Tidal energy company Sustainable Marine Energy (SME) has secured equity investment of £3.46 million to further develop its PLAT-I tidal energy platform system. The Edinburgh-based business has closed its latest funding round, to which the Scottish Investment Bank (SIB) has committed £1 million on be
Lankhorst Ropes is working with SurfWEC, a partnership led by marine engineering firm Martin & Ottaway, to determine the most efficient mooring system for SurfWEC’s wave energy converters (WECs). SurfWEC was formed to develop WECs using patented technology that shapes waves, enabling increased energ
Dedicated revenue support at national level is essential to attract investment for ocean energy farms, according to a new report from sectoral advisory body ETIP Ocean. The report ‘Powering Homes Today, Powering Nations Tomorrow’ analyses the challenges faced by the sector on the route to industrial
Dredging Today brings you an overview of the most popular stories from the past week (April 8-14, 2019). DEME Bags Elbe Deepening Contract DEME, an international group of specialized companies involved in complex marine engineering works, has won a major contract to carry out the deepening of the
MarineEnergy.biz has compiled the top news from marine energy industry from April 08 – April 14, 2019. https://marineenergy.biz/2019/04/11/wello-inks-30mw-india-deal/ https://marineenergy.biz/2019/04/10/ec-og-proves-it-can-power-commercial-scms/ https://marineenergy.biz/2019/04/09/inyanga-tech-found
Sabella has retrieved its D10-1000 turbine in the Fromveur Passage for a short maintenance operation. Prior to the retrieval, the subsea cable exporting the electricity to Ushant Island grid had been disconnected from the turbine. The operations were successfully carried out by Inyanga Maritime, wit
Ocean Energy Europe (OEE) has elected Dr. Jochen Weilepp, representing Sustainable Marine Energy, as co-president of the association. Dr. Weilepp will join Simon De Pietro of DP Energy, who has been OEE co-president since 2016. Dr. Weilepp has been a member of the OEE board for almost a decade and h
The Spanish EnerOcean has launched its floating wind turbine prototype W2Power at the Astican Shipyard in Gran Canaria. W2Power, built and assembled at the Astican Shipyard, will be installed at the PLOCAN offshore test site in the coming weeks, project partner Ghenova said. According to the company
Bombora Wave Power Europe has launched another tender call as it seeks a contractor for the supply, delivery, installation and commissioning of the winches and hydraulic system for the Module Intervention Tool (MIT). The MIT is a floating platform that facilitates the subsea installation and recover
Two governments have decided to take matters into their own hands by purchasing dredges and using government staff to get the work completed. Both the City of Whiting, Indiana, and the Illinois Department of Natural Resources (IDNR) purchased Ellicott Dredge Technologies (EDT) 2019 IMS Model 5012 LP
Finnish technology company focused on ocean-wave energy conversion, Wello, has signed a letter of intent with Inix Group for two projects of 30MW total offshore India. In partnership with the Indian government, Ixin, part of Ixar Group, is looking to acquire Wello’s Penguin Core package for the cons
The new venture will create a business specifically to deliver expert advice and cultural heritage permitting services to the growing US offshore renewables market.
Subsea energy storage and power generation specialists EC-OG has completed a test programme with a North Sea operator, demonstrating the Subsea Power Hub’s capabilities for powering subsea production equipment using battery power alone. During recent workshop trials, supported by the Oil & Gas Techn
Ocean Power Technologies (OPT) has closed its public offering of common stock, pre-funded warrants and common warrants, raising approximately $15.7 million in net proceeds. The New Jersey-based wave energy conversion specialist issued 900,000 shares of common stock, pre-funded warrants exercisable f
