Australian wave power firm Carnegie Clean Energy said it has developed a proposal to recapitalise the company, following the appointment of administrators in March this year. Recapitalisation proposal has been developed with funding and support from two of Carnegie’s key stakeholders, Mooney & Partn
In conjunction with Marine Renewables Canada’s East Coast Summer Event in Halifax on August 15, Sustainable Marine Energy (SME), Marine Renewables Canada, and the Digby Development Agency are hosting a tour of SME’s tidal energy platform and project in Grand Passage, Nova Scotia on August 14. In Sep
Eco Wave Power (EWP) has incorporated a joint venture company with EDF Renewables in Israel. The joint venture – EWP EDF One – will see both companies collaborate, on an exclusive basis, in the development, financing, engineering, procurement, construction and operation of a 100KW pilot project, usi
Wave Energy Scotland (WES) is hosting a Brokerage Event that gives industry, science and technology professionals the opportunity to make new business contacts, and to identify potential partners to develop Quick Connection Systems for wave energy converters. The event is being held at the Technolog
AUSTEn project PhD student Constantin Scherelis is using hydroacoustics to help understand how fish behave in the strong currents of high-potential tidal energy sites. It’s the first step towards estimating and minimising the impact of future tidal arrays on marine life. Understanding environmental
SIMEC Atlantis Energy has, through Abundance Investment, launched a proposed five-year bond offer maturing 2024. The bond offer seeks to raise a maximum of £7 million, and is expected to close on or before October 31, 2019, with the extension option by up to three months at the company’s discretion.
Bombora, a wave energy technology developer, has secured a seven figure working capital facility with the Development Bank of Wales in a move that will help secure the company’s future in Wales. Last year the company was awarded a £10.3m grant from the European Regional Development Fund through the
Energy consultancy Xodus is to conduct a study which will investigate the integration of offshore renewables into localised energy systems around Scotland. The five-month offshore generation energy systems study, commissioned by Crown Estate Scotland, began last month. Xodus is partnering with Eleme
Association for wave, tidal, river current, and offshore wind energy Marine Renewables Canada is setting up East Coast Summer Event, taking place on August 15, 2019 in Halifax, Nova Scotia. The annual event will this year deliver updates on tidal energy projects plus future outlook and insight on ne
The European Commission has decided to reinvest unspent funds from the NER300 programme to support wave energy technology WaveRoller under InnovFin Energy Demo Projects (EDP). Reinvesting the unspent funds from the first NER300 call enables timely support to promising projects before the launch of t
Nova Scotia Department of Energy and Mines has recently issued two marine renewable energy permits to Jupiter Hydro for a tidal electricity project in the Bay of Fundy. “Nova Scotia continues to be a leader in the development of clean, renewable tidal energy,” said Energy and Mines Minister Derek Mo
Jeremy Corbyn MP, leader of the Labour Party recently visited Liverpool to announce major plans for a £3.5 billion investment in the Mersey Tidal Power Project as part of Labour’s Green Industrial Revolution to address the climate emergency and boost investment in the North of England. On a visit wi
Orbital Marine Power has selected FAUN Trackway to manufacture the anchors for its new O2 tidal stream turbine at FAUN Trackway’s facilities in Llangefni, Isle of Anglesey, North Wales. FAUN Trackway has been engaged to manufacture four steel anchor structures, along with bespoke mooring connectors,
Eco Wave Power has finished the design and engineering of its Jaffa Port project expansion and started procurement of parts for the construction of the plant. The project, co-funded by the Israeli Energy Ministry, is planned to include the construction and installation of ten floaters on 30 linear m
