Highlands and Islands Enterprise (HIE) has through its subsidiary Wave Energy Scotland approved £12.4 million in 2016/17 for wave energy development projects.
Atlantis Resources has reported a post-tax loss of £7.3 million in 2016, a decrease of £9.3 million on the prior year profit.
Ocean Power Energy Company (ORPC) has informed it would not apply for relicensing of the Cobscook Bay tidal energy project after the current license expires in 2022.
Dutch tidal energy developer Tocardo Tidal Power has completed the installation of its floating tidal turbine at the European Marine Energy Centre (EMEC).
Bilbao-based wave energy company Arrecife Energy Systems is making progress on the development of its wave energy system whose design was inspired by the coral reefs and their efficiency in absorbing the energy of the waves.
UK-based marine consultancy MarineSpace has appointed Phil Durrant as its new Technical Director.
CorPower Ocean’s wave energy device has delivered power to the Swedish grid during dry testing currently taking place in Stockholm.
MetOcean Solutions has completed the wave energy assessment of a nearshore site on the west coast of Mexico on behalf of the Israeli wave energy developer Eco Wave Power.
Finnish developer AW-Energy has assembled its WaveRoller wave energy device. However, it was built using LEGO bricks to spark interest on the scalable wave energy solution.
RenewableUK has named three new members of policy and external affairs team, along with six appointments made to the board of the organization.
Swedish wave energy developer Waves4Power has launched a connection hub for its WaveEL wave energy device deployed off the Norwegian coast.
Carnegie Clean Energy has delivered a renewable energy roadmap for Mauritius, including a detailed design of a wave energy integrated hybrid power station for the island of Rodrigues.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from May 22 – 28, 2017.
The registration for Offshore Energy Exhibition & Conference 2017 (OEEC 2017) is now open. The celebratory tenth edition of this event is expected to attract over 12,000 offshore professionals and more than 650 exhibiting companies.