Atlantis, majority owner of the tidal stream energy project MeyGen, has announced that its flagship project has achieved another significant funding milestone, successfully completing all conditions required to initiate its first drawdown from its senior project finance providers, The Crown Estate a
Atlantis’ project MeyGen completed all conditions required to initiate the first drawdown from its senior project finance providers, The Crown Estate and Scottish Enterprise through the Renewable Energy Investment Fund, Atlantis’ press release reads. The major construction and supply contractors to
DHI Group, in collaboration with several partners, has developed a GIS-based web client SI OCEAN Data Portal in order to aid in identifying areas suitable for present wave and tidal energy extraction technologies, company’s press release reads. The Strategic Initiatives for Ocean Energy (SI OCEAN) D
Secretary of the Interior Sally Jewell has named Abigail Ross Hopper as the Director of the Bureau of Ocean Energy Management (BOEM), which manages the development of the USA’s conventional and renewable energy and marine mineral resources on the Outer Continental Shelf. Ms. Hopper currently serves
Ocean Power Technologies, wave energy technology company, has received approximately USD 1.1 million from the state of New Jersey, it is stated in the company’s press release. The New Jersey’s Business Tax Certificate Transfer Program enables companies to raise cash to finance their growth and opera
The Board of Trustees of the Long Island Power Authority (LIPA) have decided to award power purchase agreements (PPAs) to eleven solar energy projects yesterday. One of the renewable energy projects expected to be selected by LIPA was the Deepwater Wind’s offshore wind farm. Last year, LIPA called f
The Board of Trustees of the Long Island Power Authority (LIPA) have decided to award power purchase agreements (PPAs) to eleven solar energy projects yesterday. One of the renewable energy projects expected to be selected by LIPA was the Deepwater Wind’s offshore wind farm. Last year, LIPA called f
Renewables and fossil fuels for the first time accounted equally in 32 percent of total electricity generated in Scotland, it is stated in Scottish Government’s comment on the energy statistics report published today by DECC. Scotland continues to be a net exporter of electricity, exporting a record
UK Department of Energy & Climate Change has released energy statistics report for the third quarter of 2014. Electricity generated in the third quarter of 2014 fell by 5.1 percent, from 79.5 TWh a year earlier to 75.4 TWh, the lowest level of generation since 1998. The share of renewables (hydro, w
According to the UK’s Energy Trends and Quarterly Energy Prices published by the Department of Energy and Climate Change (DECC) today, December 18, offshore wind energy generation rose by 14.1 per cent compared to the same period last year. Renewables’ share of electricity generation increased from
According to the UK’s Energy Trends and Quarterly Energy Prices published by the Department of Energy and Climate Change (DECC) today, December 18, offshore wind energy generation rose by 14.1 per cent compared to the same period last year. Renewables’ share of electricity generation increased from
Belgium will have their say in early 2015 about a project that would see excess energy stored and used later when needed. The project aims to store energy produced by offshore wind farms when there is low demand, or storing it for when there is no wind, writes Reuters. It comprises a donut-shaped is
The trustees of the Long Island Power Authority (LIPA) are scheduled to decide today on purchasing electricity from several clean energy projects proposed to be built in Long Island. The projects on which the aforementioned decision will be taken include several solar facilities and Deepwater Wind’s
The Sihwa Lake tidal power station in South Korea has the capacity to generate 552.7 GWh of energy annually, and was opened in August 2011. The project is stationed on Lake Sihwa which is located in the Midwest of the Korean Peninsula in Gyeonggi Province, bordering the West Sea at the Lake Sihwa re