marine
21 February 2012
Building a track record long enough to get insurers to cover renewable energy projects is proving difficult in newer technology areas, a group of experts told NewNet.
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21 February 2012
Driven by strong cleantech investment, corporate venture put most money into the energy sector over recent years with $974m was invested in 95 deals, new figures show.
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21 February 2012
One of Europe’s largest engineering companies has confirmed to NewNet that it has a multi-billion funding pot with which to make acquisitions over the coming few years.
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20 February 2012
Channel Island’s tidal energy developer Alderney Renewable Energy (ARE) has signed agreements for two projects that will create one of the most significant marine energy sites in Europe.
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17 February 2012
Engineering giant Siemens has acquired a majority stake in UK-based Marine Current Turbines as it looks to strengthen its position in the tidal power sector.
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16 February 2012
An independent Scotland would see the creation of a £30bn energy fund to cement the region’s leadership in the renewable power sector, First Minister Alex Salmond said.
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14 February 2012
Scottish Energy Minister Fergus Ewing has approved the country’s first near shore commercial wave power array off the island of Orkney.
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13 February 2012
The Scottish tidal and wave sector is to benefit from a £6m fund launched by Scottish Enterprise, which a spokesperson told NewNet will focus on the later stage of technological development compared to its earlier vehicle.
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27 January 2012
The US’ Federal Energy Regulatory Commission has issued its first pilot project licence for a tidal energy project to Verdant Power.
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25 January 2012
Wave and tidal energy innovators will soon be eligible to bid for £10.5m in funding under a collaborative research and development project to be launched in the UK
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25 January 2012
One of India’s largest resource and power corporations told NewNet it is seeking alliances with developers in both the marine and offshore wind sectors.
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23 January 2012
UK green energy company Ecotricity has diversified into the marine power sector and revealed it is developing a device that it believes can address the issues of intermittency and cost.
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23 January 2012
There is a shortage of engineering skills and expertise in the UK marine sector for the impending roll-out of wave and tidal energy technology to translate to significant jobs, according to one expert
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17 January 2012
A comprehensive environmental assessment of a tidal energy device has concluded that the underwater turbine does not have a negative impact on its surroundings.
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17 January 2012
A joint venture formed between Alstom and SSE Renewables will develop the world's largest wave farm off the coast of Scotland, and NewNet has learnt that 2020 has been scheduled as the completion date of the 200MW installation.
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5 January 2012
A European wave power developer has told NewNet that it expects to see a strong interest from strategic investors as it looks for a partner to moves to becoming a commercial manufacturer.
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4 January 2012
A Scotland-based wave energy innovator is on the hunt for strategic partners as it continues up the development curve.
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14 December 2011
A fund manager is capital raising to the tune of $1bn as it launches a renewable energy and cleantech fund, NewNet has been told.
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13 December 2011
Nordic energy company Fortum has signed an agreement with Swedish marine power developer Seabased for the joint construction of a €25m, 10MW wave energy demonstration plant in Sotenas, Sweden.
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12 December 2011
US marine energy developer Ocean Power Technologies made a second quarter operating loss of $3.9m, an improvement on the same three months last year when the figure was $5.5m.
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