The report offers an overview of the current state of the wave and tidal industry, and provides international market analysis including the development trends and key regions development status. The Global Marine Power (Wave and Tidal) Industry 2015 Market Research Report also discusses development
Carnegie Wave Energy has secured Au$7.5 million ($5.45 million) through an oversubscribed capital raise. Carnegie bagged Au$6.5 million from share purchase plan, and another Au$1 million of commitments through a private placement undertaken with a group of investors who are mostly existing Carnegie
Mojo Maritime’s planning and risk optimisation system called Mermaid now addresses technical breakdowns on marine operations. According to Mojo Maritime, Mermaid allows users to realistically simulate marine operations to uncover the risks and identify critical operations prior to going offshore. Fu
UK energy policy has been described as ‘inconsistent, incoherent and ineffectual’ by Scotland’s Energy Minister at ITES 2015. Fergus Ewing (pictured) made the comments as he accused UK government of failing to meet its objectives and jeopardising energy security at the International Tidal Energy Sum
The newly built facilities, located on the University of Maine campus, will be used to prototype coastal and offshore structures, including ships, aquaculture facilities, oil and gas structures, and ocean energy devices under extreme wave, wind and current environments. The total construction, equip
In the past eight years Offshore Energy Exhibition & Conference (OEEC) has experienced continual growth and it has the ambition to continue this steady course. In that respect we have exciting news to share: OEEC will have a new home in 2016 and will move to hall 1, 2, 4 and 5 of Amsterdam RAI. [&he
Schottel Hydro will deliver a customized turbine solution for Minesto’s Deep Green tidal power plant. For Minesto, Schottel Hydro is developing a new turbine variant, which will optimally fit the requirements of Deep Green. The Deep Green turbine will be significantly smaller and operate at higher r
IT Power has completed a site finding exercise for Floating Power Plant which is looking to deploy its commercial floating wind and wave unit in the UK. Using Floating Power Plant’s (FPP) technical and commercial site requirements as the search criteria, IT Power located a number of sites suitable f
Ocean Renewable Power Company (ORPC) has secured $2.24 million for the development of its technology from the US Department of Energy (DoE). The funding provided by the US DoE will help ORPC develop an innovative deployment and retrieval capability that will significantly reduce costs for cross-flow
Aquamarine Power, an Edinburgh-based wave energy developer, has ceased trading today, November 23, 2015, following the announcement that it is going into administration a month ago. Accountancy and business advisory firm BDO LLP appointed business restructuring partners James Stephen and Graham Newt
International Tidal Energy Summit (ITES) 2015 has kicked-off today with pre-conference risk and reliability workshop at Hilton Tower Bridge, London. The pre-conference workshop comprises presentations from the representatives of DNV GL, ORE Catapult and Frazer-Nash, Ricardo, and Ocean Array Systems,
The International Electrotechnical Commission (IEC) has awarded Verdant Power’s Director of Technology Performance Jonathan Colby with its ‘1906 Award’. The award is given annually to technical experts from around the world whose work has made significant contributions to the IEC and the electrotech
Take a look at the video of the recently completed first phase of the £2.4 million Tidal Array Cabling Solution project. The first phase of the tidal array cabling project involved the installation and retrieval of Jee’s ‘U-tube’ cabling protection structure at EMEC’s Shapinsay Sound tidal test site
Emission reductions from renewables, coupled with energy efficiency improvements, must be at the heart of any effort to limit global temperature rise to two degrees Celsius, according to a report released by the International Renewable Energy Agency (IRENA). The report ‘REthinking Energy 2015 – Rene
