Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid tech
The Italy-based global power cable manufacturer Prysmian will supply subsea export cables for the HydroWing tidal energy array, led by UK-based Inyanga Marine Energy Group at the Morlais site off Anglesey, Wales. Scheduled for deployment in early 2026, the HydroWing array aims to deliver 20 MW of pr
The Netherlands-based tidal and wave energy developer Symphony Wave Power has signed a memorandum of understanding (MoU) with compatriot firm ONE-Dyas to advance testing of its wave energy technology for offshore power applications in the Dutch North Sea. With deployment targeted for 2027, the compa
France-based Legendre Group has started constructing the first full-scale demonstrator for the Dikwe project in Boulogne-sur-Mer, northern France, in collaboration with GEPS Techno. Supported by ADEME and the Région Hauts-de-France, the initiative aims to integrate wave energy generation into coasta
The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi
Swedish tidal energy developer Minesto has secured a SEK 22 million (approximately $2.3 million) loan from Fenja Capital to be used as working capital for its ongoing operations and business development. According to Minesto, the loan has a four percent set-up fee and a one percent monthly interest
Norwegian company Havkraft has reported an energy conversion rate of over 80% from its latest lab test of a scaled wave power converter model, marking the firm’s most efficient result to date. The model was tested at Stadt Towing Tank in Måløy, where recent geometric adjustments led to a performance
Scotland-based Nova Innovation has achieved triple ISO accreditation covering its quality, environmental, and health & safety management systems. The company said the certifications confirm its commitment to improving internal operations while aligning with internationally recognised standards. “It’
Swedish tidal energy developer Minesto’s upgraded Dragon 12 tidal energy device, deployed in Vestmannasund, Faroe Islands, has reached a performance milestone, delivering a 25% increase in power output following the installation of a longer tether. According to Minesto, the ten-meter extension to th
French wave energy developer Seaturns has signed an agreement with the OPEN-C Foundation to deploy a full-scale wave energy demonstrator at the SEM-REV offshore test site near Le Croisic, with installation scheduled for summer 2025. According to Seaturns, the move follows the completion of reduced-s
UK-based climate tech start-up Indeximate has secured a three-year extension to provide cable condition monitoring for SAE Renewables’ MeyGen tidal array in Caithness, Scotland. The contract, active since March 2024, includes an annual subscription to the company’s Scattersphere system, used to mon
The UK-based tidal stream energy developer Tidal Technologies Limited (TTL) has launched a procurement process for its first full-scale tidal energy prototype, TT2, marking a step forward in the deployment of UK-developed tidal stream technology. The company is seeking suppliers for the equipment su
Dutch-based company Water2Energy (W2E) has reported a 20% increase in turbine output following the deployment of its enhanced pitch control system, outperforming earlier performance estimates, according to Offshore For Sure (O4S). The improvement is attributed to individual blade pitch control, whic
UK-based Inyanga Marine Energy Group has confirmed a new round of contract awards for its 20 MW HydroWing tidal energy array, set for deployment at the Morlais site off Anglesey, Wales, in the first quarter of 2026. Newly announced contract recipients include PPI Engineering for the design and manuf
