SIMEC Atlantis Energy has secured UK government support to deliver the next phase of one of the world’s leading tidal power schemes – the MeyGen tidal energy project.
Scottish floating tidal energy company Orbital Marine Power has been awarded two contracts for difference (CfDs) in the latest renewable energy auction scheme in the UK.
The fourth round of the Contracts for Difference (CfD) scheme has seen the first-ever tidal stream auction winners – Orbital Marine Power, SIMEC Atlantis Energy, and Magallanes Renovables – who will together generate over 40MW of clean power from tides for British homes and businesses.
The biggest ever round of UK government’s flagship renewables auction scheme has secured record capacity of almost 11GW of clean energy, to be delivered across a range of clean technologies, including offshore wind, solar, onshore wind, and for the first time ever – floating wind and tidal energy.
Sustainable Marine has formed a strategic partnership with Portugal’s blueOASIS to develop a range of ‘SIDS-appropriate’ marine renewable energy solutions that can help unlock the vast ocean energy potential of Small Island Developing States (SIDS).
Wave Energy Scotland (WES) has embarked on a market probing exercise into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.
Europe’s largest renewable energy generator Statkraft has issued a notice to proceed with the installation of additional floating solar units for the project in Albania, which also involves technology supplier Ocean Sun.
Marine Energy Wales, the industry association for Welsh marine energy, has secured a new three-year grant from the Welsh government to support its work until 2025.
Swedish company CorPower Ocean is looking to expand its ‘world-class’ team of ocean energy experts with several new positions up for grabs.
Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.
RWE, one of the world’s leading companies for renewable energy, has commissioned its first floating solar project – a 6.1MWp power plant installed in the Dutch province of Noord-Brabant.
UK-based company Global OTEC has signed what’s said to be the world’s first deal to develop a power purchase agreement (PPA) for a 1.5MW floating ocean thermal energy conversion (OTEC) platform offshore São Tomé island.
Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally
SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia
