A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.
Swedish marine energy company Minesto has recorded a wider net loss for the first six months of 2022, as opposed to the same period a year earlier.
The Bourne Tidal Test Site (BTTS), located at Cape Cod Canal in Massachusetts, has received approval from the US Army Corps of Engineers (USACE) for the renewal of license for tidal energy technology testing.
Port of Milford Haven has broken ground on key phase of Pembroke Port’s modernization project, whose aim is to adapt the port infrastructure to the needs of the growing marine renewable energy industry in the region.
The European Marine Energy Centre (EMEC) has been awarded over €500,000 to secure two hydrogen tube trailers that will contribute towards the improved hydrogen supply in Orkney.
French start-up HelioRec has opened a seed funding round, whose proceeds will be used to further advance its floating solar technology and business.
Danish wave energy start-up Exowave has teamed up with international offshore energy services provider Semco Maritime to build the future wave energy sector’s value chain.
US Department of Energy (DOE) has released a summary report featuring insights of more than 100 participants of the workshop that analyzed the potential of new materials and manufacturing processes to accelerate the commercialization of marine energy.
Dutch floating solar specialist SolarDuck has tested its floating solar array model at LiR National Ocean Test facility (NOTF), Ireland’s flagship facility for testing and development of offshore technologies.
Scottish marine energy company QED Naval is seeking strategic partners for the supply and manufacture of composite tidal turbine blades for its Subhub-CD platform.
Bombora Wave Power has completed tank testing of its floating foundation system suitable for the InSPIRE solution, which combines the mWave wave energy technology with a wind turbine onto a single floating offshore platform.
The US Department of Energy (DOE) has unveiled the winners of $500,000 cash prize in the second phase of the Ocean Observing Prize competition, established to help develop solutions that use marine energy to power hurricane-monitoring systems.
Bombora Wave Power has awarded a contract for pre-installation surveys at East Pickard Bay for its mWave wave energy device demonstration.
US-based wave energy company Oscilla Power has raised over $500,000 in an ongoing crowdfunding campaign on StartEngine platform.
