Neowave Energy, a Colombia-based startup, is moving forward with the development of its wave energy converter (WEC). The company has designed, manufactured, installed, and analyzed a small-scale version of its device in the Universidad Nacional de Colombia wave flume. According to Neowave, the tests
Wave energy developer Eco Wave Power has teamed up with BladeRanger, a company specializing in automated drone-based cleaning and diagnostics, to introduce drone-powered maintenance for its wave energy technology. The collaboration was demonstrated at Eco Wave Power’s grid-connected site at the Jaff
The Hague-based Wave Energy Collective (Weco) has completed the first full assembly of its Kaizen 2.0 wave energy device and carried out dry tests of the power take-off unit and control system at Holland Shipyards Group. “Last week we successfully performed our first full assembly of the new Kaizen
The European Commission has launched a Horizon Europe pre-commercial procurement (PCP) call aimed at reducing risks in wave energy technology development. The call runs from 16 September 2025 until 17 February 2026 and allocates €20 million to advance wave energy converters to higher technology read
Swedish tidal energy developer Minesto’s Dragon 4 tidal energy kite, named “Íðunn,” has been brought back from its production duty at the company’s North Atlantic demonstration site, where it has been generating electricity for the Faroe Islands grid. According to Minesto, the 100 kW Dragon 4 is par
French tidal energy developer Normandie Hydroliennes has appointed Bertrand Le Mouellic as Operational Director to strengthen and accelerate its operations, with a focus on the NH1 tidal energy project and future developments. Le Mouellic will oversee the company’s operational structuring and growth
Australian wave energy developer Carnegie Clean Energy has raised AUD 2.116 million (almost €1.2 million) from its share purchase plan (SPP), which closed on September 8, 2025. According to Carnegie, the funds will be used to advance several initiatives supporting the commercialization of its CETO a
The EU has awarded €4 million under Horizon Europe to the Control-Oriented Innovations for future wave energy farms (COIN) project, which is set to start on November 1, 2025. Coordinated by Technische Universitaet Braunschweig in Germany, the four-year initiative aims to bring ocean energy technolo
Wave energy developer Eco Wave Power has inaugurated the first U.S. onshore wave energy pilot station at the Port of Los Angeles, marking the operational debut of its technology in the country. According to Eco Wave Power, seven blue steel floats, installed at AltaSea’s ocean institute on a section
Swedish tidal energy developer Minesto has kicked off work on a SEK 25 million (€2,2 million) microgrid project in the Faroe Islands, awarded by the Swedish Energy Agency. The company, together with partners Sev, Capture Energy, and IVL, has completed a 1.5-day planning and project set-up workshop a
Australian wave energy developer Carnegie Clean Energy has been named the key technology partner in the COIN (Control-Oriented Innovations for future wave energy farms) project, funded under the Horizon Europe Program with a total budget of €4 million. The four-year initiative, coordinated by Techni
Following strategic backing as part of its Series B funding round, as well as a grant from the European Union (EU), Swedish wave energy developer CorPower Ocean is on the lookout for a chief financial officer (CFO). Since its start in 2012, CorPower has raised around €115 million in funding in an ef
Swedish ocean energy developer Minesto has appointed a new chief financial officer (CFO) who will take over the role as of October. According to Minesto, Alexander Jancke has a strong background in finance with experience spanning nearly ten years as a certified auditor and financial adviser at KPMG
A new project has been launched in Wales to explore combining floating wind turbines, equipped with electrolyzers that produce green hydrogen, and wave energy devices to drive wave energy deployment off the coast of Pembrokeshire and lower its cost by sharing infrastructure. The Milford Haven: Hydro
