Leading marine energy developer Minesto continuous the operations programme with the DG100 tidal energy powerplant in Vestmannasund, Faroe Islands. This includes verification of electricity production together with the utility customer SEV and third-party certifier DNV. Personnel, hardware, and installation vessel…
Tocardo has been awarded the contract to supply three tidal turbines to QED Naval for their Subhub platform. The renowned Tocardo T-1 turbines have been selected by QED Naval to be combined with their innovative, self-deploying, submersible foundation system. For…
By Frédéric Simon | EURACTIV.com The European Commission’s offshore energy strategy, presented in November, set the bar high for tidal and wave power, aiming for a total installed capacity of 1 GW by 2030 and 40 GW by 2050. The…
Even in a year as challenging as 2020, ocean energy devices hit the water, significant investments deals were signed, and new manufacturing facilities launched. According to statistics released today by Ocean Energy Europe, tidal and wave energy devices were installed…
After securing a private placement of 9 MEUR, CorPower has extended its equity funding to 20.3 MEUR, for the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech…
The design of a brand-new European insurance fund for the ocean energy sector is underway, to slash the costs of the first commercial projects and accelerate the roll-out of this exciting new industry. Ocean Energy Europe (OEE) has appointed risk…
SIMEC Atlantis Energy (SAE), the global sustainable energy generation company and technology developer, is pleased to announce that its Scottish built tidal turbine and generation equipment have been successfully installed in the Goto Island chain in Japan. The tidal turbine…
After the announcement of the acquisition of the Tocardo OTP project in October 2020, the company worked hard to complete the commissioning- and testing phase of this unique project. On Monday 1st February the Oosterschelde Tidal Powerplant, made up of…
World-leading marine energy company Nova Innovation has announced a ground-breaking project to produce Scotch whisky distilled by tidal power in the Sound of Islay. Nova Innovation will install a series of underwater turbines between the isles of Islay and Jura…
Portuguese authorities have joined the Swedish Energy Agency, EIT InnoEnergy and private investors to support CorPower’s flagship HiWave-5 demonstration project in northern Portugal. The investment supported by the European Union is provided through the NORTE 2020 Program operated by aicep…
