Australian wave energy developer Carnegie Clean Energy has appointed German investment firm DGWA as its advisor for European financial markets and investor relations. The move aims to leverage Carnegie’s existing dual listing on the Frankfurt, Tradegate, and Stuttgart Stock Exchanges, increasing exp
Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports
Norway and the U.S. have signed a renewed memorandum of understanding (MoU) covering hydropower and marine energy research, continuing an energy research collaboration that began in 2020. According to the Norwegian Ministry of Energy, the cooperation targets flexible power delivery from hydropower,
French floating solar company HelioRec has completed operations and maintenance (O&M) activities on its 250 kW floating solar installation at Domaine de Cicé-Blossac in France. Commissioned on 29 October 2024, the system has so far helped avoid 70 tonnes of CO₂ emissions – “the equivalent of plantin
Inland waterway shipping company HGK Shipping has joined forces with the Dutch maritime solar specialist Wattlab for what is claimed to be the world’s first hybrid solar-powered inland shipping vessel.
Beijing-based company Dajin Heavy Industry has commissioned its 250 MW Shilihai fishery-solar hybrid photovoltaic (PV) project in Tangshan, Hebei Province, China. The project, which is now fully connected to the grid, employs a dual-use model of “power generation above, aquaculture below,” spanning
French wave energy developer Seaturns has secured €2.45 million to support the industrialization and deployment of its wave energy technology, following a fundraising round backed by 1,543 investors on the LITA.co platform. According to Seaturns, the round also included contributions from long-stan
China Petroleum & Chemical Corporation (Sinopec), together with Shandong Province and Qingdao Municipality, has commenced operations of China’s first commercial floating offshore photovoltaic (PV) project in a full-seawater environment. According to Sinopec, the project integrates a previously inst
According to representatives from the Chilean research team, scale model testing of the Lafquenewen wave energy converter (WEC) has been completed at the FloWave Ocean Energy Research Facility at the University of Edinburgh, marking a notable step toward marine energy deployment off the coast of Leb
The Swedish bearing and seal manufacturing company SKF has joined forces with UK-based tidal energy company Proteus Marine Renewables to deliver what is said to be “cutting-edge” technology for MeyGen, the world’s largest tidal stream facility located in Scotland’s Pentland Firth. SKF has reported a
Dutch-Norwegian firm SolarDuck has completed a test campaign at the Maritime Research Institute Netherlands (MARIN), involving 54 interconnected offshore floating solar platforms, with a real-world capacity of approximately 6 MWp (megawatt peak). According to SolarDuck, this marks the company’s thi
The Hague-based Wave Energy Collective (Weco) has entered the building phase of its upgraded wave energy converter (WEC), Kaizen 2.0, together with Holland Shipyards Group. The project is said to build on a longstanding collaboration between Weco and the Dutch shipyard, which supported the developer
Norwegian fish farming company Emilsen Fisk has ordered a second floating solar power plant from Ålesund-based Alotta, just weeks after commissioning the first unit. According to Alotta, the system, an Alotta Circle Mc120, has already supplied over 90% of the site’s energy needs through solar and ba
Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid tech
