Last week, Port of Milford Haven and Marine Power Systems (MPS) signed a Memorandum of Understanding that will see deeper cooperation in the ongoing development of the WaveSub wave energy converter. The MoU was signed after the testing of WaveSub components at Pembroke Port, which is operated by the
At the global International Conference on Ocean Energy (ICOE) 2016, held in late February in Edinburgh, Martin Edlund, CEO of Minesto, shared the story on how the company managed to fund the development of Deep Green technology. “We are in a very promising position in terms of opportunities to indus
The development of a tidal lagoon in the Swansea Bay will open a path for the UK companies, especially those hit by a downturn in the steel industry, to tap into the supply chain potential in the tidal energy sector. British industrial North has been hit by heavy job losses, especially within the st
Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 7 – 13, 2016. Tidal turbine produces first power off Shetland The Shetland Tidal Array, a joint enterprise between Scottish Nova Innovation and Belgian ELSA, has successfully produced and exported the power f
US-based wave energy developer, Ocean Power Technologies (OPT), has reported a slight decrease in net loss for the third quarter of fiscal year 2016 in the amount of $0.2 million compared to the same period a year earlier. The net loss for the three months ended January 31, 2016 was $2.0 million as
Columbia Power Technologies with its StingRAY wave energy device has been selected to work directly with the US national laboratories to accelerate the path towards commercialization. The Virginia-based wave energy developer will collaborate with National Renewable Energy Laboratory, and Sandia Nati
The deadline for application submissions for the first call for projects launched by the West Atlantic Marine Energy Center (WeAMEC) is approaching with the due date set for March 15, 2016. WeAMEC, a recently established business hub dedicated to marine renewable energies in Pays de la Loire, a regi
A multidisciplinary consortium led by the University of Vigo will install two wave energy converters (WECs) off Galicia, Spain, to demonstrate the efficiency of wave energy devices in the high-energy coasts. The main objective of the Life DemoWave project is to demonstrate the viability of two WECs,
Ocean Power Technologies (OPT) has entered into a letter of intent with Mitsui Engineering and Shipbuilding (MES) to provide engineering support and potentially lease its APB350 PowerBuoy for the project off Japan. OPT is to conduct funded pre-work tasks and negotiate a definitive agreement that wou
The video shows the recently completed project whose aim was to investigate cost-effective methods of cable laying for tidal arrays in strong tidal flow conditions.
Ocean Power Technologies (OPT) will participate in the 28th Annual Roth Capital Partners Conference taking place in California later this month. President and Chief Executive Officer of OPT, George Kirby, will present at the Roth Capital Partners Conference at The Ritz Carlton in Dana Point, Califor
Marine Power Systems (MPS) has been announced as the winner of the Green Business of the Year award at the South Wales Evening Post and Swansea Bay Business Awards 2016. The Swansea-based wave energy developer has been announced as the winner after beating competition from runners up Dan-yr-Ogof, th
The extreme conditions modeling project (ECM) will be releasing two open-source numerical tools for use in modeling extreme conditions of wave energy converters (WECs). Researchers at Sandia National Laboratotries and the National Renewable Energy Laboratory (NREL) have developed the WEC Design Resp
Nova Innovation, a UK-based tidal energy company, has joined Ocean Energy Europe (OEE), an industry group representing the renewable ocean energy sector in Europe. The move comes on the same day as the Scottish tidal stream developer announces the first delivery of power from the Shetland Tidal Arra