A collaborative project dubbed OPTILE has been launched in France with the aim of decarbonizing the supply of electricity to island grids using offshore renewable energy.
Ocean Renewable Power Company (ORPC), together with its research partners, has developed new marine energy blade designs that use composite materials to reduce costs and increase energy capture by up to 24%.
Swedish wave energy company Seabased has signed a memorandum of understanding (MoU) for the development of 10MW wave energy plant offshore the Polynesian country and archipelagic state of Tonga.
300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss in the third quarter of fiscal 2023, as compared to the same period a year earlier, with revenues marking a growth.
As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable hydrogen, carbon capture, and alternative fuel technologies, among others. On
Following the announcement of the budget for the UK’s fifth Contracts for Difference (CfDs) allocation round (AR5), and the plan on how different renewable energy projects will compete, the renewable energy industry in the UK has warned the budget and the parameters were “too low and too tight” and
Duke Energy Florida has announced that its first floating solar array pilot will begin construction later this month in Polk County.
Four European companies have teamed up to launch an association to promote the potential and the development of osmotic energy called Osmotic Energy for the European Union (OE4EU).
Oneka Technologies, a developer of wave-powered desalination solutions, has teamed up with Canada’s Ocean Supercluster on a new project whose aim is to scale up the company’s wave energy-driven desalination technology to utility scale.
The UK government has confirmed the £205 million budget for renewable energy projects in the fifth round of contracts for difference (CfD) auction, which features plans to cut the tidal stream ring-fence from £20 million to £10 million.
Minesto has announced the preliminary outcome of its rights issue which brough in SEK 120 million (€10.7 million) of fresh funding for the company’s tidal energy technology and projects.
Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of key achievements and progress made in the ocean energy sector in its new annual report for 2022.
Swedish ocean energy developer Minesto has installed the tidal power plant Dragon 4 and generated the first electricity at the newly added second foundation in Vestmannasund, Faroe Islands. The production of the first electricity was revealed in Minesto’s update on the Vestmanna project on 14 March.
