
A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.

Swedish marine energy company Minesto has recorded a wider net loss for the first six months of 2022, as opposed to the same period a year earlier.

The Bourne Tidal Test Site (BTTS), located at Cape Cod Canal in Massachusetts, has received approval from the US Army Corps of Engineers (USACE) for the renewal of license for tidal energy technology testing.

The European Marine Energy Centre (EMEC) has been awarded over €500,000 to secure two hydrogen tube trailers that will contribute towards the improved hydrogen supply in Orkney.

Danish wave energy start-up Exowave has teamed up with international offshore energy services provider Semco Maritime to build the future wave energy sector’s value chain.

US Department of Energy (DOE) has released a summary report featuring insights of more than 100 participants of the workshop that analyzed the potential of new materials and manufacturing processes to accelerate the commercialization of marine energy.

Scottish marine energy company QED Naval is seeking strategic partners for the supply and manufacture of composite tidal turbine blades for its Subhub-CD platform.

Bombora Wave Power has completed tank testing of its floating foundation system suitable for the InSPIRE solution, which combines the mWave wave energy technology with a wind turbine onto a single floating offshore platform.

Bombora Wave Power has awarded a contract for pre-installation surveys at East Pickard Bay for its mWave wave energy device demonstration.

US-based wave energy company Oscilla Power has raised over $500,000 in an ongoing crowdfunding campaign on StartEngine platform.

The US Department of Energy (US DOE) has published a notice of intent to issue a $10 million funding opportunity to support innovation in the marine energy sector and contribute to the development of stronger blue economy markets.

Australia’s Smart Barge is inviting investors to support the development of what is said to be the world’s first fully mobile tidal energy, harvesting, storage and delivery system.

Norwegian wave-powered desalination developer Ocean Oasis has secured support from the authorities in Spain and Gran Canaria for its establishment and operations in Gran Canaria.

Wave energy is “the elixir that we need” to address climate change by ending the nation’s reliance on fossil fuels, said the U.S. Department of Energy (U.S. DOE) Secretary Jennifer Granholm during the visit to the O.H. Hinsdale Wave Research Laboratory at Oregon State University (OSU). Granholm, tog