Dutch company developing innovative ocean energy technology, Equinox Ocean Turbines, has closed its seed funding round, raising €2.4 million.
Selecting the optimal site will be a step toward providing Beaver Island with clean, reliable energy and will enhance the team’s chances for future funding, said the University of Michigan.
According to OPT, the joint aim behind this MoU is to explore opportunities in the blue economy, building on OPT’s CEO Philipp Stratmann’s recent visit to AltaSea.
Singapore-based company Hann-Ocean Energy has concluded its wave energy generation project on Shengsi Island, Zhejiang Province, after two and a half years of sea trials.
The decommissioning is taking place at the European Marine Energy Centre’s (EMEC’s) Falls of Warness test site.
The project aims to convert wave energy into electricity to provide a constant electrical supply to a coastal microgrid for local customers, said Weld Australia, who visited the M4 prototype in early June 2024.
Danish wave energy company Wavepiston and its compatriot offshore wind company Ørsted have established a partnership to examine the potential for co-location of wave energy and offshore wind in Denmark.
London-based start-up tidal energy developer Spiralis Energy has revealed its intention to bid for a 15-year contract with the UK Government as a part of Contracts for Difference (CfD) 2025 to integrate its technology into the national grid.
The UK Marine Energy Council (MEC) has welcomed 13 new companies as lead partners, set to support the council’s work in realizing the UK’s marine energy potential.
After its first cycle of ocean commissioning, Swedish company CorPower Ocean’s first commercial-scale wave energy device, C4, is nearing completion of on-land inspection and upgrades.
Alaskan hydroelectric technologies startup Sitkana has partnered with Sandia National Laboratories on a project that aims to use idle fishing vessels during Alaskan winters for tidal energy capture.
Danish company Crestwing has secured funding from the Den Danske Maritime Fond to support the technical development of Tordenskiold, its wave energy device prototype.
Aberdeen-based ZOEX Power has finished the installation of its 100 kW wave energy device at the Port of Aberdeen, South Harbour.
The European project IMPACT has created an “innovative approach” for testing wave energy converter (WEC) reliability, performance, and destructivity with the dual hardware-in-the-loop (Dual HIL) platform which tests different parts of the WEC simultaneously.
