Industry news
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Published : 23/02/2021
CorPower extends equity funding to 20.3 MEUR for commercial scale demonstration
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 Green…More -
Published : 15/02/2021
SIMEC Atlantis achieves new tidal milestone with successful installation and generation of tidal turbine in Japan
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…More -
Published : 10/02/2021
Oosterschelde Tidal Powerplant resumed full continuous operations again
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 …More -
Published : 03/02/2021
Creating ‘water of life’ from the power of the sea
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 i…More -
Published : 02/02/2021
CorPower secures €7.3m investment into Portuguese wave project
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 prov…More -
Published : 02/02/2021
Sustainable Marine Unveils ‘Next-gen Platform’ ahead of World-leading Tidal Energy Project
Sustainable Marine is forging ahead with plans to deliver the world’s first floating tidal energy array after unveiling its next-generation platform in Nova Scotia, Canada. Construction of the pioneering new 420kW PLAT-I 6.40 floating ti…More -
Published : 01/02/2021
SABELLA takes over tidal energy assets from GE Renewable Energy
SABELLA takes over the tidal energy assets from GE Renewable Energy following the terms of an agreement signed on the 18th of January 2021. These assets gather all the tidal energy concepts developed by GE Renewable Energy since 2003, including as…More -
Published : 27/01/2021
Mocean Energy edges closer to EMEC deployment
Edinburgh wave energy developer, Mocean Energy, is gearing up to deploy its scale prototype, Blue X wave energy converter at the European Marine Energy Centre (EMEC) in Orkney, Scotland. Mocean Energy has signed a berth agreement to test …More -
Published : 27/01/2021
CorPower and OPS primed for ‘industry advancing’ wave energy project, following €500,000 EEA Grant
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 fabricati…More -
Published : 21/01/2021
€5m awarded for development of a Hybrid Testing Platform for Ocean Energy
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 produc…More