CETO Wave Energy Ireland (CWEI), a subsidiary of Carnegie Clean Energy, has inked an assignment agreement that ensures its access to a berth reservation agreement within the Biscay Marine Energy Platform (BiMEP).
Dutch Wave Power, a company developing technology to convert energy from waves at sea into electrical energy or hydrogen, has received a subsidy of over €99,000 for large-scale testing and demonstration of its technology in the North Sea offshore Scheveningen. The subsidy from the Wadden fund (Wadde
Eco Wave Power is among the companies that felt the impact of the unpredictability surrounding the economy in 2023.
The Industrial Center for Doctoral Training in Offshore Renewable Energy (IDCORE) has secured £6 million (around $7.5 million) from the UK’s funding body, the Engineering and Physical Sciences Research Council (EPSRC), allowing the program to continue delivering education and expanding the partnersh
Swedish company CorPower Ocean has been chosen to join the EIC Scaling Club, an EU-backed community of 100+ European high-growth deep-tech champions and their partners. Supported by the European Innovation Council, a flagship program of the European Commission with a budget exceeding €10 billion, th
Ocean Energy Europe (OEE), a network of ocean energy professionals, has selected new Co-Presidents and Directors who will lead the ocean energy sector through a transitional period. The appointed Co-Presidents are Guillaume Gréau, Head of Business Development for HydroQuest, France, and Patrik Mölle
Finland-based wave energy technology developer, AW-Energy, has completed the three-year WaveFarm project founded by the European Maritime and Fisheries Fund through the Blue Economy Window. According to the company, this initiative is a step forward for the WaveRoller wave energy converter, showing
EU-backed SafeWAVE project, short for Streamlining the Assessment of Environmental Effects of Wave Energy, has been prolonged until June 2024.The decision to extend the project was revealed on March 20, stating it will enable SafeWave to make more progress in utilizing the abundant marine renewable
The Welsh government has revealed winners of the Tidal Lagoon Challenge, a program committed to making Wales a world center for emerging tidal energy technologies. The £750,000 (approximately $945,000) program was launched in June 2023, seeking to select at least three research projects that will he
Ocean Harvesting is raising €500,000 for a design improvement of the InfinityWEC wave energy converter and preparation for sea trials. New investors are invited to join a €500,000 financing round for the 2024 activities, split into €120,000 for April–June and €380,000 for the rest of the year. Sinc
Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner. Michael Baumann, Global Application Account Manager Ocean Energy, will be representing SKF on the board. “OEE is the largest global ne
The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre
Swedish tidal energy developer Minesto has reported a total operating income of almost SEK 45.6 million (around €4 million) for the 2023 financial year, a slight decline from SEK 45.7 million in 2022. Minesto’s operating loss was almost SEK 28.7 million, as opposed to SEK 23.7 million reported for 2
Liverpool City Region’s Mayor has presented the UK’s “first of a kind” barrage scheme between Wirral and Liverpool for the city region’s flagship Mersey Tidal Power project. Said to have the potential to become the “world’s largest” tidal scheme, the Mersey Tidal Power project would potentially crea
