marine

22 May 2012

Norway’s Langlee Wave Power secures new investment

Norwegian marine energy developer Langlee Wave Power has secured NOK18m ($3m) for a year-long test of its E1 system.

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18 May 2012

US releases funding to test wave energy device in Hawaiip

The US Department of Energy has made $500,000 available to test the technical readiness of technologies that can harness energy from waves at a US Navy test site in Hawaii.

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17 May 2012

Scotland launches underwater turbine in Orkney

The installation of underwater turbine in Orkney, Scotland has been successfully completed and is currently providing homes and businesses on the island of Eday with electricity.

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16 May 2012

Bahamian ocean thermal project needs local investorsp

The developers of a proposed renewable energy plant set to be built in The Bahamas is hoping to partly-finance the scheme by local investment commitments.

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15 May 2012

Finnish wave energy developer initiates Series B fundraisingp

A Finnish wave energy specialist has begun fundraising towards its Series B round with two prominent venture firms already committing capital.

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8 May 2012

Scottish company launched to serve marine sector

A company has been launched in Scotland to provide engineering services to the tidal and wave energy sector.

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1 May 2012

Wave energy developer Carnegie receives A$10m government grant

Wave energy developer Carnegie Wave Energy has received a A$9.9m grant from the Australian government’s Emerging Renewables Programme, in support of its grid-connected wave energy project.

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27 April 2012

UK’s Crown Estate awards new marine test leases

The UK’s Crown Estate has announced three agreements for new wave and tidal testing lease sites, bringing the UK total to 36.

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24 April 2012

EMEC consulted on US marine energy centre

US organisations the Oregon Wave Energy Trust and the Northwest Marine Renewable Energy Center have entered negotiations with a team led by the European Marine Energy Centre, to provide a development plan for the Pacific Marine Energy Centre.

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17 April 2012

Serbian tidal innovator establishes UK base to attract VC fundsp

A Serbian marine energy innovator told NewNet it has established a business presence in the UK as it looks to attract venture capital funds to build a sea-based prototype of its tidal power concept.

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16 April 2012

Fred Olsen installs first wave device at Falmouth Bay test site

Offshore energy specialist Fred Olsen has installed the first wave device in Cornish waters.

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5 April 2012

UK marine scheme opens with £20m in financing availablep

The UK government has launched a £20m marine energy scheme with organisations eligible to bid for financing.

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4 April 2012

Marine energy expert urges coastal communities to open their doorsp

Commercial scale marine energy developments are within reach but getting local communities on board will be critical in their future roll-out, an industry participant told NewNet.

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3 April 2012

Dutch marine energy company Tocardo signs South Korea deal

Dutch marine energy company Tocardo has signed an agreement with German-Korean business Korwind to sell its technology in South Korea.

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26 March 2012

Scotland opens door to Marine Current Turbines

Tidal power business Marine Current Turbines (MCT) will open its first satellite office in Inverness to push forward its energy goals in Scotland, a plan that will be lead by David Langston.

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22 March 2012

Scotland launches £103m renewable energy investment fundp

The Scottish government has launched a £103m green fund to further boost its fast-expanding renewable energy market.

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22 March 2012

Fugro purchases EMU to strengthen environmental offering

International geological consultancy Fugro has acquired UK-based marine survey specialist EMU for an undisclosed sum.

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19 March 2012

Vattenfall reveals further plans for EMEC wave energy array

Swedish energy company Vattenfall has revealed plans to build a 10MW wave power array using Pelamis technology at the European Marine Energy Centre in Orkney, Scotland.

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15 March 2012

European Marine Energy Centre looks to expand facilities

The European Marine Energy Centre has said it will begin consultations on the expansion of its facilities for its full-scale test sites.

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15 March 2012

ScottishPower contracts Intertek for marine energy site assessment

The renewables division of UK utility ScottishPower has contracted Intertek METOC to provide modelling, survey support and nautical expertise for a marine power resource assessment.

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