
Swedish tidal energy developer Minesto has partnered up with engineering and PLM company TECHNIA to ensure sustainable product design and development for global market.

Ocean Renewable Power Company (ORPC) has reached the final stages of component fabrication for the second RivGen device ahead of deployment in Kvichak River planned for summer 2021 in Alaska.

Swedish company CorPower Ocean has secured a private investment of €9 million, bringing total equity funding to support the demonstration of its first commercial-scale wave energy device in the flagship HiWave-5 project to over €20 million. The investment round was led by Midroc New Technology and

Eco Wave Power, a Swedish-Israeli wave energy developer, won the public vote for this year’s Global Innovation Award at Abu Dhabi Sustainability Week.

The EU-funded VALID project has launched a survey to gather industry input for the accelerated testing requirements for wave energy developments.

US-based wave energy developer Oscilla Power has decided to extend its crowdfunding campaign on MicroVentures to accommodate the rising interest from the investors. After reaching the crowdfunding target of almost $140,000 in its second campaign, conducted to raise funds to complete the construction

Danish clean energy technology start-up Exowave has won an Innovation Fund Denmark grant for its project that combines wave energy with desalination for fresh water production.

Scotland-based clean energy solutions provider Logan Energy has won a public tender contract with Welsh social enterprise Menter Môn to support the delivery of a hydrogen production plant, refuelling and distribution hub in Holyhead, North Wales.

AqualisBraemar LOC Group is acquiring East Point Geo, a UK-based geoscience consultancy in the offshore and onshore renewable energy and oil and gas sectors. AqualisBraemar LOC, which has entered into a definitive agreement to obtain 100 per cent of the share capital of East Point Geo Limited, said

Sustainable Energy Authority of Ireland (SEAI) has launched a €10 million funding call to support innovative energy RD&D projects, including ocean energy, offshore wind and green hydrogen-related developments.

There has been much discussion over the possible outcome for the Gulf of Mexico, but one of the areas that will be affected the most is Alaska, Rystad said.

Ocean Energy Europe (OEE) has appointed risk and insurance consultancy Renewable Risk Advisers to design a brand-new European insurance fund for the ocean energy sector as part of the EU-funded OceanSET project.

The DIKWE project – being developed by a consortium of French companies including Legendre Group, GEPS Techno, and Ifremer – has moved a step closer to real sea trials following successful tank testing campaign conducted in Brest last autumn.

Welsh-based company Marine Power Systems (MPS) is looking to fill the vacancies for three positions related to the development of its full-scale WaveSub wave energy converter.