Danish company Crestwing has entered the new year with significant funding support secured from both government and private entities that will be used to further advance its wave energy technology and bring it to market-ready stage.
Netherlands-based Symphony Wave Power has secured new funding and investor support to further advance its wave energy technology.
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has opened a €240 million call for the development of marine renewable energy pilot projects, test platforms and associated infrastructure.
In an op-ed piece, Tony Lewis, chief technology officer at OceanEnergy, sheds more light on the potential of wave energy and the expectations from the WEDUSEA project, being coordinated by the Ireland-based company.
Engie’s Laborelec has placed the final order for a storage solution to Entech Smart Energies as part of the FORWARD2030 project, whose aim is to develop a multi-vector energy system and further advance floating tidal energy technology.
Swedish tidal energy company Minesto has signed a long-term lease agreement for strategic port access and onshore operations and maintenance (O&M) work site in the Faroe Islands.
Swedish company Minesto has completed additional offshore infrastructure installation in Faroe Islands to double electricity production from two Dragon 4 tidal energy devices.
CorPower Ocean’s first commercial-scale C4 wave energy converter has been moved to quayside ‘launchpad’, ahead of deployment at the Aguçadoura site in northern Portugal.
Swedish company Waves4Power has opened an equity funding round, looking to secure $25 million, that will support its efforts to unlock opportunities for wave energy developments across the globe.
Local marine services provider SJH Commercial Diving has outlined plans to use Saab Seaeye’s Falcon underwater robot to support Minesto’s tidal power work in Faroe Islands.
Researchers from the University of Exeter have developed a new tool to streamline the life cycle assessment of tidal turbine deployments.
The European Union has launched a funding call under its Horizon Europe program, looking for tidal energy farm demonstration projects, as it aims to improve market confidence and sustainability of tidal energy technology.
Swedish wave energy company Waves4Power and Indonesia’s state-owned electric utility PLN Indonesia Power has signed a memorandum of understanding (MoU) to develop WaveEL wave energy parks on a large scale in the world’s largest archipelagic state.
Scotland’s national economic development agency Scottish Enterprise and its manager of land and sea assets Crown Estate Scotland have selected an Edinburgh-based consultancy to provide technical advice services for investments in the MeyGen tidal energy project.
