Wave Energy News


OPT to Deploy PowerBuoy in Monterey Bay

Feb 16, 2024

Ocean Power Technologies (OPT) has received funding from California's Naval Postgraduate School (NPS) for the year-long deployment of a PowerBuoy in Monterey Bay.The PowerBuoy, integrating OPT's Maritime Domain Awareness System (MDAS) along…

Consortium Forms to Deliver Wave-Powered Microgrid in Thailand

Feb 08, 2024

A consortium, led by Toshiba and Aquatera, has been awarded $1.9 million UK government funding to design a pilot microgrid project that will be powered by wave energy on a remote island in Thailand.Aside from Toshiba Europe and Aquatera, the consortium also includes Eco Wave Power…

Shell Joins Wave-Powered Subsea Project

Feb 05, 2024

Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the coast of Orkney through a combination of wave power and subsea energy storage. The $2.5 million (£2million) demonstrator initiative…

Eco Wave Power Feeds Clean Electricity to Israeli Grid

Jan 04, 2024

Eco Wave Power has started distributing clean electricity from its EWP-EDF One project in the Port of Jaffa to the Israeli national electrical grid.The EWP-EDF One project has 100kW installed capacity and is comprised of 10 wave energy floaters…

European Wave Energy Project Gets $4.4M Funding Boost

Dec 21, 2023

European Union’s Horizon program has approved a $4.4 million grant for SHY project, which will develop a new power take-off (PTO) system with advanced control strategy, aimed at reducing the cost of wave energy.SHY project, short for Seawater…

EU Grants $2.7M for Research Into Novel Concrete Materials for Offshore Renewables

Dec 20, 2023

The WECHULL+ project, co-ordinated by RISE Research Institutes of Sweden, has received a $2.7 million grant from the European Union to develop novel floating structures based on high-performance concrete for offshore renewable energy sector…

TotalEnergies Joins Wave Powered Subsea Project

Dec 10, 2023

TotalEnergies has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the east coast of Orkney, Scotland, with wave power from Mocean Energy and intelligent subsea energy storage from Verlume…

Mocean Energy Raises Funds for Blue Star Wave Energy Technology

Nov 13, 2023

Wave energy firm Mocean Energy has raised £2.2 million in new equity alongside a £500,000 grant to drive the commercialization of its wave energy technologies.The equity funds come from existing investors, including Equity Gap, Scottish Enterprise and Old College Capital…

CorPower Ocean Installs First Commercial Wave Energy Converter Offshore Portugal

Sep 05, 2023

CorPower Ocean,a Sweden-based developer of wave energy converters (WEC), said Tuesday it had installed its first commercial-scale WEC in northern Portugal, 'as it accelerates towards making wave energy a bankable technology for mass deployment…

Mocean Energy to Develop 250kW Wave Machine in Orkney with EU Investment

Sep 05, 2023

Wave energy technology developer Mocean Energy has secured over £3 million EU funding to develop and deploy a 250kW wave machine in Orkney.The wave energy device – named Blue Horizon 250 – will be manufactured in Scotland and deployed in a grid…

Eco Wave Power's Wave Energy Project Connects to Israel's Power Grid

Aug 15, 2023

Eco Wave Power Global, a wave energy developer, said Tuesday that its station at the Port of Jaffa in Tel Aviv, EWP-EDF One, had officially connected to Israel’s national electrical grid – making it the first wave energy project to deliver electricity to the country’s power supply…

Wave-Wind Offshore Platform with Hydrogen: Floating Power Plant's SEAWORTHY Selected for EU Grant

Jul 18, 2023

Danish technology developer and integrator Floating Power Plant A/S said Tuesday it had been selected to negotiate a significant grant by the European Commission to support its SEAWORTHY project at the PLOCAN test site.SEAWORTHY is an acronym…

Eni Installs "World's First" Inertial Sea Wave Energy Converter Offshore Pantelleria

Mar 07, 2023

Italian energy firm Eni said Tuesday it had installed the world's first Inertial Sea Wave Energy Converter (ISWEC) device connected to the electricity grid of an island.The ISWEC is located about 800 meters off the coast of Pantelleria island…

Nexans' Cables for US' First Grid-connected Wave Energy Test Facility

Feb 22, 2023

Nexans, a company specializing in making and installing power cables, has secured a contract for PacWave South, the United States' first grid-connected wave energy test facility.PacWave is a joint venture between the US Department of Energy…

CorPower Ocean, Maersk Supply Service Install Subsea Export Cable for Wave Energy Project in Portugal

Oct 05, 2022

CorPower Ocean, a Sweden-based developer of wave energy converters, and Danish offshore vessel owner Maersk Supply Service have installed a 6.2km subsea export cable off the coast of northern Portugal to energize CorPower Ocean's HiWave-5 Project…

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