Wave Energy News

 

Eco Wave Power Signs Up Local Contractor for California Wave Energy Pilot

16 hours ago

Eco Wave Power Global has signed an agreement with C&S Welding, a California-based industrial and maritime contractor, for the installation of its wave energy floaters and the company's energy conversion unit at the Port of Los Angeles.The agreement marks the final step before deployment begins for Eco Wave Power's first-ever onshore wave energy project in the United States.All floaters for the pilot proejct have been fabricated by All-Ways Metal…

CorPower Ocean Welcomes Two International Strategic Investors

Jul 18, 2025

Swedish wave energy firm CorPower Ocean has secured two new strategic investors - Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT…

French Wave Energy Firm Closes Multi-Million-Dollar Fundraiser

Jul 07, 2025

French company Seaturns has raised $2.9 million to industrialize its wave energy technology and accelerate large-scale deployment.The funding round, carried out primarily through the Keenest platform, also received strong support from long-standing…

OPT Secures US Patent for Floating Marine Vehicle Charging System

Jun 27, 2025

Ocean Power Technologies (OPT) has secured a patent from the United States Patent and Trademark Office (USPTO) for its autonomous, floating marine charging solution.Designed to address the increasing demand for clean maritime operations, the invention enables electric vessels…

Eco Wave Power, AltaSea Agree Wave Energy Pilot’s September Launch

Jun 26, 2025

Eco Wave Power and AltaSea at the Port of Los Angeles have agreed to officially launch the first-ever onshore U.S. wave energy pilot project in September.The launch event is scheduled to take place on September 9, 2025, on-site at AltaSea, and…

CorPower Ocean to Develop 5MW Wave Energy Farm off Scotland

May 14, 2025

Swedish wave energy developer CorPower Ocean has signed a berth agreement to build a 5 MW wave energy project at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Scheduled for deployment in 2029, the 5 MW array is expected to become the UK’s largest wave energy project…

Green Marine Poised for Growth Alongside Potential UK Marine Energy Surge

May 13, 2025

Green Marine UK is poised for growth as one of the most experienced players in the UK’s rapidly expanding marine energy sector, as studies underscore the potential of wave and tidal technologies.With a track record delivering complex marine operations…

SKF to Deliver PTO System for Australian Wave Energy Developer

May 08, 2025

SKF has entered into partnership with wave energy technology developer Carnegie Clean Energy to deliver power take-off (PTO) system for its CETO wave energy device.CETO is a fully submerged, point absorber type wave energy technology where a…

Eco Wave Power, All-Ways Metal Sign Wave Power Tech Manufacturing Deal

Apr 23, 2025

Eco Wave Power, an onshore wave energy technology company, announced the signing of a manufacturing agreement with All-Ways Metal, for the production of floaters for its wave energy project in the Port of Los Angeles. This marks a milestone in the development of Eco Wave Power's first-ever U…

Israeli Firm Gets Final Permit for US Wave Energy Demo

Apr 02, 2025

Eco Wave Power, an onshore wave energy technology company, has received a final permit for the construction and demonstration of its wave energy technology in San Pedro, California.The Revocable Permit 25-05 by the Port of Los Angeles was executed on behalf of the Executive Director…

OPT to Deliver AI-Driven PowerBuoy to US Customer

Mar 24, 2025

Ocean Power Technologies (OPT) has secured a contract for an AI-capable PowerBuoy for an immediate delivery in the United States.This contract enables the future integration of surface and subsea sensors, and the buoy will be deployed on the East Coast…

CorPower Ocean, NTNU Join Forces for AI-Based Wave Energy Project

Mar 18, 2025

CorPower Ocean has secured financial backing from Vinnova, Sweden’s national innovation agency, for a project exploring the adoption of artificial intelligence (AI) for improved performance and control in wave energy technology.The WACE project…

Wavepiston Snags New Investors

Mar 12, 2025

Wavepiston, a developer of turnkey wave energy technology, shared that two professional investors have invested about $980,000 in Wavepiston via the Dutch joint venture company, The Blue Line B.V. The Blue Line is an initiative from investors Connect the Drops…

Eco Wave Power Starts Infrastructure Preps for Portuguese 1MW Wave Project

Feb 28, 2025

Eco Wave Power has started critical infrastructure enhancements for its planned 1MW wave energy project in the city of Porto in Portugal.The Porto project, Eco Wave Power's first MW-scale wave energy venture in the country, is expected to be finalized during 2026…

CorPower Gets Funding for Wave Energy Scale-Up

Feb 17, 2025

CorPower Ocean was selected as a winner of the European Innovation Council (EIC) Accelerator program and has been awarded €2.5 million in grant and a pre-commitment of €15 million in equity investment, totaling €17.5 million, to accelerate the commercialization of its wave energy tech…

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