Wave Energy News

 

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…

Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform

Aug 16, 2022

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform…

US DoE Funds Marine Energy Projects

Jul 29, 2022

The U.S. Department of Energy (DOE) recently announced $12 million for 12 hydropower and marine energy projects as part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program.These small business-led projects…

Bombora Making Progress with 'World’s Most Powerful' Wave Energy Converter

Jul 19, 2022

Bombora Wave Power said this week it was entering the final test and assembly phase of the 1.5MW Pembrokeshire Demonstration Project, as it prepares to validate what it says is the world’s most powerful Wave Energy Converter.'Rigorous testing…

Mocean Energy Starts Tank Testing Models for 250kW Wave Energy Machine

Jul 07, 2022

Mocean Energy has started tank testing models of its 250kW Blue Horizon wave energy machine as part of the EU-funded EuropeWave program.The Edinburgh-based wave power company is of seven technology developers awarded contracts for phase 1 of the €20 million R&D scheme…

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