Industry news
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Published : 20/09/2021
Minesto launches Dragon Class power plants for commercial scale-up
Leading marine energy developer Minesto today introduces a new range of power plants – the Dragon Class – an upgraded design of the company’s Deep Green technology for predictable renewable electricity generation from tidal and ocean current…More -
Published : 13/09/2021
Orbital secures €26.7m FORWARD-2030 EU project
The innovative Scottish technology developer, Orbital Marine Power (Orbital) will lead a pan-European consortium to deliver the €26.7m FORWARD-2030 project, set up to accelerate the commercial deployment of floating tidal energy. The FOR…More -
Published : 13/09/2021
Wello’s wave energy device starts generating power
Wello, the Finnish wave energy conversion experts have been developing its own vision for wave energy conversion technology for over a decade. Stepping away from the traditional ideas for wave energy, and developing a technology which is simple, e…More -
Published : 08/09/2021
Minesto and electric utility SEV extend PPA and plan for scale-up in Vestmannasund
Leading marine energy developer Minesto has signed a two-year extension of its Power Purchase Agreement (PPA) with the electric utility company SEV for Minesto’s tidal energy site in Vestmannasund, Faroe Islands. In addition, a site extension an…More -
Published : 07/09/2021
Nova Innovation secures €7.5m investment from Scottish National Investment Bank
Tidal energy pioneer Nova Innovation has secured €7.5 million from the Scottish National Investment Bank to fund manufacturing and distribution of its innovative subsea tidal turbines. The investment will see Nova increase its presence across th…More -
Published : 02/09/2021
€45m EU-SCORES Project aims to deliver ‘world-first’ bankable multi-source offshore marine energy parks
A new €45million marine energy project - European SCalable Offshore Renewable Energy Sources (EU-SCORES) - is paving the way for bankable multi-source offshore parks across Europe by 2025. EU-SCORES brings together leading wave energy an…More -
Published : 17/08/2021
Sustainable Marine’s Tidal Turbine Drivetrain Completes Rigorous Tests at World-renowned RWTH Aachen University
SCHOTTEL Hydro, Sustainable Marine’s German engineering partner, has collaborated with the world-renowned Center of Wind Power Drives at RWTH Aachen University to test its latest generation SIT250 drivetrain. The key component, manufactu…More -
Published : 11/08/2021
Marine Power Systems smashes crowdfunding target
Marine Power Systems completed its crowdfunding campaign on Crowdcube last week. Receiving huge support from investors they reached their original target of £2m in just 48 hours of the fundraise opening and raised more than double that by the end…More -
Published : 11/08/2021
CorPower completes world’s largest wave energy test-rig
CorPower has constructed the world’s largest wave energy test-rig following an intense two-year project. The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere i…More -
Published : 05/08/2021
Two million VOLT sparks Scottish tidal energy scale up
Tidal energy leader Nova Innovation has been awarded a £2 million cash injection from the Scottish Government to advance tidal turbine manufacturing to a global level. The funding, delivered through Scottish Enterprise, is directed at Nov…More