Australian government has dedicated AUD 4.8 million (around € 2.9 million) from its 2020-2021 Federal Budget to the development of a regulatory framework related to offshore renewables. According to the budget document, the funds will “support the development of a regulatory framework for offshore c
The researchers at the Centre for Marine and Renewable Energy (MaREI) have put a tidal turbine blade under ‘the largest load ever’, equivaling the curb weight of ten double-decker buses.
Black & Veatch has secured work in UK energy regulator Ofgem’s Renewable Obligation Statistical Audit Programme.
The Testing Expertise and Access to Marine Energy Research (TEAMER) program, supported by United States Department of Energy, has set an opening date for the second round of technical support calls.
The Offshore Renewable Energy (ORE) Catapult and the Offshore Robotics for Certification of Assets (ORCA) Hub will collaborate on translating UK robotics innovation and research expertise into products and services for the offshore renewables’ industry. ORE Catapult and ORCA Hub will utilise both th
Paimpol-Bréhat tidal energy test site, located off France’s northern region of Brittany, is making great strides towards proving its sustainability, with one developer extending its trials until next year, and another announcing deployment for 2022.
BNP Paribas Asset Management has expanded its range of sustainable thematic investments with the launch of its first blue economy exchange-traded fund (ETF). The fund will build on the work BNP achieved with the circular economy ETF it launched in May 2019. This new ETF, called the BNP Paribas Easy
Scotland-based Orbital Marine Power is moving forward with the manufacturing process of its first O2 floating tidal turbine device rated at 2MW. The retractable legs officially landed on the O2’s floating hull delivered by Gray Fabrication in Dundee with six other parts that will support its turbine
Global developer of sustainable energy projects Simec Atlantis Energy has appointed a new non-executive director, and a special adviser to the company’s board of directors.
Politecnico di Torino and Eni have opened a joint research laboratory MORE – Marine Offshore Renewable Energy Lab to step up the innovation in marine renewable energy sector.
A new publication by industry association Ocean Energy Europe has estimated that 3 GW of ocean energy could be deployed worldwide, with costs falling to around €90/MWh for tidal stream, and €110/MWh for wave energy by 2030.
The MaRINET2 project consortium has organized a short course for offshore renewable energy researchers who will discuss methods for reducing uncertainty in techno-economic analysis of ocean energy.
Norwegian floating solar specialist Ocean Sun has engaged the services of Fearnley Securities to execute a contemplated private placement of the company’s new ordinary shares.
Dutch tidal turbines business Tocardo has struck a deal to acquire the 1.25MW Oosterschelde Tidal Power Plant, the largest tidal array in the world installed on the Oosterscheldekering. The acquisition follows technical due diligence phase during September 2020. The Oosterschelde Tidal Power Plant c
