State and federal members of the Maine Task Force of the Bureau of Ocean Energy Management will meet on December 8th (Thursday) to review an unsolicited lease application that they received from the Norwegian oil company, Statoil, for a wind energy project in the waters south of Boothbay, Maine. The project is considered the first-of-its-kind [...]
Wave energy developer, Carnegie Wave Energy Limited, has announced a capital raising via a Share Purchase Plan (“SPP”) of up to $4 million. The SPP will allow all existing and eligible Carnegie shareholders to purchase between $3,000 and $15,000 worth of shares at 5c per share. Based on the share price at close of trading on [...]
Chevron Corp has taken full responsibility for a major oil spill in Brazil’s Campos Basin as a result of drilling a well in about 4,000 feet of water 230 miles northeast of Rio de Janeiro. Oil has been leaking since November 8th. Chevron has indicated that they have plugged the well, but oil continues to [...]
The Shetland Islands Council and Shetlands Charitable Trust have signed a Memorandum of Understanding with Sweden’s energy giant Vattenfall, to develop marine renewable energy in the isles. The groups hope they can drive the development of ocean energy in the area while benefitting the community. The initial focus will be on promoting the construction of [...]
The Scottish wave energy company, Aquamarine Power, has closed its office in Newport, Oregon at least for the time being. Aquamarine had established a one-person office in Oregon last year with the intent of deploying its wave energy buoy in the state’s coastal waters, but stated that a lack of certainty regarding the state’s marine [...]
The Chinese Communist Party’s official newspaper, The People’s Daily, is reporting that China plans to increase installed capacity of its offshore wind power sector to 30 gigawatts by 2020 with investments of almost $16 billion in US dollars. China is new to the offshore wind energy market with only 142,500 kilowatts of installed capacity at [...]
What could be worse than a storm that packs the punch of a category 3 hurricane coming ashore, the same storm when temperatures are low enough to make it a blizzard! The western coast of Alaska has been battered with an epic storm from the Bering Sea the likes of which has not been [...]
The Seawater Greenhouse provides a low-cost solution by enabling year-round crop production in some of the world’s hottest and driest regions. It does this using seawater and sunlight. The technology imitates natural processes, helping to restore the environment while significantly reducing the operating costs of greenhouse horticulture. Seawater is evaporated at the front of the [...]
2011 Sustainable Energy Awards Shortlist Announced Thirty six Irish companies and organisations that have introduced effective sustainable energy initiatives have been shortlisted for the 2011 Sustainable Energy Awards. The Awards, presented by the Sustainable Energy Authority of Ireland (SEAI) and sponsored by ESB Electric Ireland, provide an opportunity for organisations, regardless of size or sector, [...]
Fortum and DCNS have recently signed a Letter of Intent on cooperation in the field of wave power research and development in France. A joint feasibility study for a wave power demonstration project located in France is planned to be starting by the end of 2011. The project is in line with Fortum’s and DCNS’s ambitions. [...]
British tidal energy company, Marine Current Turbines Ltd, today announces that Siemens is increasing its share in the company to 45%. “With this increase in its stake, Siemens is strengthening its activities in ocean power generation. We will actively shape the commercialization process of innovative marine current power plants,” said Michael Axmann, CFO of the [...]
Japan’s six reactor Fukushima Daichi nuclear complex has inadvertently become the world’s bell-weather poster child for the inherent risks of nuclear power ever since the 11 March Tohoku offshore earthquake, measuring 9.0 on the Richter scale, triggered a devastating tsunami that effectively destroyed the complex. Ever since, specialists have wrangled about how damaging the consequences [...]
The Maldives is a nation made up of 1,190 coral islands formed around 26 natural ring-like atolls, spread over 90,000 square kilometres of crystal clear Indian Ocean. It is truly one of the most beautiful places on earth as each atoll is made of a coral reef encircling a lagoon with deep channels dividing [...]
Rolls-Royce, the global power systems company, has received its first order for vessels based on the Group’s award-winning, highly efficient, Environship concept. Rolls-Royce will design and provide integrated power and propulsion systems for two technologically advanced cargo vessels, which have been purchased by Norwegian transportation company, Nor Lines AS. These highly efficient ships incorporate a [...]
The Deepwater Horizon oil spill of 2010 was a wake up call regarding offshore drilling practices and safety protocols for the United States, but for the entire world as well. Americans were surprised to learn that oil companies face much stricter standards when drilling in the North Sea than were required in the United States [...]
Japan’s Kawasaki Heavy Industries Ltd. has announced that it has launched the development of a tidal energy power generation system. Kawasaki is looking to leverage experience in building ocean vessels, marine engines and structures along with their engineering expertise in high efficiency gas turbine power plants to harness the energy of tidal currents. The New [...]
BOEM Seeks Input on an Environmental Assessment for Ocean Current Technology Testing Offshore Florida
UK Opens a £20Million Marine Energy Grant Opportunity
U.S. DOE to Fund One Wave Energy Project for One Year
Norway’s Wello Will Deploy Wave Energy Converter at EMEC by the end of the Month
Ocean Power Technologies Announces Results for the Fiscal Third Quarter Ended January 31, 2012
Ocean Renewable Power Company Receives Permit for Tidal Energy Project in Bay of Fundy
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