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Market Outlooks

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Illustration/Sabella’s D10 tidal turbine (Courtesy of Sabella)
Market Outlooks

French tidal energy company bags €2.5M investment

French company Sabella has collected €2.5 million through bond issue to help support its tidal energy business and activities.

about 4 years ago
Illustration/Part of OPT’s products range (Courtesy of OPT)
Market Outlooks

OPT, Sulmara Subsea chart joint WAM-V development opportunities

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.

about 4 years ago
The CETO tank display at ISC High Performance conference in Hamburg (Courtesy of Carnegie Clean Energy)
Market Outlooks

Carnegie, Hewlett Packard Enterprise boost CETO wave device performance

The collaboration between Carnegie Clean Energy and Hewlett Packard Enterprise (HPE) has delivered significant improvements to the performance of CETO wave energy device.

about 4 years ago
Redeployment of Sabella's D10 tidal turbine in 2018 (Courtesy of Sabella)
Market Outlooks

Sabella’s 1MW tidal turbine starts exporting power in France

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.

about 4 years ago
L to R: Liesbeth van Tongeren; Britta Schaffmeister; and Andries van Unen at Marine Energy Hub launch (Courtesy of DMEC)
Market Outlooks

Marine Energy Hub opens in the Netherlands

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.

about 4 years ago
Hoegh LNG
Market Outlooks

German Chancellor: “LNG remains the central bridge to climate-neutral future”

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.

about 4 years ago
Eco Wave Power’s wave energy floaters (Courtesy of Eco Wave Power)
Market Outlooks

Eco Wave Power unveils plans for wave energy project in Greece

Swedish-Israeli company Eco Wave Power has presented its plans to develop a 1MW wave energy project on the island of Halki in Greece.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Market Outlooks

Wello sets sights on Taiwan’s waves

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.

about 4 years ago
China's first floating solar-tidal power hybrid plant (Courtesy of CHN Energy)
Market Outlooks

China’s first floating solar-tidal power hybrid connects to grid

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.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Market Outlooks

US DOE picks student teams with best marine energy ideas

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.

about 4 years ago
ZeroNorth
Market Outlooks

ZeroNorth raises over $50M to accelerate decarbonisation in shipping

ZeroNorth has raised over $50 million in investment that will enable the company to look to further accelerate decarbonisation in shipping.

about 4 years ago
Post-merger with BHP, Woodside becomes largest energy player on ASX and top ten global independent
Market Outlooks

Post-merger with BHP, Woodside becomes ‘largest energy company on ASX’

Woodside has completed the merger with BHP, creating the “largest energy company listed on the ASX and a top ten global independent.”

about 4 years ago
Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean)
Market Outlooks

CorPower Ocean: Historic EU declarations pave way for rise of wave energy

In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.

about 4 years ago
Scaled tidal turbine being tested at SSPA (Courtesy of NEMMO)
Market Outlooks

NEMMO projects marks tidal power milestones as it enters final stage

The NEMMO research project is entering its final stage with progress made on the development of novel test rigs and composite materials for tidal turbine blades.

about 4 years ago
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