Public financing of ocean energy must be designed to create a 'pull' for private investment in a global market that could reach 350 Gigawatts by 2050, says a new report co-authored by the International Renewable Energy Agency (IRENA) and Ocean…
Orbital Marine Power (Orbital), the renewable energy company focused on the commercial deployment of its innovative floating tidal turbine technology, announced it has been awarded an Option Agreement from Crown Estate Scotland for a new tidal energy project in the…
Nova has successfully installed its world-leading tidal energy technology at the Étel Estuary, bringing its turbines to France for the first time. This tidal energy trial proves that Nova's world-leading tidal technology can be deployed in rivers and estuaries as…
Minesto has successfully installed the tidal power plant Dragon 4 at the newly added second foundation in Vestmannasund. The upgraded tether design is developed in a targeted R&D project that aims to further improve the production performance by reducing resistance in the…
The two companies have formed a partnership to co-develop a wave energy project. The project aims to provide clean energy for the local communities. “This agreement could lead to a new frontier of clean energy and clean water in the…
Read on Euractiv.com Industrial planning is back. The urgency of climate change, covid-era supply disruptions and rising geopolitical tensions have triggered a renewed governmental push to shape future economies and keep clean energy industries within national borders. Brussels is at…
The device developed by Eni, the Politecnico di Torino and Wave for Energy, will convert energy from sea waves to directly supply the island with renewable electricity Eni announces that it has completed the installation of the world's first ISWEC…
Europe’s industrial leadership in ocean energy is increasingly at risk, according to statistics released today by Ocean Energy Europe. Despite ambitious EU deployment targets, fewer projects hit European waters in 2022 than in any year since 2010. Meanwhile, global competitors…
Edinburgh-based tidal energy company Nova Innovation has achieved another world-first by doubling the size of their Shetland Tidal Array. In 2016, the array of three underwater tidal turbines was the first of its kind and has been powering homes and…
The European Marine Energy Centre (EMEC) has been awarded a site-wide section 36 consent at its grid-connected Billia Croo wave test site off the west coast of Orkney, Scotland. Subjected to the powerful forces of the North Atlantic Ocean, Billia…
