The Oceanic Platform of the Canary Islands (PLOCAN) has joined the SeaTitan’s External Industrial Exploitation Board (EIEB). This follows from the PLOCAN’s expression of interest in becoming part of the SeaTitan project, aimed at making a step change in the wave energy sector by designing, building,
Subsea energy storage and power generation specialists EC-OG has completed a test programme with a North Sea operator, demonstrating the Subsea Power Hub’s capabilities for powering subsea production equipment using battery power alone. During recent workshop trials, supported by the Oil & Gas Techn
Ocean Power Technologies (OPT) has closed its public offering of common stock, pre-funded warrants and common warrants, raising approximately $15.7 million in net proceeds. The New Jersey-based wave energy conversion specialist issued 900,000 shares of common stock, pre-funded warrants exercisable f
Marine energy developer, Minesto, is seeking to strengthen the operational team based in Holyhead, Isle of Anglesey with several recruitments. The company opened vacancies for the positions of consents manager, electrical power systems engineer, project manager and technician. “We offer an inspiring
Seaplace and Magnomatics’ joint turbine project has been shortlisted for the EUREKA Global Project of the Year 2019. A consortium comprising Seaplace and Magnomatics, led by Seaplace, is working on the Floating tension-tethered and self-steerable Marine-current Turbine (FTMC Turbine) project, design
Minesto has completed the procurement of the foundation connection system for the DG100 model of the company’s subsea kite technology called Deep Green. A contract for design and development of the system has been awarded to Inyanga-Tech, with Quoceant as main sub-supplier. The foundation connection
US-based hydrokinetic developer Ocean Renewable Power Company (ORPC) said it has raised over $500,000 growth capital through an offering launched on private securities platform Netcapital. The offering, launched in March this year is primarily directed at impact and institutional investors, but a po
Irish tidal energy developer GKinetic Energy said it is now patent protected in the United States of America for the “Water Turbine Assembly” aspect of its tidal energy technology. The news of the company’s first North American patent came last week following its Chinese patent approval they secured
Bombora Wave Power Europe has issued a new tender call in order to appoint a contractor for the supply of a rubber membrane for the mWave wave energy converter. The rubber membrane is a key component of the mWave. It captures hydrostatic energy from the waves and coverts it to pneumatic energy, the
MarineEnergy.biz has compiled the top news from marine energy industry from April 01 – April 07, 2019. https://marineenergy.biz/2019/04/04/nova-scotia-drops-cape-sharp-tidal-turbine-project/ https://marineenergy.biz/2019/04/04/wave-tech-developer-marine-power-systems-expands-into-offshore-wind/ http
Guinard Energies has connected its P154 tidal turbine to the French electricity grid. The connection is a part of the MegaWattBlue project co-financed by Guinard Energies, the Brittany Region and the ERDF (European Regional Development Fund). The project represents the first hybrid electricity produ
The CF2T project was recently launched, co-funded by the Ocean Energy ERA-NET Cofund and four European regions (Brittany, Pays de la Loire, Spain and Sweden). Led by Sabella, this project brings together Allia, Saitec, Rise and Alkit and will run until 2021. The project aims to develop a cost-compet
The first phase of a new £28.5 million project to create a Virtual Energy System (VES) in Orkney, Scotland, has been launched to digitally link distributed and intermittent renewable generation to flexible demand. The ReFLEX (Responsive Flexibility) Orkney project will demonstrate a first-of-its-kin
Ocean Power Technologies (OPT) has priced an underwritten public offering of common stock and warrants looking to raise approximately USD 15 million. The New Jersey-based wave energy conversion specialist is looking to sell about 4.28 million shares of common stock at $3.50 a share plus common warra
