Ocean Energy

Eco Wave Power and CIMC OEI Sign MOU for Development of Eco Wave Power’s Technology in China

Monday, 11 October 2021 REM

Eco Wave Power has announced the signing of a Memorandum of Understanding (MOU) with CIMC Offshore Engineering Institute Co., Ltd., otherwise known as CIMC OEI.

CalWave Successfully Commissioned Open-Water Wave Energy Pilot

Friday, 08 October 2021 REM CalWave Power Technologies Inc. successfully commissioned its CalWave x1™ on September 16th off the coast of San Diego, California. This milestone event marks the beginning of California’s first ...

Orbital Marine Power to feature at Global Investment Summit

Thursday, 07 October 2021 Robin Whitlock Orbital Marine Power (Orbital) has been chosen as one of only twelve companies invited to take part in the Global Investment Summit (GIS), hosted by the Prime Minister and supported by members of the Royal ...

Minesto Awarded Funding by Swedish Energy Agency for Commercial Scale-Up

Friday, 24 September 2021 REM The Swedish Energy Agency has awarded Minesto a SEK 5.8 million grant to the ongoing commercialisation of Minesto’s ground-breaking Deep Green technology. The grant co-funds a project through which Minesto ...

European Commission support Orbital’s bid to lead 26.7 million euro tidal energy project

Monday, 13 September 2021 Robin Whitlock Scottish technology developer, Orbital Marine Power (Orbital) will lead a pan-European consortium to deliver the 26.7 million euro FORWARD-2030 project, set up to accelerate the commercial deployment of ...

Minesto and SEV Extend PPA and Plan for Scale-Up in Vestmannasund

Wednesday, 08 September 2021 REM Leading marine energy developer Minesto has signed a two-year extension of its Power Purchase Agreement (PPA) with the electric utility company SEV for Minesto’s tidal energy site in Vestmannasund, Faroe ...

Eco Wave Power Secures 1MW Installation and Grid Connection Permit

Tuesday, 24 August 2021 REM In a significant regulatory milestone, Eco Wave Power's Portuguese subsidiary, EW Portugal- Wave Energy Solutions has received an installation and grid connection permit of 1MW in the form of a Small-Production ...

ORPC Secures $25 Million In Growth Capital Led By Canadian Shield Capital And Hatch

Wednesday, 18 August 2021 REM Ocean Renewable Power Company (ORPC), a developer of clean, renewable power systems that harness energy from free-flowing rivers and tidal currents, announced today that it has secured a $20 million investment ...

Agreement Signed Between Eco Wave Power and The Israeli Ministry of Defense

Wednesday, 18 August 2021 REM Today, Eco Wave Power has entered into a collaboration agreement with the Procurement Administration in the Israeli Ministry of Defense for the Israeli Navy, to examine the feasibility of installing the ...

CorPower Completes World’s Largest Wave Energy Test-Rig

Tuesday, 10 August 2021 REM CorPower has constructed the world’s largest wave energy test-rig following an intense two-year project. The 45-ton moving mass system, installed at CorPower’s Stockholm base, is capable of ...