Cutting down costs of commercial-scale marine energy projects is one of the main challenges technology developers face when competing with other renewable energy sources, such as solar and wind. Oscilla Power has recently completed an investigation into the value of energy storage when combined with
A £60 million marine energy project in Pembrokeshire, Wales has seen the green light. The UK Government and Welsh Government have approved the business case for the Pembroke Dock Marine project. The project could generate £73.5 million a year to the Swansea Bay City Region’s economy. Pembroke Dock M
A new report published has called on industry and government to work together to develop opportunities for the use of marine renewables in the oil and gas sector. The call is backed by a coalition of organisations and individuals who attended a conference held at the University of Aberdeen last year
Marine Energy Alliance has reached another important milestone by awarding services to 23 small and medium-sized enterprises (SMEs) through its Second Call for Applications. The Marine Energy Alliance aims to progress the technical and commercial maturity level of early-stage (TRL 3 – 4) marine ener
Ireland-Wales cooperation programme, the Selkie project, has picked Ocean Energy as part of its wave energy tender call. Ocean Energy is a wave energy technology developer based in Cobh, Ireland. The company completed the fabrication of its 500kW OE35 device for deployment at the US Navy Test Site i
The Blue Economy Cooperative Research Centre (BECRC) has recently commissioned 17 short-term scoping projects as part of its research agenda. These industry-focused projects involve collaboration between industry and research partners and will guide the CRC’s future. The new projects, spreading acro
Marine Power Systems is seeking a naval architect with expertise in design, project engineering, development and construction of large marine structures. This role would suit someone with a background primarily in naval architecture that has also gained experience of project management/supervision o
DNV GL has launched a joint industry project with 14 participants to develop the first recommended practice for floating solar power projects. The planned recommended practice will provide a commonly recognised standard based on a list of technical requirements for developing safe, reliable and sust
Eight UK organisations have signed new agreements to develop and provide renewable energy technologies, services and research in China. Aleron Group, Miros Scotland, ZOEX Wave Power, along with Logan Energy, REOptimize Systems, Anakata Wind Power and Blueprint Subsea signed memorandums of understand
The Finnish company AW-Energy Oy (AWE) is raising funds to support its first commercial installations of WaveRoller technology in 2021. To that end, AWE has hired Fredericks Michael & Co. to help identify and approach strategic partners, and financial investors. With projects in US, Europe and Asia,
The US Department of Energy announced the winners of the second stage (DESIGN) of the Waves to Water Prize. Waves to Water launched in February 2019 by assistant secretary Daniel R Simmons. It calls on US innovators to deliver wave energy-powered desalination systems to remote coastal and island com
Shepherd Offshore is constructing one of Europe’s largest offshore testing tanks at Neptune Energy Park in Walker, Newcastle. Located on the North Bank of the Tyne, the Neptune Enterprise Zone is one of the UK’s six centres for offshore renewable engineering (CORE) sites. This development to the fac
Simec Atlantis Energy has appointed Investec Bank as the company’s nominated adviser and sole broker, effective immediately. Also, the company sad that its tidal turbine array recently reached 29GWh produced to the grid. Furthermore, Simec Atlantis through its partnership with ITPEnergised recently
Marine energy developer Minesto has completed the first offshore installation phase of its Faroe Islands project. The company has set up the gravity-based foundation for the powerplant at the site in Vestmannasund. David Collier, COO at Minesto, said: “The operations team has managed to safely progr
