Carnegie has reached a financial close on the Clean Energy Finance Corporation’s (CEFC) five-year USD 15.6 mln loan facility for partial funding of the project. The funding will reduce the amount of equity required for the project. Australian Renewable Energy Agency (ARENA) has provided USD 8.6 mln
Blue Motion Energy has developed a marine turbine that uses the combination of wave, tidal and wind energy, resulting in higher power outputs. The technology is more economically viable than energy production using only wind or tides or waves. A scaled turbine is tested at the hydraulic research lab
Lockheed Martin has named Rodney A. Makoske as Senior Vice President, Corporate Engineering, Technology, and Operations and a corporate officer, and Dana Jackson as vice president and chief technology officer (CTO). Makoske will be responsible for providing corporate leadership in the strategic area
ARCADIS has achieved annual gross revenues growth of 5 percent, with the net revenues increase of 7 percent. In the fourth quarter the company generated gross revenues of EUR 808 mln. The acquisitions company made contributed 21 percent to the total of 26 percent increase when compared to the Q4 201
Residents of the Isle of Wight have expressed their worries regarding the proposed PTEC tidal project and the visual impact it could have on the scenery of the island. The residents are particularly concerned over the fact that not all tidal energy generating units are fully submerged – there are va
Highlands and Islands Enterprise (HIE) has appointed ABPmer to handle a Habitat Regulations Appraisal for their Marine Renewables Infrastructure Plan (MRIP). Under the EC Habitat and Birds Directive any new plan or project has to undergo a Habitat Regulations Appraisal to determine whether it is lik
Aerial footage of the assembly process of D10 tidal turbine that’s currently underway in the port of Brest. The base is 20 by 20 meters in size, and it will carry a turbine of 10 meters in diameter. The turbine will have the capacity of up to 1 MW. The deployment of the turbine is […]
GE and Andritz Hydro consortium is the preferred bidder for supplying Swansea tidal lagoon with 16 turbines with the combined capacity of 320 MW. Flow is created by gravity through the difference in tidal height between the inside and outside of the lagoon walls. The high power output of 320 MW prod
At the formal opening of the Perth Wave Energy Project, Minister for Industry and Science, Ian Macfarlane announced that the Government is planning to invest additional USD 10 mln in Carnegie Wave. Australian Government already invested around USD 10 mln in Carnegie Wave through ARENA (Austarlian Re
Perth Wave Energy Project was formally opened by Ian Macfarlane, the Federal Minister for Industry and Science, and is now feeding electricity to the West Australian power grid. The Project represents the first grid connected CETO wave power plant and the only wave power plant anywhere in the world
AW Energy’s WaveRoller is a device that creates electricity by moving and absorbing the energy from the ocean waves. The single WaveRoller unit, consisting of one panel, has the capacity of 500 kW up to 1000 kW depending on wave conditions at the deployment site. Device works when the back and forth
SCHOTTEL Hydro, a subsidiary of the SCHOTTEL Group, has appointed Niels Lange as Managing Director. In 2011, Niels Lange, joined the Josef Becker Research Centre of the SCHOTTEL Group. Lange brought along his experience as researcher at the Institute for Fluid Dynamics and Ship Theory of the Hamburg
The estimates of global potential of tidal energy generation vary, but it is widely agreed that tidal stream energy capacity could exceed 120 GW globally. It has been estimated that tidal stream energy could theoretically supply more than 150 TW/h per annum, well in excess of all domestic electricit
Local residents are voicing their concerns over the plan to re-open Dean Quarry in fear that it would ruin the stretch of the Cornish coastline. Developers of the Government-backed project Swansea Bay tidal lagoon plan to re-open Dean Quarry near St Keverne in Cornwall to provide rock for the constr