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Posts Tagged ‘wave energy’

23 January 2012

Ecotricity moves into marine sector with Searaser launch

waves_rock_170SQ 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.

17 January 2012

Tidal array results in ‘no environmental harm’, says seminal studyp

A comprehensive environmental assessment of a tidal energy device has concluded that the underwater turbine does not have a negative impact on its surroundings.

17 January 2012

Alstom, SSE sign deal for world’s largest wave farmp

AWS3_170_170 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.

12 December 2011

OPT reveals Q2 loss, increases order backlog

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.

2 December 2011

Australian ocean energy company BioPower gets A$5m

Australian wave energy company BioPower Systems has been awarded A$5m ($5.14m) under the government's Sustainable Energy Pilot Demonstration Programme.

1 December 2011

Marine energy company outlines share purchase planp

tidal_wave_170SQ A listed wave energy developer is to carry out a capital raising via a share purchase plan of up to $4m.

29 November 2011

Fugro completes foundations for Aquamarine Power’s wave energy array

aquamarineoyster2_170SQ UK marine services company Fugro Seacore has competed installation of three sets of foundations for wave energy developer Aquamarine Power at the European Marine Energy Centre test site in Orkney, Scotland.

15 November 2011

Marine energy set to reach commercialisation by 2015, experts predictp

The marine energy sector in Europe should reach commericalisation by 2015, according to a number of industry experts.

10 October 2011

Tidal energy developer may need investment if project progressesp

A company that is looking to develop a tidal energy project in the UK may look for financiers if environmental studies prove successful.

16 September 2011

Norwegian technology developer Langlee Wave Power gets investment boost

Norwegian cleantech firm Langlee Wave Power has secured an investment of NOK6m (£700,000) from Färna Invest in order for it to progress its technology development.

22 August 2011

Ocean Power Technologies begins trials for new PowerBuoy equipment

O US marine power developer Ocean Power Technologies has begun trials on the latest design in the company’s PowerBuoy range off the coast of New Jersey.

16 August 2011

RusHydro invests in marine energy research as it looks to develop 8GW project

The board of directors for Russia’s largest electricity producer RusHydro have approved plans to set up a new research company called the Innovation Centre of Tidal and Wave Energy.

25 July 2011

Wavegen seeks owner for 4MW Scottish project after RWE pulls out

Power utility RWE npower has decided to pull out of Wavegen's 4MW wave energy project, leaving the company seeking a new owner or developer.

14 July 2011

Ocean Power Technologies sees 31% revenue rise

OPT_PowerBuoy_170_170 US marine energy developer Ocean Power Technologies has seen revenue increase 31 per cent this fiscal year compared with the 12 months ending 30 April 2010.

13 July 2011

Aquamarine Power unveils latest Oyster device

Scottish wave energy developer Aquamarine Power has unveiled its latest marine electricity generator the Oyster 800.

5 July 2011

Australian wave energy tech firm Carnegie hits performance targets

Australian wave energy technology supplier Carnegie said it has met the projected performance for its CETO 3 energy device during the in-sea test period.

21 June 2011

Alstom acquires stake in wave energy developer AWS Ocean Energy

Power major Alstom has acquired a 40 per cent equity stake in Inverness-based wave energy company AWS Ocean Energy in its first investment in the marine energy sector. Financial details were not disclosed.

27 May 2011

Ocean energy in Ireland: Three things the government can do

Last week the Irish Times published an article stating that Ireland was losing out on the ocean energy race, with its Celtic neighbour Scotland taking the lead. As an Irishman leading a Scottish wave energy company, it pains me to say that I agree, writes Aquamarine Power CEO Martin McAdam.

19 May 2011

Investment in supply chain crucial to marine energy success

The supply chain must become more involved with the marine energy sector if it is ever to bring down the costs and reach widespread commercialisation, a leading technology developer said.

19 May 2011

Private sector funding pushing growth of wave, tidal technologies

The private sector has invested £5 for every £1 spent by the UK government in encouraging the development of the country's wave and tidal sectors, an industry figure has said.

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