Swedish tidal energy developer Minesto has reported wider losses for the first nine months of fiscal year 2022, compared to the same period a year earlier.
The Energy Agency of the Basque Government (EVE) has confirmed it would soon launch a €3.2 million public procurement process for the purchase of new turbine technology for the Mutriku wave energy power plant.
The Swedish ambassador for the ocean has visited Minesto’s tidal energy site in the Faroe Islands to highlight the importance of green energy generated from the sea.
Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel.
A pioneering collaboration between 14 international partners has been established to deliver a €19.6 million wave energy project which aims to be the stepping stone for the commercialization of this emerging clean energy industry worldwide.
Tidal stream energy could plummet below £80 (€90) per MWh by 2035 if current opportunity is realized, a new report by ORE Catapult predicts.
Named Equinox Ocean Turbines, a new ocean energy company has been launched in the Netherlands with a clear goal of exploiting the vast potential of ocean currents by using its tidal energy technology designed for low-speed waters.
Marine Offshore Renewable Energy Lab (MOREnergy) from Politecnico di Torino has launched its new open access web platform, featuring wind and wave energy data for offshore renewable energy projects in Europe.
In the light of Nord Stream methane leaks, geopolitical tensions, and general global security issues, the US-based company C-Power has brought to spotlight the potential role its wave energy technology could play in protecting increasingly important remote offshore assets.
Exowave has deployed the scale model of its wave energy technology at the Blue Accelerator test platform, located just off the Port of Ostend in Belgium.
Swedish company Minesto has launched a tender for the procurement of a replacement underwater acoustic positioning kit for its tidal energy kite system.
Swedish marine energy developer Minesto has informed that the buildout of the world’s first tidal energy kite array in Hestfjord strait is progressing according to plan.
CorPower Ocean and Maersk Supply Service have installed a subsea export cable off the coast of northern Portugal to energize the HiWave-5 wave energy project.
Nearshore wave energy technology developer AW-Energy has received certification from the global classification society DNV, confirming the company’s compliance with international standards.
