Finnish technology company focused on ocean-wave energy conversion, Wello, has launched a new funding campaign. Wello is looking to raise €1 million – €2.5 million in exchange of equity between 4.34% and 10.18% until April 23, 2019. Through Invesdor, Wello is offering its shares at a minimum investm
Mainstay Marine Solutions has won a contract for the fabrication and assembly of the main structure for Bombora’s wave energy demonstration device ‘mWave’. Measuring 75m in length, Bombora’s 1.5MW mWave wave energy converting device harnesses the potential of marine energy in the form of pressure on
Irish company DesignPro Renewables has said that its custom-built grid connected mooring system is running smoothly at the SEENEOH test site in Bordeaux, France. In September 2018, DesignPro deployed a 25kW device at the SEENEOH test site as part of its €2.7-million Horizon 2020 SME Instrument funde
ETIP Ocean has issued an invitation for technical experts to join a new ‘Technology Working Group’ which aims to update the ‘Strategic Research Agenda’ (SRA) for ocean energy. The new Strategic Research and Innovation Agenda will detail the priority research, development and innovation challenges th
European Marine Energy Centre (EMEC) has awarded a contract to Bryan J Rendall Electrical (BJRE) for the provision of electrical support to the maintenance and operations of marine energy test sites in Orkney, Scotland. The electrical support framework agreement has a total value of GBP 250.000, acc
Minesto’s tender call, launched in December 2018, for the supply of a new generator and power conversion system to support the development of Deep Green tidal power technology, has ended with no result. According to the tender notice published on Welsh government’s procurement portal Sell2Wales, no
Eni has installed and activated the Inertial Sea Wave Energy Converter (ISWEC) production unit, capable of converting energy generated by waves into electricity, in Ravenna, Italy. The pilot plant was installed at the Ravenna offshore site by Eni’s Central Northern District and has been integrated i
Bombora Wave Power Europe said it is looking for an experienced and enthusiastic Marketing and Communications Manager to join its team to manage the promotion and marketing of the company and its partners. The position will be based out of Bombora’s Pembroke Dock offices however remote working will
The European Parliament completed the parliamentary approval of the new Electricity market Regulation and Electricity market Directive as well as of the Regulations on Risk Preparedness and on the Agency for the Cooperation of Energy Regulators (ACER). The Governance of the Energy Union Regulation t
Nova Scotia’s efforts to explore the energy potential in the Minas Passage will now have the benefit of a new report – Lessons Learned: Marine Operations in the Minas Passage – which documents the critical information learned from working in the challenging conditions of the world’s most powerful ti
Wello’s Penguin wave energy converter (WEC) has sunk at the European Marine Energy Centre (EMEC) Billia Croo wave test site, off the west coast of Orkney. As part of the ongoing operational monitoring an issue was identified last week and following inspection it was confirmed that the device was tak
The U.S. Department of Energy (DOE) announced funding to establish a new testing program for marine energy technologies. The U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) Program will bring together capabilities from universities and the national laboratory system to provide
MarineEnergy.biz has compiled the top news from marine energy industry from March 18 – March 24, 2019. https://marineenergy.biz/2019/03/19/new-report-released-on-future-of-uk-tidal-and-wave-power/ https://marineenergy.biz/2019/03/20/megaroller-project-reaches-new-milestone/ https://marineenergy.biz/
Tidal energy industry player Nova Innovation, together with Executive Agency for SMEs (EASME), has introduced its new tidal turbine, the EUNice. The EUNice turbine was named by the attendees of the EASME Away Day 19 on Tuesday, the Edinburgh-based firm informed through its social media. The turbine
