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 [...]
Ocean Power Technologies, Inc. announced the launch of a new technology initiative to enhance the efficiency of the Company’s patented PowerBuoy(R) wave energy systems under the Company’s existing “WavePort” project. OPT will be working with a consortium of European companies and institutions to advance the energy conversion system of the PowerBuoy device through the development of [...]
Wave energy company Wavestar who’s 1:10 scale prototype has been successfully producing power for 3 years off the coast of Denmark, is using high tech equipment that is usually more at home on an automotive assembly plant floor than the ocean. The central controlling system of their wave energy converter supplied by Rockwell Automation is comprised of [...]
Wave energy company Aquamarine Power took another major step towards the commercialisation of its Oyster technology with the announcement today of £7 million of new funding and a commitment of further investment in the company from its existing shareholders over the next two years. The company has closed a funding round of £7 million comprising [...]
Critical Software Technologies (UK), Critical Software (PT) and Critical Materials (PT) are working with Floating Power Plant to help the company adopt a proactive approach to monitoring the condition and structural health of its Poseidon off-shore plant. Critical’s work on the Poseidon prototype, situated off the coast of Lolland in Denmark, will open up an [...]
The US Air Force Academy’s aeronautical researchers finished testing the newest form of alternative energy at the Offshore Technology Research Center on Sept. 2. The two weeks of testing proved the fundamental mechanics of the Academy’s ocean wave energy converter on the largest scale to date. The ocean wave energy converter is the brainchild of Dr. [...]
Ocean Power Technologies, Inc. today announced that its PowerBuoy recently deployed off the coast of New Jersey successfully withstood the severe conditions experienced during Hurricane Irene. Deployed under the US Navy’s Littoral Expeditionary Autonomous PowerBuoy (LEAP) program, the PowerBuoy was in the direct path of Hurricane Irene, which hit the New Jersey coastline on Saturday, [...]
Ocean Power Technologies, Inc. (OPT) a leading wave energy technology company, is pleased to announce the deployment for sea trials of a unique autonomous wave energy device, marking an important milestone in the expansion of the Company’s PowerBuoy product line. “This is a significant achievement for Ocean Power Technologies in the development and commercialization of its [...]
ESB’s WestWave Project has been selected by the Department of Communications, Energy and Natural Resources (DCENR) as one of the projects to go forward for evaluation by the European Investment Bank (EIB) under the EU New Entrant Reserve (NER300) funding mechanism. The WestWave Project aims to develop the first wave energy project in Ireland by [...]
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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