During the 39-day test period, over tides, Verdant Power’s turbines performed with over 99% availability and generated 187 kW at 2.5 m/s peak flood tide velocity. The European Marine Energy Centre (EMEC) has completed an independent power performance assessment for…
A new, ground-breaking mooring, anchoring and quick connect solution optimized for marine energy systems is set for Atlantic sea trials, following a range of laboratory and on-land test campaigns currently underway. The €3.7m UMACK (Universal Mooring, Anchor & Connectivity Kit)…
The warrants program TO3 in Minesto AB has been successfully completed. The program was fully subscribed, which means that Minesto adds €15.85 million in proceeds before issue costs to secure the company’s commercial expansion. A total of 10,236,653 new shares…
With the Fit for 55 package coming in July-- and with European Union Member States’ Recovery and Resilience Plans currently being reviewed -- the next few weeks are crucial to ensuring the European Green Deal delivers on its ambitious promises…
Floating Power Plant (FPP) has just secured €17,65m in R&D tax credits for an offshore floating wind and wave project at PLOCAN off the coast of the Canary Islands. This will help finance the demonstrator project currently in development. The…
Lundin Energy Norway is collaborating with Ocean Harvesting Technologies through a study on how installation of wave energy converters could provide clean, stable and cost-effective electricity to an offshore oil and gas platform. The one-year project will run until February…
EMEC has welcomed Spanish tidal energy developer Magallanes Renovables back to its tidal test site at the Fall of Warness in Orkney, Scotland. The successful reinstallation of Magallanes’ second generation 2 MW tidal platform ‘ATIR’ took place on 19 April…
Enel Green Power Chile, Enel Chile's renewable energy subsidiary, installed the PB3 PowerBuoy, the first full-scale wave energy converter off the coast of Las Cruces, in the Valparaíso Region. The marine energy generator installed by Enel Green Power is the…
Orbital Marine Power Ltd (Orbital), Scottish-based developers of one of the world’s leading floating tidal turbine technology, successfully launched its 2MW tidal turbine, the Orbital O2, from the Port of Dundee on Thursday 22nd April. The operation was managed by…
Wave power specialists Mocean Energy today unveiled their Blue X wave energy prototype which will take to the seas in Orkney next month. The 20-metre long, 38-tonne wave machine has been fabricated wholly in Scotland and will be deployed at…
