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Tidal & Wave Energy

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Wello and Saipem to Deploy Penguin Off Spain
Tidal & Wave Energy

Wello and Saipem to Deploy Penguin Off Spain

Saipem and Wello have undertaken to work together for the successful execution of their first joint project. This will be in the framework of the memorandum of understanding signed last September regarding the deployment of WEC Penguin technology for the production of energy from marine waves. The p

about 7 years ago
Bombora Seeks Subsea Cables for mWave Demo
Tidal & Wave Energy

Bombora Seeks Subsea Cables for mWave Demo

Bombora has launched a tender call for the supply of subsea cables and connectors for its mWave wave energy converter. The Perth-born wave power company with its European base at Pembroke Dock, has set the deadline for receipt of completed tenders for November 25, 2019. Bombora also said that the co

about 7 years ago
Carnegie Set for ASX Comback
Tidal & Wave Energy

Carnegie Set for ASX Comback

Australian wave power firm Carnegie Clean Energy is expected to be reinstated to official quotation of Australian Securities Exchange (ASX) on October 31, 2019. The securities of Carnegie were suspended from ASX official quotation on Friday, March 1, 2019. Following the appointment of administrators

about 7 years ago
New Capital Injection for Minesto
Tidal & Wave Energy

New Capital Injection for Minesto

Swedish marine energy developer Minesto has raised SEK 60 million ($6.2 million) through a directed issue and also decided to carry out a subsequent rights issue of SEK 86.5 million ($8.9 million). The direct issue of units was subscribed for by an undisclosed international institutional investor (S

about 7 years ago
Eni, CDP, Fincantieri and Terna Establish New Company for Wave Energy
Tidal & Wave Energy

Eni, CDP, Fincantieri and Terna Establish New Company for Wave Energy

Eni, Cassa Depositi e Prestiti, Fincantieri and Terna have signed an agreement to set up a company for the development and manufacturing of wave-energy power plants. The agreement was signed in Ravenna by the chief executive officers of Cassa Depositi e Prestiti, Fabrizio Palermo, of Fincantieri, Gi

about 7 years ago
Nova Scotia Seeks New Tidal Project for FORCE
Tidal & Wave Energy

Nova Scotia Seeks New Tidal Project for FORCE

Nova Scotia’s Government has started independent and competitive process to attract a new tidal project to fill the vacant berth at the Fundy Ocean Research Centre for Energy (FORCE). The Government has hired a team from Power Advisory led by John Dalton, an electricity policy consultant with more t

about 7 years ago
OPT Strikes $10M Share Sale Deal with Aspire Capital
Tidal & Wave Energy

OPT Strikes $10M Share Sale Deal with Aspire Capital

Ocean Power Technologies (OPT) has executed a new purchase agreement with Aspire Capital sell up to $10 million in common stock to over a term of 30 months. Proceeds will be used by OPT to build additional PB3 PowerBuoys to meet potential market demand, to further advance the development of new prod

about 7 years ago
Highlights of the Week
Tidal & Wave Energy

Highlights of the Week

MarineEnergy.biz has compiled the top news from marine energy industry from October 21 – October 27, 2019. https://marineenergy.biz/2019/10/23/skf-power-trains-for-orbital-o2-tidal-turbine/ https://marineenergy.biz/2019/10/24/emerge-project-wraps-up-sea-trials/ https://marineenergy.biz/2019/10/25/mi

about 7 years ago
Minesto Boosts Taiwan Footprint
Tidal & Wave Energy

Minesto Boosts Taiwan Footprint

Minesto has renewed the collaboration agreement with National Taiwan Ocean University to explore the potential for Minesto’s Deep Green technology in Taiwan. The renewed collaboration agreement with National Taiwan Ocean University’s Center for Ocean Energy System (COES) was signed at a ceremony in

about 7 years ago
Swansea University Opens Two Positions for SELKIE Project
Tidal & Wave Energy

Swansea University Opens Two Positions for SELKIE Project

Swansea University is looking for research officer and research assistant for CFD modelling of tidal (and wind) turbine arrays using an existing advanced actuator disk model implemented in OpenFOAM. The role includes further development of the model, publication of research outputs and interaction w

about 7 years ago
EMERGE Project Wraps Up Sea Trials
Tidal & Wave Energy

EMERGE Project Wraps Up Sea Trials

UmbraGroup-led Electro-Mechanical Reciprocating Generator (EMERGE) project has delivered sea trial in Scapa Flow, Orkney Islands. The project is funded by Wave Energy Scotland within the innovation power take-off (PTO) Stage 3 call. The Electro-Mechanical Generator (EMG) is an innovative direct-driv

about 7 years ago
SKF Power Trains for Orbital O2 Tidal Turbine
Tidal & Wave Energy

SKF Power Trains for Orbital O2 Tidal Turbine

Orbital has entered into a strategic contract with SKF for the supply of the fully integrated power trains on its upcoming O2 2MW floating tidal turbine, set to enter operation at the European Marine Energy Centre (EMEC) in Orkney in 2020. The contract brings the industrial capabilities of SKF in be

about 7 years ago
PMEC and Partners to Host WEC Design Workshop
Tidal & Wave Energy

PMEC and Partners to Host WEC Design Workshop

The Pacific Marine Energy Center (PMEC), Oregon State University and Sandia National Laboratories are organizing a 2-day workshop to offer a hands-on understanding of the wave energy converter (WEC) design theory and experimental testing approach. The workshop will pay specific attention on dynamics

about 7 years ago
SINN Power Supports MUSICA Project
Tidal & Wave Energy

SINN Power Supports MUSICA Project

SINN Power is part of the research project MUSICA that is granted € 9 million to build and test a floating renewable offshore platform. The MaREI center for Marine and Renewable Energy takes the lead and is supported by a consortium of 15 European participants. Under the lead of MaREI’s Gordon Dalst

about 7 years ago
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