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13 June 2013

Ocean Thermal Energy reveals plans for £8m IPO on London’s AIMp

Ocean Thermal Energy will aim to raise up to £8m through an IPO on London’s AIM market and told NewNet it feels confident the time is right because of the broad support it has as it commercialises its technology on a global-scale.

11 June 2013

Severn Barrage development company Hafren seeks £30m fundingp

Hafren, the would-be developer of the 11 mile Severn Barrage, has told NewNet the company is currently seeking £30m in funding as part of its second round.

11 June 2013

Reef Subsea carries out strategic restructuring

Reef Subsea, a provider of subsea services to the renewables and oil & gas sectors, will undergo a strategic group-wide restructure with Duncan Macpherson promoted to CEO.

11 June 2013

Severn Barrage would-be developer Hafren says ‘thanks for nothing’ to Select Committeep

The chief of Hafren, the company proposing to build the £25bn Severn Barrage, has said ‘thanks for nothing’ to the Select Committee responsible for publishing a damning report claiming the project failed to prove its economic worth but that it says was based on information it was already well aware of but could not do anything about due to a lack of government support.

10 June 2013

UK’s Severn Barrage in doubt after political backlash

Plans for the £25bn tidal barrage across the Severn estuary in the south-west UK have been ripped apart by a committee of MPs who say its backers have failed to prove the economic or environmental worth of the project.

5 June 2013

UK turbine industry non-existent due to tough legislation, says Tocardop

Tocardo Tidal Turbines, a tidal turbine innovator that has received backing from both Huisman and Repsol, told NewNet that the UK turbine industry is slow to take off because tough planning and consenting laws and the perception of unproven technology.

4 June 2013

US to offer first offshore RE lease auction in July

US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Tommy Beaudreau today announced that the first-ever competitive lease sale for renewable energy on the US Outer Continental Shelf (OCS) will be held on 31 July.

3 June 2013

Tidal energy innovator Tocardo lines up global orders for 2013p

Tocardo Tidal Energy, a tidal turbine innovator that has received backing from both Huisman and Repsol told NewNet it has discussions in progress for millions of Euros worth of orders.

3 June 2013

Pelamis Wave Power appoints Richard Yemm as CEO

Wave power technology developer Pelamis Wave Power has appointed founder and current commercial director Richard Yemm as CEO.

30 May 2013

Alstom partners with Tidal Lagoon Power for Swansea Bay project

Engineering giant Alstom has signed a memorandum of understanding with Tidal Lagoon Power to design and build the tidal generation units for the world’s first tidal lagoon in Swansea Bay, Wales.

24 May 2013

Tidal Lagoon Power confirms community share offer next monthp

The developer of the Swansea Bay tidal lagoon has confirmed to NewNet its community share offer will take place on 10 June.

24 May 2013

Tidal Lagoon Power names development director for Swansea lagoon

The Swansea Bay tidal lagoon developer Tidal Lagoon Power has named a former opencast mining worker and executive as development director for Wales.

23 May 2013

Sustainable Marine Energy to deploy Schottel turbines on tidal platform

Sustainable Marine Energy is to build and test a new generation systems integration platform, fitted with 50 tidal turbines provided by propulsion specialist Schottel.

23 May 2013

Exclusive: Ewing promises more private sector capital for Scottish renewablesp

Scottish Energy Minister Fergus Ewing has promised to continue drawing in private sector financing for Scotland’s renewable energy industry off the back of a world-first £18m marine renewables fund.

22 May 2013

Exclusive: Ed Davey says independent Scotland would struggle to meet green targetsp

UK Energy Secretary Ed Davey told NewNet Scotland will struggle to meet its renewable energy generation targets if it becomes independent as investment levels will suffer.

22 May 2013

Scotland details support for wave energy with £18m fundp

An £18m marine renewables fund launched by the Scottish government last year will now be used to provide a dedicated support mechanism for the wave sector to enable wave projects get to the first array stage and development.

22 May 2013

Aquamarine Power gets full consent for 40MW wave energy farm

Aquamarine Power, has received full consent from the Scottish Government for a 40MW wave farm off the north-west coast of Lewis, Scotland, making it set to become the world’s largest fully-permitted ocean energy site.

21 May 2013

Pelamis completes a year of testing at EMEC

ScottishPower Renewables-owned Pelamis has completed the first year of testing of its P2 wave energy converter at the European Marine Energy Centre (EMEC) in Orkney.

21 May 2013

Tidal Lagoon seeks pension fund cash for £650m Swansea Bay projectp

A geotechnical investigation for a proposed 250MW tidal lagoon in Swansea Bay, south Wales, is due to begin with project developer Tidal Lagoon Power telling NewNet it will seek backing from pension funds to raise the £650m needed to build the scheme.

15 May 2013

Tocardo aims for 5MW tidal deployment in UK by 2015p

Tocardo Tidal Turbines, a tidal turbine innovator that has received backing from both Huisman and Repsol, told NewNet it plans to install 5MW of capacity in the UK by 2014.

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