Danish company Resen Waves is looking to sell the company or patent and know-how for its wave energy technology after 12 years of development.
“It’s official, the tidal stream energy market has taken off with 11 companies awarded the contracts for difference,” said Mor Energy, a QED Naval subsidiary company, which has been supported in the latest UK renewables auction round along with Spanish-based Magallanes Renovables which also welcomed
Industry associations, research centers and supported developers have all unanimously welcomed the results of the latest renewables auction in the UK – where 53MW of tidal stream projects won contracts – deeming the outcome a ‘resounding vote of confidence’ in the increasingly mature tidal energy se
Marine Energy Wales has welcomed the announcement that four tidal stream projects, based in Welsh waters, have been given the green light to provide electricity to the National Grid, as part of the latest allocation round of the UK government’s renewable auction.
In its fifth round of the Contracts for Difference (CfD) scheme, the UK has supported 11 tidal energy projects with a record capacity of over 50MW and €11.6 million total ringfenced budget.
The announcement that the UK is to join the EU’s flagship Horizon Europe program has been deemed as excellent news for Europe’s ocean energy sector as it could help enable the deployment of more ocean energy projects in the water, keeping Europe’s competitive edge in this emerging industry.
Scottish company Mocean Energy has secured €3.74 million in EU funding to develop and deploy a 250kW wave energy device offshore Orkney, as part of the EuropeWave project.
Swedish company CorPower Ocean has installed its first commercial-scale wave energy converter in northern Portugal, setting the course to making wave energy a bankable technology for mass deployment.
EuropeWave project has selected three finalists – CETO Wave Energy Ireland, IDOM Consulting and Mocean Energy – to fabricate, deploy and demonstrate their prototype designs in the third and final phase of the collaborative wave energy project.
Marine Energy Wales’ project manager Jay Sheppard outlines his thoughts on how the current Contracts for Difference funding mechanism for low carbon electricity could be improved.
Malta’s Ministry for the Environment, Energy and Enterprise has issued a draft National Policy for the Deployment of Offshore Renewable Energy for public consultation and has demarcated six floating offshore wind development areas located beyond the country’s 12-nautical-mile territorial waters and
A collaborative renewable subsea power project, run by Mocean Energy and Verlume, alongside Baker Hughes, Serica Energy and others, has completed an initial four-month test program and secured extension for further testing in the North Sea.
AW-Energy, a Finnish near-shore wave energy technology developer, has joined the Halliburton Labs Clean Energy Accelerator program, gaining access to broad range of know-how to scale up its business.
Scottish wave energy specialist Mocean Energy and Norway-based offshore energy services provider Aker Solutions Subsea have teamed up to explore how locally generated wave energy can extend the lifetime of existing oil and gas hubs by accessing stranded reserves. To this end, the two companies signe
