In the light of Nord Stream methane leaks, geopolitical tensions, and general global security issues, the US-based company C-Power has brought to spotlight the potential role its wave energy technology could play in protecting increasingly important remote offshore assets.
Exowave has deployed the scale model of its wave energy technology at the Blue Accelerator test platform, located just off the Port of Ostend in Belgium.
Swedish company Minesto has launched a tender for the procurement of a replacement underwater acoustic positioning kit for its tidal energy kite system.
New research has found the relative predictability and consistency of wave energy could play a vital role in improving reliability and stability, while also reducing costs in a renewable energy-powered grid.
Ocean Power Technologies (OPT) has been hired by US government’s commercial services contractor Amentum Services to provide its PowerBuoy solution in support of the security efforts of the country.
Swedish marine energy developer Minesto has informed that the buildout of the world’s first tidal energy kite array in Hestfjord strait is progressing according to plan.
CorPower Ocean and Maersk Supply Service have installed a subsea export cable off the coast of northern Portugal to energize the HiWave-5 wave energy project.
Nearshore wave energy technology developer AW-Energy has received certification from the global classification society DNV, confirming the company’s compliance with international standards.
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2022, marking a significant rise in net financial income due to foreign exchange differences.
SIMEC Atlantis Energy has decreased the overall financial loss for the first six months of fiscal 2022, despite the results having been adversely impacted by the service outages at the MeyGen tidal energy project.
The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.
The Paimpol-Bréhat tidal energy test site has been upgraded with a reconfigured subsea link, which is expected to facilitate the demonstrations of tidal turbine technologies offshore Brittany region in France.
Denmark-based subsea services provider JD-Contractor has made a strategic move into the growing wave energy sector by forming a partnership with compatriot wave energy developer Exowave.
Sabella has formed strategic partnership with state-owned Indonesian corporation PT PLN (Persero) and PT Meindo Elang Indah to jointly perform a feasibility study for the first tidal farm development in the world’s largest archipelagic state.
