Tidal energy developer Minesto said Friday it had signed an agreement with Schneider Electric to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.The collaboration between Minesto and Schneider Electric…
U.S. based ocean energy technology developer Ocean Power Technologies has acquired 3Dent Technology, an offshore energy engineering and design services company based in Houston, Texas. 'OPT’s first acquisition brings additional revenue from 3Dent’s established project and customer base…
Taking the power to where you want it is another option – perhaps not for compression or pumping system, but potentially for monitoring, inspection, and even intervention systems, such as resident robotics concepts.It’s an idea some have been looking at…
Ocean energy technology developer Ocean Power Technologies's stockholders have appointed Clyde W. Hewlett, Diana G. Purcel, and Peter E. Slaiby to its Board of Directors.Terence J. Cryan, Chairman of the Board of OPT, a company that builds buoys that harvest and store wave energy…
Late 2018, before net-zero targets had been agreed to by most western energy giants and nations, BP came out with a goal to reach 100% of subsea inspection by marine autonomous systems by 2025.It was a tangible goal then, and it’s one that might…
Ocean energy technology developer Ocean Power Technologies (OPT) has received a DeepStar project award to study the use of its PB3 PowerBuoy to provide remotely controllable zero-carbon power for deepwater subsea oil production applications…
U.S. based ocean energy technology developer Ocean Power Technologies has launched a tech called the Subsea Battery solution for offshore installations.OPT said that the lithium-iron-phosphate battery system with a nominal storage capacity of…
Ocean Power Technologies, an ocean energy technology developer, has expanded its offering with the latest product called the hybrid PowerBuoy.The hybrid PowerBuoy is a buoy that offers remote power for subsea and topside applications, data communications…
Norwegian hydropower company Statkraft and its compatriot technology supplier Ocean Sun are set to start the construction of the planned 2 MWp floating solar pilot project in Albania.The pilot has an estimated total investment of EUR 2 million and will be placed at the Banja reservoir…
Norway-based Ocean Sun, a developer of floating solar technology, will be granted a new patent for the technology in the U.S.The company on Monday said: 'United States Patent and Trademark Office (USPTO) has informed Ocean Sun that a new patent will be granted in May 2020…
Ocean energy solutions innovator Ocean Power Technologies (OPT) said it it is working with joint development partners Modus Seabed Intervention and Saab Seaeye to develop a new solution for carbon-free subsea autonomous underwater vehicle (AUV) residency that would provide long-term…
US-based Ocean Power Technologies said Italian energy company Eni has extended its lease of a PB3 PowerBuoy for an additional 18 months. OPT has also been contracted for an additional scope of work to provide a power and communications solution for an entirely new application in the Adriatic Sea…
Revolutionary technology proven to operate successfully in 3,000-hour shallow-water testSwiss-Swedish multinational electrical engineering and global power systems technology specialist ABB has announced the commercial availability of its groundbreaking…
The completion of a final 3,000-hour test phase of the Swiss-Swedish technology multinational ABB’s subsea power infrastructure signals the culmination of a $100m partnership with world oil majors.The company has officially announced the completion…
In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed.New Jersey, US, based Ocean Power Technologies (OPT) has been a leading company in this area, working with Italian oil company Eni…
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