Posts Tagged ‘wave power’
23 January 2012
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.
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4 January 2012
A Scotland-based wave energy innovator is on the hunt for strategic partners as it continues up the development curve.
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13 December 2011
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.
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28 November 2011
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.
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24 October 2011
US marine energy developer Ocean Power Technologies has launched a new initiative designed to enhance the efficiency of its PowerBouy wave power product.
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15 September 2011
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.
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13 September 2011
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.
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9 September 2011
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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15 August 2011
Marine energy developer Atlantis Resources has connected a 1MW tidal turbine to the electricity grid at the European Marine Energy Centre in Orkney, Scotland. It is the first grid-connected commercial-scale device of its kind.
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12 July 2011
Australian renewable companies have seen share prices increase following the announced introduction of an A$23 ($24.63) per tonne carbon tax. Several have seen double-digit percentage rises following the news and the introduction of other funding mechanisms designed to stimulate Australia’s clean energy sector.
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28 June 2011
The Department for Energy and Climate Change has made £20m available for the development of marine power in the UK.
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9 March 2011
Emerging US wave power technology developer Columbia Power Technologies’ new SeaRay device has moved two steps closer to commercial viability, now that the company has secured new private and government funding, and deployed its first prototype.
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13 January 2011
The Chief Minister of East Indian state Gujarat, Narendra Modi, has given the green light to a 50MW tidal power project to be constructed in the Gulf of Kutch that may quintuple in capacity in the future.
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20 September 2010
The UK must act now to capitalise on its natural advantages in the nascent wave and tidal power industry, according to a report by wave power developer Aquamarine.
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13 September 2010
Ocean Power Technologies (OPT) has published more details of how it plans to use the $4.8m it was awarded by the US Department of Energy (DOE) last week.
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10 September 2010
The US Department of Energy (DOE) has awarded more than $37m in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies.
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9 September 2010
Ocean Power Technologies (OPT) recorded a net loss of $6.27m for the second quarter, an increase from the loss of $2.05m it posted for the same period of 2009 despite increasing its revenues.
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17 May 2010
UK renewable energy services group Subocean has opened an office in Germany and appointed a business regional manager as part of its strategy for growth in Europe as it assesses the US market as way to diversify its business portfolio.
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11 May 2010
Irish independent energy firm Energia has signed a preliminary off-take energy purchase agreement with US company Ocean Energy Systems (OES), which manufacturers a wave energy converter to produce electricity.
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30 March 2010
After ten years in development, Scottish offshore wave energy technology developer Pelamis has received a second order for its optimised P2 wave energy converter, following an initial deal with E.ON, from ScottishPower Renewables. The sale of the technology comes before its first system has even been delivered, Pelamis said.
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