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Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía - EVE) for its ACHIEVE+ wave energy project.

Policy & Funding

Carnegie Clean Energy’s wave energy technology gets funding boost

Australia’s wave energy developer Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía – EVE) for its ACHIEVE+ wave energy project. The company’s subsidiary, Carnegie Technologies Spain, secured the payment under EVE’s grants progr

about 1 year ago

Swedish tidal energy developer Minesto has assembled an investment offer for a first-phase buildout of an array of tidal kites in Hestfjord, Faroe Islands.

Policy & Funding

Minesto targets Asian market with Swedish Energy Agency funded program

Swedish tidal energy developer Minesto has been selected to participate in the Global Innovation Accelerator (GIA), a program funded by the Swedish Energy Agency and operated with Business Sweden. According to Minesto, the initiative supports companies with an international market strategy that con

about 1 year ago

Policy & Funding

Offshore Energy Amsterdam 2025 exhibition floor 70% booked

This is an article by Navingo, owner of the Offshore-Energy.biz media brand and the organiser of the annual Offshore Energy Exhibition & Conference in Amsterdam. The year has just started but the exhibition floor for Offshore Energy Exhibition & Conference (OEEC) 2025 in November is filling up quick

about 1 year ago

Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs).

Policy & Funding

EIC Accelerator backs CorPower Ocean with up to €17.5M to advance wave energy tech

Swedish wave energy technology developer CorPower Ocean has secured up to €17.5 million in funding from the European Innovation Council (EIC) Accelerator to support commercializing its wave energy solutions. The company noted that the funding package includes a €2.5 million grant and a €15 million p

about 1 year ago

Aerial shots of coastal route on the North East of Scotland. Credit: Scottish Enterprise

Policy & Funding

Industry welcomes report on almost $10B potential of Scotland’s wave and tidal energy

Industry players have welcomed a new report that highlights the potential of Scotland’s wave and tidal energy sector to generate up to £8 billion (almost $10 billion) for the economy by 2050, supporting more than 15,000 direct jobs and driving investment in coastal communities. Commissioned by Highl

about 1 year ago

Illustration (Courtesy of TEAMER Program), University of Hawaii

Policy & Funding

US research program opens applications for 16th call for marine energy developers

The U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) program has opened applications for its 16th request for technical support (RFTS), inviting marine energy developers to submit proposals by June 6, 2025. TEAMER provides access to testing facilities and technical expertise to

about 1 year ago

Morlais demonstration zone (Courtesy of Welsh government)

Policy & Funding

Wales backs Morlais tidal energy project with almost $10M

The Welsh Government has invested £8 million (around $9,9 million) as an equity stake in the Morlais tidal energy project, set to be the largest tidal scheme in Europe, to support its expansion and strengthen grid connections. Menter Môn, the social enterprise behind Morlais, is developing the site

about 1 year ago

Additional two years for OWF construction will cut risk and cost, Vattenfall's Ireen Geerbex says

Policy & Funding

Extending construction window for OWFs will cut cost and risk, Vattenfall’s Ireen Geerbex says

Innovation in wind energy has been one of the main pillars driving the upscale of the sector, enabling better components, larger and stronger turbines, faster and more cost-effective logistics, but what about its integration into tenders? Innovative approaches in tender designs can have a major impa

about 1 year ago

Netherlands zooms in on offshore hubs and interconnectors over energy islands

Policy & Funding

Netherlands looking at offshore hubs and interconnectors, where does hydrogen stand?

Energy islands are no longer being considered in the Netherlands. Instead, the focus has been shifted to offshore energy hubs and interconnectors. With rising (cyber)security concerns as a result of a number of recent incidents in European waters, as well as the Russia-Ukraine war, diversification o

about 1 year ago

Policy & Funding

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago

An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023

Policy & Funding

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago

Policy & Funding

Final preparations for OEEC 2024 underway

Offshore Energy Exhibition & Conference 2024 (OEEC 2024) is coming up this month. Work on the event is at full steam at Navingo (the company behind OEEC and Offshore-Energy.biz brands) with final tweaks and preparations underway. The exhibition floor has been almost completely booked and visitors ar

about 1 year ago

Policy & Funding

UK Chamber of Shipping charts a $915 million course to net zero in new budget proposal

The UK Chamber of Shipping has published a roadmap laying out the ways shipping in the UK could reach net-zero emissions by 2050 with a proposed plan for £700 million (circa $915.5 million) worth of investments in the upcoming Budget as part of efforts to aid the country in becoming a clean and ecol

about 1 year ago

Policy & Funding

Wales sees ‘significant slowdown’ in marine energy spending

Wales’ marine renewable energy sector delivered £29.9 million to the Welsh economy during the 2023 / 24 financial year, a significant slowdown in spending compared to last year’s total of £103.4 million, according to a report by Marine Energy Wales. The decline is thought to be down to the conclusio

about 2 years ago