the University of Exeter’s FabTest site in Falmouth. The WEC (wave energy convertor) device extracts the energy fro
OceanSET partners produced their first annual report based on recent information on costs, technologies, revenue support and other facts. OceanSET is a 3-year project supporting ocean energy implementation plan of the European Strategic Energy Technology Plan (SET Plan). This €1 million project has
Nova Scotia Energy and Mines has issued a tidal energy demonstration permit to Sustainable Marine Energy Canada (SMEC) for a 700 kW project in the Bay of Fundy. The permit is valid for a period of five years. The project will begin with the connection of the PLAT-I 4.63 tidal energy platform to the
Industry body Scottish Renewables, the voice of Scotland’s renewable energy sector, has appointed seven new directors to its board. An election for the posts saw 20 eligible candidates enter the ballot, with 65 per cent of the members voting. The election process also saw a greater focus on gender d
