With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
Swedish company Ocean Harvesting Technologies has filed a new patent application for an improved wave energy system with standard components.
Danish company Wavepiston has through its ongoing capital raise secured €600,000 in investment commitments that will be used to further advance its wave energy technology.
Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has drafted a plan for four aid programs totaling €200 million, designed to boost investment in pilot projects, test platforms, and port infrastructure for marine renewable energy.
DNV has signed a memorandum of understanding (MoU) with Korean floating solar suppliers to explore business cooperation opportunities with the aim of increasing the number of floating solar plants in Korea and globally.
Ocean Sun has signed an agreement to license its proprietary floating solar technology to developer Sunneng Technology for the construction of a 0.5MWp offshore floating solar pilot connected to a wind turbine in Haiyang, China.
AMOG Consulting has completed model testing of its Sea-Saw wave energy converter as part of the EuropeWave project.
Dutch company Tocardo has appointed Matt Reed as its new chief technical officer who will take the lead on the development of an upgraded version of T-2 tidal energy turbine.
One of the leading tidal energy experts in UK, Jeremy Smith from the Scottish company QED Naval, has urged the UK government to give the tidal sector dramatically more financial support in order to improve the resilience of the country’s clean energy systems.
RWE, one of the world’s leading companies for renewable energy, and Dutch-Norwegian company SolarDuck have signed a collaboration agreement to develop the use of floating solar parks at sea, while also outlining plans for integration of such power plants with offshore wind farms.
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2022, compared to the same period a year earlier, recording also a slight rise in revenues for the period.
The European Commissioner for Energy Kadri Simson has visited the Eastern Scheldt Tidal Power Plant in Dutch province of Zeeland, to get a glimpse of the future where tidal energy is an everyday part of EU citizens’ lives.
Global energy company EDP has inaugurated a 5MW floating solar plant in Alqueva – said to be the largest floating solar installation on a dam reservoir in Europe.
Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, th
