Today Scotland’s Energy Minister Fergus Ewing has given the green light on Aquamarine Power’s plans for the first array of Oyster devices, by granting full consent to a 2.4 MW demonstration project in Orkney. Aquamarine Power’s CEO, Martin McAdam wrote the following in a blog on the company’s website today: This is great news – [...]
Ecotricity, a UK green energy company, is developing a radical Wave power device called Searaser – which it believes can address two of the biggest barriers to the deployment of renewable energy on the scale that Britain needs – the issues of cost and intermittent output. Searaser is the brainchild of British engineer Alvin Smith; [...]
Alstom and the leading Scottish marine developer SSE Renewables have signed a new joint venture agreement to develop the Costa Head Wave Project, an up to 200 Megawatts (MW) wave energy site located north of mainland Orkney, in The Crown Estate’s Pentland Firth and Orkney Waters Strategic Area. Alstom and SSE Renewables will work together [...]
Pelamis Wave Power, a leading ocean power company based in Leith, UK has placed itself on the market according to several British newspapers. The company is hoping to attract the interest of a UK buyer such as BAE Systems or Rolls Royce if possible, that has the approximately U.S. $31 million required to bring their [...]
A new green investment fund has acquired a significant shareholding in wave energy company Aquamarine Power. The deal sees the Environmental Energies Fund (EEF) acquire a portion of the shareholding previously held by SSE Ventures, the venture capital arm of SSE plc. The £95 million ($146 million U.S.) secondaries fund has been formed to acquire [...]
Eco Wave Power has completed the construction and testing phase of its first sea wave energy generation models the “Wave Clapper”, and the “Power Wing”. The testing took place in the wave pool of the Hydro-Mechanical National Institute of Kiev. The “wave pool”, 2.5 meters depth, and 18 meters length, provided Eco Wave Power with [...]
The offshore marine energy project in Cornwall, which allows developers to test new wave energy technology, will be taken on by the Government to secure its future as a vital part of the UK’s green energy sources. Wave Hub provides a shared offshore infrastructure for the demonstration and proving of arrays of wave energy generation devices [...]
Against what many would call astronomical odds, a small midwestern U.S. company, Tremont Electric, has been granted US Patent 8,022,563 for the nPower® Wave Energy Converter (WEC), a commercial scale application of Tremont Electric’s nPower® kinetic energy harvesting technology. We are proud to put Cleveland, Ohio at the cutting edge of clean energy technology with [...]
Wave energy developer Carnegie Wave Energy Limited announced the development and funding application for a 5MW CETO demonstration project off British Columbia, Canada. Carnegie, through its British Columbian based subsidiary Pacific Coastal Wave Energy Corporation (PCWE), has been developing the Ucluelet Wave Energy Project for over two years. Significantly, the Project is supported by the Province of British Columbia [...]
M3 Wave Energy Systems based in Corvallis, Oregon, conducted testing on its DMP device technology at Hinsdale Wave Research Laboratory at Oregon State University last week. As a result of this developmental milestone, the company has begun a new push for funding in order to be able to proceed to an in-ocean pilot. The [...]
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 [...]
Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Ministry for Energy and Resources in Australia has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program. The funding will be applied towards the $14 million pilot demonstration of the company’s 250kW bioWAVE ocean wave energy system [...]
Voith Hydro Wavegen, the Inverness-based marine energy company, has cause to celebrate after successfully handing over the world’s first full life wave power plant into commercial operation. The ocean renewable energy industry is moving to the next level with the completion of the first grid-connected marine power plant in Spain. Wavegen was the first company [...]
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 [...]
There is a new invention just released that captures two types of clean energy with the same device. These inovative energy converters are designed to harness both solar and wave energy. Phil Pauley, founder of design and innovation agency PAULEY, developed the renewable power plant in a bid to drive innovation in the search for [...]
Aquamarine Power Gets Green Light for 2.4MW Demonstration Project in Orkney
Ecotricity Enters Wave Energy Industry
Alstom and SSE Renewables Create Joint Venture to Co-Develop World’s Largest Wave Farm off the Coast of Scotland
Pelamis Wave Power Up for Sale
Major New Green Energy Fund Acquires Stake in Aquamarine Power
Eco Wave Power Company is Taking the Fast Track to Success
RSS
Newsletter
Twitter
Facebook
LinkedIn
