SIMEC Atlantis Energy, the developer of the MeyGen tidal energy project, has reduced the financial losses for 2020 – the year in which MeyGen tidal array exported over 37GWh of clean power to the UK grid, breaking every record for tidal energy production set so far.
Swedish-Israeli wave energy company Eco Wave Power Global (EWPG) has opened the initial public offering (IPO) of shares on Nasdaq in the United States, targeting $8 million in proceeds.
The Marine Energy Engineering Centre of Excellence (MEECE) and ORE Catapult have launched an innovation challenge to find solutions for tracking underwater species behaviour and movements in and around tidal stream turbines.
Dutch tidal energy company Tocardo has received hydraulic power packs (H-boxes) from Hydroton Engineering that will form part of the hydraulic brake system for T-1 tidal turbines on Subhub platform.
Members of the House of Commons Scottish Affairs Committee have visited the European Marine Energy Centre (EMEC) to gather further evidence on the progress of renewable energy in Scotland.
CorPower Ocean’s Portuguese operation continues to gather pace with the qualification of its composite hull fabrication facility, ahead of the flagship HiWave-5 deployment later this year.
Dutch-based technical specialist in the metallurgical industry Multimetaal has announced plans to invest in compatriot company Teamwork Technology to further advance its Symphony wave energy device.
Innovate UK, the UK’s innovation agency, has provided £297,000 in grant funding for Eco Wave Power Gibraltar-led project to develop a wave powered micro-grid system that will eventually be tested on the islands of Thailand.
Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a memorandum of understanding (MoU) to accelerate development of their tidal energy sites in UK and France.
Deftiq and MET-support have developed a number of free offshore renewable energy e-learning courses as part of the Energising Coastal Regions with Offshore Renewable Energy (ENCORE) project.
The Danish Energy Agency has started the tender process for the forthcoming 428MW technology neutral auction under which both offshore wind and wave energy projects are eligible to apply.
Spanish senior energy officials have highlighted wave energy opportunities in the Basque Country region during their visit to Finish developer Wello’s Penguin wave energy device presently moored at the Bilbao Port.
Swedish-Israeli wave energy company Eco Wave Power has secured a grant from the Wohl Clean Growth Alliance to work with Queen Mary University of London on further advancement of its wave energy technology.
With the support of several European Union-funded research projects, the French wave energy start-up Seaturns has made significant advancements in the development of its wave energy technology, brining it only one step short of demonstration in real sea environment.
