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…
The European Commission has stressed that its Green Deal has wide-ranging ambitions, beyond a pure focus on decarbonisation. The Deal aims to create entirely new industries and jobs, reframe our relationship with local environments and natural resources, and re-prioritise fairness…
The new European Offshore Renewable Energy Strategy, published today, clearly acknowledges the massive industrial and environmental benefits that ocean energy can bring to Europe. Ocean Energy Europe welcomes this important step towards scaling up a brand-new European industry, while calling…
By Frédéric Simon | EURACTIV.com While focusing chiefly on wind power, the European Commission’s upcoming offshore energy strategy also seeks to boost other ocean energy sources like wave and tidal, according to a draft policy document seen by EURACTIV. The…
CorPower Ocean is set to unleash a world-leading wave energy project in the Atlantic Ocean after securing a 10-year license. The TUPEM license – awarded by the national Directorate-General for Natural Resources (DGRM) – provides a ‘Permit for the Private…
