An innovative financial modelling and analytics software tool for the renewable energy sector was licensed this week by University College Cork (UCC) to spin out company, Exceedence. Exceedence will now bring to market the ExceedenceFINANCE solution developed by software engineers, financial analyst
This special event, co-hosted with the Dutch Energy from Water Association EWA, offers delegates an insight in the latest developments in marine energy in the field of tidal and wave energy, salinity power and OTEC. Besides offering updates about the Texel tidal demonstration project and the salinit
Jan De Nul Group signed the taking-over of the offshore jack-up crane vessel Vidar, formerly operating for the German company Hochtief. Although specifically built with the offshore wind industry in mind, the Vidar is also suitable to install other offshore facilities such as tidal current turbines,
Ocean Energy Europe 2015 conference centers on funding access for the project developers, technology developers or supply chain actors with its two dedicated sessions. ‘Finance – Getting the balance right’ session will look at how the sector can approach financial risk in a constructive and creative
Offshore Renewables Joint Industry Programme (ORJIP) for Ocean Energy, a UK-wide collaborative programme of environmental research, has launched its website in support for offshore wind and marine energy projects. ORJIP Ocean Energy programme aims to reduce consenting risks for wave, tidal stream an
The Sustainable Energy Authority of Ireland (SEAI) has called on the Irish industry, academia and the public sector to apply for the next round of energy research funding through the Horizon 2020 funding programme. Launched last year, Horizon 2020 is the EU’s largest research and innovation programm
Cape Sharp Tidal, a joint venture between Emera and OpenHydro, is taking final steps towards the deployment of two 2 MW tidal turbines in the Bay of Fundy, Canada. Cape Sharp Tidal plans to install and grid-connect a 4 MW tidal array at FORCE site, off Parrsboro, Nova Scotia. During one of the four
The Fundy Advanced Sensor Technology (FAST) platform, based on OceanWorks International’s preliminary design provided to FORCE, is now undergoing final testing and sea trials. OceanWorks’ design for the Platform Gravity Base, which has seen some modifications by the Fundy Ocean Research Center for E
The 20 official qualified teams for the Wave Energy Prize are currently preparing for the construction of scaled models of their wave energy devices ahead of small-scale tank testing. According to Wave Energy Prize administration, the teams are preparing to build 1:50 scaled models of their their de
The Strategic Energy Technology Plan (SET-Plan) Conference which took place in Luxembourg on September 21-22, has provided the stimulus needed to kick-start an innovation-led transition to a low-carbon and high-growth economy in Europe, European Commissioner for Climate Action and Energy Miguel Aria
Marine Power Systems, a Swansea-based wave energy developer, has received approximately £225,000 from the Welsh government for the development of its WaveSub technology. Marine Power Systems (MPS) is one of the first companies to benefit from the recently announced £115 million funding package of su
The Board of Swedish marine energy company Minesto has decided to apply for listing of the company’s shares on First North at NASDAQ Stockholm and conduct a new issue of units directed to the public in Sweden of approximately €10 million. Since 2006, Minesto invested more than €20 million in the dev
Tim Cornelius, CEO of tidal energy developer Atlantis Resources, has taken a seat on the Board of Directors of Ocean Energy Europe by becoming a Lead Sponsor of the organisation. Following its acquisition of Marine Current Turbines earlier this year, Atlantis Resources now owns one of the largest an
Sabella, a French-based tidal energy developer, has recently connected its D10 tidal turbine with the Ushant island, France. Bourbon’s Argonaut tugboat, provided by the French Navy, was used to connect the cable jumper with the export cable. The cable connection operation was completed on September
