Minesto, leading ocean energy developer, has today successfully completed the first phase of Dragon 12 (1.2 MW) offshore installation in Vestmanna, Faroe Islands. The 3.4 km main subsea cable was laid on the seabed, from the onshore grid connection point…
Irish wave energy developer, OceanEnergy, has signed up to demonstrate its OE35 floating wave energy converter at the European Marine Energy Centre (EMEC) in Orkney, Scotland. OceanEnergy intends to demonstrate the OE35 over two winter periods from 2024 at EMEC’s…
ORPC, an internationally recognized marine renewable energy developer whose power systems harness the energy of free-flowing rivers and tides, has signed a contract with Shell Technology – Marine Renewable Program to initiate a Modular RivGen® Power System demonstration project in…
Europe is taking a leap forward to secure its leadership in innovative renewables with the endorsement of a 45% renewables consumption target and a 5% innovation target for new installed capacity. The targets were agreed this morning by the European…
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…
