The Portuguese-Swedish wave energy developer and Norwegian engineering firm will join forces for the COMPACT (COMposite Pressure cAsing for CosT) Project, combining sector leading Wave Energy technology with low-cost composite design and fabrication processes from the offshore industry. Financial backing…
VALID is a 3-year H2020 project, kicking off 1st of December 2020, specifically designed to develop a Hybrid Testing Platform for accelerated testing with methodologies by combining the virtual and physical environment, reducing cost in the product developing process, tackling…
The Danish company Wavepiston has installed the first full-scale modules, of its wave energy converter (WEC) at the test site of the Oceanic Platform of the Canary Islands (PLOCAN). Their device allows the conversion of wave motion into electricity and…
At a time when there is a strong push for offshore renewable power generation in Japan, Mitsui O.S.K. Lines, Ltd. (MOL) have entered into an agreement with leading marine energy developer Bombora to identify wave energy potential across the region…
Atlantis, the global sustainable energy generation company and technology developer, announced that it has entered into a share placement agreement with New Technology Capital Group, LLC, a U.S.-based investor, to raise up to £12,000,000. Atlantis will get an initial investment…
The Basque Country and Scotland used the final day of the annual Ocean Energy Europe Conference & Exhibition to announce ‘EuropeWave’ - a new five-year collaborative programme that will channel €20m to the most promising wave energy concepts. The initiative…
Deploying ocean energy at scale requires simpler, faster consenting processes that are informed by the latest environmental research, according to a new report launched today. To date, there is no evidence that ocean energy has a negative impact on the…
Jason Hayman, CEO of Sustainable Marine Energy, is the winner of this year’s Vi Maris Award. The prestigious industry award was presented to Hayman during the annual Ocean Energy Europe Conference & Exhibition, being held online. Vi Maris, meaning ‘the…
As a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with…
New IRENA reports forecast a 20-fold growth potential of ocean energy by 2030, providing coastal communities with a climate-safe roadmap for COVID-19 recovery The CEO of Ocean Energy Europe (OEE), Rémi Gruet and the Director-General of the International Renewable Energy…
