Swedish marine energy developer Minesto has reported an increase in net loss for the first quarter of 2022 in comparison to the results for the first three months of 2021.
Dutch-based company Water2Energy (W2E) has optimized the test setup at the sluice gate in the Port of Flushing to increase the yield of its next-generation tidal energy turbine under trials at the site.
The global social networking company Meta – formerly known as Facebook – has expressed interest in the hybrid offshore renewable energy solution developed by GEPS Techno.
The National Renewable Energy Laboratory (NREL) has installed the first wave test tank at its Flatirons Campus in Colorado, which can help shepherd marine energy prototypes from abstract concepts to the market.
Scottish tidal energy company Nova Innovation has launched a tender for a contractor to lead the Environmental Impact Assessment (EIA) work for its Enlli tidal project in North Wales.
The industry has been evidently hitting the pause button ahead of Easter. However, it seems like one part of the world still keeps going without slowing down. The Americas took the spotlight this week in offshore energy news headlines, with Canada and the U.S. steering the wheel.
While exploring hydrokinetic devices in rivers and tidal estuaries, the researchers from the US universities and national laboratories have used acoustic cameras to assess collision risk of fish and moving turbine blades in the water.
Danish company Resen Waves has been bestowed an international award for its wave energy-powered smart buoy and its potential for the integration with other offshore industries.
Innosea, the international engineering, design and R&D consultancy within marine renewable energy sector, has expanded its European presence to the Spanish market.
Swedish marine energy developer Minesto has launched a detailed plan for large-scale build-out of tidal energy arrays in the Faroe Islands that will help bring the island country closer to 100% renewable energy.
Sustainable Marine has delivered Canada’s first ‘grid-compliant’ floating tidal energy system, ushering in a fresh dawn for the nation’s marine renewable energy ambitions.
Swedish-Israeli company Eco Wave Power has signed an agreement with Port Adriano in Spain for the potential construction of a wave energy power plant of up to 2MW.
US DOE has unveiled the winners of $1 million in cash prizes in the final stage of the Waves to Water Prize, whose aim was to develop wave energy-powered desalination solutions.
The current geopolitical crisis has been seen by many as a wake-up call and a nudge the world needed to pivot towards renewables, which are perceived as pillars of a net-zero future. In light of this, the offshore energy industry is putting the wheels into motion to step up decarbonisation as the wo
