Eco Wave Power has released its financial report for the first quarter of 2023, showing a decrease in net loss when compared to the same period a year earlier.
Dutch province of Friesland has made available €1.2 million for scaling up the Blue Energy project, which generates clean electricity through the osmosis process.
Akuo has commissioned a new 8.7MWp floating solar power plant in Cintegabelle, near Toulouse in southern France.
Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,
Swedish company CorPower Ocean is collaborating with Portugal-based WavEC Offshore Renewables to deliver an environmental monitoring program with the goal of verifying the environmental impact of its wave energy technology. Phase one which included underwater noise baseline campaigns has been conclu
The Selkie project, a €5.2 million EU-backed cross-border project focused on boosting the marine energy industry in Wales and Ireland, has been concluded following four years of operation. Selkie is a consortium of University College Cork (UCC) and Swansea University (SU) and GDG, DP Energy Ireland,
Scottish company Flex Marine Power has been awarded the world’s first IECRE feasibility statement by Lloyd’s Register for its SwimmerTurbine SW2 tidal energy converter.
The Lir-National Ocean Test Facility (Lir NOTF), in collaboration with the Sustainable Energy Authority of Ireland (SEAI), has launched a call for scaled physical testing of offshore renewable energy devices.
Minesto has laid the main subsea cable as part of the ongoing offshore works ahead of the installation of its 1.2MW tidal energy device Dragon 12.
The Government of Bermuda has approved regulations for innovative licenses to provide electricity to the island, including those for wave energy.
The UK’s Labour has set its mind on bringing new oil and gas exploration in UK waters to an end while ushering in a green energy future.
CorPower Ocean has named a Portuguese company as its ‘supplier of the year’ in recognition of the role it played in the development of its first commercial-scale wave energy converter, soon to be deployed offshore Portugal.
Israel-based company Xfloat has secured a $1 million grant to advance its floating solar technology together with the partners from the United States.
The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.
