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Innovation

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Illustration (Courtesy of the European Commission/Photo by Mauro Bottaro)
Innovation

European Investment Bank boosts clean energy financing with €30B for REPowerEU plan

The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.

about 3 years ago
Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Innovation

C-Power opens its doors for ‘ocean energy-friendly’ organizations

US-based marine energy company C-Power has launched a program which offers organizations diverse opportunities at varying levels of resource commitment to bring ocean energy into their innovation roadmaps.

about 3 years ago
ORPC’s RivGen at CHTTC project site in the Winnipeg River (Courtesy of ORPC Canada/Photo by Jim Castle)
Innovation

ORPC launches its first hydrokinetic power system in Canada

ORPC Canada, a subsidiary of US-based company ORPC, has deployed its first RivGen hydrokinetic power system in Canada, which generates emission-free electricity from free-flowing rivers and tidal currents.

about 3 years ago
Illustration/Sabella’s tidal turbine (Courtesy of Ocean Energy Europe)
Innovation

Ocean Energy Europe applauds proposed EU target for ‘innovative’ renewable energy

An industry association representing European ocean energy sector, Ocean Energy Europe, has welcomed the new report which supports the European Parliament’s call for at least 5% of new renewable energy capacity to come from innovative renewable energy technologies.

about 3 years ago
Illustration (Courtesy of Newcastle University)
Innovation

Top UK university searching for small-scale wave energy device aide

Newcastle University is looking for a research engineer who would assist in the design, build, and deployment of a small-scale wave energy device.

about 3 years ago
Anemoi rotor sails
Innovation

Wind measurements key to improving wind-assisted propulsion

Local wind measurement tops the priority agenda of wind-assisted ship propulsion manufacturers as the key requirement that would enable the companies to further optimize their solutions. A survey conducted jointly by Finish measurement technology company Vaisala and the International Windship Associ

about 3 years ago
Argeo's first USV to debut in renewables sector
Innovation

Argeo’s first USV to debut in renewables sector

Argeo’s recently-launched Argus uncrewed surface vehicle (USV) has secured its first project which will be carried out in the renewables market starting in late October. Argus will perform high-resolution mapping of the seafloor and shallow geology, necessary for the planning of offshore installatio

about 3 years ago
The Mutriku wave power plant (Courtesy of Arantxa Tapia/EVE)
Innovation

Tender for new turbines soon to be launched for wave energy power plant in Spain

The Energy Agency of the Basque Government (EVE) has confirmed it would soon launch a €3.2 million public procurement process for the purchase of new turbine technology for the Mutriku wave energy power plant.

about 3 years ago
Illustration/Different types of wave energy converter devices (Screenshot/Small WEC Analysis tool)
Innovation

NREL puts out free analysis tool for small wave energy converters

Researchers at the National Renewable Energy Laboratory (NREL) have released the Small WEC Analysis tool, whose goal is to provide baseline information about the performance of different types of wave energy converters in various ocean settings free of charge.

about 3 years ago
Illustration/Verdant Power’s three-turbine array mounted on TriFrame (Courtesy of US DOE)
Innovation

United States trumpets the largest ever investment in tidal energy and river current systems

The US Department of Energy (DOE) has announced $35 million in funding to advance river current and tidal energy systems, the largest ever made for these renewable energy technologies in the United States so far.

about 3 years ago
Another cable manufacturer wraps up test for 525 kV HVDC cable
Innovation

Another cable manufacturer wraps up test for 525 kV HVDC cable

South Korean cable manufacturer LS Cable & System has completed official certification for its 525 kV cross-linked polyethylene (XLPE) high-voltage direct current (HVDC) system. According to the company, the long-term reliability (pre-qualification) test of the HVDC submarine and underground cables

about 3 years ago
OceanEnergy’s OE35 floating wave energy device (Courtesy of OceanEnergy)
Innovation

International wave energy project sets course for demonstration offshore Scotland

A pioneering collaboration between 14 international partners has been established to deliver a €19.6 million wave energy project which aims to be the stepping stone for the commercialization of this emerging clean energy industry worldwide.

about 3 years ago
Sumitomo completes long-term test of 525 kV cross-linked polyethylene subsea cable
Innovation

Sumitomo completes long-term test for 525 kV cross-linked polyethylene subsea cable

Japan-headquartered Sumitomo Electric Industries has completed a long-term test for its 525 kV cross-linked polyethylene (XLPE)-insulated high-voltage direct current (HVDC) submarine cable system. The cable system was tested in accordance with the international standard CIGRE-TB496 and a third-party

about 3 years ago
Concept for Equinox Ocean Turbines technology (Courtesy of Equinox Ocean Turbines)
Innovation

Dutch newcomer steps on the ocean energy scene

Named Equinox Ocean Turbines, a new ocean energy company has been launched in the Netherlands with a clear goal of exploiting the vast potential of ocean currents by using its tidal energy technology designed for low-speed waters.

about 4 years ago
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