Ocean Energy

AW-Energy Seeking Growth Capital to Deliver its First Scheduled Commercial Wave Energy Projects

Thursday, 11 June 2020 REM AW-Energy Oy (AWE), the Finnish wave energy technology company, is using corporate finance advisory firm Fredericks Michael & Co. in New York to identify and approach potential strategic partners and ...

Minesto Completes First Installation Phase of Vestmannasund Project

Monday, 08 June 2020 REM

Minesto has completed the first offshore installation phase of the Vestmannasund project, as the gravity-based foundation for the power plant has been installed at the site.

Hydrokinetic Clean Energy Harnessed From Florida’s Gulf Stream

Thursday, 04 June 2020 REM An off-shore demonstration with game-changing implications for the future of perpetual clean energy, conducted from May 25 through 28 by OceanBased Perpetual Energy, LLC in collaboration with the Southeast ...

AW-Energy Oy receives EU Seal of Excellence for its WaveRoller wave energy project

Thursday, 04 June 2020 Robin Whitlock

AW-Energy Oy (AWE), the developer of WaveRoller, has received the EU Seal of Excellence award from Horizon 2020, the EU’s research and innovation funding programme.

Study: Tidal Energy Can Have Significant Importance to the Faroese Grid

Wednesday, 29 April 2020 REM When commercialized, renewable energy from tidal streams will become a significant energy resource to balance other, unpredictable renewable energy sources. This is the preliminary result of studies made ...

Eco Wave Power to Construct up to 20MW Wave Energy Power Station in Portugal

Thursday, 23 April 2020 REM Onshore marine energy developer, Eco Wave Power , entered an official Concession Agreement with APDL (A Administração dos Portos do Douro, Leixões e Viana do Castelo) regarding the usage of an area ...

International tidal technology developers sign agreement with Morlais project

Friday, 17 April 2020 Robin Whitlock

North Wales tidal stream energy project, Morlais, has had a significant boost with the announcement that three new turbine developers have signed-up to the project.

WaveBoost project improves performance and reliability of wave energy

Wednesday, 08 April 2020 Robin Whitlock The three-year Horizon 2020 funded WaveBoost project has drawn to a close with a step change improvement achieved to the reliability and performance of wave energy technology. Led by CorPower Ocean, ...

Minesto Secures All Permits For Faroe Islands’ Installations

Wednesday, 01 April 2020 REM Marine energy developer Minesto and its collaboration partner, the Faroese electric utility company SEV, has been granted all necessary permits and consents for the installation of two grid-connected tidal ...

Orbital Marine Power to install first floating tidal farm at EMEC

Tuesday, 31 March 2020 Robin Whitlock Scottish based tidal energy developer Orbital Marine Power (Orbital) have signed up to a second berth at the European Marine Energy Centre (EMEC) in Orkney, Scotland, in preparation for delivery of the ...