The EU-SCORES project, focused on developing energy multi-use parks incorporating different offshore renewable energy sources at one site, has received an official go-ahead from the European Climate, Infrastructure and Environment Executive Agency (CINEA).
Global wave and tidal energy market was valued at $477.81 million in 2022 and is projected to generate a revenue of around $10 billion by 2031 at a compound annual growth rate (CAGR) of 43% during the forecast period, analytics and advisory company Astute Analytica found in its latest report. The re
Scottish company Nova Innovation has expanded its tidal energy product portfolio with the addition of floating solar technology, announcing also plans for the installation of Scotland’s first array of floating solar panels later in 2023.
Swedish company Ocean Harvesting Technologies has embarked on a funding raise, targeting €400,000 to further optimize its InfinityWEC wave energy device ahead of sea trials.
An electric utility providing services to San Juan County in the US state of Washington has started exploring the feasibility of developing a tidal energy project that would provide another layer of energy resilience for the island communities in the Salish Sea.
Ocean Energy Europe has welcomed the inclusion of the 5% target for innovative renewable energy technologies as part of the revision of the EU Renewable Energy Directive (RED).
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
Swedish company Ocean Harvesting Technologies has teamed up with experts in model-based predictive control to increase the performance of InfinityWEC in the upcoming sea trials.
Scottish company Mocean Energy has selected TEXO Engineering & Fabrication (TEXO E&F) as its preferred fabrication, assembly and load-out contractor for the Blue Star and Blue Horizon wave energy converters.
Maynooth University’s Centre for Ocean Energy Research (COER) has secured €500,000 through the joint US-Ireland research program for a collaborative wave energy project whose aim is to make the technology more commercially attractive.
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar
The largest European center for sea trials entirely dedicated to floating wind power and marine renewable energies called the OPEN-C Foundation has been set up in France by major industry players.
Scottish company Orbital Marine Power has secured an Option Agreement from Crown Estate Scotland for a new tidal energy project in the Westray Firth.
Welsh First Minister Mark Drakeford has announced £750,000 (€850,000) for research projects focusing on deployment of tidal lagoon technology as part of Tidal Lagoon Challenge.
