UK-based tidal energy company Proteus Marine Renewables (PMR) has launched a crowdfunding campaign to support its technology commercialization program. On 9 September, PMR opened early access to crowdfunding through Crowdcube. “With key global sites primed for tidal energy adoption and the market f
The Hague-based Wave Energy Collective (Weco) has completed testing of its wave energy converter (WEC) at the 24/7 Waves facility, clearing the path for further multi-week tests. At the 24/7 Wave facility, Weco said its WEC had generated electricity from 70 cm waves. “The test will help us prepare f
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved funding of $2.1 million for 13 projects through its thirteenth Request for Technical Support (RFTS). According to TEAMER, the selected projects will receive support for testing, access to numerical modeling
Italy-based engineering service provider Saipem has launched the first full-scale prototype of XolarSurf, a modular solution for harsh offshore floating solar, in Norway. Developed by Saipem’s Norwegian subsidiary Moss Maritime, with the Norwegian manufacturer Kystteknikk and other subcontractors, t
The European Union has approved WEDUSEA, a €19.6 million partnership project aimed at advancing large-scale wave energy commercialization. Coordinated by Irish company OceanEnergy, WEDUSEA, which stands for “Wave Energy Demonstration at Utility Scale to Enable Arrays,” is a collaboration involving 1
U.S.-based marine energy firm Ocean Power Technologies (OPT) has completed more than four months of offshore testing of its next-generation PowerBuoy (PB) in the Atlantic Ocean, offshore New Jersey, and is preparing the system for deployment at the Naval Postgraduate School (NPS) in Monterey to enha
The Ondas de Peniche (ONDEP) project has secured €19 million in funding from the EU’s Horizon Europe funding program to deploy a 2 MW wave energy array with four WaveRoller wave energy converters offshore Portugal. The ONDEP project will start in October 2024 and run for five and a half years, cover
Key industry players have welcomed the recent UK renewables auction results, where six tidal stream projects secured contracts, viewing it as a strong endorsement of the tidal energy sector’s growth. Five developers secured contracts to develop a total of 28 MW of tidal stream energy across the UK.
Scottish wave energy company Mocean Energy and German subsea and marine technology company, SubCtech, have signed a memorandum of understanding (MoU) to explore how wave and solar energy can be coupled with batteries to deliver low-carbon solutions for a range of subsea technologies. The two compani
Ocean Energy Europe (OEE), a network of ocean energy professionals, has appointed two new members to its Board of Directors. One appointee comes from Spiralis Energy, a London-based tidal energy start-up, and the other from EDF, a French energy giant. Emmanuel Bouyge, Director of Innovation Project
The UK government has unveiled the results of Allocation Round 6 (AR6) of the contracts for difference (CfD) renewable auction, with six projects across five sites securing contracts to deliver 28 MW of tidal stream capacity at a rate of £172/MWh (approximately $225/Mwh). AR6 marks the third consecu
Marine classification society, Lloyd’s Register, has been contracted by Australian wave energy developer, Carnegie Clean Energy, to begin the certification process for CETO, a fully submerged point absorber wave energy converter (WEC). Lloyd’s Register will assess Carnegie’s CETO WEC according to IE
Eco Wave Power has received a green light from the Port of Los Angeles for the engineering plans of the wave energy project the company is developing in partnership with Shell International Exploration and Production, as well as for other documents submitted. The Port of Los Angeles and AltaSea at t
Carnegie Clean Energy, through its wholly owned subsidiary CETO Wave Energy Ireland (CWEI), has received a progress payment of €251,100 under the EuropeWave Phase 3 contract. The EuropeWave contract is part of the ACHIEVE Program, facilitating the first deployment of CETO in Europe. This contractu
