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Marine Energy

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Business Developments & ProjectsCollaborationEquipmentMarket OutlooksOutlook & StrategyTechnologyAuthorities & GovernmentRegulation & PolicyTransitionVisionFloating SolarTidal & Wave EnergyBusiness & FinanceOTECInnovationResearch & DevelopmentOffshore WindRules & RegulationClean FuelFossil EnergyGreen MarineSubseaCarbon Capture Usage & StorageProject & TendersVessels
Illustration/WITT model (Courtesy of WITT Energy)
Marine Energy

WITT Energy partners up with RS Group to advance marine energy device

UK-based renewable energy technology company WITT Energy has teamed up with RS Group to help bring its energy harvesting device to market for use in remote and marine applications.

about 3 years ago
Illustration/Tidal energy turbine by Nova Innovation, which is developing projects both in UK and Canada (Courtesy of Nova Innovation)
Marine Energy

UK and Canada strengthen marine energy ties

Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the marine renewable energy industry.

about 3 years ago
The 1MWp floating solar plant in Rajasthan (Courtesy of UCWL)
Marine Energy

Northern India welcomes new 1MWp floating solar plant

Oriana Power has completed the installation of 1MWp floating solar power plant in northern India, which is said to be the first of its kind in the state of Rajasthan.

about 3 years ago
Rendering of Havkraft N-Class wave power plant (Courtesy of Havkraft)
Marine Energy

Havkraft gets financial backing to advance wave energy business

Norwegian company Havkraft has secured funding support to further advance its wave energy technology and projects.

about 3 years ago
Inna Braverman, Eco Wave Power’s founder and CEO (Courtesy of Eco Wave Power)
Marine Energy

Eco Wave Power to set up US subsidiary as it targets local wave energy potential

Swedish-Israeli wave energy company Eco Wave Power has set out plans to open a subsidiary in the United States, under the name Eco Wave Power US.

about 3 years ago
Global OTEC’s 1.5MW floating OTEC platform named Dominique (Courtesy of Global OTEC)
Marine Energy

Global OTEC steps closer to first commercial OTEC platform

UK-based company Global OTEC has secured a certificate of approval for a cold-water riser installation for its first commercial-scale ocean thermal energy conversion (OTEC) platform.

about 3 years ago
Illustration (Courtesy of EU-SCORES)
Marine Energy

EU-SCORES gets official go-ahead for renewable energy multi-use parks

The EU-SCORES project, focused on developing energy multi-use parks incorporating different offshore renewable energy sources at one site, has received an official go-ahead from the European Climate, Infrastructure and Environment Executive Agency (CINEA).

about 3 years ago
Illustration/SIMEC Atlantis' tidal energy turbine (Courtesy of SIMEC Atlantis)
Marine Energy

UK government exploring reforms of its renewable energy auction scheme

The UK government is seeking views on introducing contracts for difference (CfD) reforms, which could reward applicants for including wider benefits their projects could bring when submitting price bids to government for their low-carbon electricity.

about 3 years ago
Illustration/Oneka's wave-powered desalination buoy (Courtesy of Oneka Technologies)
Marine Energy

Oneka sets foot in Chile with wave-powered desalination technology

Canadian company Oneka Technologies has announced the opening of its subsidiary in Chile, following the successful demonstration of its wave energy-powered desalination technology in the country.

about 3 years ago
Ammonia
Marine Energy

In focus: Offshore energy, shipping look to CCS and alternative fuels as they ramp up decarbonization efforts

The offshore energy and shipping industries are essential components of global trade and commerce, responsible for transporting goods and powering homes and businesses around the world. However, they are also significant contributors to greenhouse gas emissions. As the world’s focus on reducing carb

about 3 years ago
Global wave and tidal energy market poised to reach $10 bln by 2031, report shows
Marine Energy

Global wave and tidal energy market poised to reach $10 bln by 2031, report shows

Global wave and tidal energy market was valued at $477.81 million in 2022 and is projected to generate a revenue of around $10 billion by 2031 at a compound annual growth rate (CAGR) of 43% during the forecast period, analytics and advisory company Astute Analytica found in its latest report. The re

about 3 years ago
OPT's next-generation wave energy converter buoy starts ocean tests
Marine Energy

OPT’s wave energy converter buoy starts ocean tests

US-based marine energy company Ocean Power Technologies (OPT) has commenced the first ocean tests of its next-generation increased power wave energy converter buoy.

about 3 years ago
The 561kWp floating solar power plant in Indonesia (Courtesy of PLN)
Marine Energy

Indonesia’s 561kWp floating solar plant starts operating

Indonesia’s state-owned utility PT PLN (Persero) has put into operation a 561kWp floating solar power plant in Semarang, on the island of Java.

about 3 years ago
Rendering of FPP’s hybrid floating wind and wave platform (Courtesy of FPP)
Marine Energy

Danish company opts for sustainable steel for its floating renewable energy platforms

Danish company Floating Power Plant (FPP) has signed a letter of intent with a specialist in sustainable recycling of maritime materials Renable for the supply of recycled steel for its floating renewable energy platforms.

about 3 years ago
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