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3 September 2013

US Department of Energy to invest $16m into wave, tidalp

The US Department of Energy is set to invest $16m into support of 17 wave and tidal projects.

3 September 2013

Port of Brest to invest €160m into marine renewables

marine-170SQ The Port of Brest in Western France is to invest €160m into the support of marine renewables in the region.

29 August 2013

UK generation from renewable sources hits 12%p

Over 12 per cent of the UK's electricity generated in the first three months of 2013 came from renewable energy, one per cent more than a year ago.

29 August 2013

Poor compliance leaves Indian RECs at floor pricep

Indian renewable energy certificates have remained at floor prices for August 2013, as supply continues to outstrip demand in the country.

27 August 2013

Verdane Capital sells SmartMotor to Rolls-Royce Marine

Norway_170SQ Norweigan private equity company Verdane Capital has sold permanent magnet company SmartMotor to Rolls-Royce Marine for an undisclosed sum.

23 August 2013

Welsh economy could benefit £840m from marine technology

tocardo_170SQ Marine energy could boost the Welsh economy by up to £840m, according to a new report commissioned by the Welsh government.

7 August 2013

Hydro Group appoints Gabriel Tan for SE Asia expansion

Scotland, Aberdeen-based Hydro Group, a designer and manufacturer of underwater cables and connectors for subsea applications, will invest further in its South East Asia expansion with the appointment of a technical support supervisor.

7 August 2013

Swedish marine energy company Minesto hires Volvo technology adviser

Heije Swedish marine energy company Minesto has appointed Dr. Heije Westberg as its Chief Technology Officer.

2 August 2013

Exclusive: Aquamarine Power seeks funding for commercial offeringp

Edinburgh-based wave energy company Aquamarine Power has told NewNet that the company is seeking investment to take it through to a commercial offering.

22 July 2013

Aquamarine Power reports £35m pre-tax loss, plays down concerns

Scottish wave energy company Aquamarine Power has attempted to play down fears over its future after reporting an annual pre-tax loss of over £35m.

22 July 2013

European Investment Bank launches €650m Climate Awareness Bond

The European Investment Bank (EIB) has issued a €650m Climate Awareness Bond, the largest climate-themed bond yet launched in the region.

18 July 2013

Family office-backed EcoMachines Incubator launches in London

A cleantech incubator has launched in London with backing from a family office to offer seed financing and mentorship to hardware and engineering companies in the energy and green sectors.

12 July 2013

Marine Current Turbines gets capital from regional growth fund

The Regional Growth Fund has given £19m in cash to a number of businesses in the south-west of the UK.

5 July 2013

SolarCity provides PV power to military homes in New Mexico

Nasdaq-listed SolarCity has begun a project to provide solar power to more than 600 military homes at a base in New Mexico.

3 July 2013

E.ON pulls out of Pelamis wave energy project

European utility E.ON has in a major turnaround pulled out of a wave power research project with Pelamis in Orkney, Scotland.

2 July 2013

UK’s Tidal Lagoon brings Costain, Atkins, Van Oord into development

Costain, Atkins, and Van Oord will partner with Tidal Lagoon Power to design, build, and deliver the world?s first tidal lagoon in Swansea Bay, Wales.

24 June 2013

Marine renewables specialist joints Invest in Cornwall

Invest in Cornwall has appointed Amanda Pound as Marine Renewables Business Development Specialist.

20 June 2013

Enel Green Power, 40SouthEnergy start marine energy project

The renewables arm of Italian utility Enel and 40South Energy, a group of companies operating in the field of marine energy, have begun the commissioning of a wave energy generator in the sea around the Tuscan Islands.

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 funding

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.

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