US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss by $0.3 million in the third quarter of fiscal 2021 as compared to the same period a year earlier.
Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection for its technology in Canada.
US-based tidal energy developer Verdant Power has appointed a new chairman and four additional members to its board of directors as the company focuses on global commercialization.
Simply Blue Energy has started developing the Western Star project that will feature a hybrid floating offshore wind farm and wave energy conversion array off the west coast of Ireland.
A new collaborative research and innovation project IMPACT has received €3.3 million from the European Union’s Horizon 2020 programme to develop and demonstrate the next generation testing approach for wave energy converters.
Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.
Swedish marine energy developer Minesto has resumed operational activities on its DG100 tidal power plant in Vestmannasund in the Faroe Islands.
Swedish-Israeli wave energy company Eco Wave Power has confidentially submitted a draft registration statement for the proposed listing on Nasdaq US stock exchange market.
Wave Energy Scotland (WES) has unveiled details about the expected starting date and the proposed scope for the upcoming pre-commercial procurement (PCP) process for the EU-funded EuropeWave project.
The EU-funded DTOceanPlus project has developed standalone beta versions of the whole suite of new design tools for ocean energy systems which are now ready for the demonstration phase.
United Nations Environment Programme Finance Initiative (UNEP FI) has released a new guidance on blue finance to help banks, insurers and investors take action on the transition of ocean sectors to a sustainable future.
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 23 marine energy projects to receive testing and technical support as part of the second call for projects.
Researchers in the north of Scotland and Wales are trialling a new method of measuring tidal currents with the help of drones in a project that could revolutionise the marine renewables industry.
The Dutch Marine Energy Centre (DMEC) has become a member of the global blue economy business and investment organization World Ocean Council (WOC).
