Carnegie Clean Energy has substantially reduced its debt following the conversion of Au$1.75 million (€1.1 million) of convertible notes into shares and unlisted options, making the existing company’s funds sufficient to complete the CETO technology pathway.
Wave Power Engineering, the developer behind the Wave Mill device, is looking for UK collaborators to help the company build and deploy a wave energy demonstration plant.
Port of London Authority (PLA) has established a new test site for novel energy-generating technologies that will be powered by the tides of River Thames.
Swedish wave energy developer Seabased has engaged Jason Bayne as director of installation and commissioning. Bayne brings more than 20 years of experience in subsea construction and installation, including project management and offshore execution for many projects that were the first of their kind
Scottish marine energy specialist QED Naval has secured over £1 million in a crowdfunding campaign on Seedrs platform.
Simply Blue Energy has started developing the Western Star project that will feature a hybrid floating offshore wind farm and wave energy conversion array off the west coast of Ireland.
A new collaborative research and innovation project IMPACT has received €3.3 million from the European Union’s Horizon 2020 programme to develop and demonstrate the next generation testing approach for wave energy converters.
Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.
Swedish marine energy developer Minesto has resumed operational activities on its DG100 tidal power plant in Vestmannasund in the Faroe Islands.
Swedish-Israeli wave energy company Eco Wave Power has confidentially submitted a draft registration statement for the proposed listing on Nasdaq US stock exchange market.
Wave Energy Scotland (WES) has unveiled details about the expected starting date and the proposed scope for the upcoming pre-commercial procurement (PCP) process for the EU-funded EuropeWave project.
The EU-funded DTOceanPlus project has developed standalone beta versions of the whole suite of new design tools for ocean energy systems which are now ready for the demonstration phase.
Researchers in the north of Scotland and Wales are trialling a new method of measuring tidal currents with the help of drones in a project that could revolutionise the marine renewables industry.
Swedish-Israeli wave energy developer Eco Wave Power has started preparation works for the installation of floaters on the seawall of the Port of Jaffa in Israel.
