The Severn Estuary Commission has confirmed that tidal range energy in the Severn Estuary is a viable option for renewable power generation. However, due to stakeholder concerns, commercial barriers, and legislative challenges, the Commission has ruled out the development of a large barrage at this
Renewable energy company WaveGen Energy has completed testing of its 200 W proof of concept (POC) at the National Institute of Technology Karnataka (NITK), demonstrating wave energy technology that could surpass current efficiency standards in the sector. According to WaveGen, its patented technolog
Swedish wave energy developer CorPower Ocean has secured funding from Sweden’s national innovation agency, Vinnova, to integrate artificial intelligence (AI) into its wave energy technology in collaboration with the Norwegian University of Science and Technology (NTNU). According to CorPower Ocean,
Australian company Wave Swell Energy (WSE) has validated its 200 kW wave energy converter (WEC) on King Island, Tasmania, demonstrating the effectiveness of its unidirectional oscillating water column technology. Following this milestone, WSE has opened an investment round to support its next growth
Australian wave energy company WaveX is seeking a SEED investment round to fund the next development phase, aiming to scale up its wave energy technology. The company plans to deploy a large-scale steel prototype in southern Western Australia to demonstrate consistent and reliable electricity produc
Danish wave energy firm Wavepiston has secured a €900,000 investment from two professional investors through The Blue Line, a Dutch joint venture (JV) company. The Blue Line is backed by Connect the Drops, a Dutch investment fund focused on the water sector, and Unknown Group, a venture capital firm
The SHINES project (Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty) has launched, bringing together 14 partners from France, Ireland, Belgium, the Netherlands, Switzerland, and Germany to scale up tidal and river energy deployment. With €10 million in funding, 6
UK-based tidal energy company Proteus Marine Renewables (PMR) has secured a seat on the Ocean Energy Europe (OEE) Board of Directors, with CEO Drew Blaxland representing the company as a new Lead Partner. According to OEE, PMR has been developing its AR series of bottom-mounted tidal turbines for ov
Tidal energy developer Normandie Hydroliennes’ NH1 tidal energy project has been awarded €31.3 million in funding from the European Union’s 2023 Innovation Fund. According to Normandie Hydroliennes, the grant will accelerate the deployment of one of France’s first commercial-scale tidal energy pilo
The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new Managing Director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal energy converters advances its clean energy initiatives. EMEC’s leadership revamp also sees Mark Ham
Italy could install up to 1 GW of offshore solar capacity in the next five years, enough to supply electricity to around half a million households annually, according to estimates of a new position paper by the Italian Association of Offshore Renewable Energy (AERO). Unveiled by SolarinBlue, the rep
Researchers from Observatoire Océanologique de Banyuls-sur-Mer have completed the first environmental sampling mission for the French renewable energy company Solarin Blue’s Méga Sète offshore floating solar project. According to SolarinBlue, the assessment, carried out off the coast of the Port de
Australia’s wave energy developer Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía – EVE) for its ACHIEVE+ wave energy project. The company’s subsidiary, Carnegie Technologies Spain, secured the payment under EVE’s grants progr
Swedish tidal energy developer Minesto has been selected to participate in the Global Innovation Accelerator (GIA), a program funded by the Swedish Energy Agency and operated with Business Sweden. According to Minesto, the initiative supports companies with an international market strategy that con
