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Tidal & Wave Energy

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Illustration/Wavepiston's wave energy technology (Courtesy of Wavepiston)

Tidal & Wave Energy

Wavepiston appoints new board member

Danish wave energy firm Wavepiston has named Jan Otto Ooms as its newest board member following its annual general meeting on June 20, 2025. Jan Otto, founder of Connect the Drops, recently invested in Wavepiston and brings experience in scaling businesses and the water sector. Wavepiston secured a

about 1 year ago

Tidal & Wave Energy

Danish firm brings in BlueNewables for wave energy project permitting support

Danish wave energy firm Wavepiston has signed a collaboration agreement with a Spanish engineering consultancy supporting the marine energy sector, BlueNewables, to support its wave energy project off Gran Canaria, Spain. BlueNewables, an engineering consultancy focused on innovation in the blue eco

about 1 year ago

Tidal & Wave Energy

Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago

Tidal & Wave Energy

Subsea cable protection tech installed at tidal energy site off Orkney

UK-based subsea technology company Vesipro has supplied 1,366 meters of its Blue Ocean Protectors (BOP0130, 120 millimeter bore) to support the installation of a 33 kV subsea power cable at a high-current tidal energy site in Orkney, Scotland. According to the UK-based company, the site is known for

about 1 year ago

Tidal & Wave Energy

UK firm secures almost $5M for Morlais tidal energy demonstrator build

UK-based Inyanga Marine Energy Group has raised £3.7 million (approximately $5 million) in fresh investment to support the build of a tidal energy demonstrator for the Morlais project in Wales. According to Inyanga, the funding round includes backing from the British Business Bank via The FSE Group

about 1 year ago

Tidal & Wave Energy

New tidal turbine blade tech project links Wales and Galicia

A new cross-border initiative to develop tidal turbine blades is underway in Wales, led by Menter Môn Morlais, developer of what is said to be Europe’s largest consented tidal energy scheme. According to Menter Môn Morlais, the project is backed by £1 million (approximately $1.3 million) in funding

about 1 year ago

Tidal & Wave Energy

€2.45 million wave energy project targets Atlantic coastal deployment

Wave energy developer Eco Wave Power has joined a newly approved €2.45 million project under the Interreg Atlantic Area Program, focused on advancing scalable wave energy deployment across Europe’s Atlantic coastline. According to Eco Wave Power, the project, named Atlantic Wave Energy Sustainable

about 1 year ago

Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)

Tidal & Wave Energy

EU places ocean energy at heart of clean power push

The European Commission has included ocean energy among the technologies eligible under the 5% innovation target set by the EU Renewable Energy Directive. According to Ocean Energy Europe (OEE), a network of ocean energy professionals, the guidance issued on July 2, 2025, calls on member states to e

about 1 year ago

Tidal & Wave Energy

Carnegie aims for stronger European investor ties via DGWA

Australian wave energy developer Carnegie Clean Energy has appointed German investment firm DGWA as its advisor for European financial markets and investor relations. The move aims to leverage Carnegie’s existing dual listing on the Frankfurt, Tradegate, and Stuttgart Stock Exchanges, increasing exp

about 1 year ago

Minesto receives funding for next-generation mooring system

Tidal & Wave Energy

Minesto slashes costs, closes Wales office in major reorganization

Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports

about 1 year ago

Seaturns' wave energy device deployed near Brest (Courtesy of Seaturns/Photo by Stéphane LESBATS/Ifremer)

Tidal & Wave Energy

Seaturns raises €2.45 million to launch full-scale wave energy demonstrator

French wave energy developer Seaturns has secured €2.45 million to support the industrialization and deployment of its wave energy technology, following a fundraising round backed by 1,543 investors on the LITA.co platform. According to Seaturns, the round also included contributions from long-stan

about 1 year ago

Chilean researchers test wave energy device in Edinburgh ahead of Lebu deployment

Tidal & Wave Energy

Chilean researchers’ wave energy converter put to test at FloWave facility

According to representatives from the Chilean research team, scale model testing of the Lafquenewen wave energy converter (WEC) has been completed at the FloWave Ocean Energy Research Facility at the University of Edinburgh, marking a notable step toward marine energy deployment off the coast of Leb

about 1 year ago

Image of Proteus Marine Renewables' tidal turbine underwater

Tidal & Wave Energy

Six years without pause sets milestone for world’s largest tidal stream array

The Swedish bearing and seal manufacturing company SKF has joined forces with UK-based tidal energy company Proteus Marine Renewables to deliver what is said to be “cutting-edge” technology for MeyGen, the world’s largest tidal stream facility located in Scotland’s Pentland Firth. SKF has reported a

about 1 year ago

Tidal & Wave Energy

Weco’s improved wave energy converter taking shape (Video)

The Hague-based Wave Energy Collective (Weco) has entered the building phase of its upgraded wave energy converter (WEC), Kaizen 2.0, together with Holland Shipyards Group. The project is said to build on a longstanding collaboration between Weco and the Dutch shipyard, which supported the developer

about 1 year ago