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Marine Energy

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Illustration (Courtesy of AqualisBraemar LOC Group)
Marine Energy

AqualisBraemar LOC takes the reigns at Innosea

AqualisBraemar LOC Group has taken the full ownership of engineering, design and R&D consulting firm specialising in marine renewables Innosea.

about 4 years ago
Illustration/OPT’s PB3 PowerBuoy ready for North Sea deployment (Courtesy of OPT)
Marine Energy

OPT grows second quarter loss

U.S.-based marine energy company Ocean Power Technologies (OPT) has increased its net loss in the second quarter of fiscal 2022, as compared to the same period a year earlier.

about 4 years ago
Photo showing Orbital Marine’s O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Marine Energy

Orbital Marine set for tidal power delivery across UK

Scottish tidal energy company Orbital Marine Power has unveiled plans to qualify multiple applications for submission into the UK Government’s newly opened renewable energy auction round.

about 4 years ago
Photo of P66 hydrokinetic turbine (Courtesy of Guinard Energies)
Marine Energy

Riverine tidal turbine set for suburbs of Paris

French start-up Guinard Energies has unveiled plans to deploy a hydrokinetic turbine in the river Marne that will power the newly-established centre for environmental protection and preservation of biodiversity.

about 4 years ago
The concept for MPS’ wind and wave energy hybrid (Courtesy of Marine Power Systems)
Marine Energy

MPS eyes new contractor for megawatt-scale wind and wave hybrid

Welsh marine energy company Marine Power Systems (MPS) has launched a tender for the supply of platform electrical & electronic control centre (PEECC) for its hybrid wave and wind demonstrator set for deployment in Spain.

about 4 years ago
Photo showing SIMEC Atlantis' tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Marine Energy

SIMEC Atlantis sells hydro business to step up focus on tidal

SIMEC Atlantis Energy has sold its hydro power subsidiary Green Highlands Renewables (GHR) for a total of €3.5 million in a move to simplify its business structure and increase focus on tidal and power station conversion businesses.

about 4 years ago
Ocean Power Technologies welcomes new CFO
Marine Energy

Ocean Power Technologies welcomes new CFO

Marine energy company Ocean Power Technologies (OPT) has named Robert P. (Bob) Powers as senior vice president and chief financial officer (CFO), effective 13 December 2021.

about 4 years ago
A photo of a WindFloat Atlantic floating turbine
Marine Energy

Spain approves offshore wind and marine energy roadmap

Spain’s Council of Ministers, at the proposal of the Ministry for the Ecological Transition and the Demographic Challenge, has approved the Roadmap for the Development of Offshore Wind and Marine Energy. The Roadmap contains 20 lines of action with the aim of reaching between 1 GW and 3 GW of floati

about 4 years ago
UK opens biggest ever Contracts for Difference round
Marine Energy

UK opens biggest ever Contracts for Difference round

The biggest ever round of the UK government’s renewable energy support scheme opened on Monday, 13 December. Renewable energy projects across Great Britain can now bid for funding in the fourth round of the Contracts for Difference (CfD) scheme, which is aiming to secure 12 GW of electricity capacit

about 4 years ago
Governments
Marine Energy

In focus: Governments take the lead in funding energy transition projects

Although the year draws to a close and embraces the holiday spirit, the global energy transition shows no signs of slowing down. In the week behind us, we witnessed that governments spare no expense to support clean energy projects and step up the energy transition game.

about 4 years ago
Morlais tidal energy project gets government's OK
Marine Energy

Morlais tidal energy project gets government’s OK

The Welsh Government has given its consent for the development of the Morlais tidal stream energy project set to be located offshore Holy Island.

about 4 years ago
Welsh renewables review puts spotlight on marine energy
Marine Energy

Welsh renewables review puts spotlight on marine energy

The outcome of the Welsh government’s Deep Dive into Renewable Energy review into scaling up renewable energy deployment has been released, with a large number of recommendations particularly relevant to the marine energy sector.

about 4 years ago
Illustration (Courtesy of Deloitte)
Marine Energy

Floating solar – an opportunity for all in the value chain, Deloitte finds

All energy ecosystem players have an opportunity to tap into floating solar industry’s emerging value, according to a new report by Deloitte.

about 4 years ago
MPVAqua project’s offshore floating solar innovation (Courtesy of Tractebel)
Marine Energy

Industry majors streamlining offshore floating solar system for Belgian North Sea

Involving major offshore industry names – like DEME, Jan de Nul, and Tractebel – the MPVAqua research project is moving forward with the development of offshore floating solar concept, designed to withstand rough environment of the Belgian North Sea.

about 4 years ago
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