Denmark-based clean-tech company Floating Power Plant (FPP) said Friday it was building what it said was 'the biggest wave energy PTO (Power Take-off) test bench in the world.'The company is collaborating with Fritz Schur Energy, Seasystems…
Wave energy converter developer Bombora and energy services giant TechnipFMC have teamed up to work on a floating offshore wind project, which pairs ocean wave energy with offshore wind.Bombora said Wednesday that under the cooperation in the…
Australian wave energy technology developer Carnegie Clean Energy has signed an agreement with Hewlett Packard Enterprise Company (HPE) to cooperate on a project to develop a reinforcement learning-based controller for the CETO wave energy technology…
Edinburgh-based wave energy technology firm Mocean Energy has raised £850,000 (USD 1,1 million) to speed up the commercialization of its wave energy converter and deploy it to power subsea oil and gas equipment.The Scottish start-up has raised £612…
CorPower Ocean, a Sweden-based developer of wave energy converters, has secured a 10-year marine license in Portugal.The company said the license provides a ‘Permit for the Private Use of the Maritime Space’ up to 12 miles off the coast of Aguçadoura in northern Portugal…
Wave energy technology developer Carnegie Clean Energy has signed a memorandum of understanding with Oceantera, to share knowledge and expertise on wave energy development.Carnegie and Oceantera - which is a joint venture between UK's Aquatera…
Italian oil and gas giant Eni has joined marine renewable energy group Ocean Energy Europe (OEE), as lead partner. Vincenzo Michetti, Eni’s Head of Upstream R&D will represent the company on the OEE Board. As part of the industry body focused on the development of tidal and wave energy…
CorPower, a Swedish developer of wave energy converters, is establishing an R&D, Manufacturing & Service Centre for wave energy converters in Viana do Castelo, Portugal.The location has been chosen to support CorPower’s demonstration project HiWave-5…
Austrian energy firm OMV has said it has struck oil and gas in the Taranaki Basin offshore New Zealand. OMV, as the operator of the Petroleum Exploration Permit (PEP) 60093, started drilling at the Toutoiwai-1 well in early March 2020.The oil…
A first-of-a-kind commercially-ready offshore wave power generation device is soon to be completed thanks to the experts from Finnish-based wave energy technology developer AW-Energy. The team has deployed its WaveRoller device offshore at Peniche…
Italian multinational oil and gas company Eni has activated the Inertial Sea Wave Energy Converter (ISWEC), offshore Ravenna, capable of converting energy generated by waves into electricity, which will in the future enable Eni to convert mature…
New Jersey based marine engineering firm Martin & Ottaway together with industry partners, has formed a new company, SurfWEC LLC, that will develop Wave Energy Converters (WECs) using patented features that are expected to increase energy recovery…
Swedish floating wind turbine player SeaTwirl has joined the Ocean Energy Scale-Up Alliance (OESA) that has been granted funding from the Interreg North Sea Region.SeaTwirl is a vertical floating wind turbine that was tested off the west coast of Sweden in 2011…
CorPower and Sustainable Marine Energy join forces for a wave and tidal developer collaboration to develop and demonstrate generic foundation mooring solution to reduce cost and improve O&M methods.The 35-month UMACK (Universal Mooring, Anchor…
New research at HR Wallingford in collaboration with the Coastal and Hydraulics Laboratory (CHL) in the U.S., has developed a toolkit that can be used to optimize the design of floating offshore renewable energy devices, by accurately simulating…