Industry news

Leading marine energy developer Minesto has signed a two-year extension of its Power Purchase Agreement (PPA) with the electric utility company SEV for Minesto’s tidal energy site in Vestmannasund, Faroe Islands. In addition, a site extension an…

Tidal energy pioneer Nova Innovation has secured €7.5 million from the Scottish National Investment Bank to fund manufacturing and distribution of its innovative subsea tidal turbines. The investment will see Nova increase its presence across th…

A new €45million marine energy project - European SCalable Offshore Renewable Energy Sources (EU-SCORES) - is paving the way for bankable multi-source offshore parks across Europe by 2025. EU-SCORES brings together leading wave energy an…

SCHOTTEL Hydro, Sustainable Marine’s German engineering partner, has collaborated with the world-renowned Center of Wind Power Drives at RWTH Aachen University to test its latest generation SIT250 drivetrain. The key component, manufactu…

Marine Power Systems completed its crowdfunding campaign on Crowdcube last week. Receiving huge support from investors they reached their original target of £2m in just 48 hours of the fundraise opening and raised more than double that by the end…

CorPower has constructed the world’s largest wave energy test-rig following an intense two-year project. The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere i…

Tidal energy leader Nova Innovation has been awarded a £2 million cash injection from the Scottish Government to advance tidal turbine manufacturing to a global level. The funding, delivered through Scottish Enterprise, is directed at Nov…

DP Energy has entered into a Joint Development Agreement (JDA) with Chubu Electric Power Company (Chubu) and Kawasaki Kisen Kaisha (“K” LINE) to develop the first phase of the Uisce Tapa tidal in the Bay of Fundy, Nova Scotia. The Bay …

Orbital Marine Power’s O2 has commenced grid connected power generation at the European Marine Energy Centre (EMEC) in Orkney. The innovative, floating turbine is anchored in the Fall of Warness where a subsea cable connects the 2MW offshore uni…

The European Marine Energy Centre (EMEC) has designed a programme of acoustic surveys to determine the potential impact that marine renewable developments may have on local species and habitats. This summer, EMEC will deploy a series of ac…