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Posts Tagged ‘wave power’

25 May 2012

Marine energy parks vital for sector’s commercialisationp

The creation of marine energy parks is vital to the commercialisation of wave and tidal technologies, with early investment already starting to yield positive results.

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.

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.

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.

24 April 2012

EMEC consulted on US marine energy centre

waves_rock_170SQ 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.

3 April 2012

Dutch marine energy company Tocardo signs South Korea deal

tocardo_170SQ Dutch marine energy company Tocardo has signed an agreement with German-Korean business Korwind to sell its technology in South Korea.

19 March 2012

Vattenfall reveals further plans for EMEC wave energy array

pelamis3_170_170 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.

15 March 2012

Scots need additional £82m to commercial marine powerp

The Scottish marine energy sector needs an additional £82m in state investment to fully realise its potential or risk jobs going abroad, according to a new report.

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.

9 March 2012

Ocean Power Technologies reduces operating loss

OPT_170SQ US marine energy developer Ocean Power Technologies recorded an operating loss of $12.4m for the nine months ending 31 January 2012.

27 February 2012

OPT appoints Tim Stiven as European MD

US marine energy developer Ocean Power Technologies has appointed Timothy Stiven as managing director of the company’s UK subsidiary, set to replace Angus Norman on 1 March.

14 February 2012

Scotland gives go-ahead to Aquamarine’s near shore wave power array

Scottish Energy Minister Fergus Ewing has approved the country’s first near shore commercial wave power array off the island of Orkney.

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.

4 January 2012

Scottish wave power developer seeks strategic partnersp

pelamis3_170_170 A Scotland-based wave energy innovator is on the hunt for strategic partners as it continues up the development curve.

13 December 2011

Fortum, Seabased to build 10MW Swedish marine energy plant

waves_rock_170SQ 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.

28 November 2011

Crown Estate encourages small businesses to enter marine power sector

UK property manager The Crown Estate has launched an initiative to make it easier for small companies to enter the UK’s wave and tidal energy industry.

24 October 2011

OPT launches European project to improve efficiency of PowerBouy

OPT_170SQ US marine energy developer Ocean Power Technologies has launched a new initiative designed to enhance the efficiency of its PowerBouy wave power product.

15 September 2011

Aquamarine Power steps to the forefront of marine energy’s commercialisation effortsp

Despite many sceptics arguing that the marine energy industry is lagging behind other renewable energy sectors, Aquamarine Power CEO Martin McAdam has told NewNet that with the right government support his company will be in a position to deploy a commercial array by 2014.

13 September 2011

Ocean Power Technologies partners with Lockheed Martin

US marine energy developer Ocean Power Technologies has entered into a joint venture with US technology giant Lockheed Martin to collaborate on a commercial-scale wave power system located at Reedsport in Oregon, West Coast US.

9 September 2011

Ocean Power Technologies moves towards commercialisation

Listed marine power developer Ocean Power Technologies has recorded revenues of $1.9m for the first quarter of fiscal 2012, a 36 per cent increase on the same period last year when the figure was $1.4m.

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