A Nova Innovation led consortium has secured €20M in EU Horizon Europe funding to deliver a 16-turbine tidal farm project – the largest number of turbines deployed globally. The 4 MW array will be installed at the EMEC Fall of…
French President Emmanuel Macron announced commercial tenders for tidal stream as part of the ‘PPE’ — the French energy strategy update — after saying ‘we have to be at the top of our game in tidal stream’. This follows a…
HydroWing is gearing up for deployment of its next generation tidal energy technology, following the recent announcement that HydroWing has been awarded a contract for a 10MW tidal stream energy project in Wales. HydroWing was the largest tidal stream project…
Wave energy pioneer Mocean Energy has raised £2.2 million new equity alongside a £500,000 grant to drive the commercialisation of its wave energy technologies. The equity funds come from existing investors including Equity Gap, Scottish Enterprise and Old College Capital,…
Tony Lewis, CFO of OceanEnergy is the recipient of the 2023 Vi Maris Award. The announcement of this prestigious industry award was made during the OEE2023 Conference and Exhibition in The Hague. Vi Maris, meaning ‘power of the sea’, is…
Orbital, along with sector leading project partners, today announce their selection by the European Commission’s Horizon Europe Programme to deliver a multi-turbine tidal energy project, EURO-TIDES. Key workstreams will focus on accelerating the commercial deployment of Orbital’s pioneering floating tidal…
Minesto, leading ocean energy developer, has completed the manufacturing of the Dragon 12 wing and started system integration at quayside in Uddevalla port, Sweden. The quayside completion of the kite enables an efficient shipment directly to Minesto’s tidal energy production…
SAE is delighted to announce that it has successfully secured 4 Contracts for Difference (CfD) in the latest allocation round, for the world leading MeyGen site. These CfD contracts, which guarantees €170 (€/MWh), for 15 years from 31st March 2028…
Europe’s tidal stream sector received a resounding vote of confidence in today’s UK renewable energy auction results, under its Contracts for Difference (CfD) scheme. £29m (€34m) of revenue support will go to 11 projects, providing much-needed long-term certainty and stimulating…
Today’s announcement that the UK is to join the EU’s flagship Horizon Europe programme is excellent news for Europe’s ocean energy sector. Participation in the world's largest transnational research & innovation programme, with its emphasis on cross-border collaboration, will get…
