Wave energy technology firm Eco Wave Power has entered an official agreement with Port Adriano, Spain, for the potential construction of a wave energy power plant of up to 2MW. According to the terms of the agreement, Port Adriano will assign…
French offshore seismic services firm CGG has partnered with the Selkie Project, a new €5.2m cross-border initiative aiming to boost the marine energy industry in Wales and Ireland.'Selkie is bringing together leading researchers and businesses…
Hydrokinetic energy company Waterotor International Corp. on Tuesday unveiled its 20MW hybrid ocean energy-generating system aimed at decarbonizing offshore oil and gas operations.The megarotor system design called “The Big Cajun” was unveiled…
South Korean wave energy developer INGINE revealed ambitious growth plans for 2022,its10th anniversary.Today the company is approaching a landmark fifth year of wave energy operation in North East Asia, via the Jeju Bukchon Wave Power Plant built in 2015…
AWS Ocean Energy's wave energy converter, designed for remote power applications such as powering subsea oilfield assets, has arrived in Orkney ahead of its imminent deployment at the European Marine Energy Centre (EMEC). The 16 kW Archimedes Waveswing arrived at Hatston Pier…
Wave energy technology firm Eco Wave Power said Wednesday it would hold its official bell ringing ceremony on Nasdaq Stock Market on Thursday morning, at 9:15 a.m. ET to celebrate becoming a public company on the Nasdaq U.S. Eco Wave Power began its trading on the Nasdaq on July 1…
Wave energy technology companies Eco Wave Power and Ocean Power Technologies, Inc. (“OPT”), said Thursday they were working to utilize their complementary technologies and skills to accelerate wave energy projects, under an agreement previously signed…
Ocean Power Technologies has appointed Robert P. (Bob) Powers as Senior Vice President and Chief Financial Officer, effective December 13, 2021.Powers brings more than 25 years of experience in finance and strategy to OPT, most recently as CFO of Constellation Advisors…
Australian wave energy tech firm Carnegie Clean Energy has been selected to receive a contract under the EuropeWave Pre-Commercial Procurement (PCP) program via its subsidiary CETO Wave Energy Ireland Limited.EuropeWave PCP is a competitive…
UK-based wave energy technology company Mocean Energy said Wednesday its Blue X wave energy machine had returned to dock after a successful five-month test period at sea.'In the last few days the 20-meter long, 38-tonne wave machine has been…
ASX-listed wave energy technology company Carnegie Clean Energy has launched a CETO-derived wave energy product designed for moored vessels, which 'offers a solution to the challenge of securing clean and reliable energy for offshore activities…
Wave energy firm Mocean Energy said Tuesday it has opened a new dedicated office in Aberdeen to meet rising oil and gas industry interest in the decarbonization of North Sea assets.The Edinburgh-based firm is working to develop a wave energy…
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) said Friday that its proposed wave power project in Mauritius was selected for Japan's Ministry of Economy, Trade, and Industry (METI) subsidy programs.MOL said it had conducted natural…
U.S. Department of Energy (DOE) has awarded a grant to wave energy solutions provider Ocean Power Technologies to further the development of a next-generation wave energy converter.'Investment by the U.S. government towards the commercialization…
Wave energy technology developer CorPower has said it has completed construction of the world’s largest wave energy test-rig, following a two-year project.The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of simulating ocean wave conditions anywhere in the world…
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