French renewable energy company Qair has secured a $5.7 million (approximately € 4.8 million) senior debt facility from the Facility for Energy Inclusion (FEI), managed by Cygnum Capital, to finance the development, construction, and operation of a 5.8 MWp floating solar plant in Providence Lagoon o
Wave energy developer Eco Wave Power Global and its partner I-KE International Ocean Energy, a subsidiary of Lian Tat Company, have obtained the official land use tender from Suao Port Company for a wave energy pilot station in Taiwan. According to Eco Wave Power, this marks the first time a commerc
Spain-based Astilleros San Enrique, part of Grupo Marina Meridional, has reached a new stage in the construction of the BlueNewables floating solar project with the keel laying of the first of two platforms. The work is taking place at the former Factorias Vulcano site in Vigo. According to local me
UK-based Inyanga Marine Energy Group has appointed Martin Murphy as the new Chair of the Board. Murphy, a Chartered Engineer and experienced CEO, served 12 years in the Royal Navy before moving into senior corporate and entrepreneurial roles in the marine renewables sector, according to Inyanga Mari
U.S.-based marine energy firm Ocean Power Technologies (OPT) has called on New Jersey lawmakers to accelerate support for the state’s emerging marine energy sector during a joint hearing of the New Jersey Assembly Environment, Natural Resources, and Solid Waste Committee and the Senate Environment a
Scottish wave energy company Mocean Energy has signed a memorandum of understanding (MoU) with Netherlands-based floating solar developer SolarDuck to develop hybrid offshore renewable systems combining wave and floating solar power. According to Mocean Energy, the companies, both backed by Norwegia
Wave energy developer Eco Wave Power has completed full installation works for its U.S. pilot project at the Port of Los Angeles, marking a key step toward the first operational testing. According to Eco Wave Power, the scope included full installation of all wave energy floaters, connection of hydr
The UK government opened the application window for Allocation Round 7 (AR7) of the Contracts for Difference (CfD) scheme on August 7, 2025. The window will remain open until August 27, 2025. The CfD scheme has so far supported 10 GW of renewable capacity, with another 23 GW contracted to be operati
Wave energy developer Eco Wave Power has installed its energy conversion unit (ECU) at the Port of Los Angeles, moving its first U.S. wave energy pilot toward initial operational testing. According to Eco Wave Power, the ECU is the core element of the company’s patented onshore system, converting th
U.S.-based engineering and construction company Black & Veatch (B&V) has completed what is described as the Philippines’ first megawatt-scale floating solar photovoltaic (PV) facility, deployed on the Malubog Reservoir to support mining operations. According to B&V, the 3-hectare floating solar arra
UK-based Global OTEC has signed a memorandum of understanding (MoU) with Hawaii-based Makai Ocean Engineering to supply thin foil heat exchanger (TFHX) technology for its OTEC Power Module system. According to Global OTEC, Makai’s TFHX will be integrated into Global OTEC’s modular offshore unit, des
African Export–Import Bank, also referred to as Afreximbank or Banque Africaine d’Import-Export, has signed a $4.4 million project preparation facility agreement with Green Hybrid Power Private to advance feasibility and bankability studies for a 1 GW floating solar photovoltaic (PV) power plant on
Norwegian company Ocean Sun has signed a memorandum of understanding (MoU) with the Ukrainian Zhytomyr City Territorial Community and Turkey’s HICC Heavy Industry Construction to explore the deployment of a floating solar power plant with a capacity of up to 25 MWp. According to Ocean Sun, the MoU s
Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South
