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Tidal & Wave Energy

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HydroQuest’s concept for its next-gen 2.5MW tidal turbines (Courtesy of HydroQuest)
Tidal & Wave Energy

HydroQuest launches crowdfunding campaign to support tidal energy activities

French tidal energy company HydroQuest has launched a crowdfunding campaign, targeting €1.5 million to meet the objectives of a major FloWatt tidal energy project.

about 3 years ago
Scots-Commission-Study-to-Help-SMEs-in-Offshore-Wind
Tidal & Wave Energy

Crown Estate and Crown Estate Scotland forge seabed data alliance

Crown Estate Scotland and the Crown Estate have forged a partnership to collect and share data that will provide a more comprehensive and integrated understanding of the UK’s seabed. The new arrangement is said to benefit its many users, the natural environment, and expedite the sustainable deployme

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about 3 years ago
EWP-EDF One power station in the Port of Jaffa, Israel (Courtesy of Eco Wave Power)
Tidal & Wave Energy

Eco Wave Power cuts interim net loss

Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2023, reporting a decrease in net loss when compared to the same period a year before.

about 3 years ago
SIMEC Atlantis’ tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Tidal & Wave Energy

SIMEC Atlantis swings to half-year profit

SIMEC Atlantis Energy has recorded a profit before tax of €5.2 million (£4.5million) for the first six months of fiscal 2023, as opposed to the loss of €9.9 million (£8.6 million) filed for the same period a year earlier.

about 3 years ago
The wing for Minesto's Dragon 12 tidal energy kite (Screenshot/Video by Minesto)
Tidal & Wave Energy

Minesto’s Dragon gets its wings ahead of take off

Swedish ocean energy developer Minesto has completed the manufacturing of the Dragon 12 wing and started system integration at quayside in Uddevalla port in Sweden.

about 3 years ago
GKinetic's 12kW hydrokinetic unit in LImerick city (Courtesy of GKinetic Energy)
Tidal & Wave Energy

GKinetic demonstrates hydrokinetic device as part of +CityxChange project

Irish company GKinetic Energy has showcased one of its 12kW hydrokinetic devices in the heart of Limerick city as part of the €30 million +CityxChange project.

about 3 years ago
QED Naval’s SubHub platform being towed to site in Langstone Harbour (Courtesy of QED Naval)
Tidal & Wave Energy

Interview: To help boost confidence and give clear direction for tidal energy, UK government should set 1GW target for 2035

Jeremy Smith, CEO of QED Naval and its Welsh subsidiary Mor Energy, talked with Offshore Energy about the funding it received in the latest UK government’s contracts for difference auction, the Subhub tidal energy technology, the issues the sector is facing in the UK and what can be done to accelera

about 3 years ago
Port of Aberdeen
Tidal & Wave Energy

Princess Royal unveils £420 million Aberdeen Port expansion

The Port of Aberdeen, the UK’s oldest business, now boasts the country’s newest harbor, signaling a vibrant future for energy, trade, and tourism in Scotland’s journey towards net zero emissions. Namely, the port’s £420 million (USD 514 million) expansion project was officially inaugurated on Friday

about 3 years ago
In focus: Is climate crisis a ‘fossil fuels crisis’?
Tidal & Wave Energy

In focus: Is climate crisis a ‘fossil fuels crisis’?

With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from

about 3 years ago
Illustration/CETO wave energy array (Courtesy of Carnegie Clean Energy)
Tidal & Wave Energy

Spain backs Carnegie with €1.2M for CETO wave energy device deployment

The Spanish government has awarded €1.2 million to Carnegie Clean Energy’s AGUAMARINA project to enhance and extend the deployment of its CETO wave energy device at Biscay Marine Energy Platform (BiMEP) in the Basque Country.

about 3 years ago
Wello's Penguin wave energy device (Courtesy of Wello)
Tidal & Wave Energy

Wello files for bankruptcy and ceases wave energy operations

Fifteen years after its establishment, the Finnish company Wello has declared bankruptcy and ceased operations following the failure of two of its full-scale Penguin wave energy devices in real sea conditions, the last of which occurred offshore Spain in late 2021.

about 3 years ago
META's Sofar Spotter buoy (Courtesy of META)
Tidal & Wave Energy

META starts collecting metocean data at one of its tidal test sites

META, Wales’s national marine energy test facility, has recently deployed one of its Sofar Spotter wave buoys at Criterion Jetty tidal test site in Pembroke Dock.

about 3 years ago
The installation of EEL Energy’s tidal turbine in Rhône river (Courtesy of EEL Energy)
Tidal & Wave Energy

French tidal energy company eyes up to €2M of fresh funding

French company EEL Energy is looking to raise up to €2 million in new funding to help advance its tidal energy technology and projects.

about 3 years ago
Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)
Tidal & Wave Energy

European Parliament nods ‘yes’ to increase the use of renewable energy

The European Parliament has voted to boost the deployment of renewable energy, setting the goal to increase the share of renewables in the EU’s final energy consumption to 42.5% by 2030.

about 3 years ago