
Sustainable Marine, a company that achieved an important milestone for Canada with a first-ever grid-connected floating tidal energy platform in Grand Passage, has decided to withdraw its application for the development of projects in the Bay of Fundy due to the lack of a transparent regulatory proc

Inseanergy, a Norwegian company developing floating solar solutions for aquaculture industry, has opened a fundraising campaign, targeting €855,000 to further advance its business.

Global OTEC has started talks with the government officials of Turks and Caicos Islands regarding the possible installation of an ocean thermal energy conversion (OTEC) plant for clean energy generation.

Scottish intelligent energy management and storage technologies specialist Verlume has secured €8.1 million for business scale-up and development of larger projects.

Danish clean energy start-up Exowave has signed cooperation agreement with Gugler Water Turbines for a wave energy project planned for Danish North Sea.

Oceans of Energy has been awarded the contract for installing and operating offshore solar farm inside the Hollandse Kust Noord offshore wind park being developed by CrossWind, a joint-venture between Shell and Eneco.

The European Union (EU) and Norway have formed a Green Alliance to strengthen their cooperation on clean energy and industrial transition as well as joint climate action and environmental protection efforts. The agreement was signed on 24 April in Brussels by the President of the European Commission

The University of Montenegro’s Institute of Marine Biology has assessed the impacts of Sigma Energy’s wave energy device on the ecosystem at the deployment site in the Adriatic Sea, finding it had no negative effects on the diversity of marine organisms.

Swedish marine energy company Minesto has started 2023 with an increase in net loss for the first quarter, when compared to the first three months of the year before.

US-based marine energy developer Ocean Power Technologies (OPT) has secured a $500,000 extension of its contract with a US government agency for the supply of WAM-V autonomous surface vehicles.

The “transition” part of the energy transition is beginning to show a more defined shape with each passing day as witnessed in a week behind us that was filled with announcements favoring the net-zero future coming from governments and all the way to private offshore energy companies. Industry major

Dutch-based Symphony Wave Power has submitted an application for EU subsidy, that would be used for the development of wave energy project offshore the Netherlands.

Finnish wave energy company AW-Energy has welcomed the introduction of the California Senate Bill 605, which calls for a comprehensive and collaborative study to evaluate the feasibility and benefits of using wave energy and tidal energy.

US-based renewable energy developer Solential Energy has announced partnership with Fort Wayne City Utilities for the development of first floating solar array in the American Midwest.