The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 16 marine energy technology developers for testing and technical support. The developers and researchers, selected in the first Request for Technical Support (RFTS) launched earlier in 2020, will be granted
UK-based Simec Atlantis Energy has seen its loss cut almost by half for the six months ended 30 June 2020. The company booked overall loss before tax of £6.1 million against the loss of £11.8 million same time last year. This improvement is largely attributable to strong revenue contributions genera
French tidal energy developer HydroQuest has obtained certification for its 1MW tidal turbine’s power curve from classification society Bureau Veritas. The tidal turbine OceanQuest, deployed in Paimpol-Bréhat, meets the requirements of the IEC 62600-200 standard evaluating the performance of the mea
Subsea engineering firm Oceaneering and partners recently deployed their PECMAG power take-off technology at Port of Montrose for testing. The Power Electronic Controlled Magnet Gear (PECMAG) is one of the projects in Wave Energy Scotland PTO call. The PECMAG PTO system is a modular all-electric sys
Community interest company behind Marine Energy Wales, Pembrokeshire Coastal Forum (PCF), has appointed Steve Hall as CEO. Hall brings with him over 30 years of experience in ocean science, technology and policy. He is a Fellow of the Institute of Marine Engineering, Science & Technology, a Chartere
Following the acquisition by the Acti Group, the French start-up Guinard Energies Nouvelles has delivered a tidal turbine in Togo. The tidal turbine Poseide 66 on the Mono River is a key part of the autonomous electricity network deployed in this remote area of the power grid with the German company
Australian developer Carnegie has released a video related to its recently developed ‘Wave Predictor’ technology. The video explains how it works, the benefits to Carnegie’s CETO technology and also what it offers to other industries. Carnegie’s Wave Predictor is a piece of machine learning software
Eco Wave Power said it has seen improvements in power output and significant cost reductions for its grid-connected wave energy power plant in Gibraltar. As a result of an upgrade of the automation and control system, as well as experience gained in operations and maintenance, Eco Wave Power said it
One of the UK’s leading offshore renewable energy academics has been admitted to the Fellowship of the Royal Academy of Engineering. Professor Deborah Greaves OBE has been working in the sector for more than two decades. She is currently director of the UK’s Supergen Offshore Renewable Energy (ORE)
Irish hydrokinetic turbine developer GKinetic Energy has successfully secured an Indonesian patent. GKinetic also has patents in Europe, Australia, China as well as the USA. It enables the company to enter key markets with viable tidal energy potential to further develop the technology. According to
Ocean Power Technologies (OPT) has executed a new common stock purchase agreement with Aspire Capital Fund. The new deal will sea OPT sell up to $12.5 million in common stock to Aspire Capital over a term of 30 months. This follows a $10-million purchase agreement from October last year. OPT also in
Ocean energy solutions company Bombora has recently selected Kingswood Engineering for the fabrication of the intervention tool structure for the mWave wave energy converter demonstrator. The intervention tool structure is the floating structure which facilitates the subsea installation and removal
The European Marine Energy Centre (EMEC) is seeking tenders for IT support for the entire organisation. A single-supplier framework agreement is for a period of 3 years and with the option of two one-year extensions. EMEC will keep the tender open until 16 October 2020. The IT support contract, valu
Eco Wave Power (EWP) has established EW Portugal – Wave Energy Solutions, Unipessoal lda, a wholly owned subsidiary in Porto, Portugal. This move should enable EWP to commence official licensing procedures for its planned 20MW wave energy project in Portugal. This is part of the company’s concession
