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
SIMEC Atlantis Energy, a global developer of renewable and sustainable energy projects, is looking to recruit an operations engineer and a corporate finance associate. The operations engineer will lead the array performance monitoring, operation and maintenance for the company’s tidal energy project
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
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
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 Oceanic Platform of the Canary Islands (PLOCAN) has joined the SeaTitan’s External Industrial Exploitation Board (EIEB). This follows from the PLOCAN’s expression of interest in becoming part of the SeaTitan project, aimed at making a step change in the wave energy sector by designing, building,
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
Marine energy developer, Minesto, is seeking to strengthen the operational team based in Holyhead, Isle of Anglesey with several recruitments. The company opened vacancies for the positions of consents manager, electrical power systems engineer, project manager and technician. “We offer an inspiring
Seaplace and Magnomatics’ joint turbine project has been shortlisted for the EUREKA Global Project of the Year 2019. A consortium comprising Seaplace and Magnomatics, led by Seaplace, is working on the Floating tension-tethered and self-steerable Marine-current Turbine (FTMC Turbine) project, design
