U.K.-based tidal energy technology developer Spiralis Energy has secured a $1 million investment from Kistos Holdings to build and test the Axial Skelter tidal energy unit.The investment received from Kistos will fund Spiralis Energy’s upcoming survivability testing ahead of a full-scale trial deployment in the waters off Alderney.The first phase of testing will begin in the first quarter of 2025 with functional testing of a subscale Axial Skelter…
SKF, Proteus Marine Renewables, and GE Vernova’s Power Conversion business have signed a memorandum of understanding (MoU), setting out the framework for a potential alliance to supply tidal turbine generation systems to developers of tidal arrays for commercial tidal stream projects…
HydroWing, tidal energy division of Inyanga Marine Energy Group, has signed a binding agreement with PLN’s Subholdings to develop plans for plans for the first tidal current power plant in Indonesia.The 10 MW tidal energy project is planned…
Inyanga Marine Energy Group has launched a crowdfunding round to advance the development of its HydroWing tidal energy technology and projects.The crowdfudnign campaign has been opened in partnership with Crowdcube.HydroWing aims to unlock the…
Inyanga Marine Energy Group has taken over the operatorship of D10 tidal energy turbine in France, deployed in the Fromveur Passage, off the coast of Brittany, following the liquidation of its previous owner Sabella.Initially deployed in 2015…
Schottel Marine Technologies has released a report highlighting the potential of its Swift Anchor technology, which found it could deliver up to 12% of Levelised Cost of Energy (LCoE) savings for floating wind farms.The study was carried out…
Inyanga Marine Energy Group completed hydrodynamic testing of its Passive Pitch Unit for its patented HydroWing technology, which was recently awarded the largest tidal energy project in the UK in Allocation Round 6 of the UK government’s Contracts…
Lloyd’s Register, an IECRE accepted renewable energy certification body (RECB) with a scope in marine energy, has signed an agreement with Orbital Marine Power to start the certification process for the world’s largest tidal energy converter…
Six tidal stream projects, with 28 MW in total capacity, have secured contracts in the UK’s Contracts for Difference (CfD) sixth allocation round.The strike price for six projects across five sites has been set at £172/MWh. It represents a 34%…
The Department of Energy’s Office of Technology Transitions has awarded $7.4 million to develop seven projects at Sandia National Laboratories aimed at advancing clean energy technologies.In total, DOE’s OTT announced $41.4 million in federal…
Inyanga Marine Energy Group and Verdant Morlais (VML) have signed a memorandum of understanding (MoU) to deliver a 4.9 MW tidal stream energy project at Morlais tidal energy zone, off Wales.The project will take place in a berth close to the…
Floating tidal turbine technology developer Orbital Marine Power has selected Global Energy Group (GEG) as preferred supplier to lead the manufacture and assembly of tidal turbines for projects in Orkney, Scotland.It is anticipated that turbine…
Orbital Marine Power, a Scottish renewable energy company focused on the deployment of its pioneering floating tidal turbine, has been confirmed as the technology partner for Orcas Power & Light Cooperative (OPALCO)’s proposed site off Blakely Island in Rosario Strait…
Spanish tidal energy company Magallanes Renovables has awarded a contract to Tadek Ocean Engineering for a detailed design related to cables, installation and mooring systems for tidal energy projects to be installed offshore United Kingdom…
The U.K. government has approved $1.27 billion for the next contracts for difference (Cfd) auction round, which is the biggest ever funding boost for its flagship renewables support scheme.The budget for the sixth CfD allocation round signals…
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