Ocean energy can answer some challenging policy question, but it will require both industry and government to consider marine energy. For this to happen, marine energy companies need to speak with unified voice and focus more on solutions than on problems as the government and investors need more pr
AUSTEn has progressed the $5.8 million tidal energy research project and is on track to provide the detailed information needed to stimulate tidal energy investment in Australia. Since the AUSTEn project began the 11-strong team has carried out two field campaigns, mapped 200 sq km of sea floor, and
AMOG Consulting is seeking installation services for a power cable project (PCP) as part of its wave energy device test offshore Cornwall, UK. The PCP is to be carried out at the FabTest site in Falmouth Bay. AMOG has secured a grant through Marine-i program that will enable the company to test its
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Irish consultancy Data Only Greater has delivered the second version of the wave and tidal energy arrays design tool DTOcean. DTOcean 2.0 is the product of 18 months of development by Data Only Greater while partnering with Sandia National Laboratories, a Department of Energy, National Nuclear Secur
US-based hydrokinetic developer Ocean Renewable Power Company (ORPC) is raising growth capital through an offering launched on private securities platform Netcapital. The offering is primarily directed at impact and institutional investors, but a portion of it has been reserved for Main Street inves
SIMEC Atlantis Energy has recently completed the subsea cutting process for the decommissioning of SeaGen tidal turbine. The SeaGen turbine, previously the world record holder for tidal generation, is the first tidal generator to be decommissioned in Strangford Lough, the company said in a social me
Ocean Power Technologies (OPT) said it has signed a master service contract with an undisclosed offshore oil and gas operator. The contract will govern all work with this customer within the U.S. and the U.S. outer continental shelf, including the provision of goods and services, OPT said. George H.
EMEC, the world’s leading test facility for wave and tidal energy converters, is looking to recruit an administration officer. EMEC is looking for an administration officer to support the company by providing key administrative services including reception cover and comprehensive business support. T
The U.S. Department of Energy has approved a $2 million, three-year grant to Portland State University engineering professor to study a new method of generating electricity from ocean waves. Jonathan Bird, associate professor of electrical and computer engineering, will study the feasibility of usin
The State Government of Western Australia has elected to terminate Carnegie’s Financial Assistance Agreement for the Albany Wave Energy Project , the company said on Tuesday. The company said it is disappointed with this decision as the State Government were provided with a revised project funding p
Ocean Power Technologies (OPT) has reported net loss for the third quarter of fiscal 2019 of $2.6 million, compared to a net loss of $1.7 million for the prior-year period. The increase in net loss in the current year period as compared to the same period of the prior year is mainly attributable to
Wave energy developer Mocean Energy has been selected for the Oil & Gas Technology Centre’s TechX Pioneer Programme. The Edinburgh-based company joins nine other start-ups that will get up to £100,000 to develop their business and technology as part of an intensive 16-week accelerator programme that
GCE Ocean Technology will offer financial support to cover travel expenses to member companies that wish to join its study tour to Orkney in May 2019. Participants will meet a variety of renewable players including businesses, R&D, university and public sector. Focus will be on wave and tidal power,