Carnegie Clean Energy has achieved its internal commercial target of reducing CETO wave energy technology’s cost of energy to a level that puts it on the established industry trajectory and reduces timeframe to reach commercialization.
Ocean Energy Europe (OEE) has signed a joint letter supporting the objectives of the REPowerEU Plan to phase out Europe’s dependency on fossil fuels faster, calling also for ‘bolder action’ on the accelerated roll-out of renewable energy.
The latest meeting of the G7 ministers for climate, energy, and environment has resulted in further commitments from the world’s most developed countries to curb the rise in global temperatures to 1.5°C and assist the countries affected the most by climate change. One of the commitments that stands
French company Sabella has collected €2.5 million through bond issue to help support its tidal energy business and activities.
US-based company Ocean Power Technologies (OPT) and subsea survey specialist Sulmara Subsea have partnered up to develop advanced uses for OPT’s WAM-V autonomous surface vehicles.
The collaboration between Carnegie Clean Energy and Hewlett Packard Enterprise (HPE) has delivered significant improvements to the performance of CETO wave energy device.
French company Sabella has started exporting power to the Ushant Island’s grid, following the redeployment of its D10 tidal turbine in the Fromveur Passage.
Dutch Marine Energy Center (DMEC) has launched the Marine Energy Hub – a base for the Dutch marine energy industry that brings together all of the stakeholders under the joint aim of accelerating the development of the marine energy sector.
Liquefied natural gas (LNG) remains the central bridge to Germany’s climate-neutral future if the country may have to resort to coal in the short term, Olaf Scholz, Chancellor of Germany, pointed out during his speech at the BDEW Congress in Berlin on 1 June 2022.
Swedish-Israeli company Eco Wave Power has presented its plans to develop a 1MW wave energy project on the island of Halki in Greece.
Finnish company Wello has signed a memorandum of understanding with National Taiwan Ocean University’s Centre for Ocean Energy Systems (NTOU) for the exploration and deployment of its wave energy devices offshore Taiwan.
Chinese state-owned energy company CHN Energy has put into operation a hybrid power plant, consisting of 100MW of newly built floating solar panels connected to the existing 4.1MW tidal power plant in China’s Zhejiang province.
The US Department of Energy (DOE) has selected Webb Institute as the overall winner of the third Marine Energy Collegiate Competition (MECC), which endorses new marine energy ideas for capturing the power of the ocean.
ZeroNorth has raised over $50 million in investment that will enable the company to look to further accelerate decarbonisation in shipping.
