The Swedish Energy Agency has recently opened a call for the development of cost-effective and sustainable marine energy systems. The Agency’s support within the framework of this call for proposals is approximately SEK 30 million ($3.45 million). Also, each project within the call for proposals may
Swansea-based Marine Power Systems (MPS) has hit a £1.5 million crowdfunding target in just two weeks since its launch and is now over-funding. The campaign, set up at the London-based equity crowdfunding platform Seedrs, now has a goal of reaching £2 million. Specifically, these funds should suppor
Swansea-based company is developing a flexible ocean energy extraction technology that can harness wave energy, wind energy and combined wind and wave energy at grid scale. All the machines share a common floating platform technology said to have cost and deployment advantages over other floating pl
Norway’s GCE Ocean Technology has welcomed Oslo-based Ocean Oasis as its new member. Ocean Oasis develops a wave-powered desalination solution to deliver fresh water to shore with zero emissions The company gets support from the early-stage accelerator and venture capitalist Antler in Oslo and EU Cl
Swedish marine energy developer Minesto has seen another setback on its tidal energy project in Vestmannasund, Faroe Islands. During the initial commissioning phase of its DG100 tidal energy converter, a mechanical failure occurred in the powerplant’s mooring interface and denied further operations.
The Dutch Marine Energy Centre (DMEC) has joined forces with the European Space Agency (ESA) to accelerate marine energy solutions. The partnership will explore the added value of space tech and data in the development of marine energy. It can play a key role in the acceleration of marine energy sol
The leaders of the three Scottish island councils recently welcomed the Scottish and UK governments’ award of £100 million in funding as part of the Islands Growth Deal. The money goes to Orkney, Shetland and the Western Isles. The multimillion pound deal will provide investment for local projects a
Swedish wave energy developer CorPower Ocean has secured €9 million equity funding for its breakthrough wave energy tech. Midroc New Technology led the funding round, with additional investment from ALMI Invest Greentech, EIT InnoEnergy, and private investors. The company will use the funds to dem
Atlantis said that its non-executive director and chair of the Audit Committee Ian Wakelin has resigned from its board. Namely, Wakelin has accepted the role of chairman of Viridor Group, a British waste company. He will leave in October but in the interim assist the transition of the Audit Committe
Not long after Swansea Bay tidal lagoon project officially reached the end of the road, scheme for a new tidal lagoon in Wales rolled out. The company behind the project, Mostyn SeaPower, is planning a £590-million ($750 million) tidal lagoon which clould supply low carbon electricity to power about
The U.S. Department of Energy (DOE) has announced the winners of the 2020 Marine Energy Collegiate Competition (MECC). Of the 14 collegiate teams that competed, DOE recognized three overall winners, who achieved the highest scores. DOE also recognized three teams for their performance in individual
Ocean Energy Systems (OES) new report shows that islands and other off-grid markets may present opportunities for ocean energy developers to deploy their technologies while providing sustainable energy to local communities. The report ‘Ocean Energy in Islands and Remote Coastal Areas´outlines the ou
Australian developer Carnegie has completed wave tank testing campaign at the Cantabria Coastal and Ocean Basin (CCOB) in Spain. The testing campaign, which kicked off on 13 July 2020, delivered over 200 wave tests. Specifically, the tests covered a range of wave conditions, which reflect potential
Del Mar Oceanographic and RBR have partnered to provide Wirewalkers with RBR CTDs and sensors in Australia and New Zealand. The DMO Wirewalker, originally designed at Scripps Institution of Oceanography, is a vertically profiling instrument platform powered by ocean waves. Attached to a free-driftin
