Welsh marine energy developer Marine Power Systems (MPS) has launched the procurement process for engineering design works related to its wave energy converter and floating offshore energy platform demonstrators.
Canadian company Oneka Technologies has closed a Ca$5.5 million ($4.4 million) financing round, bringing in Innovacorp, Baruch Future Ventures and MANN+HUMMEL as its latest partners.
Dutch clean technology start-up Ocean Grazer has completed the first live test phase of its Ocean Battery energy storage system, deemed as a ‘missing link’ in the global energy transition movement.
U.S.-based marine energy company Resolute Marine has been awarded the Solar Impulse Foundation’s (SIF) Efficient Solution label for its Wave2O wave-powered desalination technology.
The Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has teamed up with the Brandenburg University of Technology Cottbus-Senftenberg (BTU) and RWE Renewables to test several floating photovoltaic (PV) systems with different structure designs on open waters.
Sustainable Marine’s new turbine rotors have proven they can survive for two decades in the field, following rigorous tests at marine energy centre of the National University of Ireland.
The U.S. Department of Energy (DOE) has made available up to $27 million in federal funding for research and development projects to convert energy from ocean waves into carbon-free electricity.
Dutch tidal energy company SeaQurrent has made progress with the preparation of the test site offshore the island of Ameland in the Wadden Sea ahead of the upcoming demonstration of its full-scale TidalKite device.
Swedish marine energy developer Minesto has improved power production performance through upgrades and modifications of its DG100 tidal kite system, as key aspects of test operations and electricity production get third-party verified by DNV.
Wave Energy Scotland (WES) has selected three companies to share nearly £1.8 million to demonstrate their quick connection systems which are expected to bring down the cost of wave energy.
The €20 million EuropeWave project has invited wave energy developers to apply for funding via its innovative pre-commercial procurement (PCP) programme.
Dutch tidal energy company Tocardo and U.S.-based marine energy developer C-Power have made it to the Greenbackers Investment Capital’s final list of technology start-ups to take part in an innovative six-month international investment programme.
SIMEC Atlantis Energy, the developer of the MeyGen tidal energy project, has reduced the financial losses for 2020 – the year in which MeyGen tidal array exported over 37GWh of clean power to the UK grid, breaking every record for tidal energy production set so far.
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
